Six candidates have gained election to the advisory council of the UN PRI in a close-fought election that for the first time saw asset managers and service providers included.
Mooted US downgrade foreshadows post-triple A world
While the US narrowly avoided defaulting on its spiralling debt, concerns about a possible downgrade of the US credit ratings is likely to herald a post-triple A ratings investment world, say fixed-income experts.
LGS overlays with clean green strategy
The Australian $6.2 billion Local Government Super (LGS) fund has taken an active role in handling its risk, by developing innovative in-house strategies for tackling climate change and equity market risk in its portfolio.
Managers can be victims of their success
When selecting a global equities manager, size and established success may not be the best indicator of performance, research by consultants Russell Investments shows.
Investors demand higher standards at News Corp
Institutional investors in the United States and Australia have called for governance changes at News Corporation in the wake of the scandal surrounding allegations of phone hacking by News of the World journalists.
Bonds buoy funds globally
New Zealand pension funds were the best performing in the OECD last year, with an average of 10.3 per cent, followed by Chile, Finland, Canada and Poland, with 2.7 per cent the average across all countries.
