Supporting responsible business and causes with the goal of a more sustainable future.
POSTED
06-02-20
Impact investment is the fastest growing sector of the financial industry. In a 2019 deal that signalled the scale and potential of the sector’s future, the British asset manager, Schroders (with over $400 billion of assets under management) acquired a majority stake in BlueOrchard. Schroders’ CE...
POSTED
06-02-20
Cornerstone Capital Group (“Cornerstone”) today announced the appointment of Rostam Zafari to its Board of Directors. Zafari is a humanitarian who is passionate about providing access to affordable healthcare, economi...
POSTED
05-20-20
CIT and its Pasadena-based banking subsidiary CIT Bank, N.A. today announced a $37.3 million investment in the Jordan Downs Apartments Project, a 92-unit multifamily apartment complex to support low-to-moderate income families in the W...
POSTED
05-19-20
Fifth Third Bank, National Association announced today that it has secured more than $5.5 billion in funding approval for more ...
POSTED
05-15-20
Wells Fargo & Company (NYSE: WFC) today announced additional efforts to help people stay in their homes with funding for mo...
POSTED
05-12-20
We are experiencing a transition to an era where total social benefit is becoming an increasingly important metric for the perceived value of products and services. Consequently, the investment industry is risking its enduring relevance and credibility by assessing and subsequently rewarding succ...
POSTED
05-11-20
Northern Trust Corporation (Nasdaq: NTRS) announced today it is providing $100 million in low-cost funding to assist Community Development Financial Institutions (CDFIs) as they provide loans to small businesses and non-profit organizations under the federal Paycheck Protection Program (PPP).
...POSTED
05-11-20
In an era of rising concerns about climate change, T. Rowe Price reported today that environmental, social and governance (ESG) disclosure issues became the number one topic in its voluminous engagements with the managements of companies around the world in 2019. Looking to the future, the $1.01...
POSTED
05-05-20
Northern Trust (Nasdaq: NTRS) has enhanced its analytical capabilities to provide pension funds and other global institutional investors with heightened insights and transparency over their environmental, social and governance (ESG) risk exposures.
The ESG Analytics Summary, prepared by No...
POSTED
04-30-20
Originally published by the CFA Society UK
The Covid 19 crisis has fundamentally changed things, not least for the asset management industry. Whether it is abo...