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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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Divestment doesn’t go far enough

Many investors are ridding their portfolios of assets that contribute to human suffering, but that may not go far enough. Tim Hodgson writes that a global fix requires something far more bold.

APG takes the lead on AI

APG is one of the few large asset owners putting AI to work effectively in its investment process. Amanda White looks at how it is integrating machine learning and more to enhance decisions.

CPPIB focuses managers on long term

The C$337 billion CPPIB works towards a full understanding of its external managers’ strategies. These efforts, plus a customised fee structure, ensure a focus on long horizons.

Report gives EU funds ESG guidance

The High-Level Expert Group’s 2018 report provides a range of recommendations for how Europe’s pension funds can better address the risks and opportunities ESG concerns pose for their portfolios.

CalSTRS to benchmark using ESG mandates

The $225 billion CalSTRS is working towards adding six equities mandates that have a specific focus on sustainability. It will benchmark traditional managers against their ESG approaches.

The habits of top ESG performers

A look at Corporate Knights’ 2018 ranking of the best companies for ESG reveals that they pay more in taxes, hire more women in executive roles, and generate more clean revenue than their peers.

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