Digital investor communication platform, Proxymity, has announced that State Street has deployed its digital proxy voting service, Vote Connect Total, in the UK and Ireland in time for the 2023 proxy season.
New analysis released by WTW has revealed that an investment team with a greater level of diversity leads to better investment outcomes. In the company’s new paper, Diversity in the asset management industry: on the right track but at the wrong pace, data shows that investment teams in the top quartile of gender diversity outperform the bottom quartile by 45bps per annum in terms of net excess returns.
Cerulli Associates reports that ongoing regulatory change in Europe is spurring more advanced ESG strategies in the pension space, but a lack of suitable products is seeing larger schemes create customised mandates.
The European Fund and Asset Management Association (EFAMA) has today published its response to the ESMA consultation on guidelines on funds’ names using ESG or sustainability-related terms.
Arthur D. Little (ADL) has launched its 2023 CEO Insights Study, highlighting that the leaders of the world’s biggest companies are confident despite the current turmoil. Sixty-three per cent expect a stable or positive economic outlook over the next three to five years.
Despite higher interest rates leading to real returns being generated by bond portfolios for the first time in a decade, the UK and European private equity industry is not suffering a significant downturn prompted by investors turning to more traditional structures, according to professional services business JTC Group.
Despite a growing share of women across five countries reporting impact investing appeals to them, the sixth impact investing survey by the USD218 billion global asset manager American Century Investments shows a gender gap persists.
Octopus Investments (Octopus), part of Octopus Group, has announced it has launched an Affordable Housing strategy for institutional investors, to accelerate the delivery of genuinely affordable homes in the UK. The strategy is targeting initial commitments of GBP200-300 million across multiple closes in 2023.
British company Kana Earth Ltd has launched an open ledger and investment platform for the UK’s carbon offsetting market, which, the company writes, is designed to address many of the major obstacles holding the sector back for fund managers investing in this sector.
Smaller investors will have greater opportunity to flex their shareholder voting muscles as some of the world’s largest asset managers expand proxy voting services.
