The majority of impact investors said their investments have met their expectations for both impact (82 per cent) and financial (76 per cent) performance since inception, according to a report by the Global Impact Investment Network. The report, which surveyed 229 investment stakeholders, including pension funds, insurance companies, fund managers and foundations, also found 50 per cent of survey participants made […]
Very few American pension funds are incorporating environmental, social and governance issues, according to a new survey by NEPC Investment Consultants. Just 12 per cent of participants said they’re incorporating ESG factors into their investment manager selection process, while 59 per cent said they aren’t and 29 per cent said they aren’t but they’re interested in doing so. The majority […]
With the growth of investment strategies focusing on socially responsible investing, there are many angles for institutional investors to consider. A new report by Cambridge Associates indicated investors putting dollars to work with racial equity in mind will gain an advantage in the long term. While the report noted there are many potential definitions for social equity investing, it defines the […]
Cambridge Associates is adding Jasmine Richards as senior investment director and manager of diversity. The role, based in Boston, will involve leading the firm’s search to identify institutional-quality investment managers, in all public and private asset classes, helmed by diverse leaders, in particular women and people of colour, according to a press release. “We believe that strong investment performance […]
Climate Action 100+ is ramping up its action on climate change by highlighting a further 61 companies for institutional investors to focus on. The group is comprised of 225 global investors with more than US$26 trillion in assets under management, including several Canadian pension funds, such as the British Columbia Investment Management Corp., the British Columbia Municipal […]
The OPSEU Pension Trust is setting out a climate change action plan, including eight areas of focus that aim to make the pension fund more resilient and agile in taking on the problem. “Climate change is one of the most significant challenges facing us today,” said Hugh O’Reilly, president and chief executive officer of OPTrust, in a […]
In the wake of the tragic shooting at a high school in Parkland, Fla., earlier this year that left 17 dead and sparked a renewed and vigorous debate about gun control, certain members of the investment world took swift action. BlackRock Inc., the world’s largest institutional investor with US$6.3 trillion under management as of the […]
Whether the aim is to reduce material risk, align pension investments with the organization’s overall philosophies or address a moral imperative, no pension fund wants to go through the trouble of diving in only to find its assets aren’t as green as it thought. With no standardized metric in existence, the word “green” could have […]
Plan aims to prepare OPTrust for the transition to a carbon-neutral economy
Since the British Columbia Investment Management Corp. is the fourth largest pension fund manager in Canada, it’s important to consider whether it’s investing its resources in a way that aligns with the country’s commitment to the Paris Agreement, according to a new report by the Canadian Centre for Policy Alternatives. BCI isn’t investing with the goals […]