The Future Means Business
By: Pgim Oct 24, 2019 PGIM India Asset Management is a wholly owned business of PGIM, the global investment management business of the US based Prudential Financial, Inc. (PFI). With operations in the United States, Asia, Europe and Latin America, PFI has provided customers with a variety of products and services, including life insurance, annuities, […]
BlackRock’s Institutional Clients Moving to Private Capital
By: Bloomberg Oct 24, 2020 Almost half of BlackRock Inc.’s institutional clients plan to increase their allocation to private asset classes, said Mark Wiseman, the firm’s global head of active equities. “This is profound,” Wiseman said Thursday at the C4K Investors Conference in Toronto. “We’ve never seen numbers like this before.” Wiseman said the firm conducted […]
A Health Care Algorithm Offered Less Care to Black Patients
By: Tom Simonite October 24, 2019 Care for some of the sickest Americans is decided in part by algorithm. New research shows that software guiding care for tens of millions of people systematically privileges white patients over black patients. Analysis of records from a major US hospital revealed that the algorithm used effectively let whites […]
Revised and strengthened UK Stewardship Code sets new world-leading benchmark
By: Financial Reporting Council October 24, 2019 The Financial Reporting Council (FRC) has today launched a substantial and ambitious revision to the UK Stewardship Code. The new Code substantially raises expectations for how money is invested on behalf of UK savers and pensioners. In particular, the new Code establishes a clear benchmark for stewardship as […]
Pentagon report predicts collapse of us military within 20 years
By: Futurism Oct 24, 2019 Faced with the challenges of global climate change as well as the refugee crisis and armed conflicts it will create, the U.S. military may very well collapse. That’s the dire conclusion of a Pentagon-commissioned report about the future of the military, first published online in August with little fanfare and recently surfaced by Motherboard. The […]