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Yale approves environmentally conscious investment guidance
trueYale University's Corporation Committee on Investor Responsibility on Thursday approved new environmentally conscious guidance for the campus-based Advisory Committee on Investor Responsibility when investing on behalf of the New Haven, Conn.-based university's $20.8 billion endowment.
Invest in your values: Making an impact through U.S. fixed income
trueThe field of impact investing is rich with creativity and enthusiasm. However, it can also strike institutional investors as too abstract and cumbersome to implement in a portfolio.
Strathclyde Pension Fund seeks responsible-investment watchdog
trueStrathclyde Pension Fund is looking for a provider of a responsible investment overlay service.
Joint venture to make environmentally friendly investments in Asia
trueRobeco Institutional Asset Management will manage assets of a newly created private equity joint venture that will make investments in environmentally supportive, low-carbon projects throughout Asia.
Alliant shareholders reject firearms safety proposal filed by 2 pension funds
trueAlliant Technologies Inc. shareholders Wednesday rejected by a 92.3% vote a shareholder proposal on firearms safety filed jointly by the New York State Common Retirement Fund and the Connecticut Retirement Plans & Trust Funds, a company SEC filing shows.
Morningstar exec urges fossil fuel write-down
truenvestors should write down the value of fossil fuel assets because of the environmental risks associated with hydrocarbon energy, even though there is no current viable replacement, Jason Stevens, director, energy equity and credit research at Morningstar, said at a CFA Institute financial analysts ...
truePolicies vary when it comes to ESG, but some institutions are leading the way.
ESG factors gaining global exposure
trueInstitutional investors across the globe are becoming more aware of the environmental, social and governance effects both of, and on, their investment choices.
Croydon Pension Fund divests tobacco stocks
trueLondon Borough of Croydon Pension Fund, Croydon, England, is divesting its stock in tobacco companies following a decision to move to an ethical investment fund.
Investors' paths diverge on fossil fuels
truePublic pension funds are lagging behind endowments and foundations in divesting investments in fossil-fuel companies choosing instead to engage energy companies through discussions and shareholder resolutions.
Carlson finds creating SRI version relatively painless
trueVeteran hedge fund manager Clint Carlson is no softie. But he does have an affinity for socially responsible investing — as long as it makes money.
MSCI buying GMI Ratings to integrate ESG and accounting research
trueMSCI Inc. will acquire GMI Ratings for $15 million in cash under a definitive agreement between the two companies, they announced Friday.
Northern Trust Asset Management appoints global head of ESG investing
trueMamadou-Abou Sarr was named global head of ESG investing at Northern Trust Asset Management.
ERAFP wants SRI equity, bond managers
trueERAFP is searching for eight money managers to run a total of at least €2.9 billion ($3.85 billion).
University of Dayton to divest from fossil-fuel companies
trueThe University of Dayton board of trustees approved a new divestment policy that will start with the divestment of coal and other fossil-fuel companies from the institution's $670 million investment pool