Nuveen and TCAM bring ESG funds to UK market
Nuveen Investments and TIAA-CREF Asset Management have made two environmental, social and governance (ESG) funds available to non-U.S. investors including those in the UK via UCITS vehicles.
Nuveen Investments and TIAA-CREF Asset Management have made two environmental, social and governance (ESG) funds available to non-U.S. investors including those in the UK via UCITS vehicles.
Investec Wealth and Investments’ Nick Sketch interrogates some of the biggest consensus trades in the market right now looking for both problems and potential.
Environmental and social issues have less of an impact on shareholder returns than whether or not a company is well governed, says Hermes.
Managed by Geir Lode, head of Hermes global equities, the fund will target a return of 3% above its benchmark, the MSCI All Country World Index, on a three-year rolling average basis by “investing in companies with favourable ESG characteristics”. And, according to Lode, such a focus does not need to come at the expense…
The motivation behind making a commitment to an ethical fund varies, and the importance of the underlying moral stance will of course be different from investor to investor.
Given that healthcare has been the joint-top equity sector this year, growing 18% since the start of 2013, it is unsurprising investors and fund managers alike are positioning themselves to take advantage of profit opportunities.
Assets under management of funds of funds, tracker funds and ethical funds reached record levels in 2012, despite a decline in net retail sales across the board, data from the Investment Management Association (IMA) revealed.
Money invested in green and ethical funds in the UK have reached a record high of £11.3bn, according to data released by independent researcher EIRIS.
Jupiter Asset Management makes key changes to its Environmental Income Fund.
Funds of funds sales reach highest level on record, says IMA
IMA figures show ethical funds had their highest quarterly net sales since Q4 2007.
Future Capital has hired Robert Jolliffe to oversee the launch of the Sanctuary Fund.