Amundi has announced that it has reached a definitive agreement with Victory Capital for their previously announced transaction.
n response to the increased attention to climate change risk, institutional investors, asset managers, and asset owners in the US are committed to implementing a variety of measures to address climate change and reach their net-zero goals, according to Cerulli Associates.
Blue Tractor Group has received notice from the SEC to license their semi-transparent ETF model to investment managers who offer long/short portfolios.
Morgan Stanley Investment Management (MSIM) has announced the launch of the Morgan Stanley Funds (UK) American Resilience Equity Fund, following the launch of the Luxembourg vehicle in 2022.
US public sector pension plan managers believe the plans they support will spend more on scenario modelling and stress testing in the next two years to help manage the increased risk of market shocks according to new research from Ortec Finance.
Natalie Trevithick, Director and Head of Investment-Grade Credit, Payden & Rygel, writes that the major macro trends that the market is currently focused on are primarily inflation, the employment picture, and US gross domestic product.
From 28 May the trade settlement cycle moves from T+2 to T+1, meaning pretty much all market participants in the US must settle trades within one day or face the wrath of the financial regulator.
Cerulli Associates in the US writes that asset managers are pivoting from relying on mutual funds as their prime source of profitability to presenting new products and vehicles that financial advisers and their clients demand.
DWS in the US has announced the listing of Xtrackers MSCI USA Climate Action Equity ETF (NYSE: USCA), with significant first day investment from Ilmarinen. The firm writes that the fund is designed for investors seeking exposure to large and mid-cap companies in the United States that are leading their sector peers in taking actions relating to climate transition.
San Francisco-based global alternative asset manager TPG has announced the USD7.3 billion final close of TPG Rise Climate, the dedicated climate-related investing strategy of the
