The Dutch bank successfully issued a €250 million green subordinated Tier 2 bond, which falls under the bank’s Green Bond Framework. The bond will be listed on Euronext Amsterdam, has a maturity of 10.25 years, and a coupon rate of 2.25%. The
Chow took on her new role 1 October 2021 and is based in London. Before HSBC, Chow was a member of the London School of Economics' investment committee. Chow is also a board member of the International
Testa replaces Raffaele Jerusalmi, who ran the exchange for 12 years. Testa will take the reins at Borsa Italiana effective 28 November 2021. His focus will be further integrating Borsa Italiana with Euronext Europe, developing the exchange's Italian business, and helming its fixed income efforts.
One-third of private capital assets globally is now managed using non-financial goals, such as climate and diversity, according to alternative asset data provider Prequin. The report found that 49% of private debt strategies are ESG-focused, and
The Net Zero Asset Managers Initiative (NZAMI) has, in the first round of early disclosures for COP26, reported that initial AUM in line with the net-zero emission target is 35% amongst 43 reporting signatories. Signatories will increase AUM
The index is a modified, free float-adjusted market capitalisation weighted index that tracks the performance of more than 175 global equities with considerable exposure to the clean energy sector. Dave Gedeon, Global Head of Equity and
The Netherlands’ largest pension fund has stopped investing in fossil fuels. The pension fund for teachers and civil servants made the move, in part, due to a recent report from the UN’s Intergovernmental Panel of Climate Change (IPCC).
Appleson is taking over from the long-time municipal bonds head Susan Courtney, who is retiring. He will begin 1 November and take over Courtney’s position effective 1 January. Most recently, Appleson was a
The Schroders Institutional Investor Study 2021 found that 90% of institutional investors plan on increasing their private asset allocations in the next 12 months. The study surveyed 750 investors. Private equity and infrastructure
NN IP forecasts that green bond issuance will grow by 25%, to €500 billion in 2022, with Europe leading the growth. Europe will account for the surge because the European Union is issuing