Category: Real Assets

French public service pension scheme ERAFP has launched a €5bn tender for four real estate managers for its existing portfolios. The tender is for two managers each for two portfolios – SRI unlisted real estate in France and in Europe.  

The UK’s East Sussex Pension Fund has invested £200m into a new global equity ex-fossil fuels strategy in partnership with Osmosis Investment Management. UBS Asset Management will act as investment manager for the strategy, which excludes tobacco, controversial weapons and businesses in breach of the UN Global Compact, with Osmosis acting as advisor. Utilities which generate more than 50% of their energy from renewable sources are eligible for reintroduction to the fund if they also have a positive “resource efficiency score”. 

HSBC Asset Management has launched a new sustainable ETF investing in bonds with a one- to three-year maturity. The ETF tracks a Bloomberg MSCI index, investing in investment-grade…