Foundational research by CFA Institute aims to prompt the best minds in the asset management and asset owner communities to consider how to better consider climate risk. Institute chief executive Marg Franklin says governance, organisational design and systems thinking will be core elements of how the industry evolves its thinking and Source link
Author: user
Cryptocurrency, or crypto, has been making headlines for years. Now, it has even entered the 2024 presidential election.Surprisingly, “almost half of all corporate money contributed to this year’s federal election campaigns — yes, nearly half — has come from crypto backers, according to a recent report from the consumer advocacy group Public Citizen,” said Bankrate.But beyond being part of a buzzy industry with apparently deep pockets, is crypto actually a good investment? Here is what to know about its potential risks and rewards. Subscribe to The Week Escape your echo chamber. Get the facts behind the news, plus analysis from…
Visitors check out rare-earth material samples during an international mineral cooperation forum in Nanning, Guangxi Zhuang autonomous region, in May 2023. [YU JING/CHINA NEWS SERVICE] China”s efforts to promote high-quality development of the rare-earth metals and minerals sector will offer strong impetus to the industry’s green and standardized development amid growing demand for crucial raw materials from emerging areas like new energy vehicles, said industry experts and company executives. Their comments came as the country is stepping up efforts to drive the sector’s high-quality development after unveiling new regulations on mining, smelting and trading of rare-earth metals and alloys in…
Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BINvidia stock closed 4% higher on a report that CEO Jensen Huang is done selling shares.Huang raked in $713 million in total proceeds from the sales.He remains Nvidia’s biggest shareholder.Nvidia shares climbed as much as 5% on Tuesday as Barron’s reported CEO Jensen Huang is done with planned sales of stock.Huang has reached the 6-million-share maximum threshold he’s permitted to sell under a prearranged plan adopted in March. The trading plan, known as a 10b5-1, enables company insiders to trade a firm’s stock in a predetermined manner.Huang remains the company’s…
Image source: Getty Images The Barclays (LSE: BARC) share price has had a good run, climbing 42.89% in the last 12 months. Given its storming success, I expected it to be expensive. Yet its current price-to-earnings ratio is just 8.19, roughly half the FTSE 100 average of 15.4 times. The shares also look cheap judging by the price-to-book ratio, which stands at just 0.5. That’s exactly half the figure of 1 that’s seen as fair value. This suggests Barclays has more room to grow. Of course, metrics like these are far from infallible. Financial services stocks have looked underpriced for…
DUBAI (Reuters) – Lebanon’s Hezbollah said on Wednesday it launched a rocket targeting Mossad headquarters near Tel Aviv, which it says was responsible for assassinating its leaders and blowing up pagers and walkie-talkies used by the group, in a new escalation. Warning sirens sounded in Israel’s economic capital Tel Aviv as a single surface-to-surface missile was intercepted by air defence systems after it was detected crossing from Lebanon, the Israeli military said. There were no reports of damage or casualties and the military said there was no change to civil defence instructions for central Israel. Warning sirens also sounded in…
A plate of nigiri sushi.Newsday Llc | Newsday | Getty ImagesSushi, onigiri and yakitori don — Japanese rice is a key staple in many of its iconic dishes, but the country is facing its biggest shortfall in decades. Japan has been contending with a rice shortage in recent months due to a mix of bad weather and an increase in tourists, undergirded by the country’s restrictive rice policies.”Throughout summer 2024, Japan has been grappling with a table rice shortage resulting in empty supermarket as demand outpaced production for the last three years causing stocks to deplete to their lowest levels in…
Image source: Getty Images There’s no denying Lloyds Banking Group (LSE: LLOY) is a popular share among UK private investors, and so far in 2024 the price has done well. However, most are probably attracted by the big dividend on offer. With the stock in the ballpark of 59p, the forward looking yield for 2025 is a meaty 5.8%. At first glance, that kind of income stream would sit well in my portfolio. A round trip for dividends However, the forecast shareholder payment for 2025 is around the level of 2019’s. But that’s despite five years of impressive double-digit percentage…
ERM, one of the world’s largest sustainability consultancies, has launched an end-to-end carbon credit sourcing portal to provide ERM clients with access to carbon credits that complement their greenhouse gas (GHG) emissions reduction strategies and sustainability goals. ERM will help its clients purchase and withdraw carbon credits via the interactive portal ERM’s Carbon Credit Portal is designed to simplify the carbon credit selection and purchasing experience and make it easier for organizations to participate in the voluntary carbon market. The new tool represents the next step in ERM’s strategy to enhance its support for clients’ carbon credit journeys, following the…
Silicon Valley has never felt more intertwined with the Middle East—and I’m not just saying that because I’m writing this column as I graze on dates in the lobby of Rosewood Abu Dhabi. I spent the last week meeting investors, operators and founders in Dubai and Abu Dhabi, where evidence of U.S. … Source link