Archive

BlackRock to expand on ESG in exchange traded funds

BlackRock, the world's largest asset manager, said iShares, its provider of exchange traded funds (ETFs), will expand its range of funds with an environmental, social and governance (ESG) focus and tighten screening of its existing ESG ETFs.

Large asset owners deterred by lack of quality impact strategies - NNIP survey

Asset managers have been urged to develop more sophisticated impact investment strategies, after a survey by NN Investment Partners revealed that many large Nordic asset owners are interested in the market but are unconvinced by a lack of quality and scale of existing impact strategies.

AIR predicts up to €1.9bn Ciara/Sabine insured losses

Insured losses from winter storm Ciara/Sabine, which damaged large parts of the UK and continental Europe, will range from €1.1 billion ($1.2 billion) to €1.9 billion, catastrophe risk modeller AIR Worldwide has predicted.

People Moves 14 February: LGIM; Leapfrog; AllianceBernstein; Lloyds; Green Giraffe; and more

Newton eyes up social impact opportunities

Newton Investment Management is preparing to launch environmentally-themed funds this year, and is considering how it can muscle in on the impact investing space, Environmental Finance has learned.

Sustainability-linked bonds 'could outgrow green bond market', says ICMA's Pfaff

The nascent sustainability-linked bond market could outgrow the green bond market, according to the International Capital Market Association, which administers the Green Bond Principles.

RBS targets halving emissions from financing activity by 2030

The UK's Royal Bank of Scotland Group (RBS) pledged to halve the climate activity of its financing activity by 2030 - although it admitted that it does not know how it will achieve the goal.

New York State Common makes $800m climate-themed investments

The New York State Common Retirement Fund has made $800 million in climate-themed investments so far in 2020.

S&P: Global sustainable debt to pass $400bn in 2020

Financial information giant S&P Global has forecast that the global sustainable debt sector will pass the $400 billion mark by the conclusion of this year, with the rise of sustainability-linked instruments a key factor.

ESG corporate euro bonds outperform, but US still lags, says Amundi

Integrating environmental, social and governance (ESG) when investing in euro-denominated, investment-grade corporate bonds drives outperformance, a study has shown.