M&G Investments has launched an impact equity fund that invests in companies promoting better health and wellbeing.
ESG is now high on the agenda for more than half of trustee boards according to a survey from the Pensions Management Institute and BMO Global Asset Management.
Legal & General Investment Management has said it will divest from four companies due to insufficient action on climate change.
The Association of the Luxembourg Fund Industry says 11% of European assets under management are now in sustainable funds.
Fidelity Investments has launched five new actively managed ESG funds including mutual funds and ETFs.
Piyush Gupta, group chief executive of Singapore’s DBS bank, has said a tsunami of money is flowing into ESG assets.
JPMorgan says it has added state owned oil companies Petronas and Pertamina to a watchlist for removal from its ESG EMBI index.
Polar Capital has hired a team of four sustainable investment managers from Robeco.
State Street Global Advisors has launched the State Street Sustainable Climate Bond Funds.
Finnish pension Varma has invested €230m in State Street Global Advisors Sustainable Climate Corporate Bond funds.