governance issues – Benefits Canada.com

Expert panel: What are some CEO red flags for institutional investors to consider?

bmcgovern — Tue, 29 Oct 2024 15:00:11 +0000

According to an old adage, the fish rots from the head down. With the chief executive officer being the head of a corporation, are there any red flags to make institutional investors anticipate the rot when considering investee companies? Notable American businessman Charlie Munger was once asked what advice he would give to young investment […]

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Ontario seeking feedback on framework for target-benefit pension plans

Gideon Scanlon — Thu, 17 Nov 2022 18:00:53 +0000

In its fall economic statement, the Ontario government said it will ask stakeholders to provide feedback this winter on a draft framework for target-benefit pension plans. “Implementation of a permanent target-benefit framework would pave the way for more employers to offer workplace pension plans, increasing the opportunities for workers to save for their retirement,” said the […]

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New ideas, access to top asset managers top reasons institutional investors hire OCIO: survey

Gideon Scanlon — Tue, 04 Oct 2022 16:30:19 +0000

About two-thirds (64 per cent) of global institutional investors say new ideas and access to top asset managers are the key benefits of hiring an outsourced chief investment officer, according to a new survey by London-based CoreData Research. The survey, which polled nearly 300 institutional investors in Asia, Australasia, Europe and North America, also found […]

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Florida introducing resolution barring ESG integration by state pension fund managers

Gideon Scanlon — Thu, 25 Aug 2022 17:00:38 +0000

A resolution passed by the trustees of the Florida State Board of Administration with the approval of Governor Ron DeSantis is barring state pension fund managers from making fiduciary decisions based on environmental, social and governance criteria. “As used in this section, ‘pecuniary factor’ means a factor that the board prudently determines is expected to […]

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UN PRI encouraging signatories to focus on real-world outcomes

mschmit — Thu, 25 Jun 2020 04:10:53 +0000

The Principles for Responsible Investment has released a framework for investors to help focus on aligning their activities with the UN’s sustainable development goals. “Issues such as human rights abuses, climate change and inequitable social structures seriously threaten the longterm performance of economies, investors’ portfolios and the world in which beneficiaries live,” the report said. […]

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Asset managers reluctant to ink commitment to ESG into official product documents

mschmit — Tue, 19 Nov 2019 06:07:43 +0000

While many investors say they apply environmental, social, and governance considerations in their investment processes, few actually include them in formalized product documents. According to a report from Cerulli, most signatories of the Principles for Responsible Investment demonstrate ESG capabilities in public materials, like their websites. However, just 4.5 per cent of assets controlled by […]

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