February 2021

Global Pension Transparency Benchmark

By top1000funds.com and CME The Global Pension Transparency Benchmark is a world first global standard for pension disclosure, bringing a focus to transparency in a bid to improve pension outcomes for members. The GPTB ranks 15 countries on public disclosures of key value generation elements for the five largest pension fund organisations within each country. The GPTB focuses on the transparency and quality of public disclosures with quality relating to the completeness, clarity, information value and comparability of disclosures. The overall country...

The Global Pension Transparency Benchmark launches in a bid to improve pension outcomes for members

The Global Pension Transparency Benchmark has revealed the opportunity for improvement in pension fund disclosure transparency around the globe. Read also Ten degrees of sustainability The Global Pension Transparency Benchmark is a world first global benchmark measuring transparency of pension disclosure, bringing a focus to transparency in a bid to improve pension outcomes for members. Read also ESG-Conscious Money Managers Are Pension Funds’ Top Consideration The GPTB ranks 15 countries on public disclosures of key value generation elements for the five largest pension...

Ten degrees of sustainability

By Tanya Broadfield In November, when COP26 takes place in Glasgow, the eyes of the world will be looking at what progress the UK has made towards delivering sustainability targets to support net zero and the tackling of climate change. Savills has identified 10 drivers of change we can expect to hear more about this year. 1. TCFD and climate transparency A raft of sustainability disclosure requirements is coming and The Taskforce on Climate-related Financial Disclosures (TCFD) is leading the way. Since January,...

Un impulso a la cooperación. Alternativas de políticas para América Latina y Corea

Por Paolo Giordano E l presente informe Un impulso a la cooperación: Alternativas de políticas para América Latina y Corea ha sido elaborado para la Cumbre Empresarial Corea-ALC, celebrada en Seúl, República de Corea, los días 7 y 8 de octubre de 2019, auspiciada por el Ministerio de Economía y Finanzas de Corea y el Banco Interamericano de Desarrollo y organizada en conjunto con el Banco de Exportaciones e Importaciones de Corea y la Agencia de Promoción del Comercio y...

ESG-Conscious Money Managers Are Pension Funds’ Top Consideration

Pension funds and insurers are now looking for more socially responsible money managers. According to a recent global poll conducted by Bfinance, over 60% of pension funds and insurers said they were unlikely to hire an equity manager who is not a signatory of the Principles for Responsible Investment, the world’s biggest industry body for sustainable investing, Bloomberg reports. The survey also showed that about a third of respondents wouldn’t appoint a hedge fund manager that lacked gender or ethnic diversity...

How your retirement investments can help protect the environment

As a climate-conscious consumer, you might already be cutting down on your water use, buying from eco-friendly companies for your everyday needs, and making the switch away from single-use plastic. But have you thought about how your money is impacting the environment when it's not in use? Take your retirement account. If you're lucky enough to have retirement investment options, you most likely consider it a "set it and forget it" kind of decision. But there's good reason to go...

Major UK pensions bill becomes law

The UK’s Pension Schemes Bill became law today upon receiving Royal Assent, with the government describing the event as confirming “the biggest shake-up of UK pensions for decades”. Introduced in the House of Lords in January 2020, the bill completed its passage through parliament last month after the government gave reassurances in relation to proposed funding rules. Read also UK roundup: £1trn of DB pension risk to be insured by 2031, says Hymans Guy Opperman, minister for pensions, said the Royal Asset...

Chile. AFP apuestan por inversiones verdes y activos alternativos en la búsqueda de mejores retornos

La crisis económica generada por la pandemia no sólo ha afectado la capacidad de ahorrar para la pensión, -producto de la pérdida de empleos-, sino que también ha traído incertidumbre en los mercados financieros, factor que ha reconfigurado el escenario de inversión para los fondos de pensiones. Bajo este contexto, cinco Administradoras de Fondos de Pensiones (AFP) entregan su visión respecto a los desafíos y apuestas que identifican para este año. Desde AFP Capital, el gerente de inversiones, Francisco Guzmán, detalla que ve dos tendencias. Una...

China. Green finance gets newfound incentivization

China will make it easier for international investors to access the country's green finance market by promoting the harmonization of domestic and global green standards as part of its efforts to achieve net-zero emissions by 2060, central bank officials said on Tuesday. Read also Asia needs pension reforms for sustainable growth The green finance industry in China needs to learn from the asset management experiences of foreign investors, such as multinational pension funds and insurance companies. Large capital injections are also...

Debt for Climate: Green Bonds and Other Instruments

By Paul Rose This chapter, prepared for the Edward Elgar Research Handbook on Climate Finance and Investment Law (2020, Michael Mehling and Harro van Asselt (eds.)), examines the rise of green bonds, climate bonds, and other green financial instruments. Although climate finance has enjoyed positive momentum in recent years, this momentum is at risk—with the possibility of reversal—if climate markets fail to provide competitive risk-adjusted returns. For climate finance to compete effectively, governments, issuers, and investors must resolve a...