BlackRock wins €400 million ESG private debt mandate
BlackRock has won a mandate to manage an ESG focused European private debt fund from a Munich-based firm

Fund managers brace for EU’s new sustainability regulations
European fund managers were faced with new environmental, social and corporate governance (ESG) regulations in March, which enhance disclosure requirements around sustainability

"The heterogeneous set of KPIs make comparisons difficult and self-policing hurts credibility"
Loans with ESG ratchets are popular and a good way to align incentives – but we need accountable external reviewers

Hermes seeks ESG alpha in companies making changes
Buy-side demand to tick boxes for ESG standards has fuelled a boom in green and social impact bonds that is extending into high yield issuance. But as investment opportunities mount, so does soul-searching about the next phase

Allstate CLO takes on ESG guidelines following reset
Fair Oaks Capital has laid claim to the first instance of converting a US CLO into an ESG-compliant transaction courtesy of a reset following the reworking of Aimco 2017-A this week

A transformational framework means fund managers have to drive real-world change
There are managers who make transformational investments, those who incorporate ESG and those who do nothing

Axa IM leads as ESG grows in European CLO industry
European CLOs are increasingly launching with express ESG mandates embedded as issuers seek to get ahead of what appears to be an inevitable shift towards ethical investing

UN PRI's upcoming report on ESG in CLOs finds bar is very low
In a preview of the upcoming report, Carmen Nuzzo, head of fixed income at UN Principles for Responsible Investment, reveals to Creditflux key highlights from its ESG in securitisation report

ESG growth in CLOs has momentum in 2021, say JPM strategists
ESG investing in securitised products such as CLOs have 'momentum for growth in 2021' despite very slow volume growth and lack of progress in standardised scoring over the past year, say JP Morgan strategists in a research note

Tikehau launches ESG private debt fund with interest rate ratchets
The European Investment Fund has backed Tikehau's private debt fund, Tikehau Impact Lending, which provides lower interest rates to companies that meet their sustainability goals

ESG was factor when firing managers for 42% of investors, survey reveals
The latest survey from investment consultant Bfinance shows the coronavirus pandemic increased focus on ESG issues for over a third of investors - and ESG is important when selecting external asset managers

M&G lays out ESG focus with £5 billion pledge to 'sustainable private assets'
M&G is allocating £5 billion ($6.8 billion) from its £136 billion with-profits fund into businesses using a model which places emphasis on ESG, sustainability and impact investing

CLO managers agree to one-time ESG deals
Environmental, social, and corporate govern-ance (ESG) is contin-uing to take root in the CLO market. But the movement is still largely driven by end investors, so some issu-ers are opting to integrate ESG into their investment mandate on a one-off deal-by-deal basis, rather than integrate it into their platform

The imperfect incorporation of ESG is no excuse not to act
Managers’ legal ESG responsibilities may be vague, but they must still set up a credible strategy

Kartesia prioritises ESG with newly created role
Kartesia says it has appointed Coralie De Maesschack as head of ESG and corporate, social responsibilities (CSR) in a newly-created role

All types of financing will have to incorporate ESG risks and use their real economy influence
Fund managers can no longer ignore, postpone or hide from measures to tackle climate change

Elfa forms private debt committee
The European Leveraged Finance Association has launched a new private debt committee which aims to providea forum for direct lenders 

Capital Four markets four-year European CLO
Capital Four is marketing its second European CLO, just over a year after making its debut in CLO management

ESG index roll creates long and short opportunities
The first roll of a CDS index screening for environmental, social and governance criteria has opened a less-watched relative value opportunity for investors

Green credit advocate launches research body
Stockholm-based portfolio manager and green credit advocate Ulf Erlandsson has today announced the launch of research body Anthropocene Fixed Income Institute (AFII)

PGIM hires for newly created ESG fixed income research role
PGIM has appointed a former Allianz official into the newly created role of head of environmental, social & governance (ESG) research for its fixed income division

Amundi names head of €55 billion real and alternative asset unit following departure
Amundi has named a successor to lead its €55 billion real and alternative assets unit which includes real estate, private debt, private equity and infrastructure

Nordic boutique launches debut green corporate bond fund
Nordic boutique Evli Fund Management has launched an inaugural fund focusing on green corporate bonds, which the Helsinki-headquartered manager says is in response to growing investor demand for allocation to green bonds