Research & Publications

Initial presentation of the 2025/26 Leaders List

Pricing Climate Change Risk Premia: Adjusting CMAs for Climate-change

Key takeaways from the London roundtable covering RAAI's new membership direction, Leaders List findings, climate-adjusted CMAs, emerging-market systemic risk, and practical member engagement lessons.

A research chapter explaining how climate-adjusted capital market assumptions can help asset allocators incorporate system-level risks into portfolio construction, strategic asset allocation, and risk-return decision-making.

Key takeaways and presentation material from the Singapore roundtable on the economic case for climate investment, climate adaptation opportunities, CMA adjustment, and AI integration for asset allocators.

Analyzing 300 allocators with $33 trillion in assets to identify the Top Quintile, 55 leaders setting the gold standard for responsible investing.

Key takeaways from the New York Climate Week roundtable on incorporating systemic risks into CMAs, benchmarks, and financial analysis tools, including APG's systematic approach to responsible investment criteria.

Key takeaways from a virtual roundtable on how foundations and endowments can align investment governance, benchmarks, capital market assumptions, and mission-driven priorities in the face of climate and social risks.

Key takeaways from the London roundtable establishing a baseline view of how asset allocators address long-term systemic risks and where current benchmarking, stewardship, and asset allocation practices fall short.

Key takeaways from the Singapore roundtable on why traditional benchmarks and capital market assumptions are backward-looking, how short-term performance incentives constrain allocators, and why climate risk needs to be priced into long-term portfolios.

The Responsible Asset Allocator Initiative (RAAI) aims to direct capital from major asset allocators towards responsible investing and achieving the UN's Sustainable Development Goals. The RAAI Index evaluates how top long-term investors, like sovereign wealth and government pension funds, address key ESG issues through 10 principles and 30 criteria.

A policy brief arguing that asset owners should revise ESG frameworks to include corporate political spending disclosure, accountability policies, and engagement around donations that undermine democratic institutions.

The Responsible Asset Allocator Initiative (RAAI) at New America aims to direct significant capital towards responsible investing, supporting the UN Sustainable Development Goals. It targets Sovereign Wealth Funds and Government Pension Funds, key institutional investors capable of making a positive impact.

The Responsible Asset Allocator Initiative (RAAI) is part of Bretton Woods II, helping large asset allocators enhance returns through sustainable investments. By focusing on Sovereign Wealth Funds and Government Pension Funds, RAAI uses their assets to promote sustainable development. Just a one percent allocation from these funds exceeds all Official Development Assistance in 2016.