Eager APAC and EMEA investors are driving a surge in emerging market debt allocation, with almost three quarters of investors now allocating toward the asset class, according to Invesco’s third annual Global Fixed Income Study. This figure has shot up, with just under half of investors reporting the same in 2018.

A major new impact investment coalition has launched to address the social and economic fallout from Covid-19, with financial support coming from leading foundations including The Rockefeller Foundation, Open Society Foundations, and the Ford Foundation.

Northern Trust has enhanced its Foreign Exchange (FX) currency management solutions with machine learning models designed to enable greater oversight of thousands of daily data points and help reduce risk throughout the currency management lifecycle.

JonesTrading Institutional Services has promoted Andrew (Andy) Volz to Chief Operating Officer (COO).

By Stephen Snowdon, manager of Artemis Corporate Bond Fund
After a tumultuous two months in markets and with corporations scrambling to fortify their balance sheets, what can we expect from corporate bonds? Stephen Snowden, manager of the Artemis Corporate Bond Fund, shares his views.

Sovereign wealth funds may have weathered market volatility better than feared, with new research from the International Forum of Sovereign Wealth Funds (IFSWF) and State Street Corporation highlighting that many fund portfolios were already overweight cash and underweight equities in the run-up to the pandemic crisis. 

Marlborough Fund Managers has announced the long-term succession planning strategy for the three UK Smaller Companies funds co-managed by Giles Hargreave.

The Citco Group, an asset servicing provider to the global alternative investment industry, has partnered with securities class action recovery service provider, Financial Recovery Technologies.

Digital asset infrastructure provider Copper has launched ClearLoop enabling instant and secure cryptoasset trading across six exchanges.

GoldenSource, an independent provider of Enterprise Data Management (EDM) and Master Data Management (MDM) solutions, has announced that HESTA is live with the GoldenSource Nexus investment data management platform. It will support the fund’s strategic investment decisions and the selective insourcing of funds management.