Sustainability Themed funds
CalPERS continually seeks opportunities to source innovative and accretive portfolios for our Global Equity portfolio. Recently, CalPERS initiated an ESG research effort aimed at identifying strategies that uniquely incorporate ESG risk factors in its selection and construction process. In 1H 2018, CalPERS funded two ESG strategies that use both quantitative and fundamental ESG analysis to identify securities that improve the ESG characteristics of the portfolio thus incorporating environmental and social considerations. The portfolios are managed by internal staff based on information provided by QS Investors and AXA-Rosenberg.