(3BL Media/Justmeans) - When we think of the positive images of India, words like colour, food, landscape, architecture, art, and Bollywood may spring to mind. The word “science” probably does not pop up. Yet, India is one of the top-ranking countries in the field of basic research and Indian science has come to be regarded as one of the most powerful instruments of growth and development.
FROM THE EDITOR
Pension Plans Pull Out of Hedge Funds
$4 billion. That’s how much investment the California Public Employees’ Retirement System, the largest U.S. public pension plan, is pulling out of hedge funds over the next year. The second largest U.S. public pension plan, the California State Teachers’ Retirement System, is reviewing its hedge fund investment of $700 million, which earned 0.13% last year, the lowest of all its asset classes. Public pensions moved into hedge funds with the idea that larger gains would avoid the need for bigger contributions from their employee-members and prevent the reduction of retirees’ benefits. It hasn’t worked out that way. Hedge funds have underperformed the S&P 500 stock index for the past five years, and hedge fund fees are high. Investments that focus solely on profit are turning out to be less than profitable.
John Howell, Editorial Director
News & Blogs
(3BL Media/Justmeans) – The Dow Jones Sustainability Indices (DJSI) follow a best-in-class approach to measure the performance of the world’s sustainability leaders. Only companies that lead their industries based on a comprehensive assessment of long-term economic, environmental and social criteria are included in the indices. The indices provide a transparent system to enable global investors and other stakeholders to learn about the sustainability performance of leading companies.
(3BL Media/Justmeans) - Urban housing needs are overstretched worldwide, with 54 percent of the global population of 7.2 billion now living in cities, says the United Nation’s World’s Urbanisation Prospects 2014 report. By 2050, that number is expected to rise to 6.33 billion of a predicted world population of 9.6 billion.
Talk about flying under the radar! While the White House and Congress are in gridlock, with the legislative body doing everything they can to ensure that nothing is being done about climate change, a number of provisions that were included in the 2007 Energy and Security Act that was passed during the Bush administration are quietly being used to produce enormous energy savings for the American people.
According to a white paper by the American Council for an Energy Efficient Economy (ACEEE), actions that have already been taken, are planned, or that are now underway, could have a net...
(3BL Media/Just Means) - When we think of Canada, the country’s vast and spectacular natural resources spring to mind. In relation to forestry, we often think of lumberjacks in plaid shirts felling whole forests. But the times have changed and so have forestry practices. With dwindling forest coverage all over the world, Canada faces international scrutiny over the sustainability of its forest-based industries.