- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Reyl launches subsidiary for impact investing

Asteria will allocate capital to companies that generate positive social and environmental benefits, looking to the UN’s 17 Sustainable Development Goals (SDGs) as its frame of reference.

ESG: how can clients avoid 'greenwashing'?

Transnational initiatives have also been put forward recently in an effort to both harmonise and clarify the nature, breadth and scope of ESG principles and assist multi-governmental efforts aiming to apply them domestically in a coherent manner.

Nordea selection head: ESG is 'integrate or die' issue for active managers

The fund selector referred to the rise of passive and factor products, increased cost transparency demands and constant lowering of management fees as some of the biggest obstacles the industry is facing.

Over half of sovereign wealth funds now have a top down policy as ESG spreads to fixed income

The absence of quality ESG data remains a key issue, with 52 per cent of sovereigns citing quality data and ratings as the main challenge in incorporating ESG

Credit Suisse integrates ESG to entire product range

Credit Suisse Asset Management's goal is to expand its suite of ESG offerings with an estimated total of over CHF 100 billion of assets under management by the end of 2020.

UK corporate directors urged to keep abreast of climate change issues

Lord Sales noted in his speech that, based on the current law, "there is much force in the view that directors may and, increasingly, must take into account and accord significant weight to climate change in their decision-making".

Europe dominates world's green financial centres says report

GGFI states that generally standards are improving around the world as ratings of green finance rose in almost all centres for both depth and quality.

Climate Bonds Initiative, Credit Suisse launch ‘Sustainable Transition Bonds’

Two organizations partner up on building a roadmap for leveraging the global capital markets to accelerate corporate sustainable transition toward a low-carbon economy

Wellington launches global multi-factor equity fund with ESG tilt

It integrates ESG considerations by increasing or decreasing allocations to securities according to their ESG ratings, but a low rating will not necessarily result in the exclusion of a security.

ESG considerations to become mandatory within wealth management

Advisers will have to take each client’s ESG preferences into account when explaining how their investment objectives are met.

Collective Commitment to Climate Action

Working together and supporting each other in developing each bank’s capabilities and the necessary methodologies to measure climate impact and alignment with global and local climate goals.

World's richest families fret about geopolitics, climate change

Total cash reserves were 7.6% of family office investments in 2019, up 70 basis points from a year earlier.

Robeco introduces new Sustainable Enhanced Index fund

The strategy uses an extensive values-based exclusion list and includes voting and engagement, which will be carried out by Robeco’s Active Ownership team.

Natixis rolls out Green Weighting Factor

The adjustment of the expected rate of return of each financing deal based on its environmental and climate impact provides a strong incentive for Natixis’ teams to favour green financing when assessing deals with equivalent credit risk.

Remarks by Mark Carney given during the UN Secretary General’s Climate Action Summit 2019

The next step is to make these disclosures mandatory.

Banks worth $47 trillion adopt new U.N.-backed climate principles

Under pressure from investors, regulators and climate activists, some big banks have acknowledged the role lenders will need to play in a rapid transition to a low-carbon economy.

UN to launch Principles for Responsible Banking

The Principles provide the framework for a sustainable banking system, and help the industry to demonstrate how it makes a positive contribution to society.

Changing weather could put insurance firms out of business

Climate issue: The cost of comprehensive cover could become exorbitant, even as it is needed more than ever

Mediobanca SGR signs United Nations' Principles for Responsible Investment

These days investment processes do not dare to leave environmental, social and governance factors out of the analysis, because everyone now agrees these are fundamental to achieving positive and sustainable results over time: for us, our clients, and the

Vontobel AM boutique launches new ESG fund

Commenting on the launch, Benkendorf said: ‘Given our focus on the importance of sustainability and predictable long-term earnings growth of our holdings, we are already fishing in a “cleaner pond”.

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