The framework can measure a company’s efforts to look for lower carbon emission substitutes.
Malaysian stock picker says “fund management is boring”; BNY Mellon IM creates client services role; Australia’s Insight Investment poaches from Barings for global distribution role; Allianz GI launches an SGD income fund in Singapore; Eastspring and Phillip Securities enter distribution agreement in Indonesia; Mass Mutual sells its Hong Kong business to Jack Ma-backed Yunfeng Financial; and more…
Singapore’s sovereign wealth fund GIC is expecting to earn lower returns in the coming years, citing concerns over valuations and market uncertainty in its annual report.
Singapore’s state-run GIC is dumping 93 million shares of UBS at a loss, according to a statement from the sovereign wealth fund.
GIC, Singapore’s sovereign wealth fund, has opened a new office in Brazil to focus on investment opportunities in Latin America.