The number of funds that consider environmental, social and governance (ESG) issues when they make investment decisions is small according to MSCI research.
BlackRock UK head of defined contribution Steve Rumbles has resigned from the company.
Andrew Short examines why global equities are back in favour
Two newly-launched services aim to help institutional investors scrutinise their exposure to environmental social and governance risks.
UK - BlackRock veteran Deborah Fuhr is joining Bank of America Merrill Lynch in London as head of its Global Delta One Strategy, according to a source close to the bank.
Wendy Mayall, chief investment officer for Unilever’s UK and Ireland pension scheme, is leaving her position after 16 years to rejoin the consulting industry.
GLOBAL - Have you missed the biggest stories in pensions this week? Find out below, as we list the top 10 most popular stories on www.globalpensions.com over the past seven days.
US – BlackRock has lured the trio who launched Merrill Lynch’s private equity business to help kick-start direct private equity offerings within BlackRock.
Towers Watson has poached Helen Dowsey from rival consultant Aon Hewitt.
US - The New York State Common Retirement Fund has agreed a $4.25m settlement in a securities fraud law suit against Merrill Lynch.
ASIA - Threadneedle has appointed Raymundo Yu to the newly created position of Asia Pacific chairman.
Be honest. Do you, from time to time, read your horoscope in the daily free papers?
US/EUROPE - Pension funds from Europe and the US have been given the go-ahead to proceed with a securities fraud lawsuit against Bank of America and Merrill Lynch.
Exchange trading of stock loans promises to inject a needed dose of transparency and liquidity into the securities lending business. Kris Devasabai reports on the latest developments
NETHERLANDS/US – Dutch asset manager APG has filed a suit against Bank of America (BofA) alleging the firm misled shareholders in the lead-up to its acquisition of Merrill Lynch.
JAPAN – Religare Enterprises hired a team from KBC Financial Products to tackle the Japanese asset management market.
As the financial crisis-induced demand for cash begins to wane, Lynn Strongin Dodds looks at where cautious fund managers are seeking returns
US – A federal judge has approved a US$150m settlement between Bank of America and the Securities and Exchange Commission settling charges that the bank failed to disclose material information about its acquisition of Merrill Lynch.