News

• BMO to exclude fossil fuel companies from £1.56bn responsible funds range

  15 May 2017

  BMO Global Asset Management will exclude all companies with fossil fuel reserves from its Responsible Funds range, which has £1.56 billion ($2 billion) in assets under management.

• Erlandsson leaves AP4 for Granit Fonder

  15 May 2017

  Swedish asset management company Granit Fonder has hired Ulf Erlandsson as its new head of fixed income. He will take up his new post in August.

• UK departure from EU ETS would increase carbon prices - Sandbag

  15 May 2017

  Carbon prices in the EU Emissions Trading System (ETS) would slightly increase and emissions decrease if the UK were to leave the carbon market, according to a report by UK- NGO Sandbag.

• Oil companies beginning to act on climate change, says report

  15 May 2017

  Some of the largest global oil and gas companies such as Statoil, Eni and Total are beginning to act on climate change. However, laggards like ExxonMobil are considerably behind these companies, according to a report from major investors.

• People Moves: EEM, US SIF, GCX

  12 May 2017

  Wayne Sharpe has assumed the role of acting CEO of carbon markets exchange European Environmental Markets (EEM) after Adrian Rimmer stepped down from the position last week.

• Record inflows push Impax's AUM to £6bn

  12 May 2017

  Record inflows have helped push Impax Asset Management's assets under management (AUM) to £6 billion ($7.8 billion).

• Trump, standardisation and aggregation are obstacles to green bonds - Fitch

  11 May 2017

  The lack of comprehensive standards for green investments and mechanisms for aggregating small projects, as well as the retreat form climate change regulation under the Trump administration are the main hurdles to the growth of the green bond market, according to a report by Fitch.

• PRI launches hedge fund ESG questionnaire

  11 May 2017

  The UN-supported Principles for Responsible Investment (PRI) has launched a responsible investment due diligence questionnaire (RI DDQ) for the hedge fund industry, that they hope will foster better understanding of environmental, social and governance (ESG) issues.

• Latin America index best prepared for low-carbon transition

  10 May 2017

  S&P's Latin American index offers the best support for the transition to a low-carbon economy despite having scored badly on its carbon footprint, according to a new index measuring scorecard launched by S&P Trucost.

• Standard Life plans impact investment funds

  10 May 2017

  UK asset manager Standard Life Investments hopes to launch global and UK-focussed impact investment funds this year.