Nordic and British pension funds on Tuesday committed to invest $130 billion by 2030 to fight climate change, and report annually on the progress of their green investments.
Some economists argue that the pandemic-driven retreat from globalization, together with population aging in China and the advanced economies, is a recipe for inflation. But while workers’ bargaining power may rise, a wage-price spiral in the advanced economies is unlikely.
For years, divestment advocates have been calling upon Ithaca’s premier institutions—Cornell University and Ithaca College—to withdraw endowment investments in the oil and gas industry.
Willis Towers Watson – the global advisory behemoth with assets under advisory of $6 billion in private equity investments – has described its process of manager selection with Private Equity Wire as it looks to ramp up its relationship with PE firms who have embraced the latest in ESG standards.