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European Money Market Funds and the ESG Juggernaut

Goldman Sachs Asset Management tweaks a money management fund for ESG, especially diversity. Goldman Sachs is heeding the ESG clarion call from investors. The asset manager has introduced environmental, social, and governance criteria in a Euro money market fund. The Low Volatility NAV money market fund has been “enhanced” for ESG considerations via a two-fold strategy.

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European Money Market Funds and the ESG Juggernaut
November 13, 2019

Goldman Sachs Asset Management tweaks a money management fund for ESG, especially diversity. Goldman Sachs is heeding the ESG clarion call from investors. The asset manager has introduced environmental, social,…

Saudi Arabia ETF Pops Into an Uptrend After MSCI Review of Kingdom Stocks
November 12, 2019

The KSA Saudi Arabia focused ETF, took out a key technical level after an MSCI review. The iShares MSCI Saudi Arabia Capped ETF (KSA) surged 1.8% Monday, entering a bullish…

The Top Market for European Real Estate Investment Is…
November 11, 2019

The top European real estate market for investors is Paris, France. That rank comes from a new report on emerging trends in the European markets from PwC and ULI. Paris…

Carl Icahn: Gee… Occidental Petroleum is a lot like WeWork
November 11, 2019

Occidental Petroleum took a shot from activist investor Carl Icahn in more ways from one. Icahn slashed his stake in the company and threatened to launch a proxy fight.

Schwarzman Adds To Skepticism Around The Walgreens Boots LBO
November 8, 2019

Stephen Schwarzman, who runs Blackstone Group, thinks the Walgreens Boots privatization might be just too big. “It’s a huge stretch doing things over $50 billion,” Schwarzman remarked at a New…

Elliott Management Supports Split of Nielsen Holdings
November 8, 2019

Nielsen Holdings has announced plans to split itself into two separate public companies. The plan – backed by Elliott Management – will unlock shareholder value.

BofAML: Assets at European ESG Equity Funds Could Rise by €1 Trillion
November 8, 2019

Regulatory compulsions and structural trends will boost assets under management at ESG equity funds in Europe, say BofAML analysts. In their study titled “ESG Matters – Europe: Great for the…

eToro Bulks Up on Crypto Services; Acquires Delta’s Portfolio Tracker
November 7, 2019

eToro, the multi-asset social and copy trading brokerage, acquired Delta for a reported $5 million. The portfolio tracker gives a bird’s eye view of the crypto market across 6,000 assets…

Will Walgreens Shatter the Private Equity LBO Record?
November 6, 2019

KKR and other PE Firms are Eyeing the Pharmacy Benefits Giant Walgreen Boots Alliance is talking to private equity firms about going private. CNBC reports that KKR is one of…

AstraZeneca Launches $1 Billion Fund with CICC (with an AI Twist)
November 6, 2019

AstraZeneca, the British pharma giant, will launch a $1 billion fund with China International Capital Corporation (CICC).