The investment industry is facing increasing pressure from long-term investors who are urging asset managers to adopt a more proactive stance on climate risk management. A coalition of 26 financial institutions and pension funds, collectively managing $1.5 trillion, has vocalized their expectations
The recent signing of a non-binding Memorandum of Understanding (MoU) between Generali and BPCE marks a significant milestone in the asset management industry. This collaboration aims to establish a joint venture that combines their respective asset management operations, Generali Investments
The Asset Management Board's recent approval of a new courthouse in Springfield, Massachusetts, despite a dissenting vote, has raised questions about the fairness of the bidding process. The existing Roderick L. Ireland Courthouse, plagued by environmental issues like black mold, has been linked to
In a significant move aiming to reshape traditional financial systems, Ripple has partnered with OmniNetwork to address tokenization's challenges and expand on-chain economy capabilities. Leveraging its XRP Ledger (XRPL), Ripple is at the forefront, intent on disrupting established financial
As we approach 2025, Asia-focused asset managers are navigating a complex and evolving landscape. This article delves into the critical trends and issues that will shape their strategies and decisions in the coming years. From geopolitical shifts to regulatory changes, and from China's economic
RBC Global Asset Management Inc. (RBC GAM Inc.) has announced the final cash distributions for December 2024 for its suite of RBC ETFs and ETF Series of RBC Funds. This announcement provides detailed information on the final cash distribution amounts per unit for these investment vehicles, offering
