Gresham House has launched a sector specialist biodiversity strategy to accelerate the deployment of nature-based solutions designed to halt biodiversity decline in the UK. Willis Towers Watson (WTW) is the cornerstone investor in the Gresham House Biodiversity Co-Invest LP (GHBC) strategy, which is aiming to raise $380m to invest in ‘habitat banks’. Developed by Environment … Read more
This year, we’ve been told, will be the great year of democracy. With populous nations such as India, Indonesia and Mexico among those holding elections, close to half the world’s adult population will have the opportunity to vote. It will no doubt be a great civic spectacle with significant political consequences. It will also be … Read more
Amundi and wealth manager EBI Portfolios have partnered to launch an SRI portfolio range. The five global portfolios will target ‘best-in-class’ passive ESG-rated equities and bonds. Each model’s equity allocation will vary from 100% to 20% and will invest across a range of regional equity funds and/or two fixed income funds. The equity element will … Read more
Schroders has launched an Article 9 global equity impact fund, aimed at companies working to solve societal and environmental challenges. The Luxembourg-domiciled fund, Schroder International Selection fund Global Equity Impact, will use the work of impact investment partner BlueOrchard. Working across the small- and mid-cap teams at Schroders, the fund will be jointly managed by … Read more
The European Green Bond Standard (EUGBS) promises to boost investor confidence and support the long-term growth of the green bond market despite some limitations, according to findings from the latest report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report – Will Europe’s New Standard Help Or Hinder Green Bond Market Growth? … Read more
At a the New York Times conference in late 2018, BlackRock CEO Larry Fink proclaimed that “demand for ESG [environmental, social, and governance] is going to transform all investing.” Less than five-years later, at the 2023 Aspen Ideas Festival, Fink was referring to the “weaponisation of ESG….by the far left and … the far right”. The increased politicisation … Read more
Investment managers have highlighted the areas of opportunities within vaccines, specifically the advance in technology and opportunity to improve health equity as key areas of investment in 2024. As ESG Clarity’s global outlook for 2024 recent highlighted, healthcare has been earmarked as an area of focus by fund managers this year. This coincided with an … Read more
Goldman Sachs Asset Management (GSAM) has launched an Article 9 green bond ETF. The Goldman Sachs Global Green Bond UCITS ETF fund aims to track global G10 green bond issuance and offers access to bonds that meet certain sustainable investment screens, including controversy exclusion, project and sector exclusions and an analysis of issuers’ climate transition … Read more
Women in the UK are predicted to make £10,362 less on their investments than men by 2030 if they invest 7.5% of their earnings, according to a new study by Shepherds Friendly. The average salary for a woman in the UK is £28,765 while men typically make £41,850 — a difference of over £13,000 a … Read more
The announcements that asset manager giants have left the Climate Action 100+ (CA100+) initiative has caused responsible investors to review positions in their funds, while others have said the move is “not surprising” for passive players. On Thursday (16 February), Reuters reported JP Morgan Asset Management (JPMAM) and State Street Global Advisors will not be … Read more