Regulation Asia: When Elon Musk tweeted in May that Tesla would no longer accept vehicle payments made using Bitcoin due to the “rapidly increasing use of fossil fuels for Bitcoin mining and transactions”, the debate around the environmental sustainability of cryptocurrencies reignited.
Institutional Asset Manager: The world’s 100 largest asset owners (AO100) grew by 15.7 per cent last year to reach USD23.5 trillion, according to new research from the Thinking Ahead Institute (TAI).
Investor Daily: For all the wrangling over targets and commitments at COP26 in Glasgow this month, one thing is clear: the transition to a net-zero economy will require vast investment over the next few decades – and the asset management industry will be responsible for much of it.
Institutional Asset Manager: Global institutional investors have significantly raised their ambitions to implement net zero commitments across portfolios over the last 12 months, whilst being increasingly aware of the challenges in meeting these targets, according to the latest edition of the Aviva Investors Real Assets Study.
BNN Bloomberg: Sovereign wealth funds are starting to take environmental, social and corporate governance issues a lot more seriously, in a sign that some of the world’s most influential investors may be ready to reallocate their vast fortunes in more planet-friendly ways.
Institutional Asset Manager: Asset owners are implementing initiatives that will shape equity and equality across the asset management industry, employing measures that track asset managers’ articulated mission and culture toward diversity and inclusion (D&I).
Institutional Investor: A recent survey of a “wide swath” of asset owners shows that pressure from their respective boards is the primary reason they’re working to incorporate environmental, social, and governance measures into the investment process.
Hedge Week: Fund managers and investors remain split over how they integrate environmental, social and governance (ESG) factors into their risk and investment processes, with industry participants citing a lack of clarity over data reliability, comparability and standardisation as the main challenge.
Institutional Investor: While most women in asset management would like the hybrid work model to continue, not everyone thinks it will have a positive impact on their career — unless firms address some of the challenges, including helping to foster connections with colleagues and clients.