Archive

News Round Up: BlackRock, Lyxor, Aviva, Investment Association, Fidelity International, and more

AMF study identifies weaknesses in French institutions' TCFD reports

Financial institutions continue to struggle to report decision-useful information on how their overall strategy responds to climate change, according to an analysis of French financial institutions' Task Force on Climate-related Financial Disclosures (TCFD) reports.

Third of UK 'low carbon' funds contain oil and gas holdings

An investigation by think tank Common Wealth into UK funds with climate or low carbon themes has found over a third hold oil and gas producing companies.

BlackRock, Vanguard climate and social voting records continue to disappoint

Asset managers' proxy voting record on shareholder resolutions for climate and social issues continued to disappoint in 2020, according to a report by ShareAction, with US giants BlackRock, Vanguard and Capital Group among the worst performers.

BlackRock, DWS, Natixis show 'basic' commitment to ESG, says Morningstar

Morningstar has identified Vanguard and Lyxor among asset managers with a 'low' level of commitment to ESG topics, whilst BlackRock, DWS, Natixis and UBS were flagged for their 'basic' approaches.

News round-up: EU offshore wind push, muni green project fund, sovereign ESG data set ... and more

European Commission vice-president Frans Timmermans encouraged EU member states to use funds from the €750 billion Next Generation EU fund to make targeted investments in the space to "unlock the necessary private financial flows" to power the expansion.

News Round Up: Bezos Earth Fund, MSCI, GRESB, ETFs, and more

ESG ETF assets could hit over 3% of market by 2029, Morgan Stanley

Rapid growth of assets in environmental, social and governance (ESG)-focused exchange traded funds (ETFs) could see them hit almost $600 billion - equivalent to around 3.2% of the total market - by 2029, according to Morgan Stanley.

AgriFunds urged to improve natural capital risk disclosure

Food and agriculture funds have been urged to improve reporting on nature-related risks, after a report showed major investors in the sector were materially exposed to the financial risks associated with natural capital threats.

Lyxor plans to double voting activity in 2020

Lyxor Asset Management expects to exercise its voting rights at more than 400 general meetings on no fewer than 5,000 resolutions this year, representing a doubling of its voting activity in 2019.