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Climate roundup: Active managers don t use climate indices, says pensions group | News

Climate roundup: Active managers don t use climate indices, says pensions group | News
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AMX launches climate reporting hub

AMX has launched ‘AMX Zero’ – a climate reporting hub that aims to help trustees solve the problem of fragmented climate data and lack of standardised reporting in order to meet their regulatory responsibilities on climate.

Northern Trust Expands Foreign Exchange Currency Management Services Footprint with Key New Mandates

Northern Trust Expands Foreign Exchange Currency Management Services Footprint with Key New Mandates Clients Focus on Managing FX Exposures Through Advanced Currency Hedging Solutions Northern Trust (Nasdaq: NTRS) is experiencing strong demand for its Foreign Exchange (FX) currency management services with a number of significant new mandates over the past 12 months. The appointments to provide a full suite of currency management services span newly onboarded clients including Blackwall Capital Investment AG, Kieger AG and TT International Asset Management Limited, in addition to significantly expanded services for existing clients including AMX ( Rockefeller Asset Management. John Turney, global head of Foreign Exchange at Northern Trust, said: A combination of rising operational costs, governance pressures and regulatory requirements are encouraging asset managers and asset owners to delegate their FX currency hedging to a specialist third-party who can efficiently

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