Equity

A Canadian university recently committed capital to a global equity manager that invests in opportunities emerging from the transition to a more sustainable global economy.

The city’s five systems approved allocations to public equity climate change solutions on Friday.

The three firms will vie for a $112.5 million mandate.

The plans are evaluating how to address the move of LSIA’s passive equity team to new firm Yousif Capital Management.

The firm was placed on watch after the plan received notice of an investment team change.

The board of governors and board of trustees of a university in the Northeast approved divesting its endowment from fossil fuel investments on March 9.