Asset owners pledge to at least halve portfolio emissions by 2030
By Simon Jessop LONDON (Reuters) - A group of the world's largest asset owners managing $10.4 trillion said on Tuesday they would step up their response to climate change and aimed to at least halve
BlackRock’s Fink defends stakeholder capitalism as “not ‘woke’
By Akriti Sharma and Ross Kerber (Reuters) -Larry Fink, chief executive of the world's biggest asset manager BlackRock Inc, has defended a shareholder movement that pushes companies to focus on the
Swiss bank UBP boosts assets under management 8.8% in 2021
ZURICH (Reuters) - Swiss bank Union Bancaire Privee said assets under management rose 8.8% in 2021 to 160.4 billion Swiss francs ($175.40 billion), helped by favourable market conditions and net
Activist fund Starboard nominates four directors to Huntsman board
By Svea Herbst-Bayliss (Reuters) - Activist hedge fund Starboard Value LP has nominated four directors, including its own chief executive, to Huntsman Corp's board, arguing that new members would help
Oil could jump by $20 if Ukraine crisis worsens, says BofA
(Reuters) - Global oil benchmark Brent crude could rise by $5-$20 a barrel depending on the severity of the Russia-Ukraine crisis, Bank of America (BofA) Global Research said on Tuesday, adding that
Goldman appoints Sarsfield to co-run asset management unit – Bloomberg News
(Reuters) - Goldman Sachs Group Inc has appointed Luke Sarsfield to co-head its $1.7 trillion asset-management business, Bloomberg News reported on Sunday.
Your time is valuable: Here is how to negotiate for more at work
By Chris Taylor NEW YORK (Reuters) - When Maryam Sabbagh was negotiating to join a new PR agency last fall, she was not just thinking about the money.
Swiss Re swings to 2021 profit but still feels pandemic effect
FRANKFURT (Reuters) -Swiss Re swung to a smaller-than-expected full-year profit in 2021, the reinsurance company said on Friday, marking a partial rebound from the coronavirus pandemic despite big
China to expand commercial pension pilot scheme nationwide, regulator says
BEIJING (Reuters) - China will from March 1 expand nationwide a pilot scheme developing commercial pension products for the country's aging population, its banking and insurance regulator said on
The Saver’s Dilemma: Where to put your cash now?
By Chris Taylor NEW YORK (Reuters) - Cash savers are between a rock and a hard place right now. Interest rates on typical places to stash money, like savings accounts, are near all-time lows.