Announcements
A university in New England has reduced its overall exposure to fossil fuels to less than 2% of its endowment as part of its initiative to transition its portfolio to net-zero greenhouse gas (GHG) emissions by 2050.
Regnan, a responsible investment management business affiliated with J O Hambro Capital Management, has hired two fund managers to handle a sustainability global equity strategy.
Northern Trust has announced several leadership changes to its wealth management business.
Wellington Management has hired two senior investors for its private market sustainable investing team, the firm announced.
An outsourced cio has hired a managing director on its client development team.
Pathstone has agreed to acquire Cornerstone Capital Group, the firms announced.
A foundation based in the Mid-Atlantic region has hired a new outsourced cio following a search from last year.
A college based in New England has promoted one of its investment staff to the role of cio.
A coalition of Canadian university endowments and pension plans has announced a new initiative to engage corporations on climate change to reduce climate-related risks in their investment portfolios.
An endowment in the South has hired a new founded investment management and wealth advisory firm.