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KraneShares Partners with UBS Asset Management to Launch Active China A Share Fund

KraneShares Partners with UBS Asset Management to Launch Active China A Share Fund
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.

Asset managers unite to urge human rights focus on facial recognition tech

Asset managers unite to urge human rights focus on facial recognition tech Investor Statement on Facial Recognition launched Share The Investor Statement on Facial Recognition is a two-year collaborative engagement programme Aviva Investors, BMO Global Asset Management and Candriam are among 50 global investors who have pledged their commitment to helping to ensure that human rights are protected in the development of facial recognition technology (FRT). The firms are signatories of the Investor Statement on Facial Recognition, which is a two-year collaborative engagement programme initiated by Candriam, targeting constructive dialogue with global companies developing or using the technology. Misidentification is relatively common, occurs more systematically among certain ethnic groups and has led to false arrests.

KraneShares Launches Bloomberg Barclays China Bond Inclusion ETF (Ticker: KBND) on the New York Stock Exchange

Sustainable Investment Legislation Re-Introduced in Congress

Dual bills would require fiduciaries to consider ESG factors in investment decision-making. A group of Congressional lawmakers has reintroduced two pieces of legislation The Sustainable Investment Policies Act and the Retirees Sustainable Investment Opportunities Act that they say will “protect and increase sustainable investments.” The group of four Democratic members of Congress, led by Michigan Rep. Andy Levin, says the bills would require large asset managers, plan investors, and fiduciaries to take into account environmental, social, and governance (ESG) factors in their investment decisions, and explain to their beneficiaries how they do so. The other supporters include Pennsylvania’s Brendan Boyle, Iowa’s Cindy Axne, and Illinois’ Jesús “Chuy” García.

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