Archive

'So many taxonomies' in APAC is a 'necessary evil', says Sustainable Fitch

The growing number of sustainable finance taxonomies across the Asia-Pacific region is creating complexity for investors and issuers, but market participants argued that this is an unavoidable phase, as countries pursue different pathways to decarbonisation.

Impax AUM fall as it updates on Impax Environmental Markets

Impax Asset Management's assets under management fell by £3.8 billion ($5.1 billion) during the first three months of the year, driven by outflows from institutional investors.

Impact investors in $114m ecosystem restoration fundraise

Shareholders back exit from Impax Environmental Markets

Most shareholders in London Stock Exchange-listed Impax Environmental Markets have chosen to exit the closed-end fund following a vote designed to placate activist investor Saba Capital.

Activist Saba rejects Impax Environmental Markets tender offer

US activist investor Saba Capital Management rejected a 'share tender offer' by the £982.9 million ($1.3 billion) Impax Environmental Markets (IEM) after calling for investment manager Impax Asset Management to pay costs.

Adaptation can become as important for investors as the transition, says Impax

Growing awareness of physical risks is fuelling investor interest in adaptation, says Impax Asset Management, which believes the theme could become as important as the energy transition.

Being on the wrong side of deforestation poses significant risks, says Impax

More investors are considering the potential impact of deforestation risk on their portfolios as new regulations aimed at addressing the issue come into force, according to Impax Asset Management.

Labelled bonds not worth the 'bother' for some US corporates, says Impax

The depressed state of the US sustainable bond market is expected to continue this year, predicts Impax Asset Management.

Impax plots first active ETF for US market, further launches

Impax Asset Management intends to enter the US active exchange-traded fund (ETF) market in the New Year, with potential plans to use the vehicle for existing strategies and for launching new ones.

'DEI greenhushing likely to focus investor engagement in US'

"Greenhushing" by US companies on sustainability issues including diversity is likely to mean investors focus their stewardship efforts in the country, according to UK-based asset managers.