Kentucky County Employees Retirement System says it will not divest from any of the 11 financial institutions that the treasurer's office has said is boycotting energy companies.
The final figure is yet to be rubberstamped but a 5% allocation would represent £1.2bn and the pension needs to deploy at least 2% of AUM into natural capital ‘to make it worthwhile’.
NZAOA has released a new target-setting protocol for private equity and real assets investments – which includes requirements for fund choice and direct private equity.
The scale of the task means it is no surprise that investors are uncertain about meeting their targets, writes Aviva Investors' Ed Dixon. That shouldn't stop them taking immediate action.
Mizuho Financial Group – whose subsidiary Mizuho Bank is a repeat impact fund investor – has entered a ‘strategic partnership’ with Decarbonization Partners.