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Climate Bonds Initiative, UNEP-FI launch European Green Securities Steering Committee

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUL 2017  |  NEWS
... further issuances of green asset-backed securities and covered bonds in well-established markets Coordinate and encourage investor demand (source: EGSCC) "Coordination on the 'green' debate at the European level is essential; this diverse group will ...

Pengana selects WHEB Asset Management to manage Hunter Hall Global Deep Green Trust

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
Pengana Capital Group Limited has entered into a strategic agreement with WHEB Asset Management (WHEB) to manage the Hunter Hall Global Deep Green Trust. Russel Pillemer, Pengana chief executive officer Pengana's recent merger with Hunter Hall Limited ...

Task Force on Climate-related Financial Disclosures releases final report

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
... reporting on material climate change risks will accelerate this trend", said Emma Herd, chief executive officer of the Investor Group on Climate Change. The TCFD's final report is "an important and useful step forward," said Adrian Orr, chief executive ...

Climate Bonds Initiative analyses disclosure of use of proceeds

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
The majority of issuers of green bonds are providing "a degree" of public information about use of proceeds, according to a report from The Climate Bonds Initiative. Sean Kidney, CEO, Climate Bonds Initiative The report, Post Issuance Use of Proceeds ...

Nuveen launches two new ESG exchange traded funds

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
... with a total of US$70 million invested. There has been wide interest in the ETFs in the US, O'Brien said. "Increasing investor interest in ESG focused products has been seen across investor type from retail to HNW to institutional," O'Brien said. "Our ...

Social Ventures Australia launches $7 million Resolve Social Benefit Bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
Social Ventures Australia (SVA) has gathered $7 million in capital to fund a social benefit bond to fund a program addressing mental health services. Elyse Sainty, SVA director impact investing The Resolve Social Benefit Bond (Resolve SBB) will fund ...

BNP Paribas Asset Management launches Environmental Equity Trust

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
BNP Paribas Asset Management Australia has launched the BNP Paribas Environmental Equity Trust. The trust is a "true to label" vehicle that is based on the investment thesis that "population dynamics, resource scarcity, inadequate infrastructure and ...

PRI, Willis Towers Watson partner on megatrends and impact on financial system

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
The PRI and Willis Towers Watson will collaborate on a project to produce a report on megatrends, their impact on the financial system and the risks and opportunities for investors in terms of asset allocation, portfolio management, integration and ...

Man Group appoints Steven Desmyter head of responsible investment

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
... Mitchell has written and presented widely on sustainable investment and social-political issues, including in Institutional Investor, London Review of Books, Global Times, Aftenposten and most recently as contributing author in Sustainable Investing ...

Will Australia adopt the Task Force on Climate-related Financial Disclosures recommendations?

RACHEL ALEMBAKIS  |  FRIDAY, 16 JUN 2017  |  NEWS
The G20 Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD) is preparing its final recommendations, which will be presented to the G20 Leaders' Summit in July. As the TCFD considers the final draft of the TCFD guidelines ...