Ahren Lester

Articles by Ahren Lester

  • People moves: DWS, Mercer, Robeco, NN IP, AIG ... and more

    13 August 2021
  • 'Blunt' ESG scores have 'no place' in credit rating process, says KBRA

    13 August 2021

    Kroll Bond Rating Agency (KBRA) said environmental, social and governance (ESG) scores have "no place" in the credit rating process despite ESG risks being relevant to credit quality, arguing the "blunt" ESG scores can "distract" credit analysts from their fundamental work

  • Climate risk-based divestments boosted equity returns, says NBIM

    12 August 2021

    The manager of the giant Norwegian sovereign wealth fund said its equity fund performance has benefitted from a cumulative 0.27% outperformance since 2012 due to divestments based on financial climate risk assessments

  • Green and sustainability-linked loan round-up: RSK, Cabot, Saputo, Sing Da Marine ... and more

    12 August 2021
  • Bond round-up: NRG, PNC, Berkeley, Gemdale, Sunnova, OCBC, Bewi ... and more

    11 August 2021
  • Financial firms back deforestation data initiative

    11 August 2021

    A working group of investors and banks are supporting an initiative to improve the data on corporate deforestation through supply chains

  • EOS turns voting focus towards gender and racial diversity in 2021

    10 August 2021

    EOS at Federated Hermes said it tightened its voting policies related to gender and racial diversity on boards in 2021, opposing director re-elections where "insufficient" progress has been made - with the investment stewardship firm particularly disappointed by progress in China, Hong Kong and Taiwan.

  • Sustainability-linked bonds: One year after the principles - where to next?

    10 August 2021

    Amid ongoing innovation and accelerating growth in 2021, where should the sustainability-linked bond market look next? Ahren Lester reports

  • Mirae launches Chinese 'clean' energy equity ETF

    10 August 2021

    $215 billion Korean asset manager Mirae Asset Global Investments has launched a Chinese equity clean energy exchange traded fund (ETF) tracking a Solactive index

  • EU climate benchmarks 'de facto mandatory' for Article 9 funds

    09 August 2021

    The EU Paris-aligned and Climate Transition (PACT) benchmarks have been effectively made mandatory for investment funds to be judged among the most sustainable under the EU Sustainable Finance Disclosure Regulation (SFDR).