News

Hong Kong launches green finance steering group

The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have established a Green and Sustainable Finance Cross-Agency Steering Group.

A fifth of Barclays investors back fossil fuel financing phase out

More than a fifth of investors in Barclays backed a shareholder resolution urging the FTSE 100-listed lender to outline a plan to phase out its financing for fossil fuel firms.

Emerging market green bond issuance jumps a fifth in 2019

Green bond issuance across emerging markets jumped a fifth in 2019, a report by Amundi Asset Management and the International Finance Corporation revealed.

People Moves 7 May; Morgan Stanley Investment Management, Sustainalytics, Pollination, HSBC

Domini launches impact mutual fund

Domini Impact Investments has launched an impact equity fund that will invest in areas including low-carbon energy, financial inclusion and healthcare.

Impax wins Canadian impact fund advisor mandate

Impax Asset Management has been appointed as sub-advisor for Northwest & Ethical Investments' CAD115 million ($79 million) impact fund.

Exclusive: BlackRock partners with Rhodium to model climate risk

BlackRock is to partner with research firm Rhodium Group to provide data on the physical impacts of climate change.

HSBC picks fixed income head for impact role

HSBC's asset management division is to create an impact investing strategy that will be led by its former banking head of environmental, social and governance (ESG) fixed income research.

Shortage of impact strategies "is hampering progress"

A dearth of impact strategies among European asset managers is stunting market growth despite a surge in demand that saw $2 billion in net new flows to impact mutual funds last year, according to Cerulli Associates.

Guidance documents issued to boost sustainable loan market

Leading loan market organisations have come together to produce two documents that aim to support the growth of green and sustainability-linked loans.