January 9, 2019 | IPFI USA (Divestment White Paper Press Release)
FOR IMMEDIATE RELEASE January 9, 2019 New White Paper: Divestment – The Impact of Political Decisions on Public Pensions A year after New York City officials called for the divestment of city pension funds from fossil fuels, divestment remains a costly and dangerous strategy. New research from IPFI details the negative impact of divestment. Arlington, […]
November 28, 2018 | IPFI USA
FOR IMMEDIATE RELEASE November 28, 2018 IPFI Applauds Putting Fiduciary Responsibility Over Politics IPFI staunchly opposes politically motivated divestment and applauds the Canada Pension Plan Investment Board for refusing to give in to political pressure. Washington, DC – The Institute for Pension Fund Integrity (IPFI) would like to congratulate the Canada Pension Plan Investment Board (CPPIB) […]
November 16, 2018 | IPFI USA
FOR IMMEDIATE RELEASE November 16, 2018 Press Release: IPFI Reacts to the Proxy Voting Roundtable IPFI continues to call for the registration of proxy advisory firms with the SEC to ensure greater transparency. Washington, DC – The Institute for Pension Fund Integrity (IPFI) attended yesterday’s roundtable hosted by the U.S. Securities and Exchange Commission (SEC). […]
Adherence to Fiduciary Responsibility
The Institute believes that officials residing over pension funds should be held to a high degree of fiduciary responsibility, consistently making decisions on investment that will benefit the long-term growth and security of the fund. Consistent dividend yield, resistance to market flux and strong corporate credit ratings are just a few variables that must be taken into account by these individuals. Often times outside interests have pressured pension funds and other entities to divest from certain investments under political pressures, which would subject pension funds to lower financial returns. This divestment would violate a pension fund’s fiduciary responsibility.
Balanced Economic, Social, and Governance (ESG) Factor Investment
Accounting for ESG factors in investments can prove to be advantageous with greater transparency and consistently high returns. With more than 80% of all corporations releasing ESG factor reports, options are plentiful for the investment of pension funds into holdings with positive ESG outlook. ESG factors should not dictate a political agenda for guiding public investment decisions.
Long term Pension-Fund Return
When investing with pension funds and other long-term payout entities it is imperative that long-term stock stability be sought after in the investment process. Part of the responsibility of the managers of pension funds is to identify long-term, low market volatility investments that will allow for prolonged growth and a sustaining of pension budget health for years on end.