Crisis and interdependence
This crisis may be an opportunity for transformational change, and Colin Melvin sees investment managers starting to realise their shared purpose with their clients.
Investors must act on DoL proposal
Investors have only a few days to comment on the US Department of Labor’s proposed amendment to investment duties regulation and ESG – which many believe is out of step with the market and potentially damaging to retirees’ retirement income – with the window for comment closing on July 30.
The need for urgent action on climate
Nigel Topping who was appointed by the UK Government as the High Level Climate Action Champion for United Nations climate talks, COP26 joins Fiona Reynolds, chief executive of the PRI, in conversation with Amanda White, editor of Top1000funds.com This episode focuses on climate change and how, amongst and despite, the short-term focus of this COVID-19 crisis, we can mobilise government, business and investors into action around this important issue of climate change.
Strategy at Canada’s newest pension plan
Barbara Zvan started her job last week as the inaugural CEO and president of UPP, the new pension fund that will pool three existing Canadian university pension funds. She talks to Amanda White about the plans for the fund including the mix of internal and external management.
Watch Oxford’s vaccine expert
Oxford University’s COVID-19 vaccine has passed another test this week, with trials showing the injection led to the making of antibodies and T-cells that can fight coronavirus. We had the inside running on this. Professor Adrian Hill, who is the director of the Jenner Institute which developed the vaccine spoke at our Fiduciary Investors Global Symposium last month. You can watch the video recording of his description of the vaccine process, and his positive outlook on the results here.
Braving the unknown: high yield debt
Option-adjusted spreads for US high yield are above 700 basis points, a stress event threshold only breached four other times in the last two decades. Mercer’s Nathan Struemph examines the considerations for investors looking at these investments including the range of return outcomes in prior stress events, the path investors had to experience in reaching those outcomes, and the impact of implementation timeliness on returns.
