Insto roundup: NPS to actively manage FX risk; Adia culls Japan equity team
HKMA partners IFC to help banks combat climate change; GPIF earns 3.05% in third quarter; AIA's dirty secret; Korea's NPS to better manage FX exposures; Net-Zero Asset Owner Alliance calls for end to coal investing; Alliance Temasek Foundation invests in Covid-19 vaccine efforts; PSPF investment income falls 87.56% and more.
GLOBAL
The UN-convened Net-Zero Asset Owner Alliance has called for the cancellation of all new thermal coal projects, a phase-out of all unabated coal-fired electricity generation and a cessation of the development of further thermal coal power plants.
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