Legal & General Group’s alternative asset platform, Legal & General Capital (LGC), has hired Alex Wharton as managing director for distribution and partnerships. Wharton is tasked with supporting the delivery of LGC’s strategic growth, enabling purpose-driven capital partners searching for private markets solutions to invest alongside LGC in alternative asset classes and partnerships that drive … Read more
A new era of ESG measures are areas at the top of the agenda at asset manager Allianz Global Investors (Allianz GI), who recently outlined their sustainability journey and thoughts for the future at a conference. Alongside impact investing, transition finance, rising climate costs and the role of sovereign funds, Allianz GI’s team expressed interest … Read more
The Finance for Biodiversity (FfB) Foundation has published a guide for financial institutions, explaining how financial institutions can manage biodiversity and climate nexus in their investments and lending. The guide, titled Unlocking the biodiversity-climate nexus, which was presented at the European Business and Nature Summit (EBNS) in Milan on the 11-12 October, was written by … Read more
The headlines rarely make for comfortable reading, whatever your particular interest, but for those of us who worry constantly about climate change the latest reports on September’s weather, and July’s, and August’s, is hard to digest. Yet again another set of records for each month. What stood out about September’s weather is that the jump is … Read more
Just last month, Hong Kong was hit by an exceptionally heavy rainstorm, which prompted the government to issue the Black Rain warning signal for a record breaking 16 hours. Authorities said that more than 158 millimetres of rainfall was recorded by the Hong Kong Observatory in the hour after the warning was raised, the highest … Read more
The sixth and final status report from the Taskforce on Climate-related Financial Disclosures (TCFD) has been published ahead of their work coming to a close, highlighting steady momentum in companies disclosing climate information. However, the taskforce called on companies to advance their progress to improve data and spur on investment On average for the 2022 … Read more
Castlefield has hired a co-manager of its sustainable portfolio funds and platform models. Calum Wells joined the employee-owned financial and investment management business on 3 October to take up the position. In the new role Wells works alongside co-manager Simon Holman on the CFP Castlefield Sustainable Portfolio Growth fund and the CFP Castlefield Sustainable Portfolio … Read more
Tabula Investment Management has launched an ETF to invest in Paris-aligned euro-denominated ultra short investment grade corporate bonds. The Tabula EUR Ultrashort IG Bond Paris-Aligned Climate UCITS ETF from the European ETF provider meets the criteria of an Article 9 fund under the Sustainable Finance Disclosures Regulation (SFDR). It also provides “significantly lower” portfolio greenhouse … Read more
The sustainable investment industry is going through a “healthy workout period”, giving investors a chance to truly understand where the “different flavours of sustainability” sit within their portfolios, according to Regnan’s Tim Crockford. In this Green Dream video interview, the manager of the Regnan Global Equity Impact Solutions fund, a high conviction, diversified, global multi-cap portfolio, discussed … Read more
Stress testing investment portfolios for climate scenarios greater than 2C of warming is, in the main, futile. So, why are we doing it? Let’s look first at why it should be considered ineffective. When thinking about the risks of a changing climate, the standard unit of measurement is gross domestic product (GDP). A report in … Read more