NY Fed: Climate risk 'unconditionally reflected' in credit ratings, spreads
Climate risk related to regulation and environmental performance is "unconditionally reflected" in the credit ratings and pricing among US corporates, according to research by the New York Federal Reserve.
Include proxy voting in Morningstar sustainability ratings, Pax urges
Morningstar should include in its sustainability ratings information on how funds vote their shares in line with advice from proxy voting firms, Pax World Funds has said.
Impax reports 72% rise in AUM for year ended 30 September
Impax Asset Management has celebrated its 20th anniversary by posting a 72% increase in assets under management (AUM) for the 12 months to 30 September.
Impax attracts £286m from UK wealth manager
Impax Asset Management has been selected by UK wealth manager St James's Place to manage its £286 million ($376 million) Sustainable and Responsible Equity fund.
Impax closes NEF III private equity fund with €357m
Impax Asset Management has announced the final close of its NEF III fund, which will make private equity investments in renewable energy infrastructure, having raised €357 million ($422 million).
Impax assets rise to £11.3bn with acquisition of Pax
Impax assets surge to £8.2bn
UK-based Impax Asset Management has continued its run of stellar growth, after its assets under management (AUM) surged to £8.2 billion ($11 billion), a quarter-on-quarter increase of 13%.
£2.1bn of inflows grow Impax assets by 61%
A 61% growth in assets in the year ended 30 September has been reported by Impax Asset Management, with the firm now managing £7.26 billion ($9.54 billion).
Impax to acquire sustainable investment firm Pax
UK-based asset manager Impax is to acquire US firm Pax World Management, for an initial sum of $52.5 million, to grow its sustainable investment portfolio.
Shareholder engagement spurs AB InBev to commit to 100% renewables
Anheuser-Busch (AB) InBev, the world's largest brewer, has signed up to the RE100 initiative, following extensive shareholder engagement.