A nonprofit organization in the Midwest has divested its endowment from fossil fuels and selected an investment advisor to manage the portfolio effective July 1.
HSBC Asset Management has acquired a minority stake in a U.S.-based ESG and diversity and inclusion focused consulting firm, which will become a female-owned asset management firm focused on ESG investment opportunities for institutional and wealth management clients, the firm announced.
New research finds that many healthcare organizations remain optimistic about their portfolios due to robust market returns despite a volatile year in 2020.
Preqin has appointed a head of ESG to further develop its ESG product suite and work with external stakeholders to support the alternative assets industry in navigating the ESG reporting landscape.
SWEN Capital Partners has hired two managing directors to oversee the launch of a SWEN Blue Ocean strategy to invest in innovations that promote ocean regeneration, with a focus on three major threats to ocean environments: overfishing, pollution and climate change, by funding start-ups with proven technology and market traction.
Real estate manager Hines has appointed a global head of ESG to oversee the implementation of a new ESG strategy with a particular focus on the climate emergency by accelerating the firm’s efforts in decarbonization of the built environment.