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NYC pension funds divest from Iran

The five New York City pension funds selling shares worth $10.8 million in two companies with business ties to Iran have been asked to adopt resolutions for the phased divestment of holdings in eight more companies with ties to the country which, in total, have a market value of more than $141 million.
STAFF WRITERJuly 22, 2009
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Crisis fails to derail support for ESG

A new report commissioned by the International Finance Corporation (IFC), a member of the World Bank Group, has found environmental, social and governance investment criteria in emerging markets are being embraced by most of the asset management community despite the economic crisis.
STAFF WRITERJuly 14, 2009
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