There is definite proof that sustainability-focused funds are outperforming their conventional counterparts. But some experts believe the traditional explanations for this are wrong.
Murthy reached the companyÆs mandatory retirement age of 60 on Sunday. He will continue in the position of non-executive chairman and mentor of Infosys. Infosys did not disclose if the chairmanÆs position would be filled by anyone else.
Infosys, which was the first Indian company to list on the Nasdaq in 1999, celebrated its 25th anniversary on July 30 in Mysore. On the occasion IndiaÆs finance minister, P Chidambaram (who was chief guest) said ôwe are here today celebrating the success of a great enterprise that makes all Indians proud and that places India among the frontline nations of the world in software and technologyö. Murthy had said ôit is a matter of great pride to see your child grow up, embrace a good value system, seek high aspirations, and achieve more than what you ever thought was possibleàInfosys is one such child.ö
Infosys has had a generous stock option policy for employees since it was founded and has created wealth for a substantial number of its employees. As per the companyÆs latest Bombay Stock Exchange filing dated July 12, 2006 (for the quarter ended June 30) Narayana Murthy, his wife and two children collectively hold 5.88% of Infosys' stock. Infosys closed at Rs1762 ($38) on Friday, August 18.
To get the clarity they want to make informed portfolio decisions, asset owners and managers must now blend and adapt multiple sources of traditional and non-traditional data to create actionable insights, said speakers at a webinar hosted by AsianInvestor and IHS Markit.
The country's largest insurer Ping An set up a $62 billion green investment target by 2025. Several more players are also joining the hunt for sustainable assets.
The boss of Thailand’s second-largest pension fund hopes that proposed changes in the law will help her diversify more into overseas markets. She is particularly bullish on China.
Investors can still find spread premiums in niche private debt, with the asset class's prognosis looking strong, said a keynote speaker at AsianInvestor’s latest summit on Wednesday.