Although the industry is paying increased attention to diverse money managers, concerns remain for the future of minority-owned firms.
The inclusion of diverse money managers in an investment portfolio should be viewed as an alpha play, with the potential to boost returns.
The COVID-19 pandemic and its effects are not stopping USS Investment Management executives from bringing more money management in-house.
Jonathan Little is used to building businesses from scratch, but doing it in the middle of a pandemic is a totally different thing.
More than one-third of sovereign wealth funds were tapped to support their local economies or plug fiscal deficits in 2020.
France's financial regulator proposed a sanction and $45 million fine on Amundi, related to a series of trades made in 2014 and 2015.
Simon Partridge joined Russell Investments as U.K. head of fiduciary management solutions.
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.
Athene Holding and its strategic partner Apollo agreed to acquire a further 15% stake in Australian investment firm Challenger.
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.
Fabiana Fedeli will join M&G as chief investment officer overseeing equities, effective Aug. 23.
Affiliated Managers Group agreed to acquire a majority equity stake in ESG-dedicated money manager Parnassus Investments.
Sustainable investing has grown in importance for institutional investors due to the coronavirus pandemic.
Any changes to the Government Pension Fund Global's investment strategy on the basis of climate risk should be made with caution.
The executive board of the world's largest wealth fund put one company under observation and readmitted three to its investment universe.
The Genesis Emerging Markets Fund board wants to appoint Fidelity International as investment manager, replacing a 30-year provider.
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.
HSBC Asset Management is taking a minority stake in U.S.-based ESG, diversity and inclusion consulting firm Radiant ESG.
State-owned asset pools are less resilient than they should be, with many yet to develop safeguards for risk.
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.