Lombard Odier Investment Managers (LOIM) has launched another themed strategy focused on electrification. The firm, which launched a New Food Systems and Plastic Circularity strategies last year and a Natural Capital Fund in 2020, has brought to market the Future Electrification product run by Paul Udall (pictured). He is supported by junior portfolio manager Peter … Read more
Many advice firms remain confused about the “art of sustainable investment”. Building sustainability into their advice is more difficult than it should be. Hopefully, regulation and industry momentum will rectify this in time. We all know, however, that time is most definitely of the essence. If clients want to retire into and travel around a stable, … Read more
A fifth of shareholders voted for a resolution at Shell’s AGM yesterday calling for the board to adopt climate targets aligned with the Paris Agreement, heralding cautious optimism from commentators as the company will now be required to report on ‘actions taken’. At a lively meeting in London disrupted by protestors, a climate resolution put … Read more
Fidelity International has hired its first head of stewardship for Europe in a newly created position. Emilie Goodall, who has nearly 20 years of experience in sustainable and impact finance, will take up the role, reporting into Jenn-Hui Tan, global head of stewardship and sustainable investing, and is based in London, England. In her role … Read more
Investors looking to reduce the biodiversity footprint of their portfolios are one step closer, with the release of the ISS STOXX Biodiversity Index Suite. Advisory firm Institutional Shareholder Services (ISS) and index creator Qontigo joined forces to build a suite of eight indices that screen companies deemed to inflict significant harm to biodiversity or that … Read more
In this series for ESG Clarity Asia, Morningstar dives into ESG funds available in Asia, analysing their investments, performance and ESG credentials. For this latest article, Morningstar’s Matias Möttölä takes a look at the BlackRock Global Funds-ESG Multi-Asset Fund. After being repurposed into an ESG fund in 2019, BlackRock’s ESG Multi-Asset has seen strong asset growth. At $7.2bn of assets … Read more
The traditional distinction between human needs and nature is a false dichotomy and has hampered effective action to protect the natural world. Humans have been reshaping and managing nature for thousands of years, establishing a deep interdependence between economic activity and natural systems. There now needs to be a recognition of this inseparable link between … Read more
The $70trn-backed Fairr investor network is once again targeting engagement at fast food companies, asking them to disclose a set of information related to antimicrobial resistance (AMR). The engagement will target 12 US fast food restaurant companies, many with a global reach, including McDonalds, Yum! Brands (owners of KFC and Pizza Hut) and Restaurant Brands … Read more
Federated Hermes has hired Andy Turnbull as a senior investment manager for the firm’s UK Nature Impact investment strategy, which will launch later this year. Federated Hermes said the blended finance strategy will seek to generate “attractive” returns by investing in “nature-positive” businesses across land, coasts, rivers, and sea in the UK. The strategy has … Read more
The focus of this year’s Earth Day was to persuade businesses, governments and citizens around the world to do more in investing in our planet. Reading Time: 5 minutes While Earth Day serves as a good occasion to highlight climate action, it cannot stop there. That passion and verve needs to be harnessed every … Read more