ESG & Responsible Investing
As COP26 enters its second week, global asset managers are cautiously optimistic about the climate conference’s outcomes on key climate change priorities.
A survey conducted by Scientific Beta to collect market participants' views on its recent white paper '"Honey, I Shrunk the ESG Alpha": Risk-Adjusting ESG Portfolio Returns' received responses from investment professionals with roles such as portfolio manager, chief investment officer, director of investment strategy research, head of asset allocation, head of ESG research, ESG analyst and research analyst.
MetLife Investment Management-Norges Bank Investment Management-New York State Common Retirement Fund JV achieve 5- Star GRESB ratings
Two MetLife Investment Management (MIM) real estate partnerships with Norges Bank Investment Management and New York State Common Retirement Fund have achieved 5-star ratings from Global Real Estate Sustainability Benchmark (GRESB), which also recognised the partnerships as “Sector Leaders” for the second consecutive year.
Intercontinental Exchange is to launch four new index futures contracts based on the MSCI Climate Paris Aligned Indices. Subject to regulatory approval, the contracts are expected to launch in January 2022 on ICE Futures US.
New Capital, an EFG Company, has launched the New Capital Sustainable World High-Yield Bond Fund (Fund) to complement its established, high-conviction global credit product range.
BT Funds Management NZ commits NZD200m to new Paris-Aligned Climate and Sustainable Investing Strategy
BT Funds Management (BTNZ), which is Westpac NZ’s KiwiSaver and managed investment arm, has now committed NZD200 million to a new Paris-aligned climate investing strategy managed by Legal & General Investment Management (L&G).
The Financial Conduct Authority has refreshed its ESG (Environment Social and Governance) Strategy, to help support the transition to a more sustainable future.
The Trium Sustainable Innovators has launched the Leonie & Norman Institute, a new think tank focused on advocating ESG best practice within the asset management industry.
The FCA has published a Discussion Paper inviting views on potential criteria to classify and label investment products aimed at helping consumers navigate their sustainability characteristics.
Irish Funds has welcomed the IFRS Foundation's plan to establish an International Sustainability Standards Board (ISSB) with the objective to set globally consistent and comparable sustainability reporting standards.