News

BlackRock launches trio of ESG-focused funds

BlackRock has launched three environmental, social and governance (ESG)-focused exchange traded funds (ETFs) through its $2.2 trillion iShares platform, shortly after announcing plans to double its ESG funds by 2021.

New Bank of England governor to push to exclude fossil fuels from its bond purchases

The incoming governor of the Bank of England has pledged to prioritise conversations with the UK government about stopping buying bonds from fossil fuel companies as part of its quantitative easing (QE) programme.

Quona closes $200m financial inclusion fund

Quona Capital has reached a $203 million final close on its second financial inclusion fund, which will invest in emerging markets.

Bonds round-up: Cadent, Vena Energy, Standard Bank, New Jersey, IBank, Tohoku Electric ... and more

VW doesn't qualify for new DAX 50 ESG Index

A sustainability-focused version of the DAX index - a key benchmark for German stocks - has been launched, but automobile maker VW failed to make the cut.

Sustainalytics targets high-risk companies with 'material risk engagement'

Asian finance sector demands greater role in global ESG policy

Asian financial institutions should have more influence on international policies on environmental and sustainability issues, according to a regional trade association.

Major shareholder Jupiter supports Barclays fossil fuel funding resolution

Jupiter Asset Management has joined the swelling ranks of investors supporting a shareholder resolution calling on Barclays to phase out its funding for fossil fuel firms.

Coronavirus expected to trigger pandemic cat bonds

The current coronavirus disease (COVID-19) outbreak is likely to trigger payouts from pandemic catastrophe bonds issued by the World Bank's Pandemic Emergency Financing Facility (PEF), according to ratings agency DBRS Morningstar.

Green Bond Principles sets up three new workstreams

The Green and Social Bond Principles has established a workstream to explore whether to review its guidelines for external reviewers.