Asset owners have a responsibility to consider whether their investment strategies are potentially damaging to long-term sustainable wealth creation and are, therefore, not in the best interests of beneficiaries, Harvard University’s David Wood says.
Sustainability boosts company performance
A study of the performance of companies over an 18-year period has found that high-sustainability companies out perform low-sustainability companies and have lower volatility.
Growing financial knowledge poses challenge
As with most education, financial literacy is dependent on many personal and social factors. But now it turns out that for those living in the USA, the state in which you live may also be a determining factor.
Investors hold power for sustainable future
Serious investors need to look at the sustainability of capital and their responsibility under UNPRI. They are not serious about their ESG commitment.
Tail risk insurance a long-term cost blow-out
Insuring against tail risk is too costly and a drag on long-term performance, with AQR Capital Management research revealing investors should instead make changes to their portfolio construction and risk management policies to better protect against unexpectedly large losses.
NYSTRS has stellar year
The $89.9 billion New York State Teachers Retirement System (NYSTRS) has achieved its best result for 25 years, returning 23.2 per cent for the year to June 30, 2011, with the strong performance driven mainly by its equity portfolio. NYSTRS, which claims to be one of the few fully-funded public pension funds in the country, … Read more
