ECB’s new inflation target and climate change policies

The European Central Bank announced the results of its strategy review and climate change-related policies on Thursday. INFLATION New strategy adopts symmetric 2% inflation target over medium term Governing Council confirms that Harmonised Index of Consumer Prices (HICP) remains appropriate price measure and recommends inclusion of owner-occupied housing over time 2% – NO MORE ‘CLOSE […]

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BlackRock’s stewardship executive Cameron to take new role within firm

Ray Cameron, a prominent executive in BlackRock Inc’s (BLK.N) investment stewardship team who oversaw the money manager’s interactions with hundreds of U.S. companies, will take another position in the firm, the asset manager said. BlackRock, the world’s biggest asset manager, confirmed information by two sources familiar with the matter that Cameron will be moving to […]

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