Archive

Exemption for asset managers in ESRS 'creates a reporting vacuum'

The EU risks creating a "reporting vacuum" that undermines investors' data needs if it proceeds with a proposal to exempt asset managers' reporting under the Corporate Sustainability Reporting Directive (CSRD), observers warned.

Storebrand and BNP to lead nature transition group

The Finance for Biodiversity Foundation is launching a nature transition working group in a bid to scale up capital flows towards companies reducing pressure on nature.

Investors may not replace 2030 targets, says Nordea AM

As 2030 approaches, many asset managers and owners may not replace their near-term sustainability targets, as they focus instead on longer-term goals, according to Nordea Asset Management.

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.

EU's simplified Deforestation Regulation could have 'catastrophic consequences'

The European Commission has published further details on the simplification of its anti-deforestation regulation, EUDR, but investors and stakeholders have criticised plans to remove leather from its scope.

Goldman Sachs: More clients asking us for water exposure

Goldman Sachs Asset Management says it is receiving more requests from existing and prospective clients for effective ways to add water exposure to their portfolios each year as awareness of the issues facing the sector grows.

GIB AM to close sustainable bond fund as owner backs Middle East refocus

London-based GIB Asset Management is to close its sustainable bond fund as it steps away from UK fund management activities and Bahrain-based parent Gulf International Bank (GIB) Group refocuses on the Middle East.

Nordea wins €1bn covered bond mandate from ABN AMRO

Impact investors in $114m ecosystem restoration fundraise

JP Morgan closes $57m sustainable bond ETF after three years

JP Morgan Asset Management (JP Morgan AM) is to shut down a $57 million short-duration green, social and sustainability bond-focused exchange-traded fund (ETF), just three years after launch.