In a major push for corporate action against deforestation, 230 investors with $16.2trn in assets under management, asked companies to tackle financial material deforestation risks.
Low costs are the main reason exchange-traded funds have been such a hit, a JPMAM study finds.
Private capital has never been given such an important role in tackling climate change and de-carbonising the economy. As Philippe Le Houérou, CEO of International Finance Corporation (IFC), says, the private sector “holds the key,” noting that it “has the innovation, the financing and the tools.”
On the occasion of PRI in Person conference in Paris, Novethic has released the findings of a survey on 228 major European investors who are PRI signatories.
Sharon Hendricks, Chair of CalSTRS (California State Teachers' Retirement System), revealed that divestment is not on the cards right now for the pension fund.
The mandate carries an ESG profile.
New Vontobel's survey reveals wideness of the ESG knowledge gap among retail investors.
Finland’s National Nuclear Waste Management Fund, which has €2.6bn of assets under management, will be taking moderate risks for better long-term returns.
MP Pension, Danish academic pension fund, will sell shares worth DKK 644 million (€86.3 million) belonging to the world’s largest oil conglomerates, including Royal Dutch Shell, ExxonMobil and Equinor.
Partnerships between insurance companies and asset managers are developing, says Cerulli's study.
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L'AGEFI's yearly international gathering for top-level institutional investors
October 10th and 11th 2019
Intercontinental Opéra | Paris