Archive

Connected Asset Management hires CIO

Salem leaves RS Impact Fund

NY fund invests $2bn in FTSE TPI climate index

The New York State Common Retirement Fund will invest $2 billion in a FTSE Russell and Transition Pathway Initiative (TPI) index focused on the transition to a low-carbon economy.

250 Asia-Pacific ESG funds launched since January

At least 250 ESG funds were launched in the Asia Pacific between January 2020 and Autumn (Q3) 2021, as interest from institutional investors and retail investors has grown rapidly.

Brookfield impact fund to raise 'upwards of $15bn'

Brookfield Asset Management predicts its Mark Carney-supported impact fund will raise $15 billion by March, exceeding its initial forecast of $12.5 billion.

ECB introduces climate into assessment of bank managers

The European Central Bank (ECB) has for the first time introduced a climate and broader environmental criterion in an update to its questionnaire for banks to help assess which prospective managers are 'fit and proper'.

Ontario Teachers' invests in environmental markets platform

Ontario Teachers' Pension Plan Board has invested an undisclosed sum in Australian environmental markets platform GreenCollar.

GIIN plans financial inclusion impact 'benchmarking' tool in 2022

Impact investors are soon to get a publicly-available benchmarking tool that will help them compare the financial and non-financial performance of their investments, the Global Impact Investing Network (GIIN) has said.

Amundi to exclude oil and gas companies

Europe's largest asset manager Amundi will expand its exclusion policy to encompass companies extracting oil and gas from next year.

Milestone €100 EU carbon price 'within reach' in 2021

Expectations are rising that the EU carbon price could quickly cross the €100 ($113) per tonne milestone following more than a month of strong price gains and amid persistent tailwinds for the carbon credits.