Archive

  • CT responsible strategy sells down CrowdStrike following 'embarrassing' outage

    23 July 2024

    Columbia Threadneedle's Responsible Global Equity Strategy trimmed its position in CrowdStrike following the "bluescreen of death" debacle last week but said the investment case has not been eradicated.

  • Impax to acquire SKY Harbor's European assets in fixed income push

    10 July 2024

    UK-based Impax Asset Management has agreed to acquire the European assets of US fund manager SKY Harbor as part of the ongoing expansion of its fixed income capabilities.

  • Controversial ExxonMobil lawsuit dismissed

    19 June 2024

    The Texas District Court has dismissed a lawsuit by oil and gas giant ExxonMobil described as an "attack on shareholder democracy".

  • UK climate tech start-ups face 'valleys of death'

    14 June 2024

    UK climate tech start-ups will need more support if the country is serious about the transition to a low-carbon economy, panellists at a Barclays roundtable said.

  • Head of Green Finance Institute calls for 'forceful stewardship'

    12 June 2024

    The head of the UK's Green Finance Institute has called on investors to be "forceful" in their engagement with companies.

  • Investor group backs SEC over courts for shareholder rights

    29 May 2024

    A group of 39 investors representing combined assets under management of $5.2 trillion have backed the Securities and Exchange Commission (SEC) to continue as the preferred arbiter of shareholder proposals in the US.

  • Averon Park plots acquisition of Foresight Sustainable Forestry Company

    29 May 2024

    Sustainable infrastructure investor Averon Park has made a bid to acquire and take private London-listed timber investor Foresight Sustainable Forestry Company in a cash deal valuing the company at £167 million ($212.3 million).

  • 'No head in the sand' for net-zero investment at global asset managers, says Amundi

    28 May 2024

    French asset manager Amundi said global asset managers in Europe must ensure their net zero commitments do not drive them to put their "heads in the sand" about their global transition impact, whilst emerging markets should be "front and centre" of sustainable strategies.

  • New York State pension fund looks to ramp up climate investments

    16 May 2024

    The New York State Common Retirement Fund has revealed to an Environmental Finance conference that it intends to scale-up its sustainable investments from an existing $22 billion to $40 billion.

  • BNP Paribas to halt participation in oil and gas conventional bond issuance

    14 May 2024

    French bank BNP Paribas has signalled that it will refrain from participating in conventional bond issues for companies in the oil and gas sector at its annual general meeting.