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Investment managers and consultants to be assessed by UK pension trustees on ‘climate competency’ under new guide Investment consultants are preparing for the onset of mandatory climate risk reporting at large UK pension schemes in October, with industry names including Aon, Mercer, and Willis Towers Watson publishing a new guide for trustees to assess the climate competency of their consultants. |
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Smart Pension commits to net zero portfolio emissions | Mon | 1 Feb 2021, 11:42 | UK master trust, Smart Pension, has signed up to Make My Money Matter and pledged to develop its investment approach and commit to net zero emissions well ahead of the 2050 deadline outlined by other schemes. |
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MFS launches MFS Meridian Funds - Global New Discovery Fund | Mon | 1 Feb 2021, 11:42 | MFS Investment Management (MFS) has launched the MFS Meridian®Funds – Global New Discovery Fund, a research-driven, global, small- and mid-market-cap equity strategy that takes a flexible geographic approach in seeking stocks of companies with compelling valuations and long-term capital appreciation potential. |
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Eastspring Investments opts for SimCorp Coric | Mon | 1 Feb 2021, 11:42 | Eastspring Investments, the Asian asset management business of Prudential, has deployed SimCorp Coric to provide improved client reporting capabilities across its business. |
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Crypto Broker AG secures FINMA securities house licence | Mon | 1 Feb 2021, 11:42 | The Crypto Finance Group's brokerage subsidiary, Crypto Broker AG, has been granted a licence as a securities house with a bilateral trading facility by FINMA, the Swiss Financial Market Supervisory Authority. |
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Luxembourg proves resilient in 2020 despite pandemic headwinds | Mon | 1 Feb 2021, 11:42 | 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. |
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Inverness Graham makes several promotions | Mon | 1 Feb 2021, 11:42 | Inverness Graham Investments, a private investment firm that acquires innovative tech-enabled manufacturing, service and software companies, has made several promotions, including Matt Moran to Managing Principal. |
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Carmignac makes internal promotions | Mon | 1 Feb 2021, 11:42 | European asset manager Carmignac has made two promotions in the equity team led by David Older. In the emerging market practice. Haiyan Li-Labbé has been appointed to co-manager of Carmignac Emergents alongside Xavier Hovasse, head of Emerging Equities. Amol Gogate has been appointed to co-manager of Carmignac Portfolio Emerging Discovery also alongside Xavier Hovasse. |
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The Bank of New York Mellon SA/NV opens a new branch in Spain | Mon | 1 Feb 2021, 11:42 | The Bank of New York Mellon SA/NV has opened a new branch in Spain. The branch in Madrid will provide support for existing and prospective clients seeking access to BNY Mellon’s global capabilities and innovative solutions and follows the opening of the Copenhagen branch in December 2020. |
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