DBS PB sets sustainable AUM target
This year alone, the bank aims to onboard at least 10 ESG products, including ETFs, mutual funds and private equity investments.
Latest news and expert analysis on ESG investment topics for the Asia region.
This year alone, the bank aims to onboard at least 10 ESG products, including ETFs, mutual funds and private equity investments.
The portfolios are comprised of funds managed by JP Morgan AM, Natixis IM’s Mirova, Pimco, Schroders and UOB Asset Management-Robeco.
Global head of ESG Julie Moret has left the firm.
HSBC Global Asset Management’s Angus Parker discusses the repositioning of the global climate change fund and being overweight in Asia
An earlier version of the product launched in 2018 only raised $70m.
Seventeen fund managers are on the list, with Pictet Asset Management and Allianz Global Investors having the most number of ESG or green funds.
The Certificate in ESG Investing will now be marketed globally to meet ‘increased demand’.
New Refinitiv report says FTSE All World index companies with no pay gap outperformed those with a pay gap by 58% since 2016.
Separately, the firm announced that 74 of its funds have joined its sustainable investment offering.
Concerns over ‘vague and imprecise’ detail in new sustainable disclosure legislation but still an ‘important step’.
The bank has tabled a resolution that commits it to phasing out financing of coal-fired power and thermal coal mining.
Signatories of the UN-supported Principles for Responsible Investment initiative have unfortunately not made a tangible difference.