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

Sanlam opens Sustainable Global Dividend fund to external investors

£200m AuM

Human Rights and the Environment — EU publishes draft Corporate Sustainability Due Diligence Directive

The Draft Directive also provides a mechanism for sanctions to be imposed for non-compliance with the due diligence obligations and provides for director responsibility and accountability in relation to a company’s HREDD programme.

Macquarie makes £275 million debt investment in UK solar power portfolio

The portfolio is largely owned and operated by Vantage RE, a UK-based renewable energy investment and asset management firm owned by Bursa Malaysia-listed electricity utility Tenaga Nasional Berhad.

Deutsche Bank Ocean Resilience Philanthropy Fund opens for contributions

First announced at COP26, the Deutsche Bank Ocean Resilience Philanthropy Fund is now open for contributions

Brown Advisory unveils ESG analysis for bonds market

The ESG framework helps underpin Brown Advisory's new Global Sustainable Total Return Bond Fund

Network launches to transform industry ESG practices

Higgins said the financial system has “tremendous capabilities” to lead its own transition to a more sustainable future.

Banks haven’t even tackled the first question on climate

Lenders such as NatWest are still working through the balance sheets even as expectations on their role grow

Over £300bn of UK savings invested in firms linked to deforestation

Make My Money Matter is calling on pension schemes to listen to the views of their members by committing to deforestation free portfolios.

Banks as ESG partners: ensure cautious corporates don’t get left behind

As governments, banks and regulators expand their own requirements for the markets in which they operate, the challenge now is for corporates to keep up with this rapid and fundamental change to the way they do business.

Tackling Greenwashing: ESMA publishes Sustainable Finance Roadmap

The Roadmap contains a useful discussion of National Competent Authorities’ (“NCAs”) current perceptions of greenwashing risk

ESG investing can be too consultative and risk averse, warn AA-rated PMs

Boutique founders Ludovic Label and Cyril Bertrand believe they have found a unique take on how to handle sustainability concerns.

Morningstar: Europe-based fund assets decline, as ESG retains popularity with investors

Article 8 and 9 funds attracted €20.4bn

What is place-based impact investing?

Place-based impact investing can help real estate investors deliver clear and measurable improvements to deprived areas. But how does it work?

HSBC sets net zero aligned targets to reduce financed emissions from oil and gas, power and utilities sectors

Targets for two emissions-intensive sectors follow the launch of thermal coal phase-out policy

AllianzGI calls for UK and EU large caps to link pay to ESG

Boards are well supported

Climate-related Financial Reporting to be mandatory from 6 April 2022

The new mandatory regime will exist in addition to the Listing Rule provisions, which already require companies admitted to the Premium segment of the Main Market of the London Stock Exchange to report in line with TCFD or explain why they have not.

The Big Exchange adds nine ESG funds to investment platform

Triodos, Federated Hermes and EdenTree

How Pictet’s water fund hit €9bn in assets through performance

Last year was particularly beneficial for the strategy, as investors turned towards late-cyclical stocks and environmental themes.

ESG: the next mis-selling scandal?

Plus, taming the buyout barbarians, gold outperforms, and farewell PJ O’Rourke

Schroders’ greenhouse gas emission reduction goals formally validated by the Science Based Targets initiative

The targets include Schroders’ own operations, as well as our ‘financed emissions’ i.e. the emissions arising from the companies in which we invest.

Planet SOS