Latest News from IPE – Page 26
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NewsShell pension funds pick GSAM as new fiduciary manager
The decision means that Shell Asset Management Company (SAMCo) will be wound down in due course
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NewsInvestors urge EU legislators not to take an axe to sustainability laws
CSRD and CS3D are ‘essential’, claim 80 financial institutions
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NewsSupervisors flag ‘inadequate’ sustainability staffing at some asset managers
Managers have between 0.5 and 16 employees charged with integrating sustainability risks, but some aren’t qualified, claims research
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NewsNBIM, UNICEF launch disclosure code for companies around child rights online
Failure to respect children’s rights can have harm businesses and lead to lawsuit risk, says Norwegian SWF manager
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NewsTrustees urged to respond to consultation on financial advice overhaul
Pension fund trustees are among the stakeholders the FCA is seeking input from on ‘targeted support’ consultation
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NewsMolins UK Pension Fund completes £249m buy-in with Aviva
The transaction secures the benefits of over 3,500 members of the scheme sponsored by Mpac Group
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NewsRelief for pension funds as retaliatory tax code dropped from US budget bill
Section 899 pulled after G7 countries agreed to exempt US companies from parts of global minimum tax rate deal
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NewsFondo Espero appoints Schroders, Amundi for ‘Crescita’ sub-fund
The €1.5bn Italian pension fund for school employees has also selected Eurizon Capital for a tail risk hedge mandate
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NewsBVV restructures management as it targets new industries for DC plans
German pension fund appoints CIO and chair of three pension vehicles
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NewsKLP divests US, German firms for supplying IDF in Gaza
Denmark’s AkademikerPension relaxes responsible investment policy on defence
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NewsJesal Mistry to leave Legal & General Investment Management
Mistry has helped L&G navigate the Mansion House agenda driven by the UK government
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NewsLGPS fund commits £25m to nature-based infrastructure fund
West Yorkshire Pension Fund backs firm that aims to raise £10bn for nature-based infrastructure over the next decade.
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NewsCollaboration between UK government and investment industry is crucial to support growth
‘Our ambition is for the UK to become the world’s most innovative full-service financial centre—and we’re already making progress’, says investment minister
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NewsPension funds become embroiled in Italy’s banking M&A battles
Cassa Forense, Enasarco, Enpam and Inarcassa face questions over their stakes in Monte dei Paschi di Siena, Mediobanca, and Banco Popolare Milano (BPM)
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NewsStaples pension fund concludes buyout with Aegon
The Dutch company pension scheme, with €660m in assets under management, has been closed since 2015
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NewsNBIM calls for investor-driven clarity in sustainability disclosure reforms
In a response to the ISSB’s Exposure Draft on amendments to IFRS S2, NBIM cautioned against changes that could undermine coherence or comparability
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NewsFCA probes risk trade-offs in push for UK growth
FCA’s Kate Collyer stresses the importance of understanding the potential trade-offs when introducing more risk
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NewsUK launches consultations on ISSB, transition plans and sustainability assurance
Announcement comes as GRI unveils two new climate standards
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NewsBaker Hughes completes three buy-ins worth £900m with PIC
The transactions secure pensions of over 3,000 pensioners and dependents, and nearly 4,000 deferred members
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NewsLaborfonds adds managers, launches satellite equity portfolio
Manager selection process enabled pension fund to cut management costs by more than 10%
