Asset managers have been increasing the amount they invest in defence-related companies in the past three years, says Morningstar – with even ESG funds reassessing their approaches.
With the scope of reforms to the pensions industry becoming apparent, John Flynn of the Association of Member-Nominated Trustees (AMNT) sets out some key priorities for his organisation and policymakers.
Research by Morningstar has shown that asset owners around the world are reviewing their exposures to the US economy due to currency risk, policy uncertainty, and trade tariffs.
Pension schemes and institutional investors should look beyond industry pledges when assessing whether their asset managers are genuinely committed to net zero.
The Pensions Regulator is seeking feedback by 1 September on current practices and challenges to inform the industry working group’s approach.
IFM Investors warns that opaque supply chains and weak enforcement are allowing modern slavery to persist in pension portfolios – and calls for coordinated action across the investment ecosystem.
Finance Innovation Lab chief executive Jesse Griffiths says the new Pensions Commission is a “significant step forward” – but, he argues, the lack of policy direction on long-term ESG issues is a major oversight.
One DB and one DC scheme announce £100m and £48m private markets mandates, respectively.
New scenario analysis has shown significant economic and investment impacts if the current trajectory of global warming continues, hitting inflation, growth, equities and bonds.
Two professional trustees have written an open letter warning the industry of dangers lurking in default strategies that do not adequately reflect the views of their members.
Local Pensions Partnership Investments hired Helena Threlfall last year to run the new strategy, which will invest across private equity, infrastructure, venture capital and natural capital.
The two pension schemes have contributed to an initial £100m capital raise for the Newcore Social Infrastructure Income Fund.
Scottish Widows has revamped its largest default fund to target a higher exposure to growth assets and embed sustainability targets.