University of Helsinki Invests €40m In Green Bonds
University of Helsinki has again taken a step forward in terms of responsible investments by investing in the NN Green Bond Fund.
— NNInvestmentPartners (@NNIP) July 10, 2020
The fund is managed by the Dutch asset management company NN Investment Partners, who are renown within responsible investments. The invested amount is over 40 million euros. The NN Green Bond Fund is one of the world’s first green bond funds.
The fund invests in green bonds that are verified by an independent second party. The loans are earmarked in the sense that proceeds may only be used for predefined projects that reduce the environmental burden and support sustainable development.
In most cases, the projects relate to investments aiming to reduce emissions generated by businesses. The company can for example invest in a renewable energy source such as solar or wind power, transportation with lower emissions or green buildings.
– This is true impact investing that promotes sustainable development and is in line with the values of the university. Our investment also takes the university forward on its path towards a carbon neutral portfolio, says University of Helsinki Quaestor Marjo Berglund.
Source: University of Helsinki
The buyside seeks greater control and optimization of their trading opportunities.
The test confirmed the viability of a blockchain-based distribution model.
The first bitcoin-related ETF has listed in the US.
The ETF will invest primarily in bitcoin futures contracts and does not directly invest in bitcoin.
RBC GAM finds anti-corruption, cybersecurity and climate change are top ESG concerns.