Sergio Padilla Intern [email protected] See All Staff Page Recent Stories Water is a sustainable investing opportunity, but underinvested Despite institutional appetite for sustainable investments, water's missing from the conversation. Americans less prepared for retirement amid financial uncertainty – Fidelity Americans are not as prepared for retirement as they were at the start of the pandemic, Fidelity's 2023 retirement saving study says. Fee pressure cooling for European insurance market's asset managers — Cerulli Asset managers for Europe's insurance market now view declining fees as less of an obstacle to business growth. ESG, stable returns moving pension plans to real assets Net-zero emissions goals and reliable returns are enticing pension plans to allocate to real assets such as timber and farmland. DCIIA honors leaders, rising stars in DEI awards DCIIA's diversity award honorees say the industry has made advancements in racial equity but still has room to grow. Equity energy and natural resources strategies take spotlight in 2022 Equity energy and natural resources strategies dominated the list of top-performing equity strategies in a difficult 2022, according to Morningstar. Milken Institute index takes stock of global economic landscape The Milken Institute 2023 Global Opportunity index aims to help businesses make investment decisions and governments attract capital. ESG critic Vivek Ramaswamy launches bid for 2024 GOP presidential nomination Vivek Ramaswamy, executive chairman of Strive Asset Management and the latest GOP presidential candidate, is an outspoken critic of ESG. Ariel marks its 40th year with new fund and rebranding America's first Black-owned mutual fund firm also raises $1.45 billion for new fund investing in under-represented founders. Ariel Alternatives raises $1.45 billion to fund diverse company founders Ariel Alternatives' Project Black fund will invest in diverse middle-market companies aiming to supply Fortune 500 firms. 25% of institutional asset owners considering OCIO in next 24 months – Cerulli Roughly a quarter of institutional asset owners are considering OCIO services over the next 24 months for alternatives and private assets. DOJ files charges against executive of foreign cryptocurrency exchange The Department of Justice filed charges against Anatoly Legkodymov, a Russian national and executive of cryptocurrency exchange Bitzlato. Shift away from globalization seen as an advantage for active management Money management consultants predict that a slowdown in globalization will favor regional trading blocs and active management. Texas Senate grills BlackRock, ISS, State Street reps on ESG Texas state senators questioned representatives from BlackRock, ISS and State Street over their investing practices and policies tied to ESG. MSCI outlines ESG factors, risks that investors should focus on MSCI said decarbonization efforts, green bonds and demographics will provide opportunity and risk next year and beyond. Load More