ESG investing in EM sovereigns: An example framework

From a sustainability perspective, investing in sovereign emerging market (EM) debt can feel messy. Most investors feel just familiar enough with individual EM countries to fall prey to subjective judgments when making comparisons. The market tends to overreact to news—good news, bad news and often both at once. And huge, complex data sets bog down … Read more

Less than a quarter of Asian fund managers reject investments on ESG grounds

Most Asian fund general partners (GPs) prefer not to reject an investment due to sustainability concerns because they are confident they can create value by improving a company’s ESG credentials. This is according to a report, Asia Funds ESG Report, from law firm Morrison & Foerster in conjunction with private equity intelligence provider AVCJ. Although … Read more

Robeco targets fashion industry with equities strategy

Robeco has launched an equities strategy with the intent to invest in, and engage with, companies across the fashion value chain. The Fashion Engagement Equities Strategy will invest in 30 to 40 publicly listed companies across the entire fashion value chain, including sourcing, production, consumption and end-of-life. The firm will particularly be looking for companies … Read more

Aramco Navigating the Energy Transition and Shaping a Sustainable Future

As the world embarks on a critical journey towards a cleaner energy future, Aramco, the world’s largest energy company, stands at the forefront of this transformation. Committed to shaping a sustainable future, Aramco is embracing the energy transition by leveraging its unparalleled expertise, innovation, and global reach to drive sustainable growth and address the pressing … Read more

Energy barriers blocking UK’s green future

The UK government has set its sights on achieving net zero by 2050. Having almost eliminated coal from the energy mix it is still reliant on fossil fuels through natural gas, for example. Generally, steps towards achieving decarbonisation are uncontroversial: electrify heat and transport, and decarbonise electricity generation. But while this sounds simple, any increase … Read more

Why Wheb AM has increased exposure to big pharma

There’s been a marked increase in our exposure to so-called “big pharma” stocks such as CSL, AstraZeneca, and Genmab and Novo Nordisk in our strategies recently. Just a few years ago, we had only minimal exposure for good reasons, so what has changed? Big pharma used to be a dirty word. Scandals around Turing Pharma … Read more

Tabula launches two share classes for Paris-aligned climate bond ETF

Tabula Investment Management has launched two sterling-hedged share classes of the Tabula EUR Ultrashort IG Bond Paris-aligned Climate Ucits ETF.  Listed on the London Stock Exchange, the first share class has the ticker TUGB LN.  The second share class is the firm’s first non-exchange traded share class in its ETF range, and provides institutional investors … Read more

GFANZ transition finance measurement ‘fatally flawed’ NGOs claim

Nine NGOs, including Reclaim Finance and Sierra Club, have warned that a proposed new method for financial institutions to measure their decarbonisation impact is “opaque, highly complex, easy to manipulate, and likely counter-productive”, in response to a consultation paper published by the Glasgow Financial Alliance for Net Zero (GFANZ). Launched to coincide with the UN-partnered … Read more

EEA urges more private investment to support green deal

The European Environment Agency (EEA) has called for more private investment to help underpin a smoother sustainability transition. According to the organisation, the continent needs a “solid socio-economic and fiscal policy framework” to ensure that the European Green Deal is implemented smoothly. First presented by the Commission in 2019, the European Green Deal aims to … Read more