Weekly investors roundup: Qantas Super eyes low-carbon equity portfolio; Korea's pension giants lower domestic stocks
Qantas Super allocates A$2 billion to fund managers to reduce carbon intensity across its equity portfolios; Korea's NPS, Teacher's Pension and GEPS to lower domestic stock targets; Dajia Insurance to sell off Anbang legacy hotel portfolio.
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Qantas Super has allocated A$2 billion to Calvert Research and Management and Goldman Sachs Asset Management to reduce carbon intensity across its equity portfolios as part of its efforts to meet its 2050 net-zero carbon emissions goal.
The A$8.5 billion pension fund will split the allocation equally between the two investment managers, which will invest the funds solely in sustainable listed equities on behalf of Qantas Super.
The super fund announced it…
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