Fund managers made ‘ridiculously extravagant claims’ on ESG, Aberdeen boss says July 1, 2025 Fund managers have made a “huge mistake” with their “ridiculously extravagant claims” on ESG investing, the boss of asset management giant Aberdeen has said amid a global retreat from ethical funds. Sir Douglas Flint told the City Week conference that investors had adopted a mindset of “we’re not really about investing money, we’re just jolly [...]
Blaise Metreweli is a boot in the face for DEI June 23, 2025 Blaise Metreweli has been appointed as the first female head of MI6 from an all-woman shortlist composed on merit alone. It’s proof that some women don’t need DEI to break glass ceilings, says Eliot Wilson Just over a week ago, it was announced that Blaise Metreweli, a career intelligence officer currently serving as director general [...]
Financial services firms expected to dump green finance and DEI June 18, 2025 The financial services industry is taking a dramatic step back from green finance and diversity policies. Over half of UK senior financial professionals believe their leadership will place less focus on environmental, social and governance (ESG) policies in the coming years. Meanwhile, a similar proportion, 54 per cent, believe diversity, equality and inclusion commitments will [...]
Impax’s takings slump after global retreat on sustainability May 22, 2025 Impax Asset Management recorded a slump in revenue in the first half of the year as a global retreat on green policies turned clients away from its sustainability offering. The firm cited a “challenging first half of financial year” with assets under management falling to £25.3bn. This was down from £37.2bn at the end of [...]
HSBC Asset Management’s sustainability boss to depart as sector pivots on ESG May 5, 2025 The top sustainability boss at HSBC Asset Management is set to leave the firm amid chief executive Georges Elhedery’s review of the lender’s environmental, social and governance (ESG) policies. Erin Leonard’s exit, as first reported by Reuters, follows Celine Herweijer, the bank’s former chief sustainability officer, leaving the firm at the end of last year. [...]
Green finance withers as Trump effect spreads April 24, 2025 Financial hubs are ditching green finance, fresh research shows, after President Donald Trump’s return to the White House triggered a global retreat. Centres across the world had their green finance rating reduced in the 15th edition of Z/Yen Global Green Finance Index (GFFI). Despite topping the index, London’s rating reduced 36 points to 598. Zurich [...]
Elon Musk is paying the price for mixing business with politics March 3, 2025 Tesla sales are collapsing in Europe as the public are put off by Elon Musk’s vocal support for Donald Trump. It’s an object lesson in how politics can come at a cost to business, says Eliot Wilson Last week it was reported that Tesla sales in Europe fell by 45 per cent in January compared [...]
The Observatory Presents – A New Immersive Art and Wellness Space in the Eastern City January 7, 2025
Sport sponsorship: Best deals, who’s investing and 2025 growth January 5, 2025 As 2025 kicks off, the sports sponsorship landscape is brimming with opportunity. New trends are emerging and the environment is ripe for seasoned sponsors to make bold investments promoting new brand offerings. With Premier League clubs preparing for life after gambling sponsors and athlete-driven media platforms gaining traction, the industry is undergoing a transformation that [...]
King Henry Vlll vs Financial Literacy – Londoners speak out on Financial Education in Schools December 2, 2024 | Sponsored Today, the British public can recite the six wives of King Henry VIII – but if you ask about savings accounts, budgeting, career planning, or the support they had in their early years, many are left scratching their heads. A 2023 survey from EVERFI from Blackbaud UK revealed that 74% of teachers believe financial literacy [...]