“CDL prints Singapore’s first Green bond” – Nasdaq – April 6, 2017
On April 6, 2017 Nasdaq reported that City Developments (CDL) priced Singapore’s first green bond. The two-year senior unsecured issue – sold to fund managers and institutional investors – raised S$100m (US$71m). “There is an increased interest in socially responsible investments and a growing demand for relevant products,” said Sherman Kwek, deputy CEO of CDL. […]
“Ford Foundation Commits $1 Billion to Impact Investing” – Chief Investment Officer – April 6, 2017
On April 6, 2017 Chief Investment Officer reported that the Ford Foundation has committed $1billion – nearly 10% of its assets – to mission related investments (MRIs) during the next ten years. According to the article, “(t)he foundation plans to gradually deploy funds from its existing investment portfolio to impact funds that generate both a […]