Canada to allow retail contribution to new SWF

Mark Carney

Canada has established its first national-level s
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Future Fund sees EM shifts widening alpha opportunities; CEO to depart

Future Fund sees EM shifts widening alpha opportunities; CEO to depart

Australia’s Future Fund has highlighted strong performance in global equities, particularly in Japan and emerging markets, as a key return driver for its last reporting period. Despite increased concentration in EM indexes, new CIO Richard Brandweiner said it could lead to more alpha opportunities. Meanwhile, CEO Raphael Arndt said the time has come for a “fresh leader” to steer the fund as he prepares to close out a close to two-decade tenure with the $255 billion investor.

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Politicisation, poor governance to blame for backlash against ESG

CIOs need to fight back against the politicisation of ESG in the United States by adopting sound governance principles and not allowing their funds to be “pinned down to one side of the [political] spectrum”, the Sustainability in Practice conference at Oxford University has heard.

CalPERS next CIO: 55 applications so far and counting

The numbers behind CalPERS hunt for a new CIO: 55 applicants so far; a $300,000 budget to secure a candidate; and a process of candidates submitting to 40-odd checks including credit checks and social media history.

Net zero targets drift out of reach but dynamic change is still possible

Net zero emission targets may cover most of the global economy, but the world is not going to deliver on its net zero promises, warned Oxford University’s Cameron Hepburn, speaking at Sustainability in Practice.

How to rewrite Modern Portfolio Theory to integrate climate risk

When it comes to climate risk, traditional scenario analysis leaves investors with more questions than answers and omits uncertainty around physical risk and the interaction between physical risk, inflation and tipping points. Investors need to abandon modern portfolio theory and find a new approach that focuses on short-term scenarios.

Impact investors, be wary of labeled bonds

Clarity around capital allocation and defined investment frameworks have made labeled bonds a lucrative opportunity for many impact investors. However, Oyin Oduya, impact measurement and management practice leader at the $1 trillion Wellington Management said the reality is not that straightforward.

Why ESG-momentum strategies with a focus on governance bring best returns

ESG-momentum matters when it comes to outperformance according to new research by Pictet Asset Management's head of sustainability Eric Borremans who says investors should sharpen their ESG lens and use active ownership to trigger positive change.

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