EQ Investors has launched its sustainable portfolios on the Timeline platform, making them available to financial planners and their clients via the platform for the first time. This will give Timeline’s network of planners direct access to the sustainable model portfolios. The firm said the portfolios are designed to deliver competitive long-term returns by seeking out companies making a positive…
Drax acquires Bluefield Solar Income Fund for £548m
Drax Group has acquired Bluefield Solar Income Fund (BSIF) for £548m through its subsidiary Drax Smart Generation, after the BSIF board decided a higher interest rate environment caused its shares to trade at a consistent double-digit discount to NAV, making a sale the best option. It comes with an additional 2.25 pence per share dividend, making the total value 94.824…
Quilter launches targeted support offering
Wealth manager Quilter has launched a new targeted support offering, available through its Quilter Invest arm, which is designed to support clients through earlier stages of their investment journey. It now offers a practical and proportionate route to investing through targeted support, while keeping the door open for full advice through Quilter in the future. Quilter said customers are guided through a short, attitudinal-based assessment…
China Draws $9 Billion Order Book for New Green Bond Offering
China’s Ministry of Finance (MOF) announced the completion of a new green bond offering, the second-ever by the central government, raising RMB 6 billion (USD$887 million) for environmental initiatives ranging from clean transportation to pollution reduction. The offering drew very strong demand, with the order book reaching RMB 62.4 billion (USD$9.2 billion), with the issuance more than 10 times oversubscribed….
Brazil Shifts from Mandatory to Voluntary Sustainability Reporting
Brazil’s Securities and Exchange Commission (CVM) announced that it has amended its regulation requiring public companies to publicly provide annual ISSB-aligned sustainability and climate-related disclosures, moving instead to a voluntary sustainability reporting system. Mandatory sustainability reporting was set to next year, on 2026 data. While revoking the mandatory requirements, however, CVM’s updated regulation requires companies that opt out of sustainability…