Yannik Bofinger of the University of Giessen explains why fund managers risk looking like they have inferior investment skill when they choose to invest sustainably. As a result, he calls for a new and more holistic approach to evaluate fund investment skill.
The Loan Market Association and The European Leveraged Finance Association have published a best practice guidance to sustainability-linked leveraged loans.
State Street Global Advisors has launched the SPDR Bloomberg SASB Corporate Bond ESG Select ETF.
MSCI has launched the MSCI Climate Paris Aligned Index Suite.
T. Rowe Price has released its first Sustainability Report, addressing the firm’s initiatives to promote economic, social, and environmental sustainability.
Polar Capital has appointed Alexander Macdonald as its Group Head of Sustainability.
BlackRock has launched its first ESG Asian corporate bond fund.
Alliance Bernstein has made two hires to its responsible investing platform.
50% of European mutual funds will be ESG by 2025 says PricewaterhouseCooper’s.
State Street Global Advisors will launch a US and a Euro ESG fixed income ETF.