PETER A Nadosy is a pillar of the Wall Street establishment - he spent 27 years at Morgan Stanley, rising to vice-chairman. He served a stint managing the endowment at Harvard, his alma mater, and he's also a life trustee and member of the investment committee at Amherst College. He's on multiple boards of nonprofit institutions, including the Doris Duke Charitable Foundation and St Andrew's Dune Church in Southampton, New York.
He is, in short, about the last person you'd expect to throw his support behind an investment strategy that makes fossil-fuel divestment - something Mr Nadosy opposes - look tame by comparison. Yet, as chairman of the Ford Foundation's investment committee, which oversees...