West Virginia CIO fears anti-ESG politics threaten fiduciary independence

Like many other US pension funds, West Virginia In
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US endowment returns rocket on SpaceX windfall

US endowment returns rocket on SpaceX windfall

Early venture bets on SpaceX have ballooned into major portfolio positions at some US university endowments, with new analysis estimating the aerospace firm contributed as much as 10.6 percentage points to annual returns. Michael Markov, founder of US quantitative researcher Markov Processes International, says the windfall is now creating a concentration risk that investors cannot ignore.

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CPP shares the playbook for pushing corporates on scope 1, 2 emissions

A quarter of companies in CPP Investments' public equity allocation still don’t report Scope 1 and 2 emissions - one of the most fundamental indicators of whether a corporate board is engaging on the climate emergency.

Under-priced climate risk plagues pension portfolios

Climate risk remains systematically under-priced and the world isn’t on course for net zero. Investors need to prepare for the risks of climate and environmental change and re-evaluate the risk in their portfolios, University of Oxford researcher Nicola Ranger warned delegates to Sustainability in Practice.

Emerging tech and a little pragmatism make biodiversity investible

Finding “nature positive” companies to invest in is a challenge, delegates to Sustainability in Practice at the University of Oxford have heard. But Institutional investors can play a key role in turning corporate laggards into leaders.

Being joined-up: Why it’s so important

Climate change is the mother of all super-wicked problems, according to Roger Urwin, who argues that being joined-up will help asset owners with the holistic thinking and cross-agency coordination needed to tackle the complexity.

PGGM prepares to incorporate impact in three dimensional approach

Dutch asset manager PGGM is working with Bridgewater Associates to integrate impact across its portfolio. PGGM's Arjen Pasma and Bridgewater's Carsten Stendevad discuss the strategy, which promises to dramatically reshape PGGM's €228 billion portfolio.

Finland’s VER charts interest rate impact on risk premiums

Now that interest rates have risen by 2-3 percentage points, the key question is whether this rise in rates will be directly reflected in improved overall returns or whether risk premiums will be lower than before. VER's Timo Löyttyniemi explains.

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