Fund in focus: BlackRock ESG revamp brings in assets but too early to ‘grow conviction’

In this series for ESG Clarity Asia, Morningstar dives into ESG funds available in Asia, analysing their investments, performance and ESG credentials. For this latest article, Morningstar’s Matias Möttölä takes a look at the BlackRock Global Funds-ESG Multi-Asset Fund. After being repurposed into an ESG fund in 2019, BlackRock’s ESG Multi-Asset has seen strong asset growth. At $7.2bn of assets … Read more

Biocultural resilience: A holistic approach to investing in nature

The traditional distinction between human needs and nature is a false dichotomy and has hampered effective action to protect the natural world. Humans have been reshaping and managing nature for thousands of years, establishing a deep interdependence between economic activity and natural systems. There now needs to be a recognition of this inseparable link between … Read more

Investor network urges fast food giants to tackle bacteria threat

The $70trn-backed Fairr investor network is once again targeting engagement at fast food companies, asking them to disclose a set of information related to antimicrobial resistance (AMR). The engagement will target 12 US fast food restaurant companies, many with a global reach, including McDonalds, Yum! Brands (owners of KFC and Pizza Hut) and Restaurant Brands … Read more

Federated Hermes hires senior manager for nature impact strategy

Federated Hermes has hired Andy Turnbull as a senior investment manager for the firm’s UK Nature Impact investment strategy, which will launch later this year. Federated Hermes said the blended finance strategy will seek to generate “attractive” returns by investing in “nature-positive” businesses across land, coasts, rivers, and sea in the UK. The strategy has … Read more

We expect companies to develop a comprehensive biodiversity strategy

For investors, it is becoming increasingly important to consider how biodiversity might impact long-term portfolio sustainability – namely in the form of business and market disruptions, potentially lower returns, and reputational and regulatory risks. Prioritising biodiversity-friendly investments could possibly be key to managing these risks and contributing to positive social and environmental outcomes. In many … Read more

Private equity gets net-zero guidance

Guidance for private equity has launched to drive the sector towards net-zero investing. The Net Zero Investment Framework Component for the Private Equity Industry, has been designed by the Institutional Investors Group on Climate Change (IIGCC), sustainability non-profit Ceres and consultancy Anthesis. The private equity guidance establishes a consistent approach to measuring progress towards net … Read more