CLO managers offer views on ESG for upcoming PRI report
Principles for Responsible Investment (PRI) is set to unveil a report detailing results from its ESG structured credit survey in the next few months, and the institution anticipates that this will be a launch pad for further investigation about ESG integration into the asset class

Wirecard shows that in an era of ESG analysis, governance still gets relatively short shrift
Wirecard’s spectacular collapse raises questions for auditors, regulators and agencies

If you’re not finding black talent, you’re not trying hard enough
In the past few weeks, it has been easy to put up our billboards and tweet our condemnation of the treatment of black people. Now we need to change the way companies work

Revolutionary ESG-linked loan wins CLO support
European loan investors welcomed a novel concept in June when Carlyle Group-backed Logoplaste issued the first term loan with pricing linked to environmental, social and governance (ESG) factors

High yield borrowers face pressure over social data
Two major themes of the credit market in 2020 are on a collision course: high yield issuers playing catch-up after a dearth of issuance and the Black Lives Matter movement putting the focus on the S of ESG investing

Governance has greatest impact on short-term changes in company valuation out of ESG factors, finds MSCI
Governance has more impact than environmental and social factors on company financial fundamentals and stock price in the short term, but ‘E’ and ‘S’ play their part over the long term, according to analysis from MSCI

Zais ESG head to join DWS
Zais Group’s head of ESG (environmental, social, governance) and impact investing is joining DWS as group sustainability officer in New York

Carlyle-backed firm introduces breakthrough ESG-linked term loan
Logoplaste Consultores Técnicos has become the first issuer to launch a term loan with the interest linked to environmental, social and governance factors

EQT launches 'largest' ESG-linked subscription credit facility
EQT has launched what it says is the largest ever environmental, social and governance-linked (ESG) subscription credit facility in the global fund financing markets

Pandemic underlines importance of the S in ESG as compliant companies outperform
For years, assessing environmental risks has been at the forefront of ESG (environmental, social, governance) investing, but there’s been a greater appreciation of the ‘S’ in ESG since the market sell-off in March

Nordea's former head of sustainable loans resurfaces at Handelsbanken
The former head of sustainable loans at Nordea will join Handelsbanken debt capital markets team in May

PRI unveils ESG workstream for CLOs, loans and ABS
Principles for Responsible Investment has established a workstream on environmental social and governance standards in structured products

Ares hires head of ESG from Partners Group
Ares Management Corporation has appointed a head for its environmental, social and governance (ESG) practice, effective from April  

They said it: "How about a carbon reduction covenant?"
In a social media post, Bfinance’s Trevor Castledine recalls a conversation with a private debt manager who claimed to be powerless when it comes to influencing borrowers over ESG. The lender’s response was: “Er…”

Points up front: Betting on ESG CLOs
Investing ethically is becoming a big part of credit, with CLO managers among the first to adopt environmental, social and governance (ESG) investment guidelines. So it’s no surprise that ESG criteria were high on the list of talking points at the Structured Finance Association’s SFVegas gathering last month.

ESG pervades US CLOs but screening approach divided
Environmental, social and governance (ESG) investing is reshaping the US CLO market, with February bringing the first CLOs marketed that have explicit ESG-related investment criteria.

NNIP launches corporate green bond fund
NNIP Investment Partners has launched a green bond fund focused on corporate borrowers, following dominance by this issuer group in the green bond market last year

Italian pension fund seeks greater exposure to private debt
BNL, the pension fund of the investment manager BNP Paribas Italia, has launched a request for proposals (RFP), looking to commit €20 million to private debt closed-end funds.  

Mercer puts private debt at heart of $2.7 billion fund of fund
Mercer has held a final close at $2.7 billion for a private markets fund that offers investors access to private debt and sustainable products  

LGIM hires ESG head for real assets division
Legal & General Investment Management’s LGIM Real Assets has appointed Sheun Chan as head of environmental, social and corporate governance  

Elfa partners with LMA to develop standardised ESG disclosure topics
The European Leveraged Finance Association, in partnership with the Loan Market Association, has launched an engagement programme to develop a standard set of material ESG disclosure topics on which issuers and borrowers can be expected to report publicly

Managers face ESG disclosure pressure under ‘ambitious and demanding’ EU regulations
New rules finalised by the European Union will shake up the way managers approach environmental, social and governance investing, sources say. The ambitious initiative is relevant for funds which have a specific ESG mandate — but will also be applicable to firms without an express ESG or sustainability focus.

New York pensions seek climate change managers
The Comptroller of the City of New York is looking to appoint fixed income managers that invest in climate change solutions, according to a recent notice of search.  

LSTA poses ESG quiz to borrowers
The Loans Syndications and Trading Association has published an environmental, social and governance questionnaire which it anticipates will provide the loan market with a standardised tool to collect ESG-related information from borrowers