Ray Dalio’s Family Office Hires Carnegie’s Baumgartner as CIO
Dalio’s family office has hired Mark Baumgartner from nonprofit Carnegie Corp. of New York as its CIO.
BofA Says Rate Worries Spark Biggest Stock Outflows This Year
Investors are dumping equities at the fastest pace since December as the prospect of higher-for-longer interest rates raises the risk of a recession.
Big Seven Face Test on How Far Rally Can Run
(Bloomberg) - Investors have had a lot thrown at them this year: more Federal Reserve tightening, a regional banking crisis, geopolitical turmoil. And yet US stock indexes are on track for a stellar year.
Regulators Are Trying to Stop Greenwashing Before It Gets Worse
In 2021 a series of HSBC advertisements started appearing on bus stops around the UK, campaign centered on slogan “Climate change doesn’t do borders".
Goldman Analysts Have Bad News for Fund Managers Ignoring ESG
Asset managers trying to sell funds in Europe are finding it “increasingly difficult” to do so unless their products are registered as ESG.