As former CEO of ExxonMobil remains on the bank’s board

As former CEO of ExxonMobil remains on the bank’s board
But JP Morgan predicts ‘shortest ever’ contraction
Initiatives include a scoring system that uses machine learning and focuses on climate risks
The firm has joined forces with JP Morgan AM to expand its sustainable ETF products
Last year’s market turmoil has selectors returning in droves to the once-vilified developed govvies
Private banker David Saab will join Generali and industry titan Peter Kraus at new low-cost investment manager
Regulation, increasing costs, and the rise of passives threaten active managers
Pimco’s fixed income funds attracted more than double the inflows of rivals over the last decade despite significant outflows after Bill Gross’ departure.
The inclusion of 226 China A-shares was a hugely symbolic moment for investors in the region but the fund industry has failed to get ahead of the curve with most firms lacking dedicated teams of analysts or products to invest in the asset class.
Rising interest rates and inflation have shifted the dividend opportunity to the financial and energy sector rather than traditional defensive stocks, said Thomas Buckingham, London-based portfolio manager at JP Morgan Asset Management.
Part of the Mark Allen Group.