ESG
Two foundations are working toward making their portfolios more diverse through the networks of diverse talent percolating in the asset management industry as well as data showing diverse investment talent outperforms.
The university is discontinuing its voluntary divestment from all publicly traded oil and gas companies as it has set a goal of achieving a net-zero endowment by 2046.
A relatively new investment advisory firm helps investment committees at foundations and endowments find alpha-generating opportunities in climate solutions.
The institution approved an investment with a low carbon, global equity index fund within its pension and revised the target asset allocation for its largest pool of assets.
The retirement fund is considering a real estate strategy that targets affordable housing as well as neighborhood and community retail/mixed use within the city of Chicago.
The university decided against divesting its portfolios from fossil fuels as the action would conflict with its legal fiduciary duty.
The foundation recently invested in a climate-focused public equity strategy as it looks to achieve net-zero carbon emissions in its portfolio by 2030.
The real assets consultant will cover non-real estate asset classes such as infrastructure, energy transition and natural resources.
The retirement fund approved the addition of an 11% sub-allocation target to a climate transition index in the third quarter.
The plan replaced a domestic large-cap equity fund with a social index fund as the previous manager had been on watch for performance concerns.
