The British Columbia Investment Management Corp. is leveraging its size and influence to drive environmental, social and governance improvements across its portfolio, according to the investment organization’s 2022 ESG annual report. “We believe, as do our clients, that ESG matters, makes a difference and translates to meaningful distinctions in a company’s ability to generate long-term […]
Climate change presents an ongoing challenge to institutional investors’ allocations to domestic corporate bond, according to Soami Kohly, fixed income portfolio manager at MFS Investment Management, speaking during a session at the Canadian Investment Review‘s 2022 Investment Innovation conference. “The way that we think about [environmental, social and governance issues] is that it’s just another […]
“There’s been some tremendous innovation in fixed income markets, especially in the last decade. Technology has made transparency and liquidity blossom in areas that have traditionally been very illiquid, such as high-yield,” said Paul Benson, head of efficient beta at Insight Investment, during a session at the Canadian Investment Review’s 2022 Investment Innovation Conference. “Today, […]
The Caisse de dépôt et placement du Québec is financing part of a renewable energy project in Japan. The investment organization is investing about $90 million in a green bond released by Vena Energy Ltd. The green bond’s proceeds will be used to finance a solar power project on Honshu, Japan’s largest and most populous […]
With many defined benefit pension plan solvency ratios at all-time highs, plan sponsors have an excellent opportunity to rethink their approach to investing, according to Shivin Kwatra, head of liability-driven investing portfolio management at Insight Investments. “It is important to highlight two approaches to investing: one [is] traditional — a mean variance framework of maximizing […]
The last decade of persistently low interest rates, exacerbated by the coronavirus crisis, has created challenges for institutional investors looking to generate income on their bond investments. The challenge has been more acute for pension funds and foundations, who rely on bond investments to fund their ongoing benefit and program obligations. Moreover, indications from global […]
During the global financial crisis, the Alaska Permanent Fund Corp. implemented a new governance report to bring together all elements of its investment portfolio and communicate risk to the board, says Max Giolitti, the fund’s former head of asset allocation and risk, and current chief risk officer at Verus Investments. The work began by educating […]