Pensions

Pension funds should allocate towards infrastructure and growth assets as government bonds now provide “return-free risk”, says Baroness Altmann

Pension funds should allocate towards infrastructure and growth assets as government bonds now provide “return-free risk”, says Baroness Altmann

Pension assets could support the UK economy in the fight against coronavirus, if they were invested in infrastructure such as social housing and environmental protection, according to Baroness Altmann, who spoke at a pensions conference this month.

ESG & responsible investing

BlackRock, State Street, and Vanguard block action on deforestation in shareholder votes, finds Friends of the Earth

BlackRock, State Street, and Vanguard block action on deforestation in shareholder votes, finds Friends of the Earth

The world’s three largest asset managers, BlackRock, Vanguard, and State Street, have either voted against or abstained from voting on all efforts to halt deforestation by shareholders of consumer brands and agribusiness companies since 2012, a new report from environmental advocacy group Friends of the Earth finds.

Bonds

Multi asset credit strategies find favour with investors as the “least worst option”, finds CAMRADATA whitepaper

Multi asset credit strategies find favour with investors as the “least worst option”, finds CAMRADATA whitepaper

Credit has become “the least worst option” for the years ahead across the spectrum of return-seeking assets, according to a new whitepaper from CAMRADATA, which notes that UK pension funds are continuing to shift from equities to bonds.