Belgium’s KBC Pensioenfonds, the pension fund for the banking and insurance group, runs a large LDI programme. But unlike UK pension funds who had to fire sell assets to post margin during the recent gilt crisis, KBC can post bonds, not cash, as collateral.
New Zealand Super has radically slashed the holdings in its passive equities portfolio as it re-aligns the portfolio with a Paris-aligned benchmark. It’s part of the fund’s shift to a sustainable finance focus which includes improving the fund’s already-good ESG profile and a more long-term future focus on impact investing.
NBIM has unveiled its latest investment strategy for the period 2023 to 2025 outlining a contrarian approach and greater integration of technology in its investment processes in a quest to become the best large investment fund in the world.
The C$C532 billion ($587) billion CPP Investments has identified four clear “sources of edge” that it will build its organisational transformation on as it prepares for life as a C$1 trillion fund.
Railpen lists climate, cyber security and mental health in the workplace amongst its key engagement and AGM voting priorities in 2023.
The credibility of transition plans is under scrutiny because while sustainable investing is booming real world impact is going in the wrong direction. In response investors need to innovate on the nature of investment mandates says Colin le Duc, a founding partner of Generation.
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