Norges Bank’s letter to the Norwegian Ministry of Finance cited limited data availability as key challenge to analyse climate risk of the €1trn sovereign fund.
Brexit has turned out to be the single biggest concern for 94% of UK investors.
The 2019 edition of the OECD's Pensions at a Glance report highlights net investment rates of return of funded and private pension plans were negative on average (-3.2%) in 2018 in the OECD member states.
A group of 21 asset managers, pension funds, stewardship service providers, and charitable investors have written a letter to 15 companies listed on the FTSE 100 and the FTSE 250
AXA’s latest climate strategy will focus on aligning “warming potential” of its investments to Paris Agreement goals and complete coal divestment by 2030 in Europe and OECD countries, among other measures.
The bank has pledged to exit coal by 2030 in Europe and 2040 worldwide and has raised its objectives for financing renewable energies.
Finnish mutual pension insurance firm Varma is targeting carbon neutrality of its investment portfolio by 2035, while exiting from investments in thermal coal equities by 2025.
Portugal's financial market authority CMVM has unveiled asset management indicators for the third quarter of 2019.
The government has given them one year to improve their financial situations, which has been hit hard by low interest rates bas. Pensions payments are then likely to shrink.
Swedish pension firms are increasingly choosing alternative investments but ESG integration for this asset class is still far behind, according to latest report by Söderberg & Partner.