By Geoffrey on August 6, 2018
On August 6, 2018 Investment Week reported that BlackRock “has unveiled a suite of four open-ended ESG-focused emerging market debt funds, using specialist benchmark indices created in collaboration with J.P.Morgan.”
The BGF ESG Emerging Markets Bond, Emerging Markets Local Currency Bond, Emerging Markets Corporate Bond and Emerging Markets Blended Bond funds “complement the group’s existing EMD funds.”
“Giulia Pellegrini, head of EMD sustainable investing at BlackRock, said the use of ESG criteria could help to capture a deterioration in credit-worthiness ahead of time. ‘These funds harness our proprietary ESG scoring and other analytic tools to help build ESG-focused investment themes that take advantage of additional alpha-generating opportunities in the EMD space.’”
You may read the article on the Investment Week internet site.
Posted in 2018, Fixed Income
By Geoffrey on August 5, 2018
On August 5, 2018 the Financial Times profiled five global initiatives that “help fund managers navigate the world of ESG and to enable clients to choose investment houses that take a serious view of sustainability.”
The six initiatives are:
- 30% Club
- Corporate Human Rights Benchmark
- Task Force on Climate Related Financial Disclosures (TCFD)
- UN-backed Principles for Responsible Investment (PRI)
- UN Sustainable Development Goals (SDGs)
- Workforce Disclosure Initiative.
The article includes a brief description of each initiative and provides comments from fund managers on how the initiative helps put ESG in practice.
Registered users may read the article on the Financial Times internet site.
Posted in 2018, Corporate Social Responsibility (CSR), Finance, Sustainability