EdenTree Investment Management, a responsible and sustainable investment manager with a strong heritage of delivering profits with principles, has appointed Andy Clark as its new CEO.
ESG & Responsible Investing
Divestment is the last resort for responsible asset owners seeking to create change, says Storebrand
Several large European banks including BNP Paribas, Credit Suisse, ING, Natixis, Rabobank, and UBS made the headlines earlier this month when environmental groups alleged that they had financed some USD10 billion of oil trading from the Amazon rainforest over the past decade, despite its deleterious impact on the environment and the livelihoods of the indigenous peoples in the region.
Impax Asset Management (Impax), a specialist asset manager investing in the transition to a more sustainable economy, has appointed Paul French as Corporate Communications Director.
Taiwan Depository & Clearing Corporation (TDCC), the central securities depository of Taiwan, has launched a new solution, the Taiwan ESG Dashboard, to help issuers and investors access ESG ratings of Taiwanese companies.
Brookfield Asset Management has appointed former Bank of England and Bank of Canada governor Mark Carney as a Vice Chair and Head of ESG and Impact Fund Investing.
HSBC Global Asset Management is making its first foray into ‘natural capital’, with plans to launch a new asset management firm dedicated to investing in natural assets in partnership with specialist climate change advisory and investment firm Pollination.
Nine out of 10 bankers believe that sustainability will become more important to private investors over the next five years. Around 65 per cent believe that we will already see this in the next 12 months.
Over half of European pension funds say they now actively incorporate climate change-related factors into their allocations when making investment decisions.
Morgan Stanley Investment Management (MSIM) has launched the Morgan Stanley Funds (UK) OEIC Developing Opportunity Fund.
Fitch Ratings has assigned the Northern Trust Global Funds' Sterling Conservative Ultra Short ESG Fund a Fund Credit Quality Rating of 'AAf' and a Fund Market Risk Sensitivity Rating of 'S1'.