Grantham Mayo Van Otterloo recently hired a new head of ESG and sustainability.
In her new position, Deborah Ng is tasked with “leading and accelerating the firm’s ESG and sustainability-related initiatives,” Boston-based GMO said in a statement.
Ng was previously head of responsible investing for the Ontario Teachers’ Pension Plan.
The firm added more about the new position: “Specific areas of focus will include working closely with the firm’s investment teams as they conduct innovative research and further integrate material ESG factors into their processes; partnering with members of GMO’s Investment Stewardship Group to expand issuer engagement activities; and advancing the firm’s own sustainability goals.”
Ng sits on the United Church Pension Plan’s investment committee and previously was on the Global Real Estate Sustainability Benchmark’s board.
This story was originally published on ESG Clarity.
Chicago-based Mesirow Fiduciary Solutions adds flexPATH's plan-level outsourced fiduciary book, boosting its retirement market reach to $164 billion.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
It promised guaranteed principal and 10% monthly returns. The SEC says it invested nothing.
Ten years after entering the fee-based annuity market, MassMutual Ascend says nearly half its lifetime sales came in the past two years alone – but barriers remain among fee-only advisors.
Amplify, WealthReach, Zeplyn and Zocks have unveiled partnerships aimed at automating portfolio management, content creation, account opening, and client communication.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income