Why bond funds just had their best month in five years August 20, 2024 Bond funds just recorded their highest monthly inflows in the last five years, as investors flocked to the safe havens in anticipation of the market crash in August. European investors poured €32.3n (£37bn) into fixed income funds during July, data from Morningstar revealed. “This surge reflects a strong appetite for fixed-income strategies amidst varied global [...]
Blackbaud: CSR and ESG has evolved with focus on authentic impact August 20, 2024 City A.M. sat down with Andrew J. Troup, the director of corporate giving and engagement strategy at Blackbaud, to find out what he anticipates the future of social impact will look like.
Meet the fund managers: ESG investing across the globe August 12, 2024 In this new weekly series, investment reporter Elliot Gulliver-Needham sits down with a fund manager for a Q&A. This week, we’re hearing from Geir Lode, lead portfolio manager on the Federated Hermes Global Equity ESG fund. How does your fund stand out from others in the same market? As a firm and as a team [...]
Net zero depends on economic growth – so the City must lead the charge August 12, 2024 Sustainability and economic growth are two sides of the same coin, which is why the City must lead the charge to net zero, writes Chris Hayward In 100 days, global political, business, and climate leaders will have gathered in Baku, Azerbaijan, for COP29. The annual COP meeting is the culmination of a year of hard [...]
The Debate: Should B Corps cut ties with fossil fuel companies? July 25, 2024 City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with fossil fuel companies? Is it delusional to pretend that fossil fuel companies meet the B Corp standards, or is it unrealistic to shun companies like [...]
Havas London stripped of B Corp status after Shell investigation July 18, 2024 Top advertising agency Havas London has been stripped of its B Corp status after an official investigation found the work its sister agency does with Shell was a "breach of the B Corp community's values".
Blackrock needs to ‘face up’ to role in promoting ‘dangerous ESG placebo’, ex green investment chief argues July 14, 2024 Writing in City A.M. over the weekend, Fancy, who was formerly chief sustainable investment officer at Blackrock criticised Larry Fink for his "vacuous promises" on ESG.
Asset manager Redwheel buys £1.1bn sustainable investor Ecofin July 11, 2024 Asset manager Redwheel has moved to expand into the US with the buyout of sustainable asset manager Ecofin for an undisclosed price.
ESG-focused Impax builds out fixed income offering with new fund acquisitions July 10, 2024 Ian Simm, founder and chief executive of Impax said: "This transaction marks an important milestone in our strategy to expand Impax's fixed income capabilities globally".
General Election 2024: Can Labour really hit net zero? June 27, 2024 With the election just one week away, Labour’s pledge to “make Britain a clean energy superpower” has sparked a debate on whether or not their net zero scheme is actually achievable. Sir Keir Starmer revealed that Labour’s transition team is considering setting up an office for Net Zero, should they win the election, in order [...]