Allianz Global Investors (AGI) –
Armin Sandhövel, chief investment officer infrastructure equity at AGI, will soon leave his post, sources told IPE. Sandhövel is currently on gardening leave, it is understood, and his future plans have not been disclosed.
A spokesperson for AGI declined to comment.
Sandhövel joined the firm as global CIO for infrastructure equity in 2012. In his role, he was responsible for managing €1.5bn in assets.
Prior to joining AGI, Sandhövel was the founder and chief executive officer of Allianz Climate Solution, the competence centre for the Allianz Group on climate and cleantech. He served as head of carbon risk and renewable risk management at Dresdner Bank from 2001 to 2007.
Part 3: Q&A with Shundrawn Thomas: Tips for Making Progress on Diversity
The president of Northern Trust Asset Management discusses how to keep talks about race and inclusion from becoming ‘the third rail.’
Shundrawn Thomas
Some say, in the aftermath of George Floyd’s murder, that our society is at a moment of reckoning, and many people have lifted their voices in frustration. Gun violence is raging. Wealth disparity is increasing. There is a strong call to improve things for those who have been discriminated against, disenfranchised, or treated unfairly.
If it’s true that change must come at an institutional level, then Shundrawn Thomas, president of $1.1 trillion Northern Trust Asset Management, has been outlining the path forward. He believes all parties should come to the table, and he has been writing letters to the industry calling for more accountability in diversity and leadership.
Part 2: Q&A with Shundrawn Thomas: Effective Mentoring
The president of Northern Trust Asset Management discusses creating productive mentoring relationships to advance racial and gender diversity.
Shundrawn Thomas
Shundrawn Thomas, president of $1.1 trillion Northern Trust Asset Management, has been writing letters to the industry calling for more accountability in diversity and leadership. In Part 1 of this series, taken from an edited interview with Thomas, he explained his reasons for writing them and called for more empathy. In Part 2, we discuss how minorities have a mantle of responsibility on their shoulders when they come into positions of power, and how women and minorities can create positive mentoring relationships.
Hi everyone. Quick heads up that later in this episode we ask our guest John Rogers a question about the stock of Viacom Corporation. Subsequent to recording the episode, Viacom’s stock got pulled down in connection with the implosion of the Archegos hedge fund. That explains why Viacom’s sharp recent pullback isn’t mentioned it hadn’t happened at the time we interviewed John. Hope you enjoy the episode.
Christine Benz: Hi, and welcome to The Long View. I m Christine Benz, director of personal finance for Morningstar.
Jeff Ptak: And I m Jeff Ptak, chief ratings officer for Morningstar Research Services.
NTAM Increases Services for Minority Brokers
Northern Trust Asset Management (NTAM) is increasing its trade execution services commitment to broker-dealers owned by minorities, women, veterans or people with disabilities.
The execution target for its Minority Brokerage Program is increasing in March from 10% to 15% of equity security trading commissions in certain commingled funds. NTAM started its Minority Brokerage Program in 2007 and in 2018 instituted a 10% trading target for participating funds.
“As one of the world’s largest investment managers, we founded the program over a decade ago because we recognized both the impact we can have to advance diversity within the industry and that partnering with diverse organizations can lead to better outcomes,” Northern Trust Asset Management President Shundrawn Thomas said. “Empirical data has long shown that top-performing companies, regardless of industry, are those that excel on cultural, ethnic and gender diversity. This s