Opinion
Q&A: Shundrawn Thomas Discusses His Push for Diversity, Empathy
The president of Northern Trust Asset Management has written several open letters about the unequal toll marginalized communities face.
Tag: bank
Asset Management Culture
Incoming Norges Bank Chief Nicolai Tangen to Sell Hedge Fund Holdings
The divestment addresses concerns raised at a parliamentary hearing earlier this month.
Corporate Moves
Norges Bank Board Defends Chief Executive Pick, Again
At a parliamentary hearing, the board governor helped the hedge fund manager Nicolai Tangen, under fire since his appointment.
Corporate Moves
Unease Remains Around Incoming Chief at Norges Bank
The supervisory board at the sovereign wealth fund told the national parliament that further control measures are needed to prevent conflicts of interest.
Corporate Moves
Norges Bank Finalizes Contract with Controversial CEO Pick
The incoming chief executive will distance himself from his old hedge fund.
How CIOs Get Leeway from the Board
Getting a board buy-in for rebalancing portfolios is tough for new investment chiefs. Veterans reveal tried-and-true practices that helped them gain some freedom.
CIO Roundtable: Secrets to Building an Effective Team
Insights from leading asset allocators into how they form and manage top-notch staffs.
Alternatives
Barclays Joins the Carbon Neutrality by 2050 Movement
The UK-based bank has indicated it wants to align the principles of all its financing activities with that of the Paris climate agreement.
Manager Selection
Norway’s Sovereign Wealth Fund Selects New Chief Executive
Nicolai Tangen, a hedge fund manager based in London, will take over the nearly $1 trillion plan.
Asset Management Culture
Norges Bank Draws Down Oil Revenues to Ease Coronavirus Impact
Norway’s central bank is ramping up spending amid greater calls from the government for a stimulus package.
Pensions
Norway’s Pension Fund Rakes in Record $180 Billion Return for 2019
Norges Bank Investment Management also deliberates eight candidates for CEO job.
Asset Allocation
JP Morgan Chase Commits $200 Billion to Sustainability Financing
Often cited as a climate offender, the bank has capped lending to coal mining and Arctic drilling projects.
Market Moves
Goldman Warns Coronavirus Could Bring a Market Correction Soon
Earnings growth is threatened by the epidemic, which has shut down much of China’s economy, strategist says.
Asset Management Culture
M&A Will Rise in 2020, Just Not as Fast, Survey Says
Deloitte poll finds that 63% of dealmakers look for more activity this year, down from 2019’s expectations.