In The News
Fidelity International is expanding the investment universe of its Emerging Europe, Middle East and Africa fund to include global emerging markets as it becomes part of the asset manager’s sustainable fund range.
Just days before two legislative committees are set to hear a bill that would require the Maryland pension system to consider climate change as a financial factor when making investment decisions, environmental groups have released a study showing that the state has sacrificed millions of dollars in potential returns by investing in fossil fuel companies responsible for the climate crisis.
People want green pensions but are reluctant to switch out of ‘default’ work funds, placing the onus on providers to switch them into sustainable investments.
Upbeat start to 2022 comes during a strong run for multi-strategy hedge funds.
Move to regulate leaks of potent greenhouse gas would exempt small wells from oversight.
With central banks set to tighten monetary policy in an effort to rein in inflation, new and untested asset classes are likely to be punished harder than more reliable ones.
For venture capitalists, the Great Resignation presents an opportunity to flee jobs and raise new funds.
When the East Sussex local authority pension fund in southern England wanted to cut its exposure to fossil fuels, it needed to be sure there were no oil and gas stocks in the benchmarks its passive funds tracked.
The payments will mark an end to a nine-year legal battle.
LPs like emerging managers as a source of outsized returns. However, LPs also view them as risky, and the decision to back a new team is made tougher when incumbents are returning to market quicker and with many products.
