Green investment trusts in demand
Booming demand for green infrastructure investments has helped power a record run of fundraising for UK investment trusts, with managers breaking the previous annual record for capital raising in the first nine months of 2021. Read More
Boom for Ethical Investing
UK investors seized the bull market last year, as statistics from the Investment Association last week revealed investors ploughed a record net £63bn into funds, ending 2017 at an all-time high of £1.2 trillion. Of particular interest, though, is mounting evidence that investors are seeking to put their money into ethically sound businesses (Ethical Investing).
Bitcoin bites would-be property owners
Many younger investors who have enjoyed a whopping windfall on Bitcoin have been trying to channel their new-found fortune into UK property having converted their profits to Sterling. However, mortgage lender and brokers have been turning would-be investors away for fear of breaching ant-money laundering regulations (Bitcoin).
Fashion Companies Switch To Sustainable Supplies – Ethical Investments
The fashion leaders that have switched to suppliers of more sustainable and environmentally acceptable materials have been listed by the Better Cotton Initiative (BCI), the Genea-based global non-profit body promoting ethical sourcing (Ethical Investments).
Axis Bank’s $500m Green Bond underscores London Stock Exchange’s Position (Ethical Investment)
The listing by Axis Bank, India’s third largest private sector bank, of a US$500 million (£384m) Certified Climate bond last month on the London Stock Exchange (LSE) represented a number of firsts and further reinforces the UK exchange’s position as the “preferred launch pad” for financial institutions seeking to mobilise resources through green bond issuance (Ethical Investment).
Standish Mellon Joins Climate Bond partnership Intensifying “Sustainable Investing” commitment
Standish Mellon Asset Management (“Standish”), a BNY Mellon Investment boutique with around $158 billion (£121 bn) of assets under management, has joined the Climate Bond Initiative Partnership Program (Sustainable Investing).