The inclusion of diverse money managers in an investment portfolio should be viewed as an alpha play, with the potential to boost returns.
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.
Firms that delegate the investment management of their strategies to third-party firms need to improve their standards.
French investors launched an initiative promoting the consideration of social issues amid the low-carbon transition.
Private assets manager Bridgepoint intends to undertake an initial public offering on the London Stock Exchange, raising about $416 million.
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.
Henry Howell joined digital assets hedge fund manager Nickel Digital Asset Management as head of business development.
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.
Private capital assets focused on APAC are set to grow to a total $6.1 trillion by 2025, with the majority of allocations to private equity.