Private markets continue to shape the evolution of institutional portfolios, according to Nuveen’s fifth annual EQuilibrium Global Institutional Investor survey, with significant planned increases across private equity, credit, infrastructure and real estate. Some 71% of UK investors plan to increase allocations to private markets over the next five years with infrastructure, credit and equity the top picks. In private fixed…
BlackRock Enhances Sustainability Characteristics of $92 Billion of Funds Ahead of ESMA ESG Fund Naming Rules
Investment giant BlackRock announced a series of changes to its sustainable fund lineup ahead of the implementation of new fund naming guidelines by EU markets regulator the European Securities and Markets Authority (ESMA), according to a letter to BlackRock clients seen by ESG Today. BlackRock’s platform includes more than 500 sustainable and transition investment strategies, and the firm manages over…
SBTi Releases Initial Draft of New Corporate Net Zero Standard
The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the release of the initial draft of the Corporate Net-Zero Standard V2, the proposed update to its key standard to assess, certify and track companies’ decarbonization commitments to achieve net zero emissions and…