The Institutional Investors Group on Climate Change (IIGCC) wants all new cars and vans to be zero emission vehicles “well before 2035.”
Danish pension service provider ATP realised a net profit of DKK 20.3bn (€2.73bn), primarily driven by record high returns in the investment portfolio but warns of lower returns in the years to come.
Local and foreign equity investments of Spanish pension funds are at their highest since 2015.
The Government Pension Fund Global (GPFG), Norway’s €1trn sovereign wealth fund managed by Norges Bank Investment Management (NBIM), returned 10.9% or NOK 1,070bn (€101.58bn) in 2020.
The British government has kicked off public consultation over draft climate change governance and reporting regulations for local occupational pension schemes.
Maria Björklund has been appointed as the head of alternative investments and will take up the position on 1 February 2021.
ATP, which has $150bn assets under management, seeks to optimise its business model, by taking more long-term investment risk and adding alternative assets to its portfolio.