Happy New Year from NSFM! Plus: How a Smart Investing Strategy Could Avert Climate Change; Measuring Advisors on ESG Performance; How Governments can Better Manage our Finances; NSFM participant in Top 50 Most Influential People in Pensions, 2013!

In GreenBiz this month Cary Krosinsky explores 'whether investing can become a lever for the sort of positive change we seem to now require to avoid global catastrophe.'

A future low-carbon economy requires capital, which 'can and should come from pension funds that need to pay their constituents in the future, not just now. With proper policy and incentives, this could be the most profitable possible investing strategy of all.'

Read the full article here.

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In an article for IPE, Raj Thamotheram discusses the work that investment consultants are doing on ESG research and integration. An ESG  benchmarking system could, he argues, 'help them become the powerful facilitator for sustainable investing that they could be, and also help their leaders deal with the immunity to change that they face.'

Read the full article here.

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Michael Mainelli's, December address: Risk, Equality and Opportunity: The roles for government finance is available for download here.

Overview

'Adrift and barely floating amidst financial crises, governments claim that they cannot  afford to deliver on all their promises. Necessity has brought forth new views on government finance and how it can be used to achieve social ends. Many of these views are redressed mutton. Some are more or less just off-balance sheet accounting. Others prompt new thoughts about the role of the state. We will explore various roles for government finance and discuss how radical ideas and new monies may help governments better manage our longer-term future.'

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Last, but not least, congratulations to NSFM participant, Catherine Howarth, for making it into the Top 50 Most Influential People in Pensions, 2013, compiled by Pensions Insight.

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