The number of EU open-end funds and ETFs with ESG-related terms in their names has dropped by only 8% to an estimated 4,220, one year after the release of the final European Securities and Markets Authority (ESMA) fund naming guidelines, according to Morningstar’s latest research. In May 2024, ESMA issued its final guidelines for funds marketed in the European Union that…
Infrastructure investors have grown comfortable with the idea that ‘bigger is safer’, so much so that the average dedicated infrastructure fund has doubled in size over the past decade, reaching more than $1.1bn in 2024. Despite a smaller number of total funds being raised due to a challenging period for capital raising across private markets amid a broader squeeze on…
Big tech companies like Alphabet, Amazon, Apple, Meta and Microsoft are coming under increased pressure from investors to address the ethical risks tied to artificial intelligence (AI), according to the latest research from Morningstar Sustainalytics. The research shows, on average, shareholder support for resolutions on AI has exceeded support for proposals on other environmental and social (E&S) themes. Average adjusted…
Asset managers are paving the way for fossil fuel expansion, environmental degradation and the proliferation of dangerous arms, including nuclear weapons, according to the latest research from ShareAction. Across the board, investment firms “are failing to consider the long-term interests of asset owners”, with progress in the industry stagnating as social and environmental crises deepen, the fifth edition of Point of…
Low carbon mobility-focused finance and investment firm Neot Capital announced the launch of Neot e-motion, a new leasing platform dedicated to zero-emission mobility in Europe. The new platform is being launched with €350 million (USD$394 million) in equity commitments from investors including Alba Infra Partners, Mirova, and the Banque des Territoires. Founded in 2016, Paris-based Neot develops and manages investment…
Alternative asset manager Patria Investments announced the launch of Omnia, a new platform aimed at developing, building and operating large-scale data centers across Latin America, fully powered by green, renewable energy. Patria said that the new platform will initially focus on 100+ MW campus projects, tailored to high-density AI workloads, with expected investments above $1 billion. The launch of the new…
Paris-based alternative asset manager Tikehau Capital announced today the acquisition of Spanish sustainable mobility solutions provider EYSA Group from investment firm H.I.G Capital, with plans to expand the group’s digitized mobility infrastructure systems globally. Tikehau said that its investment aims to accelerate EYSA’s growth and consolidate it into a global platform. The acquisition is being made from Tikehau’s flagship private…
The Trump administration has reversed its decision to halt Empire Wind, a large-scale offshore wind project off the coast of New York, anticipated to power 500,000 homes with renewable energy, according to a statement by New York Governor Kathy Hochul The announcement follows an order by the U.S. Department of the Interior in April to stop construction activities on the…