Border to Coast Pensions Partnership (Border to Coast), one of the largest public sector pension pools in the UK with total assets of cGBP46 billion, has committed more than half a billion pounds in six Private Credit funds as it continues to provide new investment opportunities for its 11 local government pensions scheme partners.
Octopus Renewables, the specialist clean energy investor arm of Octopus Group, has announced the acquisition of two operational UK biomass power plants, with a combined capacity of 85.7MW, from a joint venture by Copenhagen Infrastructure Partners (CIP) and Burmeister & Wain Scandinavian Contractor (BWSC), in one of the largest deals of its kind in the UK.
Boutique asset management think tank New City Initiative (NCI) has rebranded to the Independent Investment Management Initiative (IIMI).
Economic restart and greater stability in US bond markets is likely to support investment in emerging market debt, according to BlackRock Investment Institute.
Nasdaq Dubai has welcomed the listing of a USD500 million perpetual Additional Tier 1 Sukuk, issued by the Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE.
Kinesis, a monetary system based on 1:1 allocated physical gold and silver, has announced the soft launch of PT Pos Indonesia’s physical gold-based digital Shariah product, PosGO Syariah.
Major sovereign wealth funds (SWFs) in Asia are seeking more co-investments in the low-interest-rate environment, amid a general trend towards greater insourcing.
More than five years on from the adoption of the Paris Agreement, the US is attempting to reassume leadership of the fight against climate change. By bringing together 40 world leaders for a virtual climate summit on 22 April, President Joe Biden is hoping to galvanise countries into action ahead of November’s UN Climate Change Conference in Glasgow.
Evenlode Investment, the Oxfordshire-based independent investment manager, is bolstering its global equity proposition with the launch of the TB Evenlode Global Equity Fund for UK investors (a sub-fund of the TB Evenlode Investment Funds ICVC), and its Irish-domiciled mirror fund, Evenlode Global Opportunities (a sub-fund of the Evenlode ICAV) for the European market.
Morrison & Co has appointed Gary Sugarman, Principal of Richfield Associates Inc, to drive its infrastructure investment activities in the digital sector.