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NEWSLETTER | 23 Jul 2020  
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New sustainability regulations may conflict with asset managers’ fiduciary duty, EFAMA warns

New EU regulations must not “force” sustainability considerations upon clients or encourage asset managers to breach their fiduciary duty, asset management industry body EFAMA has warned. 

 
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  LATEST NEWS
HSBC launches ESG portfolio reporting service
Thu | 23 Jul 2020, 11:25
HSBC has launched a reporting service that provides asset owners and managers with independent measurement of how focused their listed asset investments are on environmental, social and corporate governance (ESG) issues.
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Tether’s market cap swells to more than USD10bn
Thu | 23 Jul 2020, 11:25
Tether.to, the blockchain-enabled platform that powers the tether (USDt) stablecoin, has risen above USD10 billion in market capitalisation.
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Chainalysis debuts Cryptocurrency Fundamentals Certification (CCFC) training programme
Thu | 23 Jul 2020, 11:25
Blockchain analysis specialist Chainalysis has expanded its certification program with the launch of the Chainalysis Cryptocurrency Fundamentals Certification (CCFC). 
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Cobalt secures investment from Standard Chartered
Thu | 23 Jul 2020, 11:25
The foreign exchange (FX) post-trade infrastructure provider Cobalt, has announced the expansion of its bank investors with Standard Chartered as its latest backer. Having signed as a client on Cobalt’s platform in February, Standard Chartered now joins Citi as an investor in Cobalt’s expanding network.
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Brunel Pension Partnership seeks managers for GBP1.5bn Multi-Asset Credit fund
Thu | 23 Jul 2020, 11:25
Brunel Pension Partnership Limited (Brunel) has launched a search for managers for its GBP1.5 billion Multi-Asset Credit sub-fund.
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Federated Hermes bolsters Impact team with two new hires
Thu | 23 Jul 2020, 11:25
Federated Hermes has appointed two new hires to its Impact Opportunities team as client demand for sustainable investment solutions continues to surge. 
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Eventus Systems makes three senior appointments
Thu | 23 Jul 2020, 11:25
Global trade surveillance and risk management software platform provider Eventus systems has made three seniuor appointments – Global Head of Regulatory Affairs, Sales Director, North America, and Director of Marketing. 
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Cowen partners with n-Tier for a successful Consolidated Audit Trail go-live
Thu | 23 Jul 2020, 11:25
Cowen, a diversified financial services firm, has completed a successful Consolidated Audit Trail (CAT) go-live using n-Tier’s Compliance Workbench platform, that helps institutions minimise the risks and costs of regulatory reporting.
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Maitland enhances AML compliance services in Luxembourg
Thu | 23 Jul 2020, 11:25
Maitland, a global advisory and fund administrator, is enhancing its AML regulatory compliance capabilities to meet rising demand among Luxembourg fund managers.
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Symphony appoints President and Chief Commercial Officer
Thu | 23 Jul 2020, 11:25
Symphony, a leading provider of secure collaboration for global markets, has appointed financial industry pioneer Brad Levy, as President and Chief Commercial Officer.
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