Latest news and analysis of pensions, asset management, regulation and trends in North America from our award-winning journalists.
Secretary Yellen says goal is to ‘affirm importance of credible net zero commitments’
The recent US debt ceiling negotiations have brought into question the viability of the US dollar’s status as a global reserve currency. Long-term investors have been reviewing their strategic asset allocation away from the currency, seeking to diversify their exposure and to take advantage of long-term investment opportunities.
“I am not going to use the word ESG because it’s been misused by the far left and the far right,” said BlackRock CEO Larry Fink in a conversation at the Aspen Ideas Festival in June.