In The News

In The News
Sam Stewart, Utah Fund Manager Who Supported The Arts, Dies At 79

Stewart founded Wasatch Advisors, an investment firm that amassed $17 billion in assets.

11.30.21
In The News
Asset Owners Have Little Impact In Reducing Carbon Footprints Of Companies, Report Finds

One of the authors of the report said finance alone cannot be relied upon to tackle climate change.

11.29.21
In The News
Defeated In CalPERS Elections, 2 Ex-Board Members Vow To Press For Pension Fund Changes

Margaret Brown’s final public meeting may have been this month, but the defeated CalPERS board member and pension plan critic isn’t going away quietly.

11.29.21
In The News
Ray Dalio’s Bridgewater Raises $1.25 Billion For Its Largest China Fund Yet

The action catapults the hedge-fund firm into the ranks of the biggest foreign managers of private funds in the world’s second-largest economy.

11.24.21
In The News
BlueBay Launches ESG-Focused Multi-Asset Credit Fund

The Article 8 fund offers a higher yield than most of its competitors by increasing its credit risk, Citywire Selector can reveal.

11.23.21
In The News
Polar Capital Hits £25 Billion As Emerging Market Fund Stars

Strong inflows into Polar Emerging Markets Stars fund offset the turn in sentiment towards its flagship tech strategy.

11.23.21
In The News
NY Urged To Launch Endowment For Public Universities

New York is facing calls from faculty to boost the state’s public university system by launching a university endowment — a step dozens of other states have taken.

11.22.21
In The News
Biden To Nominate Jerome Powell For Second Term As Federal Reserve Chairman

President Biden plans to nominate Fed Chairman Jerome Powell for a second term, opting for policy continuity despite resistance from some progressives. Lael Brainard will be nominated as vice chair.

11.22.21
In The News
LGIM Ends Feedback On Executive Pay After Finding It Mostly Ignored

UK’s largest asset manager to focus direct consultation on areas such as climate change instead.

11.22.21
In The News
Asset Managers Blame SEC Rules For Decision To Pull Bitcoin ETFs

Invesco and Bitwise cite regulator’s insistence on 100% exposure to bitcoin futures alongside other concerns.

11.22.21