Money market funds step up focus on governance
by Graham Buck
Environmental, social and governance (ESG) considerations have become more integrated into MMFs on both sides of the Atlantic
Investing
Background
Investment is the placement of a company's surplus liquidity either in the financial markets or the use of the excess liquidity internally within the company. The main objective of investment is to improve the return on the surplus liquidity over leaving the monies in a non-interest bearing bank… Read more about Investing
JP Morgan unveils low-cost robo advisor
by Graham Buck
The bank is releasing a digital investing service called You Invest Portfolios, which has been several years in development
More US insurers using exchange-traded funds
by Graham Buck
A Greenwich Associates/Invesco study finds more in the sector employing ETFs, with three main motivators identified
Escalating trade tensions crimp corporate investment
by Graham Buck
The bellwether JP Morgan Global Manufacturing PMI saw its lowest reading since October 2012 last month, raising economic concerns
SSGA launches first-ESG-focused money market fund
by Graham Buck
State Street Global Advisors launches its first MMF based on social, governance and environmental criteria
Fitch highlights European high-yield fund risk
by Graham Buck
After the Woodford Equity Income episode, the ratings agency says the sector “appears to be operating with significant liquidity risk"
New Development Bank approves green loans for China projects
by Graham Buck
Formerly known as the BRICS Bank, funding of US$667 million is given the go-ahead for two major transport infrastructure projects
China’s regulator ‘to tighten rules for cash management products’
by Graham Buck
The China Banking and Insurance Regulatory Commission wants the treatment of CMPs to be similar to money-market funds, a report states
More UK defined benefit pension plans are cashflow negative
by Graham Buck
Strong equity returns in 2017 and rising yields last year “helped many DB plans to move closer to their endgame,” reports Mercer
ESG bonds boom in South Korea
by Graham Buck
June 2019 is shaping up to be a bumper month, with major green bond offerings and a social covered bond
Why can’t post-trade be more like Amazon?
by Emma Johnson, Director, regulatory and market initiatives, securities services , Deutsche Bank
If a washing machine can be ordered from Amazon and delivered next day, why can’t a purchased security be credited as speedily?
Banks remain key to US corporates’ investment strategy
by Graham Buck
Nearly all report that their bank relationships are core to their operating cash investment mix, an AFP survey finds
ICAP opens doors to digital asset trading
by Graham Buck
The world’s largest interdealer broker’s launch of its Digital Asset Markets business paves the way for bitcoin trading
Malaysia’s PNB pledges to optimise liquidity management
by Graham Buck
The government-linked investment company plans to invest more overseas and accelerate its diversification strategy
ESG ‘has become integral part of investment process’
by Graham Buck
Most organisations are making sustainability a major consideration, reports Morgan Stanley Investment Management
LGIM adds more big names to climate change blacklist
by Graham Buck
Legal and General Investment Management adds five companies, including oil giant ExxonMobil, judged to be laggards
MoneyGram gets US$50m boost from union with Ripple
by Graham Buck
The money transfer company’s strategic partnership with the blockchain solutions pioneer is initially for a two-year period
Commercial real estate stock exchange nears launch
by Graham Buck
The International Property Securities Exchange (IPSX) will be dedicated to commercial real estate owners and managers
London-Shanghai Stock Connect is launched
by Graham Buck
The reciprocal arrangement between the two cities’ stock exchanges was first announced in 2015 and is six months late
African Development Bank steps up digital financial inclusion drive
by Graham Buck
The Africa Digital Financial Inclusion facility aims to develop digital financial transactions across the continent
HSBC earmarks US$880m for Hong Kong tech start-ups
by Graham Buck
The GBA+ technology fund will offer senior debt financing to top up funding from venture capital and private equity firms
Fitch: MMF reform has yet to extend to South Africa
by Graham Buck
Money market fund reform in North America and Europe hasn’t yet reached the country, as South Africa opts for a ‘wait and see’ approach
US healthcare sector’s CFOs focus on IT system integration
by Graham Buck
A survey by industry researcher Black Book identifies it as their main IT challenge, reflecting a lack of investment in recent years.
IFC and HSBC aim to galvanise green bond market
by Graham Buck
The Real Economy Green Investment Opportunity (REGIO) is promoted as the first global green bond fund.