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AAA-rated Nordic equity portfolio manager exits to join boutique

AAA-rated Nordic equity portfolio manager exits to join boutique
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H&M s Blowout Sustainable Bond Debut Lures $6 5 Billion Orders

Leo Laikola, Bloomberg News Pedestrians, wearing protective face masks, pass a Hennes & Mauritz AB (H&M) store in Stockholm, Sweden, on Monday, Jan. 18, 2021. Sweden s Prime Minister Stefan Lofven has said he can’t rule out further restrictions under a temporary new law to combat the spread of the coronavirus pandemic. , Bloomberg (Bloomberg) Hennes & Mauritz AB has slashed the yield offered on its debut bond by half after investor demand for the Swedish retailer’s sustainable debt proved so strong. “This blowout deal truly opens the door for issuers to come to the market and meet the sustainability-focused investor community,” said Lars Mac Key, head of sustainable bonds at Danske Bank, one of the banks that helped market the 500 million euro ($604 million) offering.

Japan set to target zero emissions by 2050 in policy shift

4 Min Read TOKYO (Reuters) - Prime Minister Yoshihide Suga is set to bind Japan to a target for carbon neutrality by 2050, a shift in stance that will bring the country in line with the European Union and more than 60 other nations in efforts to combat climate change. FILE PHOTO: Japanese Prime Minister Yoshihide Suga speaks to the media during a press conference in Jakarta, Indonesia, October 21, 2020. Dita Alangkara/Pool via REUTERS/File photo The new target will be announced by Suga when he makes his first address to parliament on Monday, after taking office last month, the Nikkei reported earlier this week.

Japan set to target zero emissions by 2050 in policy shift

4 Min Read TOKYO (Reuters) - Prime Minister Yoshihide Suga is set to bind Japan to a target for carbon neutrality by 2050, a shift in stance that will bring the country in line with the European Union and more than 60 other nations in efforts to combat climate change. FILE PHOTO: Japanese Prime Minister Yoshihide Suga speaks to the media during a press conference in Jakarta, Indonesia, October 21, 2020. Dita Alangkara/Pool via REUTERS/File photo The new target will be announced by Suga when he makes his first address to parliament on Monday, after taking office last month, the Nikkei reported earlier this week.

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