News

  • EIB boosts size of Climate Awareness Bond to €2bn

    19 February 2014

    The European Investment Bank has increased the size of its euro-denominated Climate Awareness Bond by a further €500 million ($ 687 million) taking its total size to €2 billion.

  • Wheb fund reaches €100m first close, makes first investment

    18 February 2014

    Wheb's third private equity fund has raised €100 million ($137 million) and made its first investment.

  • Althelia Climate Fund makes first investment

    18 February 2014

    Althelia Ecosphere's fund focused on supporting sustainable land-use and ecosystem services has committed to its first investment.

  • BlackRock to wind up New Energy Investment Trust

    17 February 2014

    The shareholders of BlackRock New Energy Investment Trust have voted to wind up the company and cash out their stakes.

  • ESG approach is compatible with smart beta strategies, says fund manager

    17 February 2014

    Investors can incorporate environmental, social and governance (ESG) considerations within a 'smart beta' strategy without incurring lower returns, says AXA Investment Managers.

  • Asset manager makes fund family fossil fuel-free

    14 February 2014

    A responsible investment firm has announced that its fund family will be entirely fossil fuel-free, after deciding that natural gas is no longer a responsible investment.

  • Oekom expands as asset managers demand broader ESG research

    14 February 2014

    Sustainability ratings firm Oekom is in the process of hiring nine new analysts, as it expands the universe of companies it covers in response to growing demand from asset managers.

  • DNV pulls out of CDM verification, in 'sign of market collapse'

    13 February 2014

    DNV GL is to stop providing validation and verification services for the Clean Development Mechanism and other international climate change mitigation projects, in a stark sign of the "steady collapse" of the world's only global carbon market.

  • Terra Firma's head of renewables fundraising 'asked to leave'

    13 February 2014

    Terrra Firma head Guy Hands has reportedly shown the door to the executive in charge of raising capital for its planned $2 billion renewables fund.

  • AXA IM to update its ESG framework for sovereign debt

    13 February 2014

    AXA Investment Managers is to update its environmental, social and governance sovereign debt scoring framework.