The Établissement de Retraite additionnelle de la Fonction publique (ERAFP), the first French public pension fund, will be divesting from companies whose turnover from thermal coal-related activities exceeds 10% of the turnover.
Danish pension funds registered positive returns for 2019, especially as their green investment strategies paid off.
Norway’s $30bn Government Pension Fund – a domestic wealth fund – has proposed changes to its investment mandate as it approaches its ownership limits.
German law firm TILP Litigation has filed a lawsuit against German carmaker Daimler on behalf of 219 institutional investors on 30 December 2019.
Japanese sovereign wealth fund hints at developing partnerships with global peers for joint investments.
The Japanese sovereign wealth fund – Government Pension Investment Fund (GPIF) – and the Council of Europe Development Bank (CEB) have launched an initiative to develop sustainable capital markets through social bonds.
New York based law firm Pomerantz LLP on 27 December 2019 filed a securities fraud lawsuit relating to the $200bn money laundering scheme at Danske Bank on behalf of more than 60 institutional investors.
The Solicitor General of Spain has lodged an appeal in cassation before the Spanish Supreme court after it was sentenced to refund €3.02m to the Norwegian sovereign fund.
Global insurers’ objectives are the same as last year, but half of them don’t believe they will meet them, a Schroders survey found.
The Spanish supreme court asks the Court of Justice of the European Union (CJEU) to rule on whether qualified investors can bring a liability action against a company if its IPO prospectus is only issued for retail investors.