News

EU Green Bond Standard could hinder market growth, warns ICMA

The International Capital Market Association (ICMA) has warned that aspects of the EU's planned green bond standard could drive up costs and hinder the market's growth.

Impact Investing Institute launches principles for pension trustees

The UK's Impact Investing Institute has developed principles for pension trustees intended to give an 'accessible, practical insight' into the field as well as steps they can take to develop an investment strategy.

Investor in impact managers makes four hires

Zamo Capital has recruited four private equity investment specialists, including former executives at Morgan Stanley, Aberdeen Standard and BlueOrchard, to its leadership team.

Tideline launches impact verification business

US-based consultancy Tideline has launched BlueMark, a separate business to provide 'verification' of investors' claims of positive impact.

People Moves, 2 October: Robeco; Context Labs; Sumitomo Mitsui; Qontigo; Deutsche Bundesbank; RPMI Railpen; Hamilton Lane; Savills IM; Global Coalition for Animal Welfare

Equator Principles criticised for continued prioritisation of developed nations

The fourth version of the Equator Principles has come into effect, yet is already facing criticism from NGOs for an 'arbitrary' distinction between developed nations financing approaches and those in emerging markets.

EIB targets €250m circular bioeconomy fund after €82m first close

The European Investment Bank's (EIB) private equity-focused circular bioeconomy fund has raised €82 million ($96 million) at first close, with the fund targeted to raise around €250 million.

Dutch impact investor raises €55m for second fund

Social Impact Ventures has raised €55 million ($64 million) at first close of its second impact fund and has rebranded as Rubio Impact Ventures.

Pimco launches climate bond fund

Fixed income investment giant Pimco has launched a Climate Bond Fund that will invest in labelled and unlabelled green bonds.

Large numbers of Europe-listed companies 'less than 1% aligned' with EU taxonomy

About 77% of a sample of 75 Europe-listed companies have an 'alignment level' with the EU's taxonomy of sustainable activities that is equal to or lower than 1%, according to a study by ISS ESG and German thinktank adelphi.