More ESG news – Page 296
-
News
Carnegie faces losing its licence
[17:00 CEST 02-10] SWEDEN – The financial regulator Finansinspektionen (FI) has called on Stockholm-based Carnegie bank to replace its chief executive.
-
News
AXA wins €600m mandate from Cosun schemes
[14:30 CEST 28-09] NETHERLANDS - Three pension funds of food producer Royal Cosun have awarded AXA Investment Managers with a €600m fiduciary mandate.
-
News
One in four firms consider cross-border pension
[13:30 CEST 28-09] EUROPE - A quarter of large European company pension funds are thinking of introducing pan-European pension plans within the next 10 years, consultancy Towers Perrin has claimed.
-
News
Study admits statutory Swiss pensions governance needed
[16:30 CEST 27-09] SWITZERLAND – Self-regulatory pension fund governance may not be strong enough to protect pensions in Switzerland, suggests a pension fund study published by Swisscanto.
-
News
eShare to set up online trustee forum
[16:30 CEST 25-09] UK – eShare, a UK provider of web-based governance tools, is setting an online discussion forum for pension fund trustees.
-
News
Lothian fund to discuss arms divestment
[14:00 CEST 18-09] UK – The Lothian pension fund, the retirement scheme for the city of Edinburgh, will discuss possible divestments from arms companies following a motion put forward by one of its councillors.
-
News
Carbon emission equity index launched
[15:00 CEST 17-09] GLOBAL – ECPI has created a Carbon Winners Equity Index which tracks the performance of companies in the electricity, steel manufacturing and oil & gas industry.
-
News
EIRiS sees pension funds’ ESG interest grow
[15:00 CEST 14-09] EUROPE – UK think-tank Ethical Investment Research Services (EIRiS) is in talks with several UK local authority pension funds and Benelux schemes.
-
News
Avon and North Yorks file GSK class action
[13:15 CEST 14-09] UK – Avon and North Yorkshire county council pension funds are filing legal papers in the US to lead a class action suit against GlaxoSmithKline for allegedly misleading the stock market about the safety of one of its drugs.
-
News
TPR cautions on pension buyouts
[16:00 CEST 12-09] UK - The Pensions Regulator (TPR) has warned although pension buyouts are an acceptable way for companies to transfer pension liabilities, employers should not consider it a way to abandon their schemes.
-
News
Fortis hires CSR experts
[15:30 CEST 06-09] GLOBAL – Banking and insurance group Fortis has created a corporate social responsibility (CSR) advisory board made up of seven international experts.
-
News
Switzerland paves way for Publica’s DC switch
SWITZERLAND – The Swiss government has sanctioned the inclusion of 105 employers into Publica, the CHF33bn (€20bn) pension fund for federal employees - clearing the way for the scheme’s switch from defined benefit to defined contribution next year.
-
News
Scandal-hit PZU gets new CEO
[16:45 CEST 04-09] POLAND – Agata Rowinska has today been appointed by the Treasury as new chief executive to the Polish insurance giant PZU.
-
News
SNS agrees securities bank takeover
[16:00 CEST 31-08] NETHERLANDS – SNS Bank’s securities business has reached an agreement to buy specialist securities firm and institutional investment manager FBS Bankiers for an undisclosed amount.
-
News
Middle-aged men 'dominate' pension trustee boards
[16:00 CEST 28-08] UK – Pension trustee boards lack diversity, while trustees struggle coming to terms with the complexity of pension legislation, a new study has found.
-
News
Indictments handed down in Fribourg pensions scandal
[14:30 CEST 28-08] SWITZERLAND – A magistrate investigating the past financial woes of the city of Fribourg’s pension fund has indicted the city’s treasurer and three other treasury employees, accusing them of falsifying accounting documents.
-
News
Swiss SRI market doubles
[16:00 CEST 24/08] SWITZERLAND – Both institutional and retail investors are showing more interest in themed SRI funds than ever before, according to the Zürich-based research company onValues.
-
News
Hedge funds are good for governance - OECD
[13:30 CEST 20-08] GLOBAL – Activist hedge fund and private equity strategies can improve companies' corporate governance under certain circumstances, the Organisation for Economic Co-operation and Development (OECD) has found.
-
News
Germany to tighten corporate investor supervision
[17:00 CEST 17-08] GERMANY – The German government has approved a new regulatory regime for corporate investors such as hedge funds and private equity firms, to increase transparency and prevent ‘collaborative action’ among investors.
-
News
Misset scheme to join PGB
[11:00 CEST 17-08] NETHERLANDS - The pension fund of printing company C. Misset will join the €10bn industry-wide pension scheme for the printing industry PGB next year, it announced.
