HEADLINES

Seeking broader and deeper ties to clients, asset managers worldwide expect to increase annual spending on data and technology to $84 billion by 2023 from $50 billion in 2019.

It’s been an eventful year, full of sorrow and fear of tomorrow. As we move beyond 2020, the coming year will also be unpredictable and transitional.

Increasing numbers of investment firms are incorporating additional environmental, social and governance (ESG) metrics into their investment processes, while also expanding the amount of resources dedicated to responsible investment, according to a new survey of asset man

Assets under management (AuM) at the world’s 500 largest fund managers exceeded US$100 trillion for the first time in 2019 - totalling US$104.4 trillion - according to new research from the Thinking Ahead Institute.

The International Organization of Securities Commissions (IOSCO) on Monday (Oct.5) launched its fourth annual World Investor Week (WIW) with more organizations participating in the event th

After an unprecedented collapse in the first half of the year, economic output recovered swiftly following the easing of containment measures and the initial re-opening of businesses, but the pace of recovery has lost some momentum more recently.

Thirty-two of the world’s largest companies stand to see their profits jump by $109 billion more in 2020 as the Covid-19 pandemic lays bare an economic model that delivers profits for the wealthiest on the back of the poorest, according to a new Oxfam report, titled Power

The European Central Bank (ECB) on Tuesday (July 28) extended its recommendation to euro area lenders on dividend distributions and share buy-backs until 1 January 2021, three months longer than initially indicated, and asked them to be extremely moderate with regard to v

Global foreign direct investment (FDI) flows are forecast to decrease by up to 40% in 2020, from their 2019 value of $1.54 trillion, according to UNCTAD’s World Investment Report 2020.

The world economy will shrink by 5.2% this year.