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BlackRock tackles discount on New Energy trust
28 June 2012Asset management firm BlackRock is to offer investors in its New Energy Investment Trust a cash exit in 2014 at the net asset value (NAV) of the fund – a move that should reduce the persistently large gap between the NAV and the market price, the company says.
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MSCI launches ESG portfolio reporting tool
28 June 2012MSCI has unveiled a tool to help fund managers and pension funds assess the environmental, social and governance (ESG) risks within equity portfolios.
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Oulton to leave Mercer
28 June 2012Will Oulton has been replaced by Aled Jones as Mercer's head of responsible investment for Europe, the Middle East and North Africa.
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VC clean-tech fund raises $300m
27 June 2012US venture capital (VC) investment firm Braemar Energy Ventures has closed its third fund at $300 million, it announced today.
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ESG risks make Felda IPO 'worse than Facebook' – Profundo
26 June 2012Investors in Malaysian palm oil firm Felda face poorly-disclosed environmental, social and governance (ESG) risks, according to Dutch economic research consultancy Profundo, which warns Felda's listing this week "may turn out worse than Facebook's".
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Forestry fund managers apply Sharia for Middle East edge
26 June 2012Two fund managers are marketing Sharia-compliant sustainable forestry funds to tap Middle Eastern investment.
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Brazilian emissions-efficiency ETF raises $500m
21 June 2012A Brazilian exchange-traded fund (ETF) that tracks carbon-efficient companies has attracted BRL1 billion ($502 million) in investment.
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Water disclosure rising, but so is the risk – Ceres
18 June 2012More US companies are disclosing information on water risk exposures following changes to filing requirements made by the US Securities and Exchange Commission (SEC) in 2010, according to a Ceres report released today, but more needs to be done, the investor and environmental coalition says.
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PRI to explore sustainability 'value-add' for private equity
15 June 2012The Principles for Responsible Investment (PRI) is studying how sustainability management can enhance private equity returns.
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CA Cheuvreux stays on top of Extel SRI research survey
13 June 2012Brokerage CA Cheuvreux has once more been voted best pan-European brokerage firm for sustainability research in the annual Thomson Reuters Extel survey, again pipping Bank of America into second place, while UBS climbed from fifth place to third.