NZ, Sweden state funds flag ESG challenges

Certain state investors and pension funds in Asia are grappling with the challenges of implementing environmental, social and governance policy in their portfolios. These include assessing fund houses' approach to ESG, managing emissions-related risks and addressing government concerns about the impact of ESG factors on returns. There are things they can learn from European funds, it emerged at the annual sovereign wealth funds conference held last week in Auckland. New Zealand …