Page 8 - Anders Schelde News Today

The epic fight over who controls the future of the car industry is about to get a whole lot more interesting.



Japan and South Korea are pushing ahead with a controversial coal plant in Vietnam and will provide $1.8 billion in loans for the project, despite having announced ambitious pledges to become carbon-neutral on their home turf. The state-aligned Japan Bank for International Cooperation (JBIC) said it will lend around $636 million to the Vung Ang 2 project in central Vietnam, which has come under international criticism and divided opinion within Japans government. Private financial institutions ...

Why Korea’s NPS and Poba are piling into real asset JVs The two public pension funds are increasingly forming partnerships to grow their property and infrastructure exposure globally. Whats the thinking behind this trend? Korea’s National Pension Service (NPS) and Public Officials Benefit Association (Poba) are among the growing number of Asian institutions forming joint ventures with overseas asset owners or managers to invest in real assets globally. Such alliances provide cost benefit...

How AkademikerPension excludes China state assets The Danish retirement fund for academics has long screened out companies and countries from its portfolio, but has further stepped up its focus on ESG issues in the past few years. Protesters in front of the Chinese Consulate General office in Los Angeles in October Amid the much-touted focus on environmental, social and governance (ESG) issues these days, some investors – like Denmark’s pension scheme for the academic sector – adhere to ...