Hints and tips:
Related Special Reports
...Two of the world’s biggest asset managers are quitting an investor group set up to prod companies over global warming and a third is scaling back its participation, in a major setback to the ambitions of...
...of climate risk”....
...While the money manager has a significant footprint in alternatives, most of its offerings do not carry the cachet of Warburg Pincus and its private equity rivals....
...Case in point: in February, Jacobs showed a collection out of kilter with the rest of the fashion industry....
...“We are going to have a ‘world is not flat’ moment, when asset managers are going to realise we are not prepared to help people draw down,” said Bill Meyer, CEO of Retiree Inc, a retirement planning software...
...But research by Joanna Venator, a Boston College assistant professor of economics, found that financial support for a trailing spouse — usually a woman — can substantially increase a family’s willingness...
...The total assets of all the banks on the problem bank list at the end of last year was $66bn, or about 0.2 per cent of the overall banking sector....
...“We focus a tremendous amount of energy on helping people live longer lives. But not even a fraction of that effort is spent helping people afford those extra years,” he wrote....
...Invesco has become the fifth big US asset manager to pull out or reduce its ties to one of the main investor groups seeking to prod companies over global warming....
...Its target is just one of a number of successful independent managers eyed by large money management complexes....
...However, it has come under criticism from progressives for pulling out of one of the highest-profile climate alliances, and faced allegations of greenwashing from Australian regulators....
...In the face of the onslaught, large US asset managers have emphasised their legal duty to maximise shareholder returns and independently evaluate the impact of climate change on the financial prospects of...
...She first served as co-head of consumer and wealth management, and then was put in charge of the struggling platform services division in 2022 as part of a major reorganisation....
...But players also, of course, master the space around the ball directly, with their bodies — though sometimes in mysterious ways....
...brooke.masters@ft.com Follow Brooke Masters with myFT and on social media...
...That is partly because the industry is in the middle of a burst of innovation, with money managers bringing out new combinations of equities and debt, ETF versions of well-known mutual funds as well as entirely...
...Rachel Hewitt, the head of MillionPlus, which represents former vocational colleges and polytechnics that became universities in 1992, said the signs of slowing international demand were a source of concern...
...By this time, however, Castle’s own interests had moved on from carved wood to fibreglass, inspired by the postmodern exuberance of Italian furniture, as well as to the traditional joinery of Art Deco masters...
...“The Adoration of the Kings”, offered at auction in 2021 with an estimate of €10,500-€16,000 as Circle of Rembrandt, was later attributed to the Dutch master himself and sold for £10.9mn with fees at Sotheby...
...Brooke Masters: So Stephanie, we are in a period where inflation absolutely shot up and is now maybe coming down. Why do you think this happened?...
...The long-gestating nine-part war saga Masters of the Air, produced by Spielberg and Tom Hanks for Apple TV+, certainly has a lot going for it....
...“We’re in a different environment now and many of the assumptions of the last 15 years are being thrown out,” said Peter Harrison, chief executive of FTSE 100 asset manager Schroders....
...brooke.masters@ft.com Follow Brooke Masters with myFT and on Twitter...
...Here to talk more about this is the FT’s US financial editor Brooke Masters. Hi, Brooke. Brooke Masters Hey, Marc....
...When Stephanie Cohen joined Goldman Sachs right out of college 25 years ago, even her fellow analysts could tell the fast-talking Chicago native was going to go far....
International Edition