EUR 700 billion asset manager adds UN goals to ESG screening
Asset manager DWS has started taking the UN’s Sustainable Development Goals (SDGs) into account as part of its ESG screening. It now includes companies' revenue streams from products and services that help to achieve the goals in its ESG Engine software. But a firm’s contribution to the goals can’t stand alone when making an investment decision, DWS’ CIO tells AMWatch.
Farmland has performed well in an otherwise horrendous year for risky assets. Institutional investors generally search for uncorrelated return streams, potential green benefits and inflation hedges, and while the asset class ticks these boxes, it also comes with significant risks.
PFA’s real estate department is changing its strategy in expectation of more interest rate increases and recession, says the head of Nordic real estate, while three projects are being paused as ”it didn’t make sense to keep going.”
New opportunities to allocate more to riskier assets mean changes are being made at ATP. A restructuring of the central IT system has been the toughest nut to crack in the restructuring, which has been described as the most comprehensive change in the pension giant’s 60-year history.