Wealth managers expect ESG strategies to flourish
Two thirds of professional investors expect to allocate more money to ESG strategies in the next three years, Royal London Asset Management has found.
ESG
-
-
UBS Wealth launches sustainable portfolio
UBS Wealth Management has launched a cross-asset portfolio in Asia based on sustainable investing that aims to mirror the firm’s traditional strategies.
-
Surging green bond market suffers diversification problem
A letter from Insight Investment calling for greater green bond issuance from banks highlights the lack of depth in the green bond space, despite the market growing significantly over the last year and the first green bond funds reaching their three-year track record.
-
ESG strategy hits Norway’s sovereign wealth fund
Norway’s giant sovereign wealth fund has returned 1.6 percentage points less on an annualised basis over the last 12 years because it excluded some stocks on ethical grounds.
-
FCA leaves pension providers in the dark on climate risk
Pension providers have called on the Financial Conduct Authority (FCA) to provide clarity about their obligations in managing climate risk in contract-based pensions and for the regulator to better align itself with The Pensions Regulator, which oversees trust-based pensions.
-
Chinese environmentalism attracts Mirabaud
China’s push to clean up its environmental act has made it an attractive investment destination, Mirabaud Asset Management’s head of global emerging markets, Daniel Tubbs, tells International Adviser.
-
Eastspring commits to responsible investing
Eastspring Investments has strengthened its commitment to environmental, social and governance (ESG) investing after signing up to the United Nations Principles for Responsible Investment (PRI).
-
Generali to invest €3.5bn into ‘green’ sectors
Italy’s Generali Group is to increase investments in “green” sectors by €3.5bn (£3.1bn, $4.3bn) by 2020, mainly by ploughing money into bonds that finance environmentally beneficial projects and investing directly in cleaner infrastructure.
-
Environmental investing is suffering an identity crisis
More than £1bn of retail money flowed into ethical funds in 2017, representing the highest annual level of sales for this type of fund ever, but the sector’s progression is stifled by an identity crisis.
-
Neuberger blasts credit agencies over ESG failings
“Much more needs to be done” by the big three credit ratings agencies to incorporate environmental, social and governance (ESG) concerns into their issuer ratings, according to Neuberger Berman.
-
Why managers need to wake up to ESG threat
While the pace of change may differ between clients, for the future of ESG investments the only way is up. So, how at risk are the funds or wealth managers that do not manage to move to a full ESG-process across a client’s entire portfolio?
-
Fund selectors talk up ESG but slow to take action
Almost 60% of fund selectors believe environmental, social, and governance (ESG) strategies will become more integrated into portfolios, though most currently have low or no weighting towards these strategies, according to a survey.