Integrating ESG factors in fixed income - speakers

Katharine Preston, Manager, Responsible Investing, OPSEU Pension Trust

With assets of $16.0 billion, the OPSEU Pension Trust (OPTrust) invests and manages one of Canada’s largest pension funds and administers the OPSEU Pension Plan, a defined benefit plan with almost 84,000 members and retirees. OPTrust was established to give plan members and the Government of Ontario an equal voice in the administration of the Plan and the investment of its assets, through joint trusteeship. OPTrust is governed by a 10-member Board of Trustees, five of whom are appointed by OPSEU (Ontario Public Service Employees Union) and five by the Government of Ontario.

Katharine manages OPTrust’s responsible investing program. In this role, she oversees ESG integration, engagement and proxy voting for the pension plan. Katharine also spearheads the development of policies and strategy addressing the potential impact of ESG issues on the Plan’s investments. OPTrust is a signatory to the UN-supported Principles for Responsible Investment (PRI) and is committed to integrating ESG issues throughout the investment process and to being an active owner.

Katharine joined OPTrust in 2008 after a role as Research Director with Innovest Strategic Value advisors (now part of MSCI). She has an MBA from the Schulich School of Business at York University and a Bachelor of Engineering from McGill University.

Laura Nishikawa, Vice President, MSCI

Laura Nishikawa is Vice President and Head of Fixed Income ESG Research for MSCI ESG Research group. In her role, she focuses on environmental and social risk and opportunity in the fixed income space, leading a team that researches unlisted corporate, government-related, sovereign, and supranational issuers. She chairs MSCI’s ESG Ratings Methodology Committee, and led MSCI’s content and product design contributions to construct the Barclays MSCI ESG Fixed Income Indices. Prior to joining Innovest, now part of MSCI, in 2008, Ms Nishikawa conducted macroeconomic research with the United Nations Development Program, and conducted research studies on political behavior through McGill University.

Ms Nishikawa holds a Masters degree in International Economic Policy from Columbia University (SIPA), a Bachelors degree from McGill, and is a CFA charterholder.

Tim Coffin, Senior Vice President, Breckinridge Capital Advisors

Tim Coffin is a Senior Vice President with Breckinridge Capital Advisors, and has over 25 years of experience in public finance and the fixed income markets. Previous to Breckinridge, Tim was with Fidelity Investments where he launched and managed the firm’s Municipal Finance Group within Fidelity Capital Markets. Prior to Fidelity, he spent over 10 years with Corby Capital Markets where he managed sales and marketing and served his last 3 years as the firm’s President. Presently Tim serves on both the governing board and US foundation of Ridley College in St. Catharines Ontario. 

Breckinridge Capital Advisors is a Boston-based investment advisor specializing in the management of high-grade fixed-income portfolios for institutions and private clients. Working through a network of investment consultants and advisors, Breckinridge manages over $18 billion in taxable, tax efficient and sustainable bond strategies.

Harald Klug, Senior Vice President and Head of ESG and Sustainability, PIMCO

Mr. Klug is a Senior Vice President in the Newport Beach office and a member of PIMCO’s executive office, contributing to firm-wide strategic, financial and operational initiatives. He is also head of global sustainability initiatives, overseeing the firm’s environmental, social and governance efforts. He previously served as an account manager working with institutional clients. Prior to joining PIMCO in 2009, he worked in the executive office of Allianz Group, focusing on asset management, and was a member of the financial risk management consulting team with PricewaterhouseCoopers. He has 10 years of investment and financial services experience and holds an MBA from Harvard Business School and an undergraduate degree from Lancaster University.

Susan Love, Vice President and Treasurer, Export Development Canada

Susan Love was appointed Vice-President and Treasurer in June 2013, reporting to the Senior Vice-President and Chief Financial Officer. Ms.Love has 22 years of capital markets experience, and 10 years of leadership experience, including the last five years as EDC’s Deputy Treasurer. She has worked in every role in Treasury – short term borrowing, investments, long term borrowing and technology – and has navigated through a wide variety of market conditions. Ms. Love graduated with a degree in Business Administration, with an Honours in Management Information Systems and is fluently bilingual.

EDC is Canada’s export credit agency, offering innovative commercial solutions to help Canadian exporters and investors expand their international business. EDC’s knowledge and partnerships are used by more than 7,700 Canadian companies and their global customers in up to 200 markets worldwide each year. EDC is financially self-sustaining and a recognized leader in financial reporting and economic analysis.