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Global issuance of green bonds tops $100 billion to date in 2019

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUN 2019  |  NEWS
More than US$100 billion in green bonds has been issued in the first half of 2019, according to the Climate Bond Initiative. Sean Kidney, CEO, Climate Bonds Initiative "This is the first time this key milestone has been reached in the first half the ...

Fidelity International develops proprietary sustainability ratings system

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
Fund Manager Fidelity International has developed a proprietary sustainability ratings system applicable to equity and fixed income assets. Jenn-Hui Tan, head of capital markets and corporate governance at Fidelity International. The system covers Fidelity's ...

NSW government to issue a second Sustainability & Social Bond

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
The NSW Government announced that it will issue a Sustainability & Social Bond later this year. NSW Treasurer Dominic Perrottet New South Wales became the first state to establish the Sustainability Bond Programme in 2018 and successfully raised $1.8 ...

MSCI creates Climate Change Indexes tilted to low carbon transition

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
... French utility company, has adopted the MSCI Climate Change Indexes as part of the company's â,¬28.1billion dedicated assets fund for secure financing of long-term nuclear commitments related to nuclear plant decommissioning expenses and long-term ...

AllianceBernstein launches Australian low-carbon equities strategy

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
... equities The AB Managed Volatility Equities�Green (Green MVE) strategy is based on the AB Managed Volatility Equities Fund, and "brings a greater focus to exploiting the typically low-carbon characteristics of many low-volatility stocks," ...

Pengana WHEB Sustainable Investing Impact Report identifies positives

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
... Capital Group Limited has a strategic agreement with WHEB Asset Management (WHEB) to manage the Pengana WHEB Sustainable Impact Fund. The fund holds 50-70 stocks, with a typical holding period of four to seven years. It only invests in companies that ...

UCA Funds Management rebrands as U Ethical, seeks growth, clients

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
UCA Funds Management has rebranded as U Ethical, emphasising the fund manager's history of ethical investing while reaching out to connect with new potential investors, according to CEO Mathew Browning. The brand renewal process began a year ago. "It ...

Insight Investment applies traffic light analysis to green, impact bonds

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
Global asset manager Insight Investment has applied a traffic light score to impact bonds, and found that "many of the instruments coming to market fall short of minimum standards for sustainability." Josh Kendall, senior ESG analyst, Insight Investment ...

Factor investing such as ESG strategies can be wise approach: AXA IM

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
... for impact investing is driving the conversation in Australia in particular. AXA IM manages the Australian domiciled pooled fund, AXA IM Sustainable Equity Fund - "a fully integrated ESG equity fund offering local investors a more efficient way of capturing ...

Impact Investment Partners on Indigenous Infrastructure Investment Fund

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
Impact Investment Partners has launched the Indigenous Infrastructure Investment Fund, a direct investment vehicle to fund infrastructure in Indigenous communities. Chris Croker, managing director, Impact Investment Partners The goal of the Indigenous ...