2020 will hardly be the year the UK stockmarket covered itself in glory. According to data from FE fundinfo, writes Lauren Mason, the FTSE 100 index finished the year down 11.6%, compared to the MSCI World's gain of 12.3% – making it the worst-performing major regional stockmarket over the period.
DTCC identifies key priorities for managing risk in post-pandemic environment
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14/01/2021 - 9:15am
The Depository Trust & Clearing Corporation (DTCC) has identified the key priorities where financial market infrastructures (FMIs) should focus in the coming years to proactively and effectively manage risk in a post-pandemic environment.
In a new…
A fund manager has been charged with misappropriating over US$7 million from retail investors who he had duped into believing he was an experienced and successful investment manager.
Nasdaq launches enhances risk platform
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13/01/2021 - 4:54pm
Nasdaq (NDAQ) has unveiled an enhanced Nasdaq Risk Platform, a real-time single point of access risk platform for sell-side and clearing broker communities.
The cloud-based platform provides visibility of initial margin, counterparty risk controls and improved risk-adjusted outcomes across…
Pension funds and investment managers join forces to better embed stewardship into the investment process
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13/01/2021 - 10:36am
Pension funds and investment managers have joined forces to launch a new steering group to examine how stewardship and a focus on long-term investment can be better integrated into the investment process to create sustainable…
Amundi and BNY Mellon form strategic alliance
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13/01/2021 - 10:47am
BNY Mellon and Amundi have announced a transatlantic collaboration which will see the integration of BNY Mellon OMNI, a client- and data-centric securities services platform, and Amundi’s ALTO* (Amundi Leading Technology and Operations), its portfolio management system.
The aim is to…
Natural capital at centre of new USD10 billion investment alliance
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By Madeleine Taylor | 12/01/2021 - 6:23pm
Three early adopters of natural capital investing – HSBC Pollination Climate Asset Management, Lombard Odier and Mirova – have come together to form a new alliance dedicated to growing natural capital…
Rathbones has appointed former CEO of Phoenix Group Clive Bannister as non-exectuive director and chairman designate, replacing Mark Nicholls at the firm’s 6 May AGM.
The agreement of a Brexit deal was welcomed by financial markets in late December as sterling and UK equities strengthened in response, but the bare bones deal leaves UK asset managers in the lurch as their access to European markets remains in question.
While institutional investors are facing an “unquestionably brighter” economic outlook in 2021, challenges such as fluctuations in the U.S. and Canadian dollars still lie ahead, ...
Institutional allocations to private markets to rise again in 2021, finds Commonfund investor survey
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By Madeleine Taylor | 12/01/2021 - 9:15am
Institutional investors are planning to increase allocations towards private markets in 2021, with a particular focus on small and medium-sized US private equity funds…
Depressed UK stocks could prove rich pickings in 2021
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14/01/2021 - 10:53am
Scott McKenzie, co-manager of the TB Saracen UK Alpha Fund, says UK equity market is still a global pariah and coupled with an ongoing value rotation this creates strong opportunities for investors.
“The changes over the last quarter at a sector level were dramatic. In a…
Institutions urge HSBC to cut exposure to fossil fuels as shareholder climate activism accelerates
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By Madeleine Taylor | 11/01/2021 - 1:01pm
A group of 15 leading institutional investors including Amundi, Man Group, and Brunel Pension Partnership have filed a shareholder resolution with HSBC, targeting the…