It’s good news the world’s largest asset manager aims to change how it invests but actions will speak louder than wordsBlackRock’s conversion to sustainable investing comes late in the day and may have been motivated, in part, by founder and chief executive Larry Fink’s fear that the “greenwasher” label would stick. Activists were banging on BlackRock’s door. Fink’s treaties on the importance…
17th Jan 2020 - 10:16am
Pantheon promotes two to partner
17/01/2020 - 10:16am
Pantheon has promoted two London-based investment principals, Toni Vainio and Erik Wong, t partner.
In addition, four other staff members have been promoted to Principal: Stuart Cullen, Investment, London; Iain Jones, Investor Relations & Marketing, San Francisco; Kunal…
Neil Woodford and his business partner took £13.8m in dividends last year from their investment management company months before the implosion of its main fund, which left 300,000 investors nursing large losses.
20th Jan 2020 - 4:52pm
Mashreq appointss Head of International Banking
20/01/2020 - 4:52pm
UAE financial institution Mashreq has appointed Tarek El Nahas as its new Head of International Banking Group.
Tarek spent 25 years at Citibank, most recently as the Head of Corporate and Investment Banking for North Africa, Egypt and Levant, managing teams…
China’s first initial public offering allowing investors to buy shares in the world’s largest rail network proved hugely popular this week, with interest in the initial public offering for the Beijing – Shanghai High-Speed Railway line oversubscribed by 126 times.On Monday, more than 12 million retail investors expressed interest in the initial public offering (IPO) for the company which is owned…
7th Jan 2020 - 4:43pm
MSCI launches fixed income ESG and factor indexes
07/01/2020 - 4:43pm
MSCI Inc has broadened its range of fixed income tools and solutions for institutional investors with the launch of the MSCI Fixed Income ESG Indexes and the MSCI Fixed Income Factor Indexes.
MSCI brings to market 15 Fixed Income Indexes to meet investor…
14th Jan 2020 - 4:06pm
BNY Mellon announces new suite of services to deliver greater NAV oversight and contingency
14/01/2020 - 4:06pm
The Bank of New York Mellon Corporation (BNY Mellon) has launched new suite of oversight and contingent Net Asset Value (NAV) calculation solutions to complement its existing fund accounting capabilities for clients…
24th Jan 2020 - 10:32am
SGX acquires Scientific Beta in EUR186m deal
24/01/2020 - 10:32am
Singapore Exchange (SGX) is scaling up and accelerating the growth of its Data, Connectivity and Indices (DCI) business with the acquisition of a 93 per cent stake in Scientific Beta for EUR186 million in cash (SGD280…
23rd Jan 2020 - 10:21am
Style Analytics expands ESG offering with Carbon Risk Ratings from Sustainalytics
23/01/2020 - 10:21am
Style Analytics, a provider of factor-based portfolio and market analytical tools for investment professionals, is expanding its ESG factor analysis tool with the launch of Carbon Risk…
7th Jan 2020 - 9:29am
PSERS selects SimCorp for multi-asset investment coverage
07/01/2020 - 9:29am
SimCorp, a provider of investment management solutions and services to the global financial services industry, has signed a license agreement with Pennsylvania Public School Employees’ Retirement System (PSERS), to form the foundation for its middle…
22nd Jan 2020 - 9:49am
Kempen adds to alternatives solutions team
22/01/2020 - 9:49am
Kempen Capital Management (Kempen) has strengthened its alternative solutions team with the appointment of Anne Mei Poppe as alternative investment specialist.
Poppe, who has twelve years of experience in financial services, will focus on the growing demand from…
22nd Jan 2020 - 10:44am
Octopus appoints Co-Heads of Institutional Funds
22/01/2020 - 10:44am
Octopus Group has appointed Deniz Sevincer and Mark Williams as Co-Heads of Institutional Funds.
Sevincer and Williams will be jointly responsible for managing Octopus’ institutional strategy to help assist institutions with their allocations to alternatives…