Nicolai Tangen, CEO of Norges Bank Investment Management (NBIM), which manages the €1trn sovereign wealth fund, said that difficulties in finding projects and pricing makes this asset class unattractive for the fund.
Brunel Pension Partnership Limited has chosen Ownership Capital, RBC Global Asset Management and Nordea Asset Management to run its £1.2bn mandate, in which the managers will positively pursue companies providing a benefit to society.
An official French survey in late 2019 showed that insurers still have gaps in their IT security.
The Climate Investment Coalition is expanding from Denmark to other Nordic countries in order to share green investments' commitments by 2030.
The Dutch association of investors for sustainable development VBDO has released its 14th edition of its Benchmark on Responsible Investment by Pension Funds in the Netherlands.
The latest research by the $86trn UN-supported Principles of Responsible Investment (PRI) predicts that demand for negative emission technologies (NETs) to remove carbon from the atmosphere could create massive opportunities, even surpassing current market capitalisation of oil and gas majors.
Asset News has canvassed views on the degree of transparency that should apply to the information provided to retail investors and pension scheme participants.
According to Credit Suisse, the total global household wealth has dropped by $17.5trn during the first quarter of the year before recovering to pre-2020 levels in Q2.