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Business 04 Mar 2021 | 7:00 AM

A US$9bil Mizuho fund sparks review of Japan’s ESG labels

TOKYO: A popular environmental, social, and governance (ESG) fund in Japan managed by Morgan Stanley and sold by Mizuho Financial is triggering an industry-wide review by regulators who are looking into new rules for mutual funds to protect investors from possible “greenwashing.”

Business 01 Mar 2021 | 7:00 AM

Absent guidance takes shine off Europe’s stellar earnings season

LONDON: With Europe’s results season wrapping up, the main takeaway has been not the broadest earnings beat in about 14 years, but rather a dearth of guidance from many companies on a still uncertain future.

Business 26 Feb 2021 | 7:00 AM

Galaxy asset management unit reaches US$1.2bil in size

TORONTO: Billionaire investor Mike Novogratz’s Galaxy Digital Holdings Ltd has said its asset management unit has grown to about US$1.2bil after launching new products, including a bitcoin mutual fund in partnership with Canada’s CI Financial Corp.