LifeSight to adopt 50% ESG strategy for default fund amid DC 'challenges'
Willis Towers Watson's LifeSight is the first defined contribution (DC) master trust to allocate around half of equity investments in the default fund to environmental, social and governance (ESG) strategies.
The ESG allocation, which will be made by the end of this quarter, will be split between two strategies: the MSCI Adaptive Capped ESG Universal Index - which invests in both developed and emerging markets...
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