Michael Hurley

News round-up: CG Asset Management, Amundi, Taiwan Public Service Pension Fund, and more

'Next generation' of social impact funds claim Big Society Capital award

A proposed fund that looks to purchase 'distressed' assets and lease back the properties to social and community enterprises, initially on a rent-free basis, was among the winners of a competition to identify ideas for new impact funds.

Neuberger Berman raises $280m at final close of impact fund

Neuberger Berman has raised about $280 million at final close of a private equity impact fund.

'Greater ESG disclosure leads to greater ESG rating disagreement' - study

The more environmental, social and governance (ESG) information companies publish, the greater the difference there is between ESG ratings based on this information, an academic study has found.

Engine No. 1 plans impact ETFs focused on shareholder votes

US hedge fund manager Engine No. 1 is preparing to launch an exchange-traded fund (ETF) that will vote its shares in "favour [of] actions that encourage companies to invest in their workers, communities, and the environment", as well as a separate climate ETF.

Aviva proposes radical climate reforms of international financial architecture

Proposals for a radical reform of the international financial architecture to encourage a 'smooth and just' energy transition have been addressed to G7 and G20 leaders.

Investor failure to vote for near-term climate targets would be hypocrisy, Hohn says

Investors who do not support shareholder resolutions that aim to force major polluters to set near-term emissions reduction targets in line with the goals of the Paris Agreement have been warned that they would be guilty of "absolute greenwashing and hypocrisy".

Hamilton Lane targeting $400m for second impact fund

US private markets investor Hamilton Lane is targeting a $400 million fundraise for its second impact fund - a sum four times larger than it is reported to have raised for its first such fund.

Blue like an Orange invests in Brazilian solar

Impact investment manager Blue like an Orange has provided BRL 106 million ($19 million) in mezzanine financing to Brazilian solar energy generation company Órigo Energia.

Plant-based investment platform launches deal-sourcing service

An online platform has been launched to identify investments in companies providing 'plant-based solutions', across market segments like seafood, meat & dairy alternatives, 'cruelty-free' cosmetics, bio-based materials and 'ethical' fashion.