The dual outcomes of saving the world and generating excess returns has been made harder to deliver because of ESG scoring in emerging markets a senior Aegon portfolio manager has said.
Climate-minded academics called on a United Nations-backed group to sanction financial services firm TIAA unless it improves its environmental record, highlighting the divide between nonprofits moving away from fossil fuels and big investors sticking with oil and gas stocks.
New York City Comptroller Brad Lander unveiled today a new interactive website that allows pension beneficiaries and the public to view asset allocation and performance for the City’s five public pension funds which guarantee retirement security for city workers.
Missouri state treasurer Scott Fitzpatrick announced Tuesday that the state employees pension fund had pulled all its equity holdings managed by BlackRock Inc.
For one of the world’s largest hedge funds, the U.K. pension fund crisis is just the start as central banks around the world raise interest rates and turn off quantitative easing.