Poor communication and differing incentives between politicians and national wealth managers are undermining performance, argues global head of official institutions at BNP Paribas Investment Partners, Gary Smith.
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Serving the servants: politics is hampering national wealth management
BNP Paribas Investment Partners, Gary Smith
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CFA Institute survey reveals ethical vacuum leads to lack of trust
An absence of appropriate ethical culture at financial services firms has been the biggest contributor to the lack of trust in the finance industry, according to a global survey of CFA Institute members, which attracted more than 6000 responses. Matt Orsagh, director of capital markets policy at CFA Institute, says to restore integrity in global
Fund “heads in sand” on climate risk
An Australian superannuation fund with A$6.6 billion ($6.9 billion) under management has achieved number-one ranking in a global survey of how the world’s top 1000 retirement funds, insurance companies and sovereign wealth funds are responding to climate risk. Sydney-based Local Government Super (LGS) has received the top ranking in the inaugural Climate Index of the
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