MSCI has constructed a new index, based on client-specified customised ESG screening criteria, which aims to exclude companies directly implicated in certain serious human rights violations. This paper outlines the index methodology.
CIC weighs into alternatives
The China Investment Corporation deployed nearly 30 per cent of its cash, or $35.7 billion, in 2010, mostly into private equity, real estate, infrastructure and other direct investments with its alternatives allocation increasing from 6 to 21 per cent in the year.
Mercer goes global and adds more to plate
Two new global roles have been added to Mercer’s investment business executive suite, with Russell Clarke appointed global chief investment officer of mainstream assets, and Cara Williams global head of wealth management.
Hedge Funds: Rebuilding on a New Foundation
Institutional investors once preoccupied largely with fund performance now take great interest in the manner by which hedge funds manage operational infrastructure, choose administrators and provide governance centered on best practices. Bearing this in mind, the hedge fund industry is reinventing business models and best practices, with investor-friendly policies designed to enhance fund transparency, liquidity … Read more
Carbon is next bubble, warns report
Capital markets may be creating a so-called carbon bubble by mispricing known fossil fuel reserves as assets, leaving investors with a systematic risk to their portfolios, new research claims.
New Jersey doubles allocation to alternatives
New Jersey’s public pension fund is looking to almost double its allocation to alternatives, particularly hedge funds, lifting that allocation to a third of its assets, and is scaling back on equities despite it being its best performing asset class this year.
