Pensions

“Trump Plan to Block Green 401(k)s Stirs Fund Industry Fury” – Bloomberg – August 31, 2020

On August 31, 2020 Bloomberg reported that the “world’s largest asset managers are speaking out against a Trump administration plan that would make it more difficult for them to incorporate environmental, social and governance factors when making investment decisions, a move that could limit green investing in 401(k) plans. Fidelity Investments wrote in an 11-page […]

“Denmark’s PFA says sustainable investment does not harm returns” – Investment & Pensions Europe – June 29, 2020

On June 29, 2020 Investment & Pensions Europe reported that “(t)he chief strategist of DKK688bn (€92bn) Danish pension fund PFA has set out a series of arguments to show that investing sustainably does not jeopardise returns, and said firms with top environmental, social, and governance (ESG) credentials outperformed in the worst of the COVID-19 crisis. […]