Sustainable bond fund performance struggles in 2022 market turmoil
After struggling to outperform, sustainable bond fund managers are hopeful the volatility of 2022 presents opportunities in 2023. Ahren Lester reports
Nuveen: Expect more 'debt-for-nature' deals after Barbados 'blue' bond
Nuveen expects more debt-for-nature deals as it confirms its anchor investment in the Barbados 'blue' bond, with the $1.1 trillion manager expecting 2023 to be key for the development of blended finance.
Sustainable bond fund assets dip to $34bn in 2022
Despite a bumper crop of fund launches and many established funds reporting robust net inflows, global sustainable bond fund assets fell more than 6% as tough markets dragged on performance. Ahren Lester reports
World Bank issues 'unique' carbon credit-linked bond
The World Bank has raised $50 million from an outcomes-based bond which links its coupon payments to verified carbon credits generated by a water purification project, described as a "unique" and "important" deal by investors backing the transaction.
No place for deep sea mining in blue bonds, say investors
Blue bonds should not be issued to finance deep sea mining, said investors at Nuveen and Franklin Templeton.
'The next blue bond will be in Asia', says Nuveen
IBRD issues innovative 'pay-for-success' rhino bond
The International Bank for Reconstruction and Development (IBRD) has raised $150 million from a ground-breaking 'pay-for-success' sustainable development bond to support rhino conservation in South Africa.
Investors forecast 'huge' growth for green ABS
Asset-backed securities (ABS) with a sustainability label have strong growth prospects in the coming year, investors from Europe and the US said.
Sustainability-linked bonds: One year after the principles - where to next?
Amid ongoing innovation and accelerating growth in 2021, where should the sustainability-linked bond market look next? Ahren Lester reports
Sustainability-linked bonds: One year after the principles - Part 1
One year after the Sustainability Linked Bond Principles were published, the target-based fixed income instrument is seeing issuance accelerate. Market participants warn, however, that some current issues lack substance. Ahren Lester reports