As Asian family groups assess the damage done to their business ecosystems, there is a change occurring around what they invest in and how they do so.
The incoming president of the world’s largest pension fund will need to oversee a freer hand in foreign asset allocation and appoint a new CIO, with Hiromichi Mizuno leaving.
The Korean state pension fund is pursuing a seemingly muddled strategy, investing in fossil fuel projects even as it says it will implement environmental, social and governance efforts.
Water scarcity is emerging as a major climate challenge for institutional investors. While most attention is on the coronavirus impact, this stands to be a big longer-term concern.
The hedge fund industry has been relatively slow to embrace environmental, social and governance (ESG). But this looks likely to change as asset owners increasingly demand it.
Asset owners are being encouraged to use their investing influence to bring about the changes necessary to reduce the number of children and adults in modern slavery.