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June, 2022
LPPI grows Finnish district heating and energy services business
Local Pensions Partnership Investments (LPPI) has announced that its Finnish district heating and energy services business platform Loimua Oy, formerly known as Elenia Heat, has agreed the acquisition of Pilke Energia and its subsidiaries from Lahti Energia. Pilke Energia owns and operates biomass boilers with a capacity of 48 megawatts (MW) across two ...
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June, 2022
Border to Coast to launch £1 billion EM equity alpha fund
Border to Coast Pensions Partnership will launch a £1 billion emerging markets equity alpha fund in the first half of 2023. The fund, which has already appointed two China specialist managers, will work with up to two emerging market equity managers to manage around £650 million in assets. The successful candidates must demonstrate EM equity ...
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June, 2022
LGPS Central launches £1 billion global sustainable equities fund
LGPS Central has launched a £1 billion global sustainable equities active fund with funding from four of its local authority partners. The LGPS Central Global Sustainable Equity fund is made up of three themed sub-funds that cover broad, thematic and targeted funds managed by Mirova, Liontrust and Baillie Gifford respectively. LGPS Central chief ...
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June, 2022
The importance of digital governance for global companies
EthicsGrade’s latest quarterly ratings reveal that fewer than one third score a C or above for implementing good governance in their technology in 2022. Only 89 of the 302 companies graded achieved this score or above, with many companies failing to provide details on their technology governance and artificial intelligence (AI) ethics. Charles ...
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June, 2022
Brunel identifies biodiversity as a new RI priority
Brunel Pension Partnership has identified biodiversity as a new priority focus for its broader responsible investment mandate. The pool sets out this target in its 2022 Responsible Investment & Stewardship Outcomes Report alongside its existing themes such as cyber risk, circular economy and climate change. “Investors and corporations must recognise ...
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June, 2022
LGPS Central gets top marks as RI leader
LGPS Central has secured top spot in the Responsible Asset Allocator Initiative Awards, having been rated as a leader in the 2021 Responsible Asset Allocator Initiative (RAAI) Index. The pool received not only top marks, but a perfect score of 100%, a considerable improvement on its 2019-2020 score of 80%. “This is a tribute to not only our commitment ...
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June, 2022
Environment Agency backs Lombard Odier’s sustainable private credit strategy
Lombard Odier Investment Managers (LOIM) has announced the first closing of its sustainable private credit strategy, with a commitment from the Environment Agency Pension Fund (EAPF). The strategy has an Article 9 classification under the Sustainable Finance Disclosure Regulations (SFDR). “The transition to a net zero global economy will be highly ...
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June, 2022
Be prepared: 75% of pension schemes have net zero plans
Almost three quarters (74%) of pension schemes have net zero plans in place, or will do within the next two years, according to a Pensions and Lifetime Savings Association (PLSA) survey. The survey shows that schemes are making progress towards net zero, with new Taskforce on Climate-related Financial Disclosures (TCFD) requirements likely to swell those ...
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June, 2022
Simplicity wins: How most conventional asset classes have outpaced inflation
Mamdouh Medhat, Senior Researcher, Dimensional Fund Advisors. Mamdouh Medhat at Dimensional Fund Advisors discusses the findings of a study of 23 US assets over a 93-year period showing their relative success in protecting the purchasing power of pension benefits Local authorities are often on the front line of public-service provision to some of the ...
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June, 2022
The outlook for global equities
Pádraig Floyd, LAPF Investments. Pádraig Floyd examines the outlook for global equities in an era of volatile global economics, and finds several reasons for optimism For about three-quarters of the last 30 years, global equities have returned more to investors than high quality global bonds. The margin of outperformance has been around 12.5%, ...
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