The rise of ESG investment, accelerated by Covid, has fuelled strong interest – and more funds – in green power. But asset owners need to acquaint themselves better with the sector.
For the Canadian pension fund, Covid-19 has underlined the value of tie-ups with local and global institutions, and of its long-standing focus on renewable energy.
The academics’ retirement fund – known for ditching its Chinese state-linked assets – plans to double its 6% allocation to climate investments amid an illiquid asset buildout.
Abu Dhabi Investment Authority and Ontario Teachers’ Pension Plan have struck a $1.25 billion partnership with Asian infrastructure developer Equis that is seen as bold and smart.
The $20 billion South Korean life insurer wants to add more renewables in its real asset portfolio to raise its overall quality, while seeking to avoid deeply discounted assets.
Pension funds such as Hesta and CSC want to add infrastructure assets but Australia is fast becoming less fertile ground for such investments, especially those with an ESG element.