“Morningstar Launches 27 Indexes to Meet ESG Investing Appetite” – ThinkAdvisor – October 4, 2016

On October 4, 2016 ThinkAdvisor reported that Morninstar has launched a series of 27 indices that match high performance on sustainability indicators with risk/return ratios similar to the broader investment universe.  The indices cover single counties as well as  developed, emerging and regional markets.

According to the article, “(t)he index series builds on the research firm’s proprietary Sustainability Ratings for over 20,000 funds, as well as equity research on 1,400-plus companies and company sustainability scores (of 0-100) that evaluate firms based on more than 60 environmental, social and governance (ESG) metrics. It is based on company-level ESG research and ratings from Sustainalytics, an independent data provider.”

You may read the article on the ThinkAdvisor internet site.

“Symbiotics and UBS launch a new impact investing fund, with the support of the Swiss government” – Symbiotics – October 4, 2016

On October 4, 2016 Symbiotics announced the successful closing of the SME Finance – Loans for Growth Fund.  According to a press release, it is “a fully subscribed USD 50 million investment product offered by UBS to its impact investor base. The 4-year closed-end structure aims to provide loans to SME finance institutions in emerging and frontier markets. It thereby promotes entrepreneurship, job creation and inclusive economic growth while offering an attractive financial return to investors. The structure also benefits from a 10% (USD 5 million) first loss risk protection co-funded equally by UBS and the Swiss State Secretariat for Economic Affairs (SECO), putting forward an attractive and replicable public-private partnership model to attract private sector capital towards sustainable development goals.”

You can read the press release (in English, French and German) on the news page of the Symbiotics internet site.