Greencoat Capital LLP, a UK-based infrastructure manager dedicated to the renewable energy sector, has launched its U.S. operations as it opens offices in New York and Chicago. Greencoat aims to invest USD5bn in the U.S. over the next 5 years, in addition to the USD500m already invested in wind farm portfolios in Texas and Illinois.…
Category: ESG
FSBA to deploy BNY Mellon’s ESG app
The Florida State Board of Administration (FSBA) has signed an agreement to leverage BNY Mellon’s ESG Data Analytics application to better manage, monitor and analyse ESG data across multiple sources. The application is built on the Microsoft Azure cloud and offered through BNY Mellon’s OMNI securities services platform. FSBA will also be collaborating with BNY…
FundRock appointed as ACD for new Octopus fund
FundRock Partners, part of the Apex Group, has been appointed as the Authorised Corporate Director for a new UK fund, FP Octopus UK Future Generations Fund, operated and managed by Octopus Investments. This is Octopus’ first retail fund with a sustainable investment mandate.
SS&C launches ESG platform
SS&C has launched its ESG reporting solutions platform, which will support compliance with the EU’s SFDR and deliver greater insights and transparency into ESG portfolio risks. SS&C has partnered with Sustainalytics to create investor transparency, carbon risk and sensitive sector exposure disclosure reports. The platform scans managers’ underlying data against Sustainalytics’ ESG dataset based on…
Equity Trustees appointed as RE for new ‘deep green’ fund
Equity Trustees has been appointed as a responsible entity (trustee) for Haven Wealth Partners, which has launched its first fund in the Australian market with a focus on ‘deep green’ ethical investing. The Haven Wealth Partners Ethical Absolute Return Fund is a value-focused ethical absolute return fund, which applies stringent positive and negative screens to…
Manaos onboards two ESG data providers
BNP Paribas Securities Services’ ESG marketplace, Manaos, has onboarded two new partners – Util and V.E., part of Moody’s ESG Solutions – to supplement its sustainability data and analytics offering. Now live on Manaos, Util’s machine learning models quantify the degree to which every listed company positively and negatively impacts the 17 UN SDGs and…
Parnassus appoints Ultimus for TA
Ultimus, a U.S.-based provider of fund administration, accounting, and investor solutions, has been appointed as transfer agent for Parnassus Investments, a San Francisco based fund family with USD41.7bn AuM. As part of the transition, over 300,000 Parnassus shareholder accounts were converted to Ultimus’ TA system. Parnassus focuses on building wealth by investing in companies that…
WHEB expands relationship with FundRock
FundRock, a European third-party UCITS ManCo and AIFM that is owned by Apex, has expanded its relationship with sustainable impact investor WHEB Asset Management LLP to provide distribution services through FundRock Distribution S.A. In an extension of FundRock’s existing role as ManCo for WHEB’s Irish ICAV and ACD for WHEB’s Sustainability OEIC, WHEB has appointed…
CACEIS launches UK carbon metrics reporting service
CACEIS has launched a carbon metrics reporting tool in the UK. This will provide UK pension schemes with a platform to align themselves with the Task Force on Climate-Related Financial Disclosures reporting requirements. The new carbon metrics look-through reporting tool enables pension schemes to assess their portfolios’ carbon footprint and meet the metrics and targets…
Investics to offer S-Ray ESG datasets
Investics Data Services, the Boston-based investment data & analytics firm founded by Bill Pryor, has reached an agreement with Arabesque S-Ray to provide a suite of Arabesque S-Ray ESG data through the Investics Cloud Ecosystem (ICE) and Investics DARTS data marketplace. Clients can subscribe to one or more of the various Investics DARTS Arabesque S-Ray…