More than 40 asset managers were shortlisted for a private credit mandate for the £8 billion UK DC plan, NEST. It chose three. Sarah Rundell looks at the process and structures, and what the fund looked for in a manager.
Sarah RundellOctober 31, 2019
Understanding the economic implications of changing demographics is essential for investors, said Aubrey de Grey, a biomedical gerontologist speaking at the Fiduciary Investors' Symposium at Harvard University He said the technology exists today so that the ageing process can be combated and people will live much longer in the future than what they do today, so really “longevity is a side effect of health”. He urged investors to think about how people living longer will affect consumer behaviour and investee companies.
Sarah RundellOctober 14, 2019
Denmark's PKA pension fund is leading the way in investing in emerging markets in line with the SDGs. It targets 10 per cent of its $40 billion in alternative ESG investments and an increasing portion of that is invested in emerging markets via allocations to green bonds, infrastructure, microfinance, water sanitation and a specific SDG fund.
Sarah RundellSeptember 13, 2019
At PRI in Person Sylvia van Waveren, director, active ownership at Robeco, and Adam Mathews, director of ethics and engagement at The Church of England’s Pensions Board sat down with Ben van Beurden, CEO of Royal Dutch Shell to chart their journey of dialogue and evolution that resulted in the oil giant setting carbon emissions targets linked to executive pay.
Sarah RundellSeptember 12, 2019
Last month the book Achieving Investment Excellence, was launched in the auditorium of Dutch pension investor APG. The book is a guide to empowering pension fund trustees to get a good grip on the difficulty of successful long-term investing for pension funds. Top1000funds.com spoke to one of the authors, principal director investment strategy of PGGM, Jaap van Dam.
Amanda WhiteJuly 5, 2019
The $3.5 billion Carnegie Foundation doesn’t report quarterly numbers and at its board meeting it doesn’t discuss performance at all. Pension funds looking to change behaviours towards a long term investing orientation could take heed from such foundations in how they report to their boards about performance.
Amanda WhiteMay 7, 2019
The first day of the Fiduciary Investors Symposium at Cambridge University, which brought together more than 70 asset owners from 15 countries, centred around asset owners responsibility to engage with policymakers, the integration of ESG and the sustainable development goals as well as barriers to long term investing.
Amanda WhiteApril 8, 2019