News

Nomura, American Century launch EM impact fund

Nomura Asset Management and American Century Investments have launched an impact listed equity fund to invest in emerging markets, which has $5 million in seed funding.

Bonds round-up: Vattenfall, Prudential Financial, VW, OCBC ... and more

UBS: Oil price crash will encourage banks to back away from sector

The current oil price crash will encourage banks to reduce their exposure to the fossil fuels, UBS believes.

Church investors toughen ESG shareholder voting policy

As annual general meeting (AGM) season approaches, the Church Investors Group (CIG) has announced a toughened stance on environmental, social and governance (ESG) issues when considering shareholder voting decisions.

Zurich ups impact investments to $4.6bn

Zurich Insurance Group has grown its impact investments to $4.6 billion - an increase of about $800 million, or 20%, in 2019.

S&P launches index linked to EU carbon allowances

S&P Dow Jones has launched an index that it says will provide investors with an investment performance benchmark for European carbon emission allowances.

EU carbon market update: 9 March 2020

The coronavirus outbreak has added to the headwinds facing the EU Allowance market and any hint of upside is likely to find willing sellers, says Tom Lord*.

WCI Carbon Market Update, 9 March 2020

The outlook for California Carbon Allowances remains bullish but the coronavirus outbreak could have a significant negative impact on prices if the situation deteriorates, says Nicolas Girod*.

Role of ESG in credit risk analysis is growing, despite data drag

Environmental, social and governance (ESG) investing is becoming more "mainstream" and playing a growing role in credit risk analysis, said a report from S&P Global Market Intelligence.

Japanese utility joins third GIG Taiwanese wind farm project

Macquarie's Green Investment Group (GIG) and German utilities company Energie Baden-Württemberg (EnBW) have sold a 43.75% stake in the Formosa 3 offshore wind farm to Japanese utility JERA for an undisclosed sum.