Jonathan Little is used to building businesses from scratch, but doing it in the middle of a pandemic is a totally different thing.
The ECB will aim for 2% inflation over the medium-term under a new monetary policy strategy, altering its target for "price stability."
Money managers' operating profits failed to follow an upward trend in global AUM, as cost pressures and fee contraction continued to bite.
An industry association and regulators are separately consulting on efforts to improve diversity in the U.S., Canada and U.K.
Forty-one managers joined an initiative to achieve net-zero emissions in portfolios by 2050, taking total signatories to 128.
Affiliated Managers Group agreed to acquire a majority equity stake in ESG-dedicated money manager Parnassus Investments.
Hala Zeine joined Blackstone's portfolio operations group as a managing director for the technology sector.
Oliver Little joined Neuberger Berman as head of U.K. insurance solutions based in London.
Research shows a "significant" overlap between the United Nations' 17 sustainable development goals and financial performance indicators.
Deloitte will shift $1.4 billion in default fund assets into a new sustainability-focused strategy.
French investors launched an initiative promoting the consideration of social issues amid the low-carbon transition.
The U.S. equity market increased by 51.9% for the year to May 7, with the market cap of Russell 3000 companies hitting $47.7 trillion.
Japan is making progress in improving corporate governance, but tokenism and overboarding are creeping up as companies meet new standards.
Improvements to Japanese corporate governance have been noticeable over recent years, but more work is needed.
Health-care professionals got a helping hand with their finances at the height of the COVID-19 pandemic, executives said on a webinar.
Marion Le Morhedec was named global head of fixed income at AXA Investment Managers, effective immediately.
USS Investment Management appointed Janet Oram as head of asset-backed securities, part of efforts to grow its in-house fixed-income unit.
BlackRock will acquire and integrate business and technology consultant Baringa's climate-change scenario model into its Aladdin platform.
Christian Lemaire retired as global head of retirement solutions at Amundi after 20 years with the firm and its parent organization.
Legal & General Investment Management divested from four companies over insufficient action to address climate-change risks.
RPMI Railpen will study how effectively U.K. companies are discussing and responding to social factors in the workplace.
Public Investment Fund made two appointments to its new Middle East and North Africa-focused division as part of its growth strategy.