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HSBC wins global custody mandate for fast-growing UK investment manager True Potential - Global Custodian – The Leading quarterly magazine covering the international securities services industry

HSBC wins global custody mandate for fast-growing UK investment manager True Potential - Global Custodian – The Leading quarterly magazine covering the international securities services industry
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Major investors apply net-zero alignment framework to $8trn of assets


Major investors apply net-zero alignment framework to $8trn of assets
A coalition of 35 big-name investors has become the first to apply a new net-zero investment framework to their portfolios, with $8trn of assets covered.
The framework is designed to help investors deliver long-term net-zero financed emissions goals
Among the first adopters of the Institutional Investors Group on Climate Change’s (IIGCC) framework are Scottish Widows, Aberdeen Standard, Brunel, Nest, Legal & General Asset Management, the Church of England Pensions Board and the Environment Agency Pension Fund. Collectively, the 35 initial adopters are applying the model to $8trn of assets.
The framework was first trialled in real-world scenarios in the second half of 2020, on portfolios totalling $1.3trn. It is designed to help investors assess how and when to divest from high-emitting companies without credible decarbonisation plans; engage with companies that are developing such plans, and in ....

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HSBC secures custody mandates for two UK pension schemes  - Global Custodian – The Leading quarterly magazine covering the international securities services industry


HSBC secures custody mandates for two UK pension schemes 
HSBC has signed securities services partnerships with the National Grid UK Pension Scheme and the Cadent Gas Pension Scheme.
March 5, 2021 11:07 AM GMT
HSBC has secured custody mandates for two UK pension funds, building on its impressive roster of UK securities services clients.  
The bank has extended its long-term securities services partnership with the National Grid UK Pension Scheme, while also being appointed by Cadent Gas Pension Scheme for a range of back-office services including global custody and fund accounting.  
HSBC will also provide the Cadent Gas Pension Scheme with performance measurement, private equity fund administration and securities lending services.  ....

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