Sustainable Views’ Post

#ESG flees for a final bloodletting to #Europe. https://lnkd.in/eZ9Q_Cet #Pensionfunds #BlackRock #Governance #RichardFeynman #LarryFink #PensionsInvestments #Government #Finance #Excellence #EuropeanUnion #Renewal #Entropy #AssetManagement #AlbertEinstein #Investing

“Without an evidence-based, middle-ground, politically neutral filter and lens through which to evaluate ESG investment practices and set appropriate policies, the public pension industry is doomed to endless finger-pointing, bickering, nasty polarization and wasteful litigation,” Girard Miller writes in Governing. https://lnkd.in/e4S3XQBp #apsr #pensionsnotpolitics #retiresecurely

Australia’s federal court has imposed an A$11.3 million ($7.4 million) fine on Mercer Superannuation for false claims about the environmental, social, and governance (ESG) aspects of its pension fund investments, the Australian Securities and Investments Commission (ASIC) announced. Read more: https://lnkd.in/g4Cvk7JE Sarah Court #ESGInvestment #ESGClaims #Australia #SustainabilityNews

Our recent report, 'Raised in London 2024', surveyed over 150 FTSE leaders, including Chairs, CEOs and CFOs, to uncover their sentiment on the outlook for the UK capital markets. We found that, while UK listed corporates remain optimistic, they would like the new government to focus on a number of key areas to secure London’s future, such as streamlining corporate governance and encouraging domestic pension fund investment. See the highlights of our research in 50 seconds below, or read the full report here: https://dbnumis.co/4d7WGLO #RaisedInLondon #IPOs #RaisingCapital #FTSELeaders #CorporateGovernance

“In the case of ESG policies, we'll all be better off if pension trustees can put their personal politics and beliefs aside to stay focused on realistic, factually grounded investment strategies that are more than just popular presumptions and wishfully idealistic thinking,” Girard Miller writes in Governing. https://lnkd.in/e4S3XQBp #apsr #pensionsnotpolitics #retiresecurely

Today it was a pleasure to moderate a panel about alternatives and private market investments at the 6th Annual Benelux Institutional Forum by Markets Group. Thanks to my panel members Pierre Saeli, Erik Leseman, CFA and Wouter van der Stee, CFA and our host Sherell Ghauharali and her team. After the implementation of the new Dutch pension contract alternatives are expected to shine. #privatemarkets #realestate #infrastructure #investments Mercer - Investments

🗳️ Reflections on the upcoming UK General Election and the Future of Asset Management 🗳️ As the UK prepares to head to the polls tomorrow, the upcoming general election presents a pivotal moment for our country's economic and investment landscape. Recently, I had the opportunity to contribute my thoughts on this topic in an article by Investment Week, titled "What the asset management industry wants to see from the UK general election winners." https://lnkd.in/eGmQh8SD In the article, I highlighted several key areas that I believe the incoming government should prioritise to foster a more robust financial future for all: Comprehensive Financial Education: Starting awareness and education in schools and extending this into young adulthood is crucial. This will empower individuals to make informed financial decisions throughout their lives. Addressing the Pension Provision Funding Gap: We need to shift more responsibility to individuals and corporations, potentially through compulsory contribution systems similar to the 401(k) in the US or Australia's superannuation model. This approach can help ensure long-term financial security. Reframing Pensions for Younger Generations: It's essential to reframe pensions as part of holistic life provision planning, rather than something only relevant to older generations. By modernising our approach, we can engage younger people in planning for their financial futures. These steps are vital for revitalising the UK's economic and investment spaces, ensuring a secure and prosperous future for all. I'd love to hear your thoughts on these priorities. How do you think we can best address these issues and drive positive change in our industry? Thank you to Investment Week for facilitating this important discussion. #UKGeneralElection #FinancialEducation #PensionReform #ThoughtLeadership #EconomicGrowth #FinancialSecurity #AssetManagement

Hosking Partners’ Roman Cassini enjoyed yesterday’s UKSIF #GoodMoneyWeekConference. There were lots of interesting discussions on delivering impact, the evolving regulatory landscape and particularly the Financial Conduct Authority's #SDR labels, as well as updates on how UK pension funds are thinking about sustainable investment. We came away pleased that the debate continues to move away from oversimplification and towards an appreciation of the complexities that face the industry. We think that it is only by embracing this complexity that we can start to solve for the right issues in #ESG and #longterm investment. We continue to think that there needs to be more discussion regarding how different asset classes have varying degrees of agency to affect impact, and a greater regulatory focus on driving capital flows accordingly. Thanks to James Alexander and the rest of the UKSIF team or organising the event. To read more about our thoughts on this topic see here: https://lnkd.in/eR3q7xez For more insights from Hosking Partners see here: https://lnkd.in/exHxqfud

How to Incorporate Environmental, Social, and Governance Factors in Investment Selection (Pension Funds) Learn how pension fund trustees can effectively integrate environmental, social, and governance factors into their investment mandates and selection process, while fulfilling their fiduciary responsibilities. Explore the fascinating dynamics and differing perspectives surrounding fiduciary obligations. Stay tuned for more in-depth discussions on this intriguing topic. #PensionFundInvestment #ESGIntegration #FiduciaryResponsibilities #SustainableDevelopmentPrinciples #FinancialMarketResearch #IndustryExpertise #InvestmentSelection #GovernanceResearch #SocialResponsibility #ESGReporting

"What started as a nuanced point of fund of funds fee disclosure has led to a political frenzy, whereby the continued disclosure of ongoing costs of investment trusts is seen as anti-British, anti-stock market and anti-growth. This is crazy. To say it’s ‘misleading’ to disclose these underlying costs is itself, well, misleading." — Henry Cobbe, CFA on why rowing back on cost disclosure would be a backwards step for transparency Hat tip Andrew Latto, CFA Citywire New Model Adviser #Investing #InvestmentTrusts #Transparency https://lnkd.in/eprm4Sx9