SDR

Impact specialist gets nod to label £670 million fund, as renewables vehicle opts to drop sustainability terms.

Still no movement on new fund labels but impact funds expected to be first movers in market amid industry frustration.

Fund objectives, KPIs and label choice among issues facing managers as SDR starting gun fires with only one label announcement.

AEW's impact fund is closed to retail investors but manager says the regime will promote transparency, praises engagement with FCA.

It comes as FCA says it will consult on 'strengthening' transition plan expectations as part of efforts to endorse ISSB-based sustainability standards.

IA survey finds limited appetite for meeting July starting gun, but majority of firms will look to label by December.

Large firms aim to have fund labels ready for start of new regime, but are grappling with definition challenges and a separate looming greenwashing deadline.

The latest developments in sustainable finance: AMNT backs standardised vote reporting legislation; Aussie financial watchdog expects boards to engage with all sustainability claims.

Industry delivers a positive verdict, but challenges remain for interoperability, and implementation deadlines may be shorter than expected.

Regulator drops stewardship requirements from 'improvers' label, brings in label for mixed-strategy funds.