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PRI in Person '19

France urges more ESG action

“It’s time to act,” said Bruno Le Maire, France’s Minister of the Economy and Finance in the opening keynote speech at PRI in Person in Paris in a speech, which underscored with a sense of urgency that the financial world is not doing enough to meet today’s ESG challenges.
Investor Profile

A strict Régime

Tight controls dictate strategy at the French public service pension scheme – including a commitment to socially responsible investing – but diversification options have increased.
Analysis

Pension funds reject EU financial transaction tax

When the European Commission announced plans on February 14 to introduce a Financial Transaction Tax (FTT) by the start of 2014, it planted a bomb under Europe’s pension funds. That is not, of course, the view of Algirdas Šemeta (pictured below right), the EU’s commissioner for taxation. He says the proposed tax is “unquestionably fair […]