The US asset manager has eliminated the role, resulting in the departure of Celestine Khoo.
US state pension schemes certainly don’t lack for problems.
Many have nowhere near enough funds to cover growing payout liabilities see first box below....
Growth and inflation expectations have rebounded sharply, shows the Bank of America Merrill Lynch monthly fund manager survey. But some allocators remain wary.
A rising number of Australian companies look set to turn to green financing to take advantage of a growing investor and bank willingness to offer such lending.
The region’s asset owners want to add internal ESG professionals as part of a broader effort to engage with the factors, according to a new SSGA survey.
The authorities' reliance on the police to stamp out protests instead of negotiating is inciting greater violence from both sides. It could cause China to erode the city's high autonomy.