Columns – Page 2

  • The carbon pricing model
    Features

    Long term matters: What kind of decarbonisation matters most?

    January 2021 (Magazine)

    This article was written on the fifth anniversary of the Paris Agreement. In 2015, the world committed to keep warming below 2°C, meaning decisive annual reductions in greenhouse gas (GHG) emissions. Instead we have had a 7% increase in GHG since 2015 and are on track for about 3°C warming with a high risk of irreversible tipping points.

  • Jesper Kirstein
    Features

    Guest viewpoint: Jesper Kirstein

    January 2021 (Magazine)

    In recent months, the asset management industry has been dominated by adjustments inspired by the COVID-19 pandemic. This article will try to look beyond this and address the question of where the asset management industry is moving in the medium to long term.

  • Dave Aleppo at WTW
    Opinion Pieces

    Viewpoint: How trustees can create practical carbon journey plans

    2020-12-18T12:26:00Z

    Dealing with climate change is a responsibility we all share – but trustees may be wondering how they get from their starting point to the required end-goal. This ‘carbon journey’ needs a plan.

  • Carlos Joly at Cambridge University
    Opinion Pieces

    Viewpoint: The Norwegian Government Pension Fund is plain wrong!

    2020-12-14T13:56:00Z

    The UN PRI is right to get real and dismiss those who sign up under false pretences – good riddance to hypocrisy

  • Liam Kennnedy
    Opinion Pieces

    Resilience: how investors can secure it

    December 2020 (Magazine)

    Back in March 2020 as the extent of the coronavirus in western Europe was becoming clear, Risto Murto, president and CEO of the €49bn Finnish pension insurer Varma, called for the creation of “healthcare buffers” to mitigate the effects of future pandemics.

  • Daniel
    Opinion Pieces

    Jobs crisis threatens pension provision

    December 2020 (Magazine)

    Hopefully one of the few benefits of the COVID-19 crisis will be to show that the impact of an ageing population is exaggerated. There are other key elements informing the ability of a society to provide decent pensions by whatever means.

  • Carlo Svaluto Moreolo
    Opinion Pieces

    Deleveraging is no free lunch

    December 2020 (Magazine)

    After temporarily shutting down the global economy, governments are pursuing a massive fiscal expansion in order to support struggling businesses and consumers.

  • Venilia
    Opinion Pieces

    Improvement required

    December 2020 (Magazine)

    Climate change will continue to be one of the most economically impactful events as it affects us all. It requires immediate and ambitious action to prevent the worst effects on people and biodiversity and it signals a message that nations need to build a more resilient and sustainable global financial system.

  • Raj Thamotheram
    Features

    Long term matters: A time to be hopeful and active?

    December 2020 (Magazine)

    Jaap van Dam, principal director of investment strategy at PGGM, is right: pension funds need to understand politics. We have two additions. First, the ‘outside-in’ focus – how politics affects portfolios – is a great starting point. But investors cannot stop there, they have considerable influence on politics whether for good or bad. 

  • Sir Ronald Cohen
    Features

    Guest viewpoint: Sir Ronald Cohen

    December 2020 (Magazine)

    We are on the threshold of another major shift in institutional portfolios. Impact transparency is changing the rules for both investors and businesses.

  • Tatjana Puhan at TOBAM
    Opinion Pieces

    There is such thing as a (fossil) free lunch

    2020-11-27T16:42:00Z

    A major historical fear has been that very strict exclusion or integration policies can lead to significant changes in the risk-return profile of portfolios

  • Nikesh Patel and Arif Saad at Kempen
    Opinion Pieces

    Viewpoint: The tipping point for UK pension schemes

    2020-11-20T12:28:00Z

    Schemes need to consider how to get to a secure level of funding, but also, the assets they will need to hold when they reach peak cashflows in order to remain fully funded

  • Francesco Briganti at CBBA-Europe
    Opinion Pieces

    Viewpoint: Why Europe needs a real pan-European occupational vehicle

    2020-11-17T09:41:00Z

    The revision to the Directive, known as IORP II, did not really facilitate cross-border activities. On the contrary, it seems that some EU member states have taken the implementation of the Directive as an opportunity to further complicate cross-border activities.

  • Mayer Brown trio
    Opinion Pieces

    Viewpoint: Mastering human rights risks – Why asset managers should act now

    2020-11-13T16:47:00Z

    Sustainable investing has been a hot topic among investors for some time, with a particular focus on environmental, social and governance (ESG) factors. Throughout the COVID-19 pandemic, ESG stocks and assets have outperformed the market. While the ’S’ has often been overlooked, recent trends are fuelling attention on the cornerstone ...

  • Liam Kennnedy
    Opinion Pieces

    The looming trust deficit

    November 2020 (Magazine)

    Once again, European pension systems – notably those of the Netherlands and Denmark – have scored most highly in this year’s Mercer CFA Pension Index. These successes are no accident, and among the key ingredients is years of pragmatic and consensual policy making. 

  • Daniel Ben-Ami
    Opinion Pieces

    COVID is not everything

    November 2020 (Magazine)

    For understandable reasons it has become commonplace to talk about the immense damage done by COVID-19. This probably makes sense as a kind of shorthand. However, careful reflection on the painful experience of recent months should show it is a one-sided way of understanding the pandemic’s devastating impact.

  • Carlo Svaluto Moreolo
    Opinion Pieces

    Talking to strangers

    November 2020 (Magazine)

    In his recent book, Malcolm Gladwell discusses how people’s natural lack of ability to detect lies can lead to unpleasant consequences. 

  • venilia amorim
    Opinion Pieces

    Can superfunds be the silver bullet for DB woes?

    November 2020 (Magazine)

    Consolidation as a means of achieving better outcomes for pension schemes is a growing trend. This was highlighted in the UK’s Department for Work and Pensions’ (DWP) 2018 White Paper on protecting defined benefit (DB) pension schemes.

  • Adam Jones
    Features

    Guest Viewpoint: Five reasons to invest in pensions technology

    November 2020 (Magazine)

    The world has changed exponentially in 2020, leading many multinationals to ask valid questions about how they can enhance their global operations. 

  • Sam Lusty - Byhiras
    Opinion Pieces

    Viewpoint: Templates are only a staging post on the cost transparency journey

    2020-10-30T09:39:00Z

    Cost templates are an important step, but there is much more distance for investors to travel