Alternative assets and ESG investing are gaining traction among younger Asian wealth generations and insurers are evolving their offerings to meet changing preferences and prepare for Asia's $2.5 trillion wealth transfer.
Foreign investors adhering to international ESG standards must navigate a complex landscape in China, where implementation of such practices requires patience and sustained engagement with local corporations.
Despite the recent row-back by US asset managers, the sovereign wealth fund of New Zealand is committed to its sustainability objectives and will terminate co-investments or mandates that do not meet ESG standards.
Regional investors maintain confidence in renewable energy projects despite a US policy shift, citing strong domestic drivers and commercial viability.
The World Bank’s $115 billion development finance institution has placed sustainable investment practices at the top of its list of requirements for potential partners.
Exposure to a range of public and private companies across diverse sectors from renewables and energy efficiency, to sustainable agriculture, water supply and waste management, can provide attractive returns amid the growing urgency for environmental solutions, believe Pictet Asset Management along with executives from family offices and endowments in Asia.
Major asset managers BlackRock, State Street, and Vanguard face a Texas-led lawsuit alleging they illegally colluded through climate initiatives to pressure coal companies into reducing output, sparking further debate in the ongoing ESG controversy.
The race to a greener future may also be a game-changing investment opportunity. At COP29, bold ideas are emerging on climate action as catalyst for economic transformation.
The life insurer is the latest addition to companies to commit to the science-based targets initiative (SBTi) in Hong Kong, a standard that guides companies to set their emission reduction targets.
New Zealand's largest life insurer is advancing its sustainable investment transformation, building on multiple ESG-focused funds launched in 2023. This strategy shift comes as the company navigates an evolving interest rate environment.
Malaysia largest state pension fund sees institutions leading sustainability efforts through policy engagement and innovative investments, a trend that extends to emerging markets across the broader Southeast Asian region.
Australian and British pension funds want the UK's National Wealth Fund to focus on higher risk net-zero industries where it can play a valuable role bridging gaps in capital markets.