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 bond’s proceeds will be used to fund

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 Corporate Governance Network and is an honorary

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.   Testa comes to the exchange from MTS

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 36% of total global private market assets

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 until all assets are net-zero, with the

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 Strategy Indices at Bloomberg, says: “With increased

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). ABP will sell its fossil fuel investments in stages, with the

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 portfolio manager for PT Asset Management, specifically

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 equity are the two categories attracting the

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 €250 billion in green bonds over the

Beginning in 2022, eligible BlackRock institutional clients in some index strategies, both separate accounts globally and pooled funds from the US and UK, will gain proxy voting options. These include voting based on their own proxies, voting directly via BlackRock’s

ARM Swiss Representatives SA (ASR), which provides Swiss representation and distribution services to foreign fund managers, will now operate under Apex sub-brand FundRock. The acquisition will strengthen Apex Group’s activities in Switzerland. The acquisition of ASR is the most recent

The asset manager has appointed Nicolò Foscari as head of multi-asset insurance & risk solutions, outsourced CIO solutions. Foscari will be based in Milan and comes to Amundi from Morgan Stanley Wealth Management in New York, where he was a

The global advisory firm has appointed Mathys-Graaff to the new role of senior sustainable investment strategist. In the position, she will assist in further integrating sustainability into the firm’s investment process and sustainable investment thinking into client portfolios.   She comes to Willis Towers Watson from the Impact Management Project, where

The Swiss Financial Market Supervisory Authority, FINMA, granted the SIX stock exchange permission to launch a digital asset marketplace and central securities depository. SIX is also considering adding traditional stocks, ETFs, and tokenised commodities to the exchange in the future.   After launching for retail clients, the stock exchange

The fund was created to anticipate the coming trends amongst the next generation of internet users, the majority of which reside in emerging markets. The Dutch fund manager will invest in high-growth, public companies in the internet and technology sectors

In the new position, Lendormy will be responsible for building and expanding distribution partnerships with global financial institutions. Previously, Lendormy was executive director for Europe, the Middle East and Africa distribution and global financial institutions division at Robeco.   Kimberly LaPointe, head of PGIM Investments international,

McDonald will be based in London and collaborate closely with the firm’s global product, client coverage, research, and technology teams. McDonald comes to MSCI from HSBC Global Asset Management, where she served as global head of product, equities and responsible investment. She

Rather than managing investments in-house, more and more institutional investors are outsourcing management to fiduciary managers and outsourced chief investment officers (OCIOs). In terms of the latter, OCIO mandates have risen more than 90% to $2.46 trillion globally over the past five years, according to

In a recent survey, Fidelity Digital Assets Research found that both US and European institutional investors are warming up to digital asset investment products. Fidelity's 2021 Institutional Investor Digital Assets Study surveyed 1,100 institutional investors and found that interest in digital assets

The law firm specialising in legal and regulatory compliance for asset managers has appointed Nomura Group senior legal counsel Valentin Chantereau as its new head of legal. Chantereau will open and head the Zeidler Group’s Paris office.   Besides holding a position at Nomura Group, Chantereau has also worked at Lehman Brothers Asset Management in London