After the tumult that characterized 2020, asset owners, money managers, consultants and other investment industry executives have resolved to apply the lessons learned during the COVID-19 pandemic to help their organizations thrive in 2021.
Common themes among the executives Pensions & Investments contacted about their resolutions include a sharp focus on increasing diversity, equity and inclusion, or DEI, in their workplaces and ensuring that portfolio companies held in investment strategies do the same; integration of ESG principles into investment policies and portfolios; and strong engagement and empowerment of employees as the world returns to safer, more normal conditions.
What follows are their responses, received in writing and edited for clarity:
Shawn T. Wooden, Connecticut state treasurer and principal fiduciary of the $37 billion Connecticut Retirement Plans & Trust Funds, Hartford:
"One of my resolutions for 2021 is to transform the 2020 racial reckoning pain into focused purpose to help our nation address fundamental racial economic disparities. I specifically want the Corporate Call to Action Working Group, that my office formed in partnership with the Ford Foundation and leading financial services firms, to take on measurable commitments that will address the need for deep, structural changes in order to advance social change, racial justice and greater economic prosperity for all."
Personally, Mr. Wooden said he will "try to be less competitive with my sons while playing board games."