Asset managers are increasingly incorporating climate-risk into investment decisions, according to the Environmental, Social and Governance (ESG) survey conducted by Aviva Investors’ Multi-Manager Research team.

The Anti-Benchmark Strategies managed by TOBAM, founder of the Maximum Diversification approach, have all met Article 8 classification criteria under the EU’s new Sustainable Financial Disclosure Regulation (SFDR), reflecting the extent to which they promote environmental and social considerations.

A new study from the Pensions Management Institute (PMI) and BMO Global Asset Management finds that, as ESG has risen to the top of pension trustees’ agendas, most trustees are relying on investment consultants for their schemes’ adherence to sustainability goals.

ESG has soared in importance to become a “high” agenda item for more than half of pensions trustee boards (53 per cent) since the Department of Work and Pensions consultation on climate risks in August 2020, according to respondents to a survey from the Pensions Management Institute (PMI) and BMO Global Asset Management.

Cardano, a pensions risk and investment management specialist, which advises on over GBP16 billion of fiduciary management assets and an additional GBP45 billion under advisory in the UK, has published its default position on the road to net zero which will apply to all its fiduciary management mandates and liability driven investments going forward.

Schroders and BlueOrchard, an emerging markets impact specialist and a member of the Schroders Group, have continued their strong collaboration with the launch of a climate impact strategy targeting positive environmental change in emerging markets.

New Zealand asset manager Kiwi Wealth has collaborated with German index engineer Solactive to create a bespoke benchmark aligned with the asset manager’s own sustainability principles. 

Carmignac has secured ISR accreditation for three additional funds – Carmignac Portfolio Patrimoine Europe, Carmignac Portfolio Emergents and Carmignac Euro-Entrepreneurs.

BlackRock is to acquire and integrate Baringa’s industry-leading Climate Change Scenario Model into its Aladdin Climate technology. 

Foxberry is collaborating with Sustainalytics, a Morningstar company and a leading global provider of ESG research, ratings and data, to offer institutional investors access to a wide range of ESG information through the foxf9 platform.