More than 60% of climate reports produced so far by trustee boards have some form of net zero emissions target, according to the regulator.
LifeSight to back private equity LTAF launch
WTW is to launch a private equity-focused long-term assets fund with an initial investment from its LifeSight master trust.
Strathclyde to switch £4bn into low-carbon indices
The Scottish local government scheme also plans to invest heavily into gilts following a detailed review of its investment strategy.
Industry ‘must do better on sharia investing’, experts say
Many UK pension funds and providers have only a limited understanding of sharia investing and Islamic finance, according to Pensions for Purpose.
DB schemes expect strong fixed income returns
Pension schemes expected fixed income asset classes to top the charts over the next 12 months for investment returns, according to research.
Aviva converts climate strategy to LTAF
The strategy is the second long-term asset fund Aviva Investors has launched in less than a year.
HSBC adds private markets to DC scheme [updated]
HSBC’s £7bn DC scheme has partnered with Fulcrum Asset Management to back a new long-term asset fund investing in private markets.
TfL Pension Fund acquires wind farm
The onshore windfarm near Cambridge was sold by DIF Capital Partners and forms part of TfL’s active allocation to renewable energy assets.
Act on social factors now, regulator urges
The Taskforce on Social Factors has set out a series of recommendations and considerations for pension scheme trustees on understanding risks and opportunities related to social factors.
LPFA ahead of emissions reduction target
The £7.7bn London Pensions Fund Authority has succeeded in reducing emissions from listed equity investments by 75% compared to 2019.