Europe Asset Managers Eye Halting Non-ESG Products to Meet Net-Zero Goals: Survey

Over two-thirds of European asset managers and distributors are considering halting the launch or distribution of products that do not comply with environmental, social and governance (ESG) standards, a survey by PwC Luxembourg showed on Monday. Flows into ESG funds have surged in recent years, driven in part by a growing regulatory focus on issues … Read more

Investors bruised by the stock market are crawling back to savings bonds — here’s what this once humble, now hot asset can do for you

Investors bruised by the stock market are crawling back to savings bonds — here’s what this once humble, now hot asset can do for you Does looking at your portfolio these days make you feel a little queasy? Don’t bother consulting WebMD: It sounds like you might be suffering from stock market whiplash. With inflation … Read more

Generali Asset Management Unit Eyes Investments With U.S. Credit, Renewables’ Focus

Assicurazioni Generali SpA’s asset management unit intends to buy investment firms specialized in U.S. credit markets and renewable energy, as the Italian insurance giant seeks to win outside money beyond its traditional base. “We are seeking to boost our investment capabilities through the acquisition of controlling stakes in small and medium-sized companies with expertise on … Read more

asset: Heterogenous portfolio built across asset classes can maximize returns for investors

To preserve portfolios from the vulnerability of extreme movements in prices, diversification of portfolios across asset classes should prove to be better as diversification across equities globally seems to disappear when needed the most. The reason being as globalization progressed the economies had become intricate, increasing the correlation between equity markets across the world. A … Read more

Head of Deutsche Bank’s Asset Manager Steps Down After ‘Greenwashing’ Raids

FRANKFURT – The chief executive of top German asset manager DWS will step down next week, he said on Wednesday, a day after raids by prosecutors over allegations that the company misled investors about “green” investments. The raids and departure of DWS CEO Asoka Woehrmann mark another setback for Deutsche Bank, DWS’s majority owner, which … Read more

This is the only asset class with a track record of ‘earning more than inflation’ — here are 3 simple ways to get exposure for the rest of 2022

Suze Orman: This is the only asset class with a track record of ‘earning more than inflation’ — here are 3 simple ways to get exposure for the rest of 2022 Whether hot inflation persists or we’re heading towards a bear market, Suze Orman, personal finance expert, says you should still lean on stocks for … Read more

Fountain Asset Corp. Announces Its Financial Results for the Quarter Ended March 31, 2022

Article content TORONTO, May 26, 2022 (GLOBE NEWSWIRE) — Fountain Asset Corp. (TSXV:FA) (“Fountain” or the “Company”) would like to announce its financial results for the three months ended March 31, 2022 (“Q1/22”). Highlights from Q1/22: Adjusted net asset value (“ANAV”) of $22.42 million ($0.36 per share) at March 31, 2022 compared to $24.44 million … Read more

bitbank, inc., a Crypto Asset Exchange Operator, Has Signed a Memorandum of Understanding With Sumitomo Mitsui Trust Holdings, Inc. to Establish a Trust Company Specializing in Digital Assets

Article content TOKYO — bitbank, inc. (HQ: Tokyo Japan CEO: Noriyuki Hirosue) and Sumitomo Mitsui Trust Holdings, Inc. (HQ: Tokyo Japan, Director, President: Toru Takakura) have signed a memorandum of understanding with the purpose to establish “Japan Digital Asset Trust Preparatory Company, inc. *1 “JADAT”” which will be a preparatory company for the purpose of … Read more

Faircourt Asset Management Inc. Announces May Distributions

Article content Toronto, May 20, 2022 (GLOBE NEWSWIRE) — Faircourt Asset Management Inc., as Manager of the Faircourt Funds (NEO:FGX), (NEO:FCS.UN), is pleased to announce the monthly distributions payable on the Shares and Trust Units of the below listed Funds. Faircourt Funds Trading Symbol Distribution Amount (per share/unit) Ex-Dividend Date Record Date Payable Date Faircourt … Read more

Crypto lender Celsius stung by sell-off in digital asset market

Crypto lender Celsius Network has suffered a 50 per cent decline this year in the value of assets deposited on its platform, a sign of the pressure the industry is facing in the wake of falling digital token prices. Celsius, which borrows cryptocurrencies from its customers and lends them out to earn a return, had … Read more