$84trn AUM captured by net zero initiatives: BarclaysA total $84 trillion of assets under management (AUM) is now captured by net zero commitments of the AUM of signatories to the three largest net zero initiatives, said Barclays in a new report. Climate change has dominated headlin More… |
$84trn AUM captured by net zero initiatives: BarclaysA total $84 trillion of assets under management (AUM) is now captured by net zero commitments of the AUM of signatories to the three largest net zero initiatives, said Barclays in a new report. Climate change has dominated headlin More… |
Opec+ to maintain tapering pace at 400,000 bpdOpec+ has decided to stay the course and maintain the tapering pace at 400,000 barrels per day (bpd), tempering market expectations of incremental supplies over the near term, said British multinational bank Barclays in a new report. More… |
Growth likely to slow to 4.5% in 2022, says reportGlobal economic growth is set to slow to 4.5% next year, as opposed to 6.2% this year, marking a considerable drop, but still a bit stronger than the years leading up to Covid, said Barclays in a new report. Barclays forecasts a s More… |
Private capital ‘essential to address climate change’The majority (86 per cent) of global private wealth holders, family offices and foundations see investing their private capital as essential to address climate change, alongside action from government, charities and corporations, a report said. More… |
Daya appointed CEO of Barclays Bank (Suisse) SARahim Daya has been appointed CEO of Barclays Bank (Suisse) SA and will relocate to the Barclays’ Geneva office, where he will be responsible for positioning the business for growth in the region. D More… |
Global growth rate seen at 5% in 2021: BarclaysWhile volatility may be less elevated next year, financial markets and the economy could depend on Covid-19 developments, said Barclays in a new report, adding that it expects a growth rate of close to 5% in 2021. The main questio More… |
Trust key to wealth transfer among Mideast familiesBuilding trust and understanding between generations will be key to ensuring the success of wealth transfer among high net worth (HNW) families in the Middle East the coming years, according to new research by Barclays Private Bank. More… |
Private wealth impact investing set to double in 5 yearsHigh net worth individuals, families, family offices and foundations plan to increase their allocation to social and environment impact investing from 20 per cent of their portfolios in 2019 to 35 per cent by 2025, said a new report. More… |
Some US malls may be adapted for other uses: BarclaysAbout 15-17% of malls in the US may no longer be viable as shopping centres and need to be redeveloped into other uses as the pandemic has likely accelerated rationalisation of retail capacity in the US, a report said. With More… |