Esgaia acquisition looks to deepen data expertise as investors seek greater voting and engagement support. Proxy voting services provider Glass Lewis intends to heighten its focus on stewardship, evolving its offering in Europe to meet escalating client demand for engagement and voting support. Earlier this month, Glass Lewis acquired technology platform Esgaia, which focuses on institutional-level investment stewardship data and…
ESG Regulatory Maze Requires a Tactical Approach
Shifting policies and priorities are reshaping the global investment ecosystem and adding complexity to fundraising across jurisdictions, says Ruth Knox, Partner at Paul Hastings. As ESG regulations continue to tighten across the UK and EU in response to the ‘Trump Bump’, both asset managers and owners are facing an unprecedented compliance landscape. From initial noises signalling a crackdown on greenwashing…
Calls for updated Modern Slavery Act amid claims of ‘superficial statements’
This year marks the 10th anniversary of the introduction of the Modern Slavery Act 2015, designed to regulate and address the issues of modern-day slavery in business operations and their global supply chains. The Act was genuinely world-leading in 2015, said Dame Sara Thornton, consultant in modern slavery at CCLA Investment Management: “The requirement for companies to report on modern…
Calls for updated Modern Slavery Act amid claims of ‘superficial statements’
This year marks the 10th anniversary of the introduction of the Modern Slavery Act 2015, designed to regulate and address the issues of modern-day slavery in business operations and their global supply chains. The Act was genuinely world-leading in 2015, said Dame Sara Thornton, consultant in modern slavery at CCLA Investment Management: “The requirement for companies to report on modern…
Calls for updated Modern Slavery Act amid claims of ‘superficial statements’
This year marks the 10th anniversary of the introduction of the Modern Slavery Act 2015, designed to regulate and address the issues of modern-day slavery in business operations and their global supply chains. The Act was genuinely world-leading in 2015, said Dame Sara Thornton, consultant in modern slavery at CCLA Investment Management: “The requirement for companies to report on modern…
Nordea AM reviews fund names following new ESMA sustainability rules
Nordea Asset Management (NAM) has reviewed the names of its sustainable funds in line with new guidelines from the European Securities and Markets Authority (ESMA). The group has added or kept ‘Sustainable’ in the names of 17 Nordea 1 SICAV funds following the review. NAM said all Nordea 1 sustainable products commit to a minimum of 50% allocation to sustainable…
Nordea AM reviews fund names following new ESMA sustainability rules
Nordea Asset Management (NAM) has reviewed the names of its sustainable funds in line with new guidelines from the European Securities and Markets Authority (ESMA). The group has added or kept ‘Sustainable’ in the names of 17 Nordea 1 SICAV funds following the review. NAM said all Nordea 1 sustainable products commit to a minimum of 50% allocation to sustainable…
Investors at War with Tech Firms on AI
The increasingly pervasive use of big tech-designed AI in weapons and surveillance poses risks to investors. The responsible use of AI in warfare is a topic of increasing debate among investors, with at least one asset manager filing a shareholder proposal calling for transparency on the matter this proxy season. In February, Google and its parent company Alphabet dropped their…
Investors at War with Tech Firms on AI
The increasingly pervasive use of big tech-designed AI in weapons and surveillance poses risks to investors. The responsible use of AI in warfare is a topic of increasing debate among investors, with at least one asset manager filing a shareholder proposal calling for transparency on the matter this proxy season. In February, Google and its parent company Alphabet dropped their…
Investors at War with Tech Firms on AI
The increasingly pervasive use of big tech-designed AI in weapons and surveillance poses risks to investors. The responsible use of AI in warfare is a topic of increasing debate among investors, with at least one asset manager filing a shareholder proposal calling for transparency on the matter this proxy season. In February, Google and its parent company Alphabet dropped their…