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.
The US organisation, which estimates the global impact investing market at $502bn, is taking its turn at trying to establish a clear standard of what “impact investing” is.
The Nobel Foundation shifted exposure from equities and bonds towards alternative assets and real estate last year.
The Quebec institution has surpassed its anti-climate change investment target and is in line with its CO2 emissions reduction target.
Over the past five years, the Caisse de Pensions de la Fonction Publique de Neuchâtel, or “Prévoyance.ne” for short, has had to manage no less than one merger, one recapitalisation, and one revision of its investment plan and asset allocation.
In the view of Salwa Boussoukaya-Nasr, chief investment officer of FRR, a French public-sector retirement fund, the growing integration of ESG criteria by asset managers is helping to streamline mandates.
The Norwegian government has proposed that its sovereign-wealth fund double its weighting of non-listed renewable energy infrastructure, to €12bn and halve its weighting of emerging market bonds, to €13bn.
In 2019, CNP continues to roll out its hedging strategy.
The world’s largest pension funds calls on asset managers to enhance its own skills.