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ESG Newsletter

    Are Asset Managers Using Their Proxy Votes for Climate Action?

    2019-11-04

    ShareAction: Climate change is one of the highest priorities facing investors. In this report, we’ve examined how 57 of the world’s largest asset managers voted on 65 shareholder resolutions linked to climate change. While there is encouraging improvement when it comes to voting for climate change resolutions, many still shy away from holding companies account. Investors voting power is the most powerful tool they have, it is vital that all investors use it.

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    Investment Process: A Recipe for Confusion

    2019-11-01

    IPE: Institutional investors and asset managers are moving away from the shareholder value maximisation philosophy as famously espoused by Nobel economics laureate Milton Friedman in 1970. Instead, they are moving towards the recognition that corporations have duties and responsibilities towards all stakeholders affected by their businesses.

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    Machine Learning Expanding ESG Opportunities for Hedge Funds

    2019-11-01

    The Asset: Environmental, social, and governance (ESG) investing is one of the most exciting emerging interfaces between hedge funds and machine learning. Hedge funds are finding new ways to use machine learning and ultimately artificial intelligence (AI) in the investment process to further capitalize on the ever-growing quantities of data.

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    Investors Unite Against Modern Slavery

    2019-10-31

    Top 1000 Funds: In September 2015, the United Nations General Assembly adopted 17 Sustainable Development Goals with underlying targets to be met by 2030. Target 8.7 commits governments to taking immediate and effective measures to eradicate forced labour, modern slavery and human trafficking and prohibit and eliminate all forms of child labour. I was in New York for the most recent United Nations General Assembly and it was clear that accelerated action is urgently needed to meet our shared commitments.

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    Sustainable Investment ‘Non-Believers’ Dwindle But Concerns Remain

    2019-10-29

    IPE: The proportion of institutional investors who do not believe in sustainable investment has fallen by almost half since 2017, but performance concerns are still a challenge.

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    World Bank Launches Sovereign ESG Data Portal

    2019-10-29

    The World Bank: The World Bank launched the Sovereign ESG Data Portal: a free, open and easy to use online platform that provides users with sovereign-level environmental, social and governance (ESG) data. The portal is designed to help investors better align ESG analysis with key sustainable development policy indicators and analysis, as well as to increase data transparency and support private sector investments in emerging markets and developing countries.

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    ESG Bucks Declining Growth Among Asset Managers

    2019-10-28

    Institutional Asset Manager: Assets managed in Environmental, Social, and Governance (ESG) mandates by the 500 largest asset managers in the world rose by 23.3 per cent in 2018, in contrast to their overall assets under management (AUM), which were down 3 per cent from the previous year.

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    Decarbonisation Linked to Better Returns

    2019-10-28

    Top 1000 Funds: As concerns about climate change reach fever pitch, Harvard Business School has published a report that shows investment strategies that “aggressively” reduce carbon emissions can significantly boost fund performance.

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    The Finance Jobs I Didn’t Get

    2019-10-25

    Institutional Investor: "Oh no,” the recruiter exclaimed over the phone during my job interview. Up until that moment, the conversation had progressed extremely well. I was about to be connected to the hiring manager at a financial data and technology firm. The tone changed in an instant, as if I’d mentioned interning for Bernie Madoff or demanded access to the corporate jet. But I’d said something worse: I have a disability.

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    VCs Are ‘Missing a Trillion-Dollar Opportunity'

    2019-10-23

    Institutional Investor: Most venture capitalists say they want to invest in more women- and minority-owned businesses — but when they are presented with the opportunity, they often dismiss it as “not the right fit”.

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