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Fund “heads in sand” on climate risk

An Australian superannuation fund with A$6.6 billion ($6.9 billion) under management has achieved number-one ranking in a global survey of how the world’s top 1000 retirement funds, insurance companies and sovereign wealth funds are responding to climate risk. Sydney-based Local Government Super (LGS) has received the top ranking in the inaugural Climate Index of the […]
FIS Santa Monica

Push the reset button on pension funds

The global economy is on life support and the best that can be expected for the next five to 10 years is to get out of the intensive care unit but not off the critical list. Slow growth, low interest rates, serious unemployment levels, marginalised activity in the growing informal sector, sovereignty as a defensive […]