While global institutional investors’ ability to analyze fixed income products on environmental, social and governance factors is growing, the supply of socially or eco-savvy bonds isn’t keeping up with demand, according to new research by Cerulli Associates. “Cerulli research shows an increase in demand for ESG in all segments of the fixed-income market,” said André Schnurrenberger, […]
While 50 per cent of U.S.-based institutional investors currently don’t invest sustainably, 52 per cent said they plan to either maintain or increase their allocations to sustainable investment over the next three years, according to a recent survey by SEI Investments Co. In terms of sustainability issues, investors are most interested in renewable energy (58 per cent), followed […]
The Alberta Investment Management Corp. is taking a majority stake in Eolia Renovables de Inversiones, a Spanish renewable energy producer, from Oaktree Capital Management and other shareholders. “AIMCo is very pleased to become the majority shareholder in Eolia Renovables,” said Ben Hawkins, senior vice-president of infrastructure and timber at the AIMCo, in a press release. “The company’s […]
The OPSEU Pension Trust, together with British private equity firm Three Hills Capital Partners, has invested more than $89 million into ACT Commodities. The Dutch firm specializes in trading commodities related to reducing the use of fossil fuel and emissions of greenhouse gases. “In nine years, we have built the world’s preeminent trading house for […]
Ryan Labs Asset Management Inc., a Sun Life Investment Management company, has signed on to the United Nations-supported principles for responsible investment. As a network of independent investment professionals, signatories of the PRI are proponents of responsible investing. Read: Survey finds larger asset managers more likely to dedicate resources to ESG “Becoming a signatory of the […]
The International Centre for Pension Management has released a guide for integrating climate change considerations into investment processes. “The ICPM climate change guide is unique from others of its kind because it was written by asset owners for asset owners,” said Deborah Ng, director of strategy and risk at the Ontario Teachers’ Pension Plan and […]
Canadian investment managers had $2.1 trillion in assets using responsible investment strategies as of Dec. 31, 2017, a major jump from $1.5 trillion at the end of 2015, according to a new survey by the Responsible Investment Association. Indeed, responsible investing accounts for more than half (51 per cent) of Canadian assets under management, noted the survey. “Surpassing […]
Canadian institutional investors with stakes in fossil fuel companies can be held as much accountable for continued and escalating carbon emissions as the producer organizations, according to a report by the Centre for Policy Alternatives. While widely held Canadian fossil fuel companies aren’t controlled by a single institutional investor, they do own large chunks of equity, the report found. […]
At 89 per cent, continental Europe has the most asset managers that are signatories of the United Nations Principles for Responsible Investment, according to a new survey by Russell Investments. While the majority of managers surveyed are UNPRI signatories, participation varies significantly by region. Asia, excluding Japan, has no signatories, while 70 per cent of Japanese asset managers are signatories. […]
A group of U.S. institutional investors is petitioning the Securities and Exchange Commission to impose an obligation on companies to report on certain prescribed environmental, social and governance issues. “In response to changing business norms and pressure from investors, most of America’s largest public companies are attempting to provide additional information to meet these changing […]