The subject line read “ESG/SRI Mandates and Public Pension Funds.” She clicked it open, took a long sip from her coffee and read on. Moreover, how much was the pension fund investing in in-state businesses? It gave you an arsenal of analytic firepower but little practical guidance dealing with the politics of managing public pension fund money. Shuffling through the stack of reports—here it was: New Developments In Social Investing By Public Pensions (Munnell/Chen). But Jienna learned early on that the “public” part of public pensions meant there was a realpolitik to consider as well.

Source: Forbes February 08, 2017 15:23 UTC