US asset manager BlackRock's investment stewardship team voted against management of companies or abstained in 37% of the shareholder meetings it attended in the year to July 2020.
The pandemic has been a huge setback to the adoption of the United Nations Sustainable Development Goals (SDGs), said the UK-based asset manager.
UBS will recommend sustainable investments over traditional ones for private clients of its $2.6trn global wealth management business.
The Royal Institution of Chartered Surveyors’ forum recommended a general lifting of material valuation uncertainty on all UK real estate. However, many UK property funds that were earlier suspended due to this uncertainty will remain in that state.
Launched in January, the new midcap fund of the pan-European giant has hit its hard cap, at €1.7bn.
The asset manager has created an infrastructure debt portfolio management team in Paris, to expand its range of real assets to include infrastructure debt financing.
The Investment Consultants Sustainability Working Group will seek to improve sustainable investment practices across the investment industry.
Despite the opportunity brought by the Covid-19 pandemic, only a half of active equity funds bested their average passive counterpart during the first half of 2020, according to Morningstar’s research.
The manager will side-pocket unpriceable fund assets into a side-pocket.
