In an era of ‘sport-washing’, what’s the goal for ESG?
Can asset managers with holdings in football clubs justify their ESG commitments if those clubs now take the field against Newcastle United?
Can asset managers with holdings in football clubs justify their ESG commitments if those clubs now take the field against Newcastle United?
Net flows of €2.3bn into ETFs was insufficient to counter turbulence in underlying markets, according to Refinitiv
New exchange traded fund designed to replicate the performance of the MSCI Saudi Arabia 20/35 Capped Index
The world’s largest fund is set to more than double its investments in Saudi Arabia despite Khashoggi killing
Saudi Arabia has been upgraded by index provider MSCI to its emerging market index, alongside Argentina, which has re-entered the index after being dropped in 2009.
Saudi Arabia has taken a big step towards being classified as an emerging market after the MSCI added the Gulf state to its watchlist for potential upgrade on Tuesday, with the Saudi royal family making an unprecedented succession change a day later.
Saudi Arabia has reportedly withdrawn tens of billions of dollars from global asset management firms in response to the ongoing slump in oil price and the recent volatility in world equity markets.