A joint statement from a group of 285 investors representing more than $20 trillion has called for a binding international legal framework that will provide the long-term certainty needed to encourage the large-scale private investment necessary to tackle climate change. (more…)
Despite two of America’s largest pension funds, CalPERS and CalSTRS, calling for changes to the board of News Corp at the upcoming annual general meeting on Friday, Rupert Murdoch’s iron grip on the company means their efforts will likely amount to little more than a protest vote. (more…)
There is an over-abundance of literature about the failure of traditional asset allocation models, and the need for a new alternative that will solve all the world’s problems. But a new model by Morgan Stanley Alternative Investment Partners caught my cynicism by surprise this week. (more…)
The pay levels, amount of in-house investment activity and governance structure of the $83 billion Washington State Investment Board (WSIB) may be under review following a rigorous debate that included a presentation to the board by KPA Advisory’s Keith Ambachtsheer. (more…)
Responsible investment research has reached a “tipping point” in its development, says the PRI’s director of strategic development, Rob Lake, and it needs to be more closely aligned to the practical needs of front-line investors. (more…)
More than 70 investors representing more than $3.1 trillion in pension, endowment and sovereign fund capital will converge on Beijing on Sunday for the first Top1000funds Fiduciary Investors Symposium. (more…)