The top holdings of many ESG funds may be surprisingly familiar.Arne Nowak of DWS Group explained that while these strategies take into account a company's ESG factors, these funds still aim to invest in top performers across industry groups.“The idea is not to get too focused and pick just a few stocks that do the best from ESG or climate principles, but [to] You still have a portfolio that looks very similar to the economic makeup of the U.S. economy,” the firm's head of systematic investment solutions for the Americas told CNBC's “ETF Edge” earlier this week. Noack manages the…
Author: ricardofrancois
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.Viktor Jacobsson, the reclusive co-founder at the heart of the tussle on Klarna's board, has bought a stake in the company via special purpose vehicles to become one of its largest shareholders ahead of an expected initial public offering.The exact size of Jacobson's ownership is unclear, in part because he owns shares through various corporate entities. However, his stake is worth hundreds of millions of dollars and may exceed CEO Sebastian Siemiatkovsky's roughly 8 percent stake, according to people familiar with the…
Elon Musk at a Tesla Motors press conference at the 2009 North American Auto Show.James Lince | Corbis Historical | Getty ImagesThe term “collectible vehicle” may conjure images of a sleek convertible from the 1930s, or perhaps a souped-up muscle car. But time moves. A new crop of all-electric cars and hybrids are starting to attract collector interest despite deep price cuts for new electric cars and a volatile used car market where five-year-old electric cars are falling in price by nearly 50% and used hybrids hold their value better than ever. Other cars. Vehicle category excluding trucks.So which electric…
To give AI-focused female academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching an interview series focusing on the remarkable women who have contributed to the AI revolution. We will publish many articles throughout the year as AI continues to flourish, highlighting key works that often go unrecognized. Read more profiles here. Sandra Wachter is Professor and Senior Researcher in Data Ethics, Artificial Intelligence, Robotics, Algorithms and Regulation at the Oxford Internet Institute. She is also a former Fellow of the Alan Turing Institute, the UK's national institute for data science and artificial…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.British broker TP ICAP has spun off a fast-growing division that sells data to traders as it tries to respond to pressure from its investors to return capital. The data unit, Parameta Solutions, was registered in February as an independent company as TP ICAP prepared a potential sale or listing, two people familiar with the matter said. Parameta is registered as a separate company with the Jersey Companies Register.The decision to spin off Parameta comes after intense pressure from some of TP…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.Kering and EssilorLuxottica are among the suitors for Marcolin, the Italian maker of Tom Ford's popular eyewear line, according to people familiar with the matter.The Veneto-based company, which private equity owners are seeking for a valuation of up to 1.3 billion euros, has held preliminary talks in recent weeks with groups including rival Savelo as well as the Franco-Italian eyewear group and the French luxury conglomerate, the sources said. . US-based Marshon has also expressed interest, according to a person involved in…
It will soon be difficult to find parking around Runyon Canyon after the Los Angeles City Council approved new regulations for a group of residential streets near the popular hiking area.Parking will be restricted west of the canyon and north of Hollywood Boulevard from North Corson Street to Laurel Canyon Boulevard, a stretch about a half-mile wide. Residents living within the restricted area will be able to obtain permits from the city.Councilwoman Nithya Raman, who represents the neighborhood, asked for the regulations to be put in place in 2022 in response to complaints from residents that hikers and tourists were…
When you work for yourself, you join millions of other business owners hoping to make their dreams come true. However, navigating the murky waters of freelancing can be difficult, especially during the early stages.Although there are no guarantees in business, there are some strategies that can increase your chances of success, especially financially. Here are some mistakes to avoid as a self-employed person.Failure to delegate or prioritize Self-employed people often take on a dual role in their business during the early stages due to budget constraints. However, trying to do it all on your own might be a mistake, said…
San Francisco – Mayor London Breed was all smiles during a crowded introductory party Tuesday in Hayes Valley, a boutique neighborhood about a half-mile from City Hall, pausing to snap selfies and congratulate her as she moved through the crowded bar toward the microphone. “Change is coming!” Breed shouted to thunderous applause from the patio at elegant cocktail bar Anina. Early results showed promise for a slate of local candidates running on a more centrist agenda, for ballot measures that would transform downtown with new development, and called for the city school board to reinstate Algebra I as an offering…
Cillian Murphy is J. Robert Oppenheimer in OPPENHEIMER, written, produced and directed by Christopher Nolan. (Melinda Sue Gordon/Universal Pic/Melinda Sue Gordon) The Oscars represent the last chance for Barbenheimer's film as its 2024 box office faces an uncertain future Oscars Christy Karas March 9, 2024 The 96th Academy Awards on Sunday are expected to be the culmination of last summer's “Parpenheimer” phenomenon, as Christopher Nolan's three-hour historical drama about J. Robert Oppenheimer grossed nearly $1 billion as the clear favorite. Winning best picture. But the expected toast of this breakthrough for commercial event cinema comes at an uncertain time for…