Fund Management
What's New In Investments, Funds? - MSCI, Alpha Real Capital

The latest news in funds and investments from across the world.
MSCI
MSCI ESG Research, part of the investment benchmark organisation
MSCI is to make its
environmental, social and governance ratings on more than 2,800
firms available to the public, drawing more attention to this
resource.
The ESG ratings on firms in the MSCI ACWI Index can now be
obtained by using a search tool on msci.com. MSCI ESG Research
plans to make the ratings for 7,500 constituents of MSCI ACWI
Investable Markets Index available in 2020.
The move is an example of low the term “ESG” has become a
constant feature of today’s asset and wealth management world.
Banks and other financial firms are scrambling to prove their
credentials in this space, mindful that today’s investors, such
as younger adults, are keen on the idea.
MSCI ESG Research rates companies on a ‘AAA to CCC’ scale
according to their exposure to ESG risks and how well they manage
those risks relative to peers. The ratings use 1,000 data points
from company disclosures and alternative data sets, across 37 ESG
issues which are reviewed weekly. MSCI also uses artificial
intelligence and machine learning, alongside a 200+ strong team,
to monitor and update companies continually and deliver relevant
ESG insights.
Alpha Real Capital
Alpha Real
Capital, the specialist manager of long income real assets,
has launched the European Long Income Fund (ELIF). The fund will
target euro-denominated, asset backed, secure inflation-linked
income streams by investing in commercial ground rents,
amortising income strips and long lease property. The fund's
primary focus on ground rents and income strips is intended to
place ELIF at the lower end of the risk spectrum, offering a key
differentiator to other long income property funds.
The fund mainly concentrates on real estate investment
opportunities in the eurozone with an initial focus on Germany,
the Netherlands and Ireland. ELIF is a Luxembourg-domiciled fund
open to institutional investors.
Building on a track record in the UK, where Alpha has deployed in
excess of €2.9 billion in long income property for pension funds
and other investors, the fund has secured a major investment from
Willis Towers Watson’s European Secure Income Fund. It has also
brought in interest from European pensions funds and
insurers.
“With nominal yields in northern Europe forecast to be close to
zero or negative for the long term, we believe that secure income
derived from long income property is an increasingly attractive
asset class for European pension funds and insurers," Hugo James,
partner and head of Long Income, said.