Browsing Posts of Author
-
August, 2021
Clean air is not to be sniffed at, says report
Air pollution is a global health and social justice issue that disproportionately affects the most deprived, says a report by Global Action Plan and Insight Investment. Local authorities can be among the prime movers in driving up air quality standards, say the report’s authors, by encouraging the use of sustainable travel options instead of cars; ...
Read More -
August, 2021
First custody-agnostic carbon tool is launched
CACEIS is the first custodian in the UK to launch a custody agnostic carbon metrics reporting tool that reports on carbon emissions data across more than 10,000 global companies. The tool provides data to help pension schemes to align themselves with reporting requirements on the Task Force on Climate-Related Financial Disclosures (TFCD). The “look ...
Read More -
August, 2021
LGPS Central seeks new manager for global sustainable equities fund
LGPS Central has begun a search for managers to run its new Global Sustainable Equities Fund. The fund will allocate around £1 billion to three investment strategies, banded as “broad”, “thematic” and “targeted”. Benchmark will be against the FTSE All World Index in sterling, or an equivalent. Performance expectations are for 1.5% to 2.0% ...
Read More -
August, 2021
No cheating when KBIGI marks its own homework
KBI Global Investors has announced that the impact its investments have contributed to achieving UN sustainable development goals has increased over the past year. And what’s more, it can prove it. The company has developed its own impact measurement methodology. This indicates its revenue alignment SDG scores (RASS), is 78.0%, an increase of 6.0% year ...
Read More -
August, 2021
Hammersmith and Fulham backs social des res opportunity
Hammersmith and Fulham Pension Fund (LBHF Pension) has invested £30 million in the Man GPM RI Community Housing Fund. The move demonstrates the growing interest among institutional investors not only in residential real estate and inflation-linked investments, but investment opportunities that target positive social and environmental outcomes in addition ...
Read More -
August, 2021
Hedge funds as part of the ESG solution
Sustainable investment should not be the preserve of a long-term, buy and hold approach, as hedge funds have a role to play in executing environmental, social and governance (ESG) policies. So says a paper on the matter by Pictet Asset Management, which has incorporated ESG into the investment processes and risk management of all its hedge fund strategies. ...
Read More -
August, 2021
LGPS Funds back social housing initiative
PGIM Real Estate has expanded assets in its affordable housing fund with the acquisition of eight single family for rent residential housing sites. The fund was launched in February with initial capital of £190 million from Northern LGPS and Brunel Pension Partnership. This initial portfolio was acquired from build-to-rent provider Wise Living and is ...
Read More -
August, 2021
There’s a place for local investment says new report
A new white paper calls on institutional investors to take a more place-based approach to their asset allocation. The paper, published by the Place Based Investing Project (PBII), which is backed by The Good Economy, the Impact Investing Institute and Pensions for Purpose, shows that opportunities exist for investors to secure financial returns while ...
Read More -
August, 2021
Redington stands up to be counted
The latest regulations on ESG disclosure contained in the Pension Schemes Act 2021 will be enacted later this year. All defined benefit, defined contribution pension schemes, as well as those operating master trusts, are required to consider and disclose climate related financial risks and opportunities in line with the Taskforce for climate-related ...
Read More -
August, 2021
LGPS Central launches £680 million multi-asset credit fund
LGPS Central has launched a £680 million Multi-Asset Credit (MAC) Fund. Two fund managers – BMO Global Asset Management and Western Asset Management – were chosen from more than 80 that expressed an interest in tendering for the mandate. Each fund manager will receive half the total mandate. LGPS Central Limited CIO and investment director for fixed ...
Read More
