Fund processing automation rates of cross-border funds rose to 90.4% in Q4 2018 from 88% in Q4 2017, stated the latest report by EFAMA and SWIFT, indicating better efficiency and lower costs.
An Invesco survey finds out China-US trade war is the main reason for the expected gold rush.
CDP, a non-profit that runs global disclosure system for companies and subnational governments, has teamed up with Euronext to introduce two new indices, where, for the first time, stock selection is solely on their performance on three key environmental challenges: climate change, water security and deforestation.
Banks are afraid that this system will jeopardise those that are already under development.
FTSE Russell claims to have launched the first ever Climate Risk-Adjusted World Government Bond index, which will allow sovereign debt investors to incorporate climate change risk considerations into their portfolio.
The likeliness of a recession is low in the near future, if the US Federal Reserve’s rate cut expected rolls out, said Vincent Juvyns, strategist, JP Morgan Asset Management.
Asset manager Amundi and alternative data provider and consultant Preqin have released their second report focusing on alternatives in Europe.
Interest among European individual investors in socially responsible investment (SRI) is growing – with 64 per cent of the surveyed investors willing to invest responsibly – but the actual investments still remain abysmal (5-7 per cent), according to the latest research by BNP Paribas Asset Management (BNPP AM).
The German banking giant has announced a three-year plan aimed at reducing adjusted costs to €17bn in 2022 and targeting a cost income ratio of 70% in that same year.