While an arduous U.S. presidential election cycle may have created some market volatility, any uncertainties among Canadian institutional investors may begin to wane following Donald Trump’s election as the 47th U.S. president on Wednesday, says Ian Riach, senior vice-president and portfolio manager at Franklin Templeton Investment Solutions. “Economics tend to trump politics . . . . […]
The number of global indexes increased 4.43 per cent this year, led by environmental, social and governance indexes, which grew to new records, according to a new survey by the Index Industry Association. Although overall growth for 2022 slightly trailed 2021’s pace of nearly five per cent for the industry, the number of ESG indexes […]
Morningstar Inc. is appointing Tom Kuh as its first global head of environmental, social and governance strategy. In the newly created role, Kuh will be responsible for advancing the Chicago-based financial services firm’s strategy to accelerate growth while harnessing its broad ESG strengths. He’ll report to Rolf Agather, head of research and product. Read: Mark Carney […]
MSCI Inc. has signed a licensing agreement with the Hong Kong Futures Exchange Ltd. to introduce 37 futures and options contracts in Hong Kong based on a suite of indexes in Asia and emerging markets. The agreement expands on MSCI’s relationship with the Hong Kong Exchanges and Clearing Ltd., or HKEX, the owner of the […]