News

• Cat bond market hits record highs despite Covid-19 hit

  28 April 2020

  The first quarter of 2020 saw record levels of catastrophe (cat) bond issuance in the insurance-linked securities (ILS) market, despite the impact of the Covid-19 pandemic, according to an Aon Securities report.

• 'Greenwashing' is a major challenge for 2020, warns LGIM

  27 April 2020

  Greenwashing "will be one of the biggest challenges to asset managers in 2020," according to Sacha Sadan, director of investment stewardship at Legal & General Investment Management (LGIM).

• EU carbon market update: 27 April 2020

  27 April 2020

  Compliance buying comes to an end this week, leaving Redshaw Advisors with a bearish view of the market, says Tom Lord *

• Mapfre launches guaranteed mutual fund to finance healthcare equipment

  27 April 2020

  Underlying asset is COVID-19 muni bond and fund guaranties 3% return over three years

• KKR to pay $200m for Indian solar energy assets

  27 April 2020

  US alternatives giant KKR has agreed to pay INR15.54 billion ($204 million) to acquire five Indian solar energy assets from developer Shapoorji Pallonji Infrastructure.

• NYC pension fund calls on insurers to divest from coal

  27 April 2020

  The New York City Comptroller, who oversees the city's $218 billion pension fund, has called on three major US insurers to stop insuring and divest from coal.

• WCI Carbon Market Update, 27 April 2020

  27 April 2020

  California Carbon Allowances are expected to remain near their floor price of $16.68 for the near future, after further modest gains last week, says Nicolas Girod*

• Use our Taxonomy as a framework for economic recovery, urges EU's TEG

  27 April 2020

  Policy makers and the private sector have been urged to use the tools developed as part of the EU's sustainable finance action plan to guide the rebuilding of economy following the coronavirus (Covid-19) crisis.

• HSBC raises 2020 estimate for social, sustainability bond issuance

  27 April 2020

  HSBC expects issuance of social and sustainability bonds to reach between $100 billion and $125 billion this year - an increase of $25 billion on its previous estimate - because of the market's response to the Covid-19 virus.

• EU regulators mull ESG disclosure rules

  27 April 2020

  The three European supervisory authorities have issued a consultation paper seeking input on proposed environmental, social and governance (ESG) disclosure standards for financial market participants and products.