Redington has announced it will align all default client advice with the goal to reach net-zero carbon emissions by 2050 at the latest, as outlined in the Paris Agreement.
Asset managers representing $22.8trn (£16.5trn) of assets under management (AUM) have joined the Net Zero Asset Managers initiative, bringing the total number of signatories to 73.
Standard Life Aberdeen and Fidelity have signed an open letter demanding action on inclusion in response to the Black Lives Matter movement.
A record-breaking 150 ‘dog’ funds have been identified in the latest bi-annual Bestinvest Spot the Dog report, with total assets of £54.4bn sitting in these vehicles.
More than 80 major fund management firms will come together to offer a range of investment internships to black graduates.
Longer life expectancies, caring responsibilities, and lower average salaries leave women’s retirement savings lacking. Mark Sullivan looks at how the US is closing the gap.