BNP Paribas closes ecological fund at €172m

Account for 'stranded asset' risks alongside transition plan rules, EU advised

The EU should create a framework to account for the depreciation of highly polluting assets "at risk of becoming stranded" to help financial institutions assess the credibility of transition plans, it has been told by advisers.

'First-of-its kind' sustainable infrastructure label launched

Ninety One adopts impact label for global equity fund

Manulife IM: We need to separate nature from climate to boost flows

Nature should be kept separate from climate to help scale up private capital flows, according to Manulife Investment Management chief sustainability officer Brian Kernohan.

Allianz, EIB closes 'biggest' equity blended finance fund at €450m

Allianz Global Investors has held a final close for its blended finance equity fund with the European Investment Bank, having secured €450 million ($468.2 million) in capital commitments.