The California Public Employees' Retirement System (CalPERS) announced external real estate managers within the Fund's Real Assets Program will begin reporting into GRESB, formerly the Global Real Estate Sustainability Benchmark, in 2017.

The votes are in and it is clear. For the second time in 2016 we have had a major rejection of the political status quo. Following on from the shock UK referendum result, a Trump victory is further evidence that many believe that we have reached peak globalisation and income inequality.

Solactive AG, the German multi-asset index provider specialized in the creation of customized financial indices, and oekom research AG, a leading expert in ESG research and analysis, have been selected by the Federal State of Berlin to support its long-term divestment strategy for the management of public pension funds.

Initial shock at the prospect of leaving the EU sent the markets into decline, but have they not reacted pretty much as anticipated? Never letting a crisis go without opportunity, selling high to force a low, and then buy back? An analysis from Rick Nicholls, Managing Director, Bastien Jack Group Ltd, UK property developer

According to Martin Arnold, Director – FX & Macro Strategist, ETF Securities, a Clinton victory reduces political uncertainty, and takes another excuse away from the Federal Reserve to not raise rates at December FOMC meeting. USD is likely to continue to strengthen, particularly against safe-haven currencies like the JPY & CHF, in the lead-up to the FOMC meeting.