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...Additionally, in January, it will start deploying Microsoft’s AI add-on to Office 365 productivity software across the company....
Reduced participation means none of top five money managers fully back Climate Action 100+
Proposals would mark first time any of the software group’s core product falls behind a paywall
As opinions shift, asset managers like BlackRock are talking more about maximising returns than about saving the world
Asset manager’s chief has become a popular target for criticism over its ESG investing stance
...The validity and scope of the data sets used in such AI programs — the material the software is working from — are crucial....
...PPP “really showcased that we can build software at scale and we can use data to disperse a lot of money very quickly as well as prevent fraud”, Arora said....
Bluebell Capital Partners seeks more oversight of the money manager’s approach to sustainable investing
BlackRock chief’s annual letter also embraces ‘energy pragmatism’ amid attacks over climate stance
World’s biggest money manager reports jump in first-quarter net income but net inflows miss forecasts
...Intuit is best known for its small-business accounting and DIY tax-filing software. In recent years, the company has sought to diversify through acquisitions....
...“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...
...Such software is part of the new and growing sector of “collaborative work management”, where providers include Asana and Monday.com....
Head of world’s second-largest money manager has overseen rapid growth but faced climate criticism
Large asset managers will end up on the wrong side of history, Washington envoy says
...Silicon Valley-based Synopsys’s software tools and intellectual property are used by chipmakers including Nvidia and Intel to help design and test their processors....
Cultural change and the potential for lower upside can drive executives away
...And in recent years, the securitisation market has become a welcoming home to deals backed by everything from music rights to software companies’ private credit loans....
Reorganisation takes aim at money management industry’s poor record of innovation
Investors including former Treasury secretary Steven Mnuchin stand to make hundreds of millions on bailout
...This time, the painting has been cleared for export, confirms Pierre Etienne, international director of Old Masters at Christie’s....
...“He is not a ‘master of the universe’ persona, but at the same time, don’t try to fool Bayo. He will shred you to pieces,” Chenault said....
Report for 2024 on engagement priorities drops reference to global warming
Larry Fink and Adebayo Ogunlesi are betting on infrastructure investments to drive private markets
...Yet Tesla’s autonomous driving software still requires drivers to keep their hands on the steering wheel and their eyes on the road....
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