Man Group buys majority stake in impact investing asset manager
Taken 51% stake in Geneva-based Asteria Investment Managers
Taken 51% stake in Geneva-based Asteria Investment Managers
Katrina Brown has previously spent three years at Sustain Value
Phil Cliff and Aaron Hay will be based in London
Kathy Ryan will embed sustainability across the business
Also swaps out Impax Environmental Markets Investment Trust for open-ended sister fund
Will become head of responsible investing
New advisory business will support regulators and policymarkers on transformation to sustainable future
Focused on partnerships that drive financial returns with positive social and environmental outcomes
Will invest beyond sovereign, supranational, and agency green bonds
Appointment is part of the further expansion of Castlefield’s investment team
Taskforce highlights progress in final TCFD report but more needs to be done
‘Human rights an increasingly critical area of focus’