A university based in the Mid-Atlantic region agreed to significantly reduce its investments with fossil fuel companies within its endowment last week.
Regnan, a responsible investment management business affiliated with J O Hambro Capital Management, has hired two fund managers to handle a sustainability global equity strategy.
BCI will target a cumulative $5 billion investment in sustainability bonds and reduce the carbon exposure in its global public equities portfolio by 30% by 2025, from a 2019 baseline.
Institutions should take a fresh look at financial and investment strategies to address challenges to their business models and maintain optimal asset allocations to meet a 7.5% historical return target, particularly in the face of a long-term era of muted returns, according to a recent study.