UK’s largest pension fund to abandon coal, tobacco and weapons
The Universities Superannuation Scheme, which manages £68bn in retirement savings for 400,000 academics, announced its first-ever “exclusions” in a statement on 1 June
The Universities Superannuation Scheme, which manages £68bn in retirement savings for 400,000 academics, announced its first-ever “exclusions” in a statement on 1 June
The combined business, which has Permira as the main shareholder, is expected to manage £44bn in assets and generate around £530m of revenue
The deal with the US-based firm Alinda Capital is said to be valued at £200m
Government-backed loans are only partially helping companies address worsening liquidity issues
Opalesque Industry Update - As the global COVID-19 pandemic picked up speed in Q1 and countries around the world went into various versions of lockdown, fixed-income and active equity strategies were among the hardest hit
The US-based firm invested in the consumer healthcare company, betting on growing consumer appetite for health supplements ordered online
The variety of government responses and the specific characteristics of local markets have meant the virus’ impact in key countries has differed
The organisation is aiming to standardise the measurement and reporting of environmental, social and governance criteria.
