Swedish buffer fund, AP2, has incorporated Paris-aligned rules into its benchmark construction for global and emerging market equities. This year it turns its attention to Swedish and Chinese equities. The moves come on the back of the best-ever half year return for the SEK421.2 billion fund and its lowest ever costs.
Targets, allocating to diverse managers and acting on calls for change from diverse staffers are just some of the ways asset owners are boosting diversity in their own organisations. Investors at the Kresge Foundation, AP2 and AIMCo talk about their diversity, equity and inclusion action.
ESG is a core expectation of LPs in assessing private equity managers, and some asset owners including AP2 are willing to forego opportunities if a manager is not transparent on ESG, a panel at PRI in Person discussed.
In the next of this new regular series, we examine the relationships that evolved as Sweden’s AP2 decided to invest with local managers in China. The story examines the process for choosing and monitoring Chinese managers, and the burgeoning focus on sustainability in that market.
The European pension fund has been increasing allocations to China A-shares and to Chinese bonds. The fund is managed primarily in-house and has crafted bespoke indices for ESG integration.
Create an account for a more personalised experience. You'll be able to save content to a reading list for later, update your interests so we understand what content and events you'll love, and update your preferences and contact information.
Login via LinkedIn
Use your LinkedIn account to accelerate the process. We'll source your details from your LinkedIn profile.