Archive

Why Nest is sticking with BlackRock

Although PFZW has dropped BlackRock, Nest Pensions has chosen to stick with its asset managers after engaging with them. Diandra Soobiah speaks with Jennifer Forrest

Nest pushing asset managers on data quality (ESG Data conference)

UK pension scheme Nest is pushing its fund managers including BlackRock and UBS to improve their use of ESG data, including to better integrate sustainability aspects in financial performance information, a senior executive told an Environmental Finance conference.

Nest to build reporting framework for asset managers

The UK's Nest Pensions has started to build a framework against which it will ask its asset managers to report, in a bid to streamline and harmonise the ESG data it receives.

Revised Stewardship Code could increase reporting burden rather than reduce it, NEST says

The simplified UK Stewardship Code could increase the reporting burden on signatories - contrary to the intended outcome of the overhaul, according to one of the country's largest pension funds.

Ex-NZAM members 'will face higher bar to prove engagement outcomes'

Asset managers will have to work harder to prove to asset owners their commitment to substantive engagement on issues including climate, following their departures from net zero initiatives, according to a UK pension fund.

UK Stewardship Code too open-ended to be useful, pension fund says

Changes to the UK's "gold-standard" Stewardship Code are set to make it too "open-ended" for Nest to ascertain whether fund managers are meeting the pension fund's expectations, it argued.

People Moves, 3 May: ING, JP Morgan Asset Management, Aviva, Impax, NEST ... and more

Dealing with inconsistent ESG data

A consistent ESG investment approach is 'largely impossible' across asset classes with current data, The Future of ESG Data 2022 conference heard. Ahren Lester reports

UK pension fund launches climate aware emerging market equity strategy

UK Financial Reporting Council to set up climate lab

A working group to improve company reporting of information related to climate change is to be established by the UK’s Financial Reporting Council (FRC).