Katie Keir
One of the next big developments on the environmental, social and governance (ESG) scene will be the May release of the CFA Institute’s draft standards for ESG investment products.
The CFA Institute isn’t aiming to reinvent the wheel or set definitive global standards, said Brian Minns, vice-president of sustainable finance at Montreal-based Addenda Capital and member of the CFA Institute’s ESG technical committee.
Minns spoke during a panel on emerging ESG standards at the the Responsible Investment Association’s Feb. 25 symposium on proxies, policies and taxonomies. He said the CFA Institute is aiming to “weave together the different bits and pieces that we’re seeing develop around the world” in an effort to provide clarity around ESG standards.
Banks carve out gains from wealth management, mortgages even as some sectors languish estevanmercury.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from estevanmercury.ca Daily Mail and Mail on Sunday newspapers.
TORONTO Canada s main stock index is expected to extend its record-setting rally this year as a global economic recovery boosts the outlook for the index s heavily weighted financial and resource stocks, a Reuters poll found. The median forecast in a survey of 24 portfolio managers and strategists was for the S&P/TSX Composite index to rise to 19,650 by the end of 2021, up 7.2% from Tuesday s close of 18,330.09. November s forecast was 18,400. It was then expected to rise further to 20,125 by the middle of 2022. The TSX Composite with its heavy makeup of financials, energy and material stocks should be a perfect proxy and beneficiary of a global economic reopening, said Matt Skipp, president of SW8 Asset Management.
Banks carve out gains from wealth management, mortgages even as some sectors languish | iNFOnews infotel.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from infotel.ca Daily Mail and Mail on Sunday newspapers.