Previ invests abroad as pandemic bites
Brazil's largest pension fund has been planning to invest more overseas for a while. Now economic travails in its home market due to the pandemic have stepped up the pressure to diversify.
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Debate around fiduciary duty moves on
Fiduciary duty shouldn’t be a barrier to investing according to ESG principles, said Marcel Barros, executive director of Latin America’s largest pension fund, the Banco do Brasil SA, or PREVI, talking at PRI in Person 2015, the annual conference for the UN-supported international network of investors working to put Principles for Responsible Investment into practice.
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