1. Home
  2. »
  3. News
  4. »
  5. The CNV authorised the first three ESG Open-Ended Mutual Funds
NEWS
The CNV authorised the first three ESG Open-Ended Mutual Funds
06/03/2021 Since 4 months

Argentina’s National Securities Commission (CNV) today authorised the first three open-ended ESG Mutual Funds, in the framework of its RG 885/2021 and under the special regime aimed at promoting investment in marketable securities with environmental, social and governance impact. These are the open-end funds “Bull Market Fondo Común de Inversión ASG”, “Quinquela Renta Mixta Sustentable FCI ASG” and “ESG ST Fondo Común de Inversión ASG”, promoted by Bull Market Asset Management S.A., QM Asset Management SA and Southern Trust S.A., respectively.

“The measure responds to the strong impetus that the CNV has been giving to the new sustainable financing regime and the promotion of instruments that encourage the issuance of green bonds with social impact,” said Adrián Cosentino, president of the organism.

At the same time, a comprehensive programme was launched that includes guidelines for issuers, certifiers and investors committed to generating positive impact in their investment projects.

This post is also available in: Spanish

LATEST NEWS
FEBRABAN Banking Economy Award
Since 2009 FEBRABAN has been promoting the FEBRABAN Banking Economy Award, which aims to encourage debate and academic research on themes related to the financial market and banking economy. In this 13th Edition, a...
Since 2 days Read More
Climate Bonds Initiative highlighted key figures of Sustainable Debt Market 2021
Total volumes for labelled Green, Social and Sustainability (GSS) bonds, Sustainability-linked bonds (SLB) and Transition bonds reached nearly half a trillion (USD496.1bn) in the first half of 2021. This amount repres...
Since 1 week Read More
Uruguay wants to become a green hydrogen producer
Uruguay's Ministry of Industry, Energy and Mining announced a plan to develop green hydrogen projects for the decarbonisation of freight transport, the energy sector and industry, as well as for exporting the fuel to ...
Since 3 weeks Read More