Bloomberg launches science-based physical risk indicators

Bloomberg has partnered with Riskthinking.AI to launch the first physical risk indicators designed to account for every climate scenario endorsed by the Intergovernmental Panel on Climate Change (IPCC). Combining data on more than one million physical assets with Riskthinking.AI’s dataset of global climate change projections and proprietary methodology, the indicators aim to provide Bloomberg users … Read more

Fund in focus: FSSA team one of the best in the business

In this series for ESG Clarity EU, Hargreaves Lansdown dives into ESG funds available in the UK and EU, analysing their investments, performance and ESG credentials. For this latest article, Dominic Rowles takes a look at the FSSA Asia Focus fund. Many Asian and emerging markets are home to young, increasingly wealthy populations and an expanding workforce that’s expected to … Read more

Evelyn Partners adds to global equity positions in sustainable MPS

Evelyn Partners Sustainable MPS team has switched out its holding in Impax Environmental Markets Investment Trust in favour of a smaller position in its open-ended sister fund. In the latest rebalance, lead manager Genevra Banszky von Ambroz (pictured) said the £652m Impax Environmental Markets fund offers a similar underlying exposure without the discount to NAV … Read more

Barclays hires head of sustainable and impact banking

Barclays has hired Denise Wong as head of sustainable and impact banking, Asia Pacific. Wong will be responsible for advising corporate and institutional clients on leveraging opportunities to meet sustainability objectives, and will report to Vanessa Koo, head of investment banking, Asia Pacific. Wong brings more than 20 years’ experience, having worked with Barclays across … Read more

Why biodiversity is next for green bond expansion

The need to transform how we interact with nature creates a major opportunity for the green bond universe, but also presents challenges. So far, green bond issuers have successfully embraced funding the transition toward carbon neutrality. But far fewer issuers are currently looking at regenerative biodiversity projects or initiatives that seek to protect our ecosystems … Read more

Asia sustainable funds see higher inflows in Q3 despite global declines

Global sustainable funds recorded another decline in inflows in the third quarter of the year, with investors backing the sector with $13.7bn compared to a revised $23.6bn in the previous quarter, but sustainable assets fell in value less than traditional counterparts. Falling stock valuations meant global sustainable fund assets declined by 4.2% to $2.74trn at … Read more

US sustainable fund outflows accelerate in Q3 but Europe remains resilient

Global sustainable funds recorded another decline in inflows in the third quarter of the year, with investors backing the sector with $13.7bn compared to a revised $23.6bn in the previous quarter, but sustainable assets fell in value less than traditional counterparts. Falling stock valuations meant global sustainable fund assets declined by 4.2% to $2.74trn at … Read more

Fidelity launches Paris-aligned fixed income ETFs

Fidelity International has launched two active fixed income ETFs with a focus on sustainable investing, classified as Article 9 under the Sustainable Finance Disclosure Regulation. Fidelity Sustainable EUR Corporate Bond – Paris Aligned Multifactor Ucits ETF and Fidelity Sustainable USD Corporate Bond – Paris Aligned Multifactor Ucits ETF were listed on 23 October on the … Read more