USS announced that it has acquired a 49.9% interest in Airport Link Company (ALC) from Westpac Essential Services Trust, managed by Hastings Funds Management Limited, adding to the stake USS already owns.
USS, in collaboration with three institutional investors and climate change specialists, Acclimatise, has launched “Managing the Unavoidable: investment implications of a changing climate”.
Concerns over weaknesses in the international accounting framework have been raised in a paper issued by a group of major European institutional investors, including Universities Superannuation Scheme Limited.
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