New York City is taking major steps toward divesting from fossil fuels by hiring investment advisors to review three of its pension plans and make recommendations about divestment. Combined, the three plans have more than $155 billion in assets under management, of which approximately $3 billion is invested in fossil fuel reserve owners’ securities. The […]
Concordia University’s Foundation is divesting from coal, oil and gas within five years and will become the first university foundation in Quebec to target 100 per cent sustainable investments by 2025. The foundation is also doubling its target of impact investments by 2025, from five to 10 per cent. This long-term pool of capital is […]
It’s too early in the rise of populism to determine whether it will turn out to be a secular or a cyclical trend, according to John Denham, chief investment officer at the Workplace Safety and Insurance Board. As a result, populism has yet to have a firm affect on overall investment strategies, he noted during a panel at Benefits Canada‘s and […]