The British Columbia Investment Management Corp. is touting its 2019 environmental, social and governance successes in its annual ESG report. Some highlights from the year include that it finalized the introduction of a new corporate-wide ESG strategy including priorities and procedures for ESG reviews across all asset classes. As part of the strategy, the BCI’s […]
The British Columbia Investment Management Corp. is touting its 2019 environmental, social and governance successes in its annual ESG report. Some highlights from the year include that it finalized the introduction of a new corporate-wide ESG strategy including priorities and procedures for ESG reviews across all asset classes. As part of the strategy, the BCI’s […]
A group of more than 80 global investment managers with a combined $10 trillion in assets under management is calling on Alphabet Inc. to implement board-level oversight for human rights risks. The Investor Alliance for Human Rights, which includes co-filers Hermes Investment Management, Loring, Wolcott and Coolidge, Robeco and Canadian responsible investing firm NEI Investments, […]
The Caisse de dépôt et placement du Québec and the Canada Pension Plan Investment Board are investing in WSP Global Inc., an engineering and design services firm, through a private placement of common shares. The Caisse is set to buy about $44 million of common shares in aggregate, while a subsidiary of the CPPIB is purchasing about […]
As investors begin to digest the extended ramifications of the coronavirus pandemic, certain investment lessons are emerging. For one, investing globally provided diversification opportunities as different regions were impacted by the spread of the virus in different ways, according to a new paper from MSCI Inc. “The coronavirus pandemic started in Asia and gradually spread […]
Mercer is appointing Monika Freyman as Canadian head of responsible investment and David Fanger in the same role for the U.S. In the roles, Freyman and Fanger will lead the delivery of sustainable investment advisory and solutions services to institutional investors. “David and Monika each bring decades of institutional knowledge and passion for social and environmental […]
Sustainable indexes largely outperformed during the first quarter of 2020 amid market turmoil caused by the coronavirus pandemic, according to BlackRock Inc.’s latest sustainability report. “While this short time period is not determinative, it aligns with the resilience we have seen in sustainable strategies during prior downturns,” said the report. The big question for institutional […]
The vast majority (96 per cent) of institutional investors feel they have an important role to play in addressing the world’s most pressing challenges, including climate change, social and economic inequality and the need for infrastructure development, according to a new survey by Natixis Investment Managers. About half (48 per cent) of survey respondents said institutional […]
Even before the coronavirus began affecting capital markets, fixed income investors were becoming more risk averse, according to Invesco’s latest survey. Close to half (43 per cent) of investors surveyed in late 2019 said they felt the then economic cycle had a year or less left to run and were adapting their portfolios accordingly. In some cases, this change […]
Public companies are deferring long-term capital expenditure, pausing share repurchase programs and cutting dividends to deal with the economic fallout of the coronavirus crisis. But companies in the health-care and information technology sectors are proving to be more resilient, said Nick Getaz, vice-president and portfolio manager in Franklin Templeton’s equity group, in a webinar on Thursday. “At this point, […]