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New Biden rule allows socially conscious investing by retirement plans

BY Reuters  • November 22, 2022November 22, 2022
By Daniel Wiessner (Reuters) – President Joe Biden’s administration on Tuesday reversed restrictions imposed under his predecessor Donald Trump on retirement plans considering environmenta[...]
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Morgan Stanley IM launches $1 billion climate-focused private equity strategy

BY Reuters  • November 21, 2022November 21, 2022
By Virginia Furness LONDON (Reuters) – Morgan Stanley Investment Management said on Monday it had launched a new $1 billion private equity strategy to invest in companies which will remove 1 gig[...]
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Business Economy Environment Updated US

What’s in a name? EU watchdog cracks down on ESG investment funds

BY Reuters  • November 18, 2022November 18, 2022
By Huw Jones LONDON (Reuters) – The European Union’s securities watchdog on Friday proposed strict curbs on how investment funds are sold in the bloc if they tout environmental, social and[...]
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Business Economy Environment Europe Updated

Factbox-FTX’s new CEO assesses the exchange’s failings

BY Reuters  • November 17, 2022November 17, 2022
By Tom Hals (Reuters) – John J. Ray III, the new chief executive of bankrupt cryptocurrency exchange FTX, on Thursday laid out his assessment of the failures that led to the biggest collapse in[...]
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Business Economy Environment Europe Technology US

Explainer-Britain’s insurers become test case for post-Brexit ‘unshackling’

BY Reuters  • November 16, 2022November 16, 2022
By Huw Jones and Carolyn Cohn LONDON (Reuters) – The British government and the Bank of England are reforming insurers’ capital rules, seen as a post-Brexit test of UK willingness to[...]
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