Artemis appoints CT portfolio manager as head of impact equities

Artemis has hired Columbia Threadneedle (CT) portfolio manager Sacha El Khoury (pictured) as head of impact equities. In the newly created role, she will be responsible for developing Artemis’ impact investing capabilities while leading the firm’s Positive Future strategy. At CT, El Khoury was lead manager of the CT Sustainable Global Equity Income Strategy and … Read more

Companies not implementing shareholder resolutions

The Principles for Responsible Investment’s (PRI) stewardship team has issued a series of recommendations to shareholders to up the ante on corporates amid concerns companies are not following through with approved shareholder proposals. The team carried out research analysing 78 majority-supported shareholder proposals from the 2022 proxy season that focused on ESG issues or improving … Read more

Senate votes to block DOL ESG rule

The Senate has voted 50-46 to block the Department of Labor (DOL)’s ESG rule for retirement plans. In November, the DOL promulgated a regulation that allows plan fiduciaries to consider ESG factors when selecting investments. The measure replaced a Trump administration rule that critics said would have had a chilling effect on the use of ESG in retirement … Read more

Impact investment platform u impact and climate engagement fintech ecolytiq collaborate to catalyze climate action for private investors

Reading Time: 3 minutes   Berlin, 02.03.2023 – Sustainable investment solution provider u impact has joined forces with specialized green banking software provider ecolytiq to introduce innovative sustainable investment products to a wider branch of private investors. Through a combination of u impact’s interactive investment sustainability analysis and the ecolytiq Sustainability-as-a-Service® software, this partnership will … Read more

Engagement opportunities in Taiwan and Korea

Taiwan and Korea are both markets that are blessed with a number of companies for which potential change through engagement is central to the investment thesis, and in which there are therefore high-quality companies that are undervalued. This is not because of core fundamental deficiencies, but due to a deficit in terms of governance, capital … Read more

Demand for impact bonds causing weaker issuance

Although overall prospects for the impact bond market are brighter in 2023, we see early signs of a ‘two-tier’ market beginning to emerge, with growing competition for high-quality instruments at one end of the market and a widening pool of impact bonds with weaker profiles at the other. The market has since early years been … Read more

Fund in focus: Strong leadership buoys Fidelity sustainable Asia offering

In this series for ESG Clarity Asia, Morningstar dives into ESG funds available in Asia, analysing their investments, performance and ESG credentials. For this third article, Morningstar’s Claire Liang takes a look at the Fidelity Sustainable Asia Equity fund. Fidelity Sustainable Asia Equity is an excellent Asia equity proposition thanks to its experienced and savvy lead manager, well-resourced analyst team … Read more

Europe invests €4bn in sustainable African, Caribbean and Pacific businesses

Europe is boosting private sector investments in African, Caribbean and Pacific (ACP) countries by investing €4bn in projects and businesses in those regions until 2027. The European Investment Bank and the European Commission will lend €3.5bn, and contribute €500m to the ACP Trust Fund. The former will be lent through the European Fund for Sustainable … Read more

Green Dream with Redwheel’s Teahan: Understanding companies’ net-zero limitations

In this Green Dream video interview, John Teahan, lead portfolio manager of the Redwheel UK Climate Engagement Strategy, discusses the nuances of engagement including being respectful of the sectors companies are operating in and not making demands before divestment. He explains how the team’s research looks into the “pathways” that are achievable in each company’s … Read more