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BlackRock low-carbon strategies attract $1 billion from CalSTRS


BlackRock low-carbon strategies attract $1 billion from CalSTRS
Monday, April 12, 2021
Laxman Pai, Opalesque Asia:
California State Teachers Retirement System, West Sacramento, invested $1 billion in two new low-carbon transition readiness exchange-traded funds managed by BlackRock.
A press release from the American multinational investment management corporation based in New York City said that the two funds raised more than $1.5 billion, highlighting the increased focus on climate-aware strategies from global institutional investors.
A consortium of global institutions invested in the funds, including the California State Teachers Retirement System (CalSTRS), Temasek, Sura Asset Management, Varma Mutual Pension Insurance Company, Profuturo Group, FM Global, and RenaissanceRe. ....

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Institutional Investors to put more money into alternatives and multi-Asset strategies


Institutional Investors to put more money into alternatives and multi-Asset strategies
Thursday, April 01, 2021
Laxman Pai, Opalesque Asia:
Institutional investors in the post-covid market landscape may be looking to put more money toward multi-asset strategies and shifting money into private (away from the public) markets, said a survey.
According to Nuveen s inaugural Global Institutional Investor Study , the pandemic is causing many institutional investors to shift the assets in their portfolios to alternatives and multi-asset solutions. They are also seeking clarity on environmental, social, and governance (ESG) as an alpha driver.
In another signal of portfolio management challenge and opportunity for major institutions, investors are giving stronger consideration to the private markets for alternative investment strategies, while also grappling with significant hurdles to implementation, said the survey. ....

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