Fidelity International, a global asset manager with assets under management of USD787 billion, has said it will vote against company boards that fail to meet its expectations for tackling climate change.
Investors are starting to reduce their emerging markets equity allocations due to fears of a growth slowdown in China, cutting back on significantly overweight positions they built during the country’s rapid economic recovery from coronavirus last year.
The market for ESG investing in the UK will come under greater scrutiny from the Financial Conduct Authority (FCA), according to a new business plan published by the regulator.
A handful of the highest-raising investment funds are scooping the vast majority of all money invested in a month, raising concerns that large passive managers are becoming “too big to fail”. On average, 87 per cent of monthly net investment flows go toward the top twenty funds alone, according to exclusive data from EPFR.
Asset managers are warning that new sustainable finance rules in Europe could end up reducing financing to emerging economies, where capital is most needed to fund the renewable energy transition.
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BlackRock has raised USD250 million from a consortium of ten institutional investors, governments and charities for its flagship ‘blended finance’ fund, which aims to help emerging market economies reduce carbon emissions.
By Neil Jamieson, head of UK and Ireland Sales at NTree International, a firm specialising in distribution and investor education.
Asset management firms are accelerating their digital transformation, with almost half planning to boost their digital spend in the coming year. The push to digitalise been driven by the rise of low-cost passive investing and digital-first challenger banks, which have squeezed the margins of traditional asset managers.
“Knowing more about less”: this is how Willis Towers Watson describes the process of researching fund managers. “There are 18,000 asset managers. There are more asset managers than there are stocks in indices,” says Chris Redmond, head of manager research at Willis Towers Watson. “We cannot possibly devote our time to every one of them.”
In this 5th and final podcast of the series, Steven Unzicker, Founder of ANZU Research, SEI’s Ross Ellis and Michael Neumann, Head of AI Quantitative Strategies and Partner at Arabesque, discuss how the decentralised model - as characterised by Uber and Airbnb – could inform the future of fund management.
Asset managers are weighing the impact of upgraded inflation expectations on financial markets, as the Federal Reserve moves up its timeline for interest rate hikes and bond tapering.
