Archive

Impax completes fixed income assets acquisition

Impax Asset Management has completed the acquisition of £1.1 billion ($1.4 billion) worth of European assets from US high yield bond manager SKY Harbor as it continue to strengthen its fixed income operations.

US banking regulator abandons climate risk principles

The Office of the Comptroller of the Currency (OCC) has "withdrawn its participation" in maintaining principles for climate risk management by large financial institutions in the US, which it argued were "overly burdensome and duplicative".

EU lawmakers agree vote on 'stopping-the-clock' on sustainability rules

UK pensions regulator aims to unlock 'latent demand' for net-zero investment

Impact funds raised €700bn in past decade, finds Phenix research

Impact investment vehicles have raised more than €700 billion ($757 billion) cumulatively in the past decade, a report from Phenix Capital Group has estimated.

'Investors must stop double counting impact credentials'

Phenix Capital Group has called on impact investors to stop 'double counting' impact claims,...

BlackRock's Fink omits 'climate change' from annual letter

BlackRock CEO Larry Fink made no explicit reference to 'climate change' or diversity, equity and inclusion in the latest annual letter to shareholders - marking a big shift compared with his public messaging in past years.

Sumitomo launches nature-based carbon investment platform

Mizuho joins carbon dioxide removal platform

Canadian climate agency moves CAD20m to 'high-impact' bond funds

The Atmospheric Fund (TAF) has moved CAD20 million ($14 million) of its endowment from a major Canadian bank to two "high-impact" investment funds, including a Canada-focused green bond fund.