Corruption risks and the lack of opportunities are not helping Asian investors overcome their doubts about the value of ESG metrics
The state pension fund is strengthening internal controls, but experts say more action is needed, such as raising pay for investment staff to make them less susceptible to graft.
Yao Gang, the former IPO chief at China's securities regulator, becomes the next casualty of the government's anti-graft drive. The CSRC has responded by saying it will improve internal scrutiny.
Weary of recent corruption charges, the civil servantsÆ pension fund is capping the maximum number of accounts that managers can get from the fund.