Watchdogs are concerned about the “substantial” risk to investors in the private-credit market after it emerged that almost 40% of funds don’t have skin in the game. The decision by so many managers to avoid putting their own capital into...
The People’s Bank of China (PBOC) tightened its grip on interest rates, introducing a new mechanism to influence short-term borrowing costs as policymakers expand their toolkit to guide markets. The central bank’s move to conduct new bond repurchase or reverse...
Nuveen, which manages $1.2 trillion of assets, has completed the first close of its second global climate inclusion private equity strategy. The firm raised around $200 million from a mix of global investors, including Danish pension fund Velliv. Nuveen’s climate inclusion...
French insurer AXA is considering options for Axa Investment Managers, including potential merger talks with BNP Paribas Asset Management. The discussions involve potentially creating a joint venture between Axa Investment Managers and BNP Paribas Asset Management. Together, these units manage...
UK pension funds and insurers are showing a strong preference for diversification across renewable energy technologies, according to a survey. The survey commissioned by AlphaReal, a manager of secure income real assets, has revealed that 85% of respondents seek exposure...
This is the lowest H1 figure in the region since 2016. The Asia-Pacific region, excluding Japan, recorded a 25 percent year-on-year (yoy) decline in investment banking fees to US$9.3 billion in the first half of 2024. This was the lowest H1...
Credit risk management will be a key concern for banks amidst fluctuating interest rates. Whilst banks in Hong Kong are expected to continue benefiting from high interest rates, an expected rate cut in the near future and ballooning climate risk...
One of the world’s fastest growing pools of retirement capital is reducing its investments in hedge funds, as regulatory scrutiny grows on fees and performance at Australian pension funds. The average allocation to hedge funds was just 0.6% of growth...
Epiroc has completed the acquisition of the remaining share of ASI Mining, a US-based autonomous mining solutions company. Epiroc already owned 34% of ASI Mining, which it acquired in 2018. The acquisition regards the remaining 66% of the company. ASI Mining...
Two new 5.25 MW solar farms will be built on Gumatj and Rirratjingu country on the Gove Peninsula in the Northern Territory, as Rio Tinto works to secure a more sustainable power supply for the region beyond mining. The solar...
