Managers of Wealth Americas

Asset managers’ green U-turn exposes energy transition cakeism

The narrative of a perfect correlation between doing good and doing well has now broken down.

JPMorgan and State Street quit climate group as BlackRock scales back

Reduced participation means none of top five money managers fully back Climate Action 100+

BNP Paribas demonstrates its continued commitment to its longstanding relationship with Grameen America

The recent closing of a new microfinance loan in 2023 demonstrates BNP Paribas’s continued commitment to its longstanding relationship with Grameen America

ESG Hits Historic Low Point After US Investor Exodus From Funds

US fund clients withdrew a net $5.1 billion in the final three months of 2023, according to a fresh analysis by Morningstar Inc.

What the COP28 climate deal means for investors

The eventual impact of the deal will largely depend on its implementation and funding by individual nations and private industry.

Can I invest sustainably across my portfolio?

The sustainability transition is not just driven by policy, as investors and corporations alike are integrating SI into their portfolios and businesses.

Brazil raises $2 billion in ESG sovereign bonds debut

The final allocation saw substantial participation from non-resident investors

Goldman Sachs Asset Management raises $4 bln for infrastructure deals

The company had raised about $1 billion of equity commitments for its inaugural infrastructure secondaries fund, Vintage Infrastructure Partners, last month.

U.S. Treasury: Banks' 'net zero' pledges must align with temperature limits

The funding will also support work to facilitate the transition planning efforts of non-financial sectors of the economy, the Treasury said.

Investors urge greater scrutiny of climate funding tools

New financing instruments spur concerns over validity of some ‘green’ investments

Elon Musk and Tesla: A Green Energy Milestone for Bitcoin Acceptance

This transformation is attributed to two significant events.

Proponents and Critics of ESG Claim It Can Change Society. Both Will Be Disappointed.

Whether or not asset managers are “woke,” ESG doesn’t hurt oil companies or provide capital for solutions to avoid the worst impacts of climate change, writes Ken Pucker.

Carbon tax on the rich: Why world’s wealthiest should pay for their emissions

Supplier-based emissions are those created by industries that supply fossil fuels to the economy.

KKR strengthens global climate strategy with Gailliot as co-head

This appointment completes KKR’s climate-centric leadership team, which has recently welcomed Emmanuel Lagarrigue and Neil Arora as Co-Heads.

ESG has become significantly more important for clients say wealth professionals

Advisors and wealth managers report increased focus on ESG credentials by clients but is the industry well placed to deliver?

UK and US Join Forces to Support Developing Nations in Climate Change Efforts

Today is about uniting with our US allies and key enablers, using this world-leading expertise for the benefit of not just our own economies but those that will be most affected by climate change impacts

July is 'ESG month' for GOP leaders who want to limit do-good investing

There are also plans to simply turn up the political heat over the Biden administration's handling of the issue.

Santander US Releases 2022 Prosperity with Purpose Report

Second annual report featuring Santander US commitments and impact across three core pillars: Empowering People and Businesses, Fostering Inclusive Communities, and Supporting the Green Transition

Liontrust launches sustainable US growth fund free of MSCI alignment

The bulk of the portfolio will be invested in companies with market caps of €45bn and below, and will not align to the MSCI Index

The Soros’s Billions Can Unite the Climate Fight

In the past two decades, George Soros invested in vast tracts of farmland worldwide

Planet SOS