The rise of sustainable finance, the impact of Brexit, EU regulation and the fallout of the pandemic all have the potential to shape considerations around alternative fund domicile selection, according to new research published this month by IFI Global and supported by Jersey Finance.
FTSE 100 dividend yields forecast to rise 24 per cent this year as economy bounces back from Covid-19 crisis
UK equity analysts forecast that the dividend yields on FTSE 100 shares will rise by 24 per cent from 2.56 per cent to 3.17 per cent this year as the economy begins its recovery from the coronavirus recession, according to new research from Bowmore Asset Management.
Legal & General Investment Management (LGIM), one of the world’s largest asset managers, has released its tenth annual ‘Active Ownership’ report, which reveals that over the course of 2020, it increased company engagements by 21 per cent and continued to vote globally, opposing the election of more than 4,700 company directors, as it sought to effect positive change at companies in which it invests.
Appetite for renewable energy infrastructure has been extremely strong, buoyed by ESG agendas as well as broader demand for infrastructure as an asset class.
New York stays in top spot while London’s position challenged by leading Asian centres in Global Financial Centres Index Ratings
New York has retained its lead in the rankings of the Global Financial Centres Index 29 (GFCI 29), launched by Z/Yen Group in partnership with the China Development Institute (CDI). London has fallen to only one point ahead of third place Shanghai.
A group of institutional investors worth USD13 trillion, including Aviva Investors, AXA Investment Managers, and Fidelity International, has pledged to support fair and equal global access to vaccines and healthcare in the fight against coronavirus.
Global dividends fell by 12 per cent in 2020 to USD1.3 trillion in the full year of 2020, after cuts and cancellations reached USD220 billion between April and December.
Global institutional pension fund assets in the 22 largest major markets (the P22) continued to climb in 2020 despite the impact of the pandemic, rising 11 per cent to USD52.5 trillion at year end, according to the latest figures in the Thinking Ahead Institute’s Global Pension Assets Study.
BTIG employees will not be required to return to any of the firm’s US offices prior to Labor Day of 2021.
Luxembourg’s economic stability and the expertise available in its specialised eco-system continues to attract global financial firms, amidst the Covid-19 pandemic, with 82 new entities being licensed to operate by the country’s two financial regulators during 2020.