Asset Managers Highlights
Credit Suisse sets up investment banking sustainability advisory
April 06, 2020
Source: Reuters - ZURICH - Credit Suisse (CSGN.S) has set up a new investment banking advisory group to counsel clients on the issue of sustainability, the bank told staff on Friday.
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April 06, 2020 Source: Reuters - ZURICH - Credit Suisse (CSGN.S) has set up a new investment banking advisory group to counsel clients on the issue of sustainability, the bank told staff on Friday.
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It’s time for billionaires to use their billions to save the economy
April 06, 2020
Source: NY Post - Extraordinary times call for extraordinary measures. It’s time for the brightest in business to use the bulging billions on their balance sheets to help save the US economy.
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April 06, 2020 Source: NY Post - Extraordinary times call for extraordinary measures. It’s time for the brightest in business to use the bulging billions on their balance sheets to help save the US economy.
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The U.S. economy is entering the 'deepest recession on record
April 03, 2020
Source: Yahoo Finance - On Thursday, we learned that initial filings for unemployment insurance totaled a record 6.648 million for the week ending March 28, more than doubling the prior week’s reported total of 3.238 million that had also marked a...
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April 03, 2020 Source: Yahoo Finance - On Thursday, we learned that initial filings for unemployment insurance totaled a record 6.648 million for the week ending March 28, more than doubling the prior week’s reported total of 3.238 million that had also marked a...
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Understanding the Economic Shock of Coronavirus
April 02, 2020
Source: Harvard Business Review - As the coronavirus continues its march around the world, governments have turned to proven public health measures, such as social distancing, to physically disrupt the contagion. Yet, doing so has severed the flow of goods and...
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April 02, 2020 Source: Harvard Business Review - As the coronavirus continues its march around the world, governments have turned to proven public health measures, such as social distancing, to physically disrupt the contagion. Yet, doing so has severed the flow of goods and...
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Macy's will furlough the majority of its 125,000 employees
March 31, 2020
Source: CNN - New York (CNN Business)Macy's is furloughing a majority of its 125,000 employees because of the ongoing coronavirus pandemic, which has sunk sales and forced it close to its stores.
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March 31, 2020 Source: CNN - New York (CNN Business)Macy's is furloughing a majority of its 125,000 employees because of the ongoing coronavirus pandemic, which has sunk sales and forced it close to its stores.
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Comment: How coronavirus is turning the spotlight on sustainable investing
March 27, 2020
Source: International Investment - It is difficult to start any article without referring to the threat presented by the coronavirus sweeping across countries. The human impacts are clearly devastating for anyone affected, even if the overall impact is at present...
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March 27, 2020 Source: International Investment - It is difficult to start any article without referring to the threat presented by the coronavirus sweeping across countries. The human impacts are clearly devastating for anyone affected, even if the overall impact is at present...
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Dow posts 2,112 point gain biggest ever
March 25, 2020
Source: Fox Business - U.S. equity markets registered the strongest one-day rebound in history on Tuesday amid investor optimism that members of Congress will overcome their differences to reach a deal on a nearly $2 trillion COVID-19 stimulus package.
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March 25, 2020 Source: Fox Business - U.S. equity markets registered the strongest one-day rebound in history on Tuesday amid investor optimism that members of Congress will overcome their differences to reach a deal on a nearly $2 trillion COVID-19 stimulus package.
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Asian markets gain after Fed promises economic support
March 24, 2020
Source: MarketWatch - Asian stock markets gained Tuesday after the U.S. Federal Reserve promised support to the struggling economy as Congress delayed action on a $2 trillion coronavirus aid package.
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March 24, 2020 Source: MarketWatch - Asian stock markets gained Tuesday after the U.S. Federal Reserve promised support to the struggling economy as Congress delayed action on a $2 trillion coronavirus aid package.
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As coronavirus infects markets, sustainable funds prove their mettle
March 24, 2020
Source: Grist - For years, sustainable investing was viewed with suspicion. Could portfolios that avoided oil and gas companies, tobacco, and other profitable but controversial industries have high enough returns to satisfy investors? Would they...
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March 24, 2020 Source: Grist - For years, sustainable investing was viewed with suspicion. Could portfolios that avoided oil and gas companies, tobacco, and other profitable but controversial industries have high enough returns to satisfy investors? Would they...
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Exclusive: Goldman injects $1 billion into own money-market funds after heavy withdrawals
March 23, 2020
Source: Reuters - Goldman Sachs Group Inc (GS.N) poured more than $1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, according to a filing with the U.S. securities regulator.
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March 23, 2020 Source: Reuters - Goldman Sachs Group Inc (GS.N) poured more than $1 billion into two of its prime money-market portfolios this week due to heavy investor withdrawals, according to a filing with the U.S. securities regulator.
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