Weekly investors roundup: China's CIC sets carbon neutrality goals; Korea's GEPS finds new CIO
The China Investment Corporation released guidelines on reaching carbon neutrality at the portfolio level in the next five years and beyond;China will allow foreign institutional investors to trade bonds after record selloff; Westpac is transferring its superannuation funds to Mercer Super Trust; Korea's Government Employees Pension Service chooses alternative investment head at Samsung Life as new CIO.
TOP NEWS OF THE WEEK:
The China Investment Corporation (CIC) on May 23 released guidelines on reaching carbon neutrality at the portfolio level in the next five years and beyond, covering asset allocation and investment, risk management, research, operations, and internal cooperation.
On asset allocation, the sovereign wealth fund pledges to incorporate climate change factors into asset allocation from a strategic perspective, formulate differentiated sustainable investment ass…
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