| In June, Norway's $US890 billion government pension fund, considered the largest sovereign wealth fund in the world, said it would sell many of its investments related to coal. he decisions by large superannuation and global pension funds to divest and screen companies based on environmental, social and governance (ESG) factors is being driven by the increasing pool of money managed by managers in the core responsible investments category, Mr O'Connor said.
"Super funds are looking down at the asset managers and saying, 'Why aren't we doing this'? And then they have been doing it themselves by divesting." he largest managers of core responsible investing include AMP Capital, Investa Property Group, New Forests, Perpetual Investments and BT Investment Management...............................................Full Article: Source
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