More ambition needed from asset managers on fundamental labour rights

Sharan Burrow general secretary of the ITUC and Pa
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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.

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Regulation could stifle stewardship effectiveness

Investors around the globe are stepping up their active ownership practices but CEO of PRI, Fiona Reynolds, argues that some regulatory proposals in the US and Australia could create ineffective and burdensome disclosure obligations on proxy advisors.

Net zero commitments make greenwashing more prolific

The proliferation of grand gestures of sustainability, such as net zero commitments, means manager due diligence is even more important and more intensive, according to global head of research at Willis Towers Watson, Luba Nikulina.

DEI and ESG in manager ratings: Clarke’s legacy

Mercer will incorporate DEI considerations into its manager research the same way it pioneered the incorporation of ESG factors in its manager ratings process back in 2012. The integration of DEI is a parting gift from long-term global head of investment research, Deb Clarke, who retired yesterday. Amanda White spoke to her about her legacy and the investment industry’s unfinished business.

Portfolio actions for a sustainable tomorrow

Tim Hodgson imagines a future where portfolios are managed to risk, return and impact goals via a total portfolio approach that puts every investment into a competition to best meet those goals. He outlines some questions to guide portfolio actions to get there.

Promoting diversity won’t cut it, results will: Brown Duckett

CEOs are accustomed to stretch targets and reward outcomes, not efforts says TIAA’s Thasunda Brown Duckett, the same principals should be applied in the DEI space. She was speaking alongside CIOs from CalPERS and CalSTRS at a diversity forum co-hosted by the funds.

Asset owners’ increasingly global diversity lens

More investors around the world are looking at how to invest with a diversity lens. Amanda White examines how investors in Japan, Sweden, the US and Canada are addressing the diversity question as part of their internal organisation and in their investments and the managers they work with.

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