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Nippon Life India AMC rises 2% after company signs deal to explore Taiwan market
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Last Updated: Apr 15, 2021, 02:24 PM IST
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Cathay SITE and Nippon will work exclusively with each other and use their expertise to explore areas for developing, managing, marketing and distributing each other’s investment products
NAM India runs the Nippon Mutual Fund.
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NEW DELHI: Nippon Life India Asset Management Ltd (NAM India) shares rose after the company signed a deal with Cathay SITE (Securities Investment Trust), the largest asset manager in Taiwan, for exclusive strategic collaboration.
As a part of the deal, both Cathay SITE and Nippon will work exclusively with each other and use their expertise to explore areas for developing, managing, marketing and distributing each other’s investment products in India and Taiwan.
Taiwanese firms join global players in participating in the ESG revolution
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TAIPEI, Feb. 2, 2021 /PRNewswire/ Environmental, Social and Governance (ESG) investing is a form of responsible investing that has become a new and revolutionary trend in recent years. As more attention is drawn to ESG investing, investments with a strong ESG profile are becoming standard components of both funds and ETFs, while sustainability is being seen the most important factor of consideration in the capital markets of the future.
Taiwanese firms unite to issue a declaration that recognizes the value of ESG development goals (PRNewsfoto/Business Today Magazine)
Ørsted brings in renowned investors, CDPQ and Cathay PE, for Greater Changhua 1 Offshore Wind Farm
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Global institutional investor CDPQ and experienced local investor Cathay PE will co-invest 50% of the 605MW Greater Changhua 1 Offshore Wind Farm.
Ørsted will retain a 50% share ownership in the Greater Changhua 1 Offshore Wind Farm, as well as deliver the full construction and long-term O&M services for the project, which is expected to be completed by 2022.
The partnership is based on a financing model for offshore wind projects that is unique in the Asia-Pacific Region.
This is CDPQ s first direct investment in Taiwan through its Infrastructure team, which has a long track-record in the renewable energy sector.
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