Read time: 2 minutes
The Canadian Leadership Congress, in partnership with Schroders, is pleased to present the 2021 Asset Allocation Index. It’s our chance to take the pulse of Canadian asset owners and to take stock of their attitudes and intentions when it comes to their investments. We asked a wide range of questions including how they are allocating to equities, alternative investments, private markets, and ESG.
Canada’s six largest banks have all added ESG components to their chief executive officers’ compensation frameworks, putting them in a small minority of companies that tie executive pay to such measures. How environmental, social and governance matters affect pay varies by firm, as does the percentage of compensation involved.
Can investments in oil and gas go hand in hand with a commitment to the energy transition? Reading the news, it seems not. Frequently, stories highlight institutional investors and banks announcing that they are divesting fossil fuel exposure, citing the need to align their portfolios with the Paris Climate Accords.
While companies are under ever greater pressure to demonstrate that their activities are sustainable for the environment and society, traders often struggle to discern the value of the information provided. Maybe it is too vague, or it does not fit in with the here-and-now time horizon of stock markets.
Ryan Dunfield, CEO and Principal, SAF Group (who have partnered with AGF to deliver institutional private credit strategies) joins the CLC to share his views on where the best opportunities lie, what the risks are, and what pension investors must keep in mind as they seek to grow their private credit allocations.