Fund will direct investments to Black and African American communities as part of Northwestern Mutual’s work on diversity, equity and inclusion

The $700 million issue is co-managed by firms run by people of colour, women or service-disabled veterans

New guide introduces a framework for impact labelling to aid investors in defining their own approach to sustainable investing

JP Morgan Asset Management and GAM Investors are among supporters of statement

Sustainable investment continued to grow globally in 2018-2020, with Canada, the US and Japan leading the way

BlackRock, Morgan Stanley, CIBC among companies adding ESG funds to their ranges

$476 billion was issued in the first half of 2021, according to latest data

Plus: CIBC Asset Management launches sustainable investment solutions

Major asset managers are investing in sustainability specialists to boost their SRI credentials

Campbell Global purchase is part of the asset manager’s desire to diversify its ESG focus