Nomura launches sustainable Shariah fund in Malaysia
In partnership with Sun Life Malaysia
In partnership with Sun Life Malaysia
Despite recognising importance of ESG, investors are reluctant to invest sustainably, according to Amundi report
Sustainalytics finds less reporting in the sector than in Europe and the US as well as lower scoring
The lion city plans to issue up to S$35bn ($25.4bn) in green financing by 2030
Energy transition and economic equality are expected to provide investment opportunities for investors in the region
But there is scepticism about the objectivity of ESG guidelines
The newly launched product invests in countries that are reducing their carbon emissions.
The Swiss bank believes energy, cybersecurity, food, and climate should be the key focus for ESG investors
The products are among the first fund of funds that invests into ESG ETFs recognised by the Securities and Futures Commission
Only 5% of the respondents to a Pictet Asset Management and HKUST survey are currently investing in ESG products
The territory ranked fourth among 48 exchanges globally in terms of ESG practice, Morningstar found
Investors can invest in the fund with cash or their retirement savings.