The Investment Association has written to chairs of remuneration committees of FTSE 350 companies, stating its principles of remuneration that set out investors’ expectations on how companies should structure the pay of their top executives.
The proportion of institutional investors who are sceptical of sustainable investment has dropped by almost 50% in three years, while climate change has become investors’ main focus of engagement, according to the Schroders Institutional Investor Study 2019 survey (*)
The Swedish premium pension fund reforms announced on November 4 will see AP7, which will be renamed as Agency for the Premium Pension’s Fund Management, playing a larger role in managing premium pension’s fund marketplace.
VBDO, the Dutch Association of Investors for Sustainable Development, revealed that more than half (55%) of the insurance institutional investors do not have a clearly formulated climate change policy.
The Government Pension Fund Global (GPFG) recorded a return of NOK236bn (€23bn) in the third quarter of 2019, even as the sovereign wealth fund's chief executive officer Yngve Slyngstad announced his resignation.
GrønlandsBanken, Greenland's main financial institution, stopped financing fishermen because of 'unsustainable fishing'.
The oil group plans $400m in investments in innovative start-ups to reduce CO2 emissions.
In the third quarter, investors shifted more money into cash holdings, despite anticipating further stock market gains.
The Government Pension Fund Global (GPFG), started 23 years ago with the first inflow of NOK2bn from the Norwegian Ministry of Finance, has now surpassed NOK10trn (€0.9 trn) on 25 October.