Deafeating short-termism: Why pension funds must lead

In the fall issue of the Rotman International Journal of Pension Management, Ed Waitzer, the Jarislowsky Dimma Mooney Chair in Corporate Governance at York University, Canada, argues the time has come for pension fund trustees and managers to lead rather than be dragged along. This article proposes a number of steps that can be taken to better align incentives and frame decision-making for longer-term perspectives.

 

Sponsored Content

Leave a Comment

La Caisse’s oil exit pays off as renewables portfolio pulls ahead of fossil fuels

La Caisse’s oil exit pays off as renewables portfolio pulls ahead of fossil fuels

Divesting from the oil sector has been a boon for La Caisse’s performance, as the Canadian pension giant says its energy investments have earned billions in value-add compared to the benchmark since the inception of its climate strategy. Head of sustainability Bertrand Millot unpacks the fund’s approach in an interview with Top1000funds.com.

Sort content by

PRI moves on reporting, data

The UN’s Principles for Responsible Investment is cranking up accountability for signatories, with plans to share examples of best practice and put on notice members that are below standard.

Future Fund focuses on technology

The lessons learned from embedding ESG risk management processes into the Future Fund’s portfolio can be readily applied to helping the fund improve its risk management for technological change.

PMT builds equity benchmark

PMT, the $81 billion Dutch pension fund for metal and technical workers, will introduce its own bespoke developed market equity benchmark to help align investments with its ESG principles.

G20’s climate reporting proposal

A Financial Stability Board task force has released its report on company disclosure of climate risk. Its recommendations include placing responsibility for climate change reporting with boards.

From bonds to equities for GPIF

Since 2014, the Government Pension Investment Fund, the world’s largest investor, has shifted a chunk of its holdings, in domestic bonds to equities, and heightened its focus on stewardship.

OECD presents ESG stocktake

An OECD stocktake compares how different country's regulatory frameworks affect institutional investors’ approaches to integrating ESG factors into their decision-making.

Previous