Michael Hurley

Articles by Michael Hurley

  • Irish sustainable forestry fund completes €30m first close

    27 April 2018

    A sustainable forestry investment fund has raised about €30 million ($36 million) at first close.

  • Actiam backs third successive Shell climate resolution

    27 April 2018

    Dutch asset manager Actiam criticised Shell for not doing enough to change its business strategy as it threw its weight behind a third successive climate-related shareholder resolution with the company.

  • ERAFP calls for emerging market SRI bond fund managers

    27 April 2018

    French pension fund ERAFP has called for tenders from prospective managers for an emerging market bond portfolio worth up to €300 million.

  • UK pensions advised to pursue decarbonisation with climate risk checklist

    26 April 2018

    A checklist for pension fund trustees to consider climate risk in their investments has been launched which encourages UK schemes to adopt targets for reducing carbon-intensive holdings and consider divestment.

  • Green bond round-up, 25 April

    25 April 2018

    More than $3.3 billion of green bonds have settled in the first three days of this week*, with announcements suggesting that a strong pipeline of issuance of green and social bonds can be expected in coming weeks.

  • Deutsche Bank launches 'big data' tool to rate companies' ESG profile

    25 April 2018

    A tool that uses 'big data' to rate 5,000 companies' performance on environmental, social and governance (ESG) factors has been launched by Deutsche Bank.

  • Time is ripe for pensions to increase climate focus, says law firm

    23 April 2018

    The "time is ripe" for pension fund trustees to move climate risk up their investment agenda, a report by law firm Pinsent Masons has said.

  • Fixed income investors need more ESG products, says Japan's GPIF

    20 April 2018

    Institutional investors are being constrained because of a lack of environmental, social and governance (ESG)-focused products for fixed income investors, a report co-published by the GPIF has claimed.

  • Norges Bank backs climate and water shareholder resolutions

    20 April 2018

    The advisor to the world's largest sovereign wealth fund has thrown its weight behind climate-related shareholder resolutions with energy companies Imperial Oil and TransCanada.

  • 'Big and boring' pension funds need development finance price to drop, says PGGM

    19 April 2018

    Development finance institutions (DFIs) aiming to meet the UN's Sustainable Development Goals must work harder to create more projects and drive their price down if they are to attract large investors like pension funds, according to PGGM.