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In the good old days, the name of a mutual fund gave investors a clear hint about the investment objective and/or strategy of the fund. Unfortunately, these days are over, and fund names have become another tool in the toolbox for product marketing. This means that product managers are seeking fund names which are catching … Read more

This year, ESG, like so many aspects of life, became a starkly partisan subject. While the engagement that investors and asset managers showed with public companies reached an all-time high, so too did the objections to shareholders influencing the operations of the companies they own. The year also saw major developments in legislation and regulation … Read more

JPMorgan Chase  & Co. released a racial equity report, and SOC Investment Group is not impressed. “Jamie Dimon took the knee after George Floyd, and now they have to share the results. Instead, they put it in the smallest box they could,” said Dieter Waizenegger, executive director at SOC, referring to a common recognition of racial justice solidarity invoked in the … Read more

In the spirit of becoming a truly global publication this year – and because ESG Clarity US has its own podcast, ESG Out Loud US – in the final episode of the podcast this year we explore the developments and outlook for ESG investing in Asia. ESG Out Loud is ESG Clarity EU’s monthly podcast, … Read more

While there has been rapid growth in net-zero commitments, the concept of a just transition has received less focus, while becoming increasingly important. A ‘just’ transition is one that ensures energy transition is fair and inclusive, supporting the countries, regions, industries, communities, workers, or consumers who stand to lose economically and supporting ‘brown’ sectors to … Read more

Global X ETFs Australia, the Australia-based ETF provider that is a member of Mirae Asset Financial Group, has launched what it claims is currently the lowest cost carbon ETF in the country. The Global X Global Carbon ETF (GCO2) launched on 14 December and tracks the ICE Global Carbon Futures Index to provide access to … Read more

CCLA Investment Management has rallied 10 institutional investors with a combined £806bn assets under management and advice to call on companies to better protect the UK’s migrant seasonal workers. Quilter Cheviot, Epworth Investment Management, Sarasin & Partners and Schroders are among firms to have signed a statement calling on retail companies and companies sourcing staff … Read more

The Glasgow Financial Alliance for Net Zero (GFANZ) has set up a working group of investors to help mobilise at least $7.75bn in private capital for the energy transition in Viet Nam. Earlier this month, the government of Viet Nam announced it would ramp up its renewable energy efforts from 36% to 47% from wind, … Read more

At a recent climate-finance meeting attended by Wall Street giants including BlackRock Inc. and Goldman Sachs Group Inc., no one spoke until a lawyer had finished reading out a disclaimer stating the group was not a cartel. The newly formed ritual is a direct reaction to the increasingly hostile position of the Republican Party toward … Read more

In a bid to reduce greenwashing the Federal Council has outlined a definition for sustainable investments and set up a working group to examine how this can be implemented. The Swiss body set out its position in a paper last week, stating financial products can only be labelled as sustainable if they align with one … Read more