EU bank places record-sized issuance in euro market.
Companies in emerging markets are catching up with their developed-market peers in addressing sustainability, according to analysis by RobecoSAM, the Swiss investment boutique behind the Dow Jones Sustainability Index.
Here, in an extract from an interview with EMEA Finance for our fourth annual Green Issue, Guido Giese, RobecoSAM’s head of indices, discusses how and why this is happening.
The senior management team at South Africa’s Investec Asset Management has agreed to take a 15% stake in the business in a £180mn (US$268mn) partial management buyout from the Investec group.
The deal will see chief executive officer Hendrik du Toit and 39 other Investec Asset Management employees take the stake using £90mn of equity funding and £90mn of debt from HSBC and the Investec group.
The management team will also have the right to buy a further 5% of the business during the next seven years, with other employees invited to join the team for any further transaction.