Institutional Asset Manager: The report, published today, assesses supply chain sustainability through the lens of the investment manager. The research found that over eight in 10 (85 per cent) investment managers believe that businesses who do not implement supply chain sustainability initiatives will see share prices fall as a result over the next decade.
Financial Post: BlackRock, Fidelity and M&G are among 125 firms endorsed under Britain’s tougher best practice code to stop “greenwashing” by asset managers, though Schroders and 63 others failed to make the grade, the Financial Reporting Council said.
Institutional Asset Manager: The UK’s largest asset manager, Legal and General Investment Management (LGIM), has analysed the votes of individual members in its DC pension schemes.
Institutional Asset Manager: From 1 October, pension schemes with more than GBP5 billion in assets will be required to start reporting on the climate impact of their investments.
Funds Europe: Sarah Peasey is based in London and joins from Legal & General Investment Management (LGIM), where she was head of responsible investment strategy – investments.
Pitchbook: In the same week that Afghanistan's capital, Kabul, fell into the hands of Taliban militants, ushering in a new era of regional instability, two major deals in the defense sector also hit the headlines.
Hedge Week: The implementation of ESG metrics for regulated funds under the EU’s sustainability-focused SFDR framework remains a “work in progress” for many hedge funds and other asset managers, according to fund structuring and governance service provider Waystone.
Hedge Week: Structured credit is a “naturally ESG-friendly” asset class, owing to its focus on real asset financing, underlying loan transparency, and strict governance on structures, BlueBay Asset Management portfolio managers said this week.
BNN Bloomberg: The link between a hotter planet, loss of economic wealth and investment returns isn’t always well understood in ESG strategies, particularly those targeting developing markets, according to a report by the head of strategic research at Nordea Bank Abp.