Capital raised by clients of UK-based social impact investment intermediary ClearySo surpassed £100m ($143.2m, €128.7m) this month, with £60m coming directly from the company’s network of institutional and high-net-worth individual investors.
Environmental markets-focused investment manager Impax Asset Management has launched the Impax Environmental Leaders Ireland Fund under the company’s existing Irish Ucits umbrella structure.
US funds giant BlackRock has launched a sustainable bond exchange-traded fund (ETF) in response to growing demand for investments that incorporate environmental, social, and governance (ESG) factors.
The UK’s Financial Conduct Authority (FCA) has launched a public consultation on how well the social investment market regulation is functioning.
Environmental, social and governance issues are failing to influence fund managers’ decision-making, despite the growing awareness of ESG-related problems, according to a new report from Hermes Investment Management.
Morningstar plans to provide environmental, social and governance ratings for both mutual funds and ETFs by the fourth quarter of the year, it said on Thursday.
Environmental, social and corporate governance, or ‘ESG’, is becoming increasingly fashionable, said Hermes’ Rhodri Mason, but ESG is a far cry from what he considers to be the real long-term game-changer: stewardship.
Hermes will focus on increasing its business in Asia and the US in order to further a 243% increase in third party assets over the last five years, according to its global head of business development.
French fund manager Amundi is to target carbon footprint-conscious investors with the launch of three low-emissions investment vehicles.
Ask the average money manager for an honest view of “Responsible Investment” or “Environmental, Social, Governance (ESG)” – and they’ll either tell you it’s hippy stuff with no commercial value, or that it’s a niche interest which has done little to change their investment processes.
Axa Wealth International has seen funds under management grow by nearly £0.5bn throughout the first quarter of 2015, as the wider Axa Wealth group records across-the-board growth.
Non-French residents will no longer have to pay social charges on unfurnished rental income or capital gains on French property after the taxes were ruled as “discriminatory” by the European Court of Justice.
