Global investment manager launches sustainable emerging market debt fund focused on companies that positively contribute to the United Nations’ 17 sustainable development goals.
A fund in the South approved a new strategic asset allocation for its liquid account following a recommendation from its general investment consultant last month that essentially creates a 60% equity 40% fixed-income portfolio.
A university based in the Midwest will periodically review all managers for ESG-related criteria within its investment portfolio as part of a new investment policy adopted at its board meeting last week.
A college based in the Mid-Atlantic region is shedding its private exposures to fossil fuel holdings within its endowment over the next 12 to 24 months.
A college in the Northeast will consider investments that support the transition to a green economy as part of its adoption of a new investment policy at its October board meeting.
Asset managers are taking a more active role on ESG issues with companies in their portfolios to influence potential outcomes such as greater transparency, improved behaviors and reduced uncertainty and risk, according to a recent survey.
The Investment Consultants Sustainability Working Group has published a list of 12 key ESG-related metrics for all public equity and public credit managers to report on