Finding reliable data continues to be a major issue for responsible investors, according to the ESG Global Survey 2023, published by BNP Paribas. In the report, incomplete and inconsistent data and research was cited by almost three-quarters (71%) of investors as the most-significant barrier to ESG investing. The biggest data challenges for those investors, the…
EFAMA and other trade bodies call for ‘active account requirement’ to be scrapped
The Spanish city of Barcelona has been identified as the second-best hub on the continent for biotech investment, according to a report from CPHI. At a country level, meanwhile, the CPHI Annual Report expected Spain would emerge as the sixth country in the world and third in Europe with the greatest “pharma growth potential” by…
Europe needs a better and more complete capital market set-up, according to the European Central Bank (ECB). In its analysis ‘Europe needs to think bigger to build its capital markets union’, the bank says the key is the creation of an “integrated European capital market”. Fabio Panetta, a member of the ECB’s executive board, argues…
Activist group NewGAMe has nominated Randel ‘Randy’ Freeman to be the new chief executive of GAM. Multiple reports say the activist group, which owns just under 10% of the Swiss asset manager, will put forward Freeman as the new chief executive at the next AGM, due to be held in September. It was reported that…
US-based real estate investment trust Prologis has committed €250m to its Prologis European Logistics Fund (PELF). The move will be matched with a similar commitment of $250m to its Prologis US Logistics Funds (USLF). According to the firm, the new infusion of capital will allow the funds to “further invest in high-quality industrial assets, creating…
Latest funding an extension of the $1.1bn convertible issued in July 2022
Fund will have a minimum of 80% of its assets in sustainable investments
Strategies made available in Finland, Norway, and Sweden
The Spanish government has nominated the country’s deputy prime minister Nadia Calviño to run the European Investment Bank (EIB). The news comes six weeks after Margrethe Vestager, the European Union’s digital and competition chief, entered the race to succeed Werner Hoyer, who is due to step down at the end of the year after serving…
Nomura Asset Management (NAM) has launched a corporate hybrid bond fund open to investors across Europe. The Nomura Funds Ireland – Corporate Hybrid Bond Fund aims to provide investors with exposure to high quality issuers with yields comparable to those of high yield bonds. The strategy will be managed by NAM head of corporate hybrid…
Investors focused on what course the ECB will take after its September meeting
