NextBillion - An Initiative of the William Davidson Institute at the University of Michigan

Tuesday, October 31, 2017

Canadian and European funds lead the way among the most responsible asset allocators, according to a new report from non-partisan think tank New America.

The recently released Bretton Woods II Leaders list of the 25 “most responsible” asset allocators was culled from among hundreds of sovereign wealth funds (SWFs) and government pension funds (GPFs) representing more than $20 trillion in assets under management. The top funds were chosen for their “high conviction in responsible investing,” and their belief that “ESG is material to long-term returns,” according to New America.

The group was then screened for availability of information, minimum size of assets, and investment activity, which resulted in a final list of 121 SWFs and GPFs, comprising $15 trillion in assets. Each of the 121 asset allocators was rated by two to three independent expert reviewers, until the list was whittled down to the 25 highest-scoring SWFs and GPFs.

Photo courtesy of GotCredit.