Hamza Ali

Malaysian asset manager launches shariah-compliant ESG fund

A Malaysian asset manager has partnered with Arabesque Asset Management to launch what they claim is the first 'shariah-compliant' environmental, social and governance (ESG)-focused fund.

Starbucks issues JPY85bn sustainability bond

US coffee shop giant Starbucks has issued a JPY85 billion ($736 million) sustainability bond, the biggest of its kind issued in Japanese yen.

UK tops European asset managers on RI, says ShareAction

UK asset managers are doing more to meet responsible investment (RI) performance targets then their European counterparts, according to a report by NGO ShareAction.

NBIM says palm oil still too risky to invest in

Norges Bank Investment Management (NBIM), which manages Norway's $900 billion sovereign wealth fund, has said it considers the palm oil sector to be still "too risky for investment".

World Bank launches SDG bonds

The World Bank has launched a €163 million ($172 million) index linked bond that will directly link returns to the performance of companies advancing the global development priorities set out in the Sustainable Development Goals (SDG).

Suez and Canadian pension fund acquire GE Water for €3.2bn

French waste and water group Suez and Canadian pension fund manager Caisse de Depot et Placement du Quebec (CDPQ) have partnered to buy General Electric's (GE) water division.

Nigeria publishes green bond guidelines as it gears up to issue

The Nigerian government has published green bond guidelines as it gears up to become the first African sovereign to tap the market.

Brookfield buys SunEdison yieldcos

Brookfield Asset Management (BAM) has acquired a controlling stake in TerraForm Power (TERP), in a deal valued at $1.7 billion.

Union Investment set to launch green bond fund in April

German Asset manager Union Investment is set to launch a labelled green bond fund in April.

BNDES to mandate green bond fund by end of March