BlackRock

This week’s top stories included Barnett Waddingham’s appointment of eight partners, while British Airways Pensions announced the outsource of in-house investment operations to BlackRock.

British Airways Pensions has decommissioned its in-house investment operations, moving all assets to BlackRock as outsourced chief investment officer (OCIO).

This week’s top stories include fines issued over audit failures at Associated British Engineering, and the launch of a new carbon metrics reporting tool by CACEIS.

Legal & General Investment Management (LGIM) has confirmed its head of defined contribution (DC) Emma Douglas has left the business.

BlackRock has launched a fund designed to simplify ESG investing through the focus on factors demonstrating materiality.

Here are the five reasons why we believe sustainable indexing gives investors the clarity they need to build more sustainable portfolios.

Asset managers representing $22.8trn (£16.5trn) of assets under management (AUM) have joined the Net Zero Asset Managers initiative, bringing the total number of signatories to 73.

The Barclays Bank UK Retirement Fund (Barclays UKRF) has integrated ESG factors and climate risk into a £1.3bn diversified growth fund (DGF) portfolio used for its defined contribution (DC) scheme.

More than half of BlackRock’s flagship UK defined contribution (DC) default fund’s assets will be invested in ESG strategies by June 2021.

Scottish Widows has begun work with its fund management partners to divest at least £440m from companies which do not meet its ESG standards under a new exclusions policy.