New research with senior executives of UK based charities who collectively have around GBP3 billion in investible assets, reveals room for improvement when it comes to the services provided by investment management firms.
Charities & Endowments
Social investment firm Social and Sustainable Capital (SASC) has adde two to its team – Miki Vyse joins as SASC’s first Business Development Manager and Rahul Rattan as a Portfolio Analyst – making a total of 10 new recruits this year.
BlackRock has raised USD250 million from a consortium of ten institutional investors, governments and charities for its flagship ‘blended finance’ fund, which aims to help emerging market economies reduce carbon emissions.
Aberdeen Standard Capital (ASC) has announced its biggest charity strategic partnership to date by securing a CAF Financial Solutions Limited (CFSL) mandate of cGBP200 million.
CCLA launched annual report detailing progress on initiative to combat modern slavery in supply chains
CCLA Investment Management, a specialist manager for charities, churches and local authorities has the annual report for the first year of its Find It, Fix It, Prevent It programme which brings the investment community together with academics and NGOs to address modern slavery in supply chains.
SASC boosts team with the appointment of a Chief Portfolio Management Officer to support charity and social enterprise investees
Social and Sustainable Capital (SASC) has appointed Bernice Affat to the role of Chief Portfolio Management Officer to lead the portfolio team overseeing SASC’s investments.
State Street partners with youth charity Impetus to transform the lives of young people from disadvantaged backgrounds in the UK
Youth charity, Impetus, is partnering with State Street Corporation to provide support to local charities working with young people from disadvantaged backgrounds in the UK.
University of Cambridge & University of Oxford Colleges partner with Amundi on fossil-fuel free, low-carbon fund
Asset manager Amundi, Clare College, Cambridge, and Corpus Christi College, Oxford have partnered to develop a customised low-carbon ESG index fund that will be open to other charities and endowment funds.
Aberdeen Standard Investments has confirmed a new three-year charity partnership with London’s Air Ambulance, having supported the charity since 2012.
The Pensions Administration Standards Association (PASA), an independent body dedicated to driving up standards in pensions administration, has launched its new Cybercrime Guidance for Pension Administrators.