💰SWF – Sovereign Wealth Fund
APG Puts Deloitte Data Team On Sustainable Investment Beat
APG Group is taking over a 13-man data analytics team from Deloitte Nederland that specializes in leveraging artificial intelligence (AI) and big data analytics for sustainable investing.
Their new task as an independent business unit of the €469 billion Dutch pension fund manager will be to identify listed companies that have a sizable impact on slowing the effects of climate change, as well as those addressing problems in healthcare and education.
APG Group will own 70% of the new unit, with the remaining 30% being held by the team’s management.
https://www.swfinstitute.org/swf-news/apg-puts-deloitte-data-team-on-sustainable-investment-beat/
Saudi Arabia Recoups $106 Billion in Sweeping Anti-Corruption Purge.
Saudi Arabia’s Attorney General Sheikh Saud Al Mojeb released an update via the final week of January 2018 of its ongoing anti-corruption investigation, saying it has arranged to seize more than 400 billion SAR (US$ 106 billion) in financial settlements with hundreds of the kingdom’s top officials and businessmen detained on corruption charges at Riyadh’s Ritz-Carlton Hotel since last November when the crackdown first was launched under the direction of Saudi Crown Prince Mohammed bin Salman.
SWFI – Sovereign Wealth Fund Institute