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Intesa Sanpaolo submits second slate of candidates for board appointments
Intesa Sanpaolo has submitted a second slate of candidates for the Board of Directors and Management Control Committee for the financial years 2025/2026/2027, ahead of the Ordinary Shareholders’ Meeting on 29 April 2025. The slate, filed on 3 April 2025, includes five candidates: Anna Gatti, Guido Celona, and Mariarosaria Taddeo for the Board Director positions, and Roberto Franchini and Riccardo Secondo Carlo Motta for the Board Director and Management Control Committee roles. The shareholders backing this slate collectively hold 268,136,629 shares, representing 1.50607% of the share capital.
ubs revises sustainable investment criteria to include defense companies
UBS Asset Management has removed its exclusion on investments in certain defense companies, allowing its sustainability funds to back manufacturers of conventional weapons. This shift aligns with a broader trend among European investors, including Allianz Global Investors and Danske Bank, to reassess their investment policies amid rising geopolitical tensions and increased military spending. Exclusions remain for controversial weapons like cluster munitions and biological weapons.
UBS Asset Management has removed its exclusion on investments in conventional weapons manufacturers, joining other European money managers like Allianz Global Investors in reassessing their policies amid rising geopolitical tensions. This shift comes as defense stocks surge due to increased military spending commitments from European nations. Exclusions remain for controversial weapons such as cluster munitions and biological weapons.
ubs lifts ban on defense investments amid rising geopolitical tensions
UBS Asset Management has lifted its ban on investments in certain defense companies, joining a trend among European asset managers to reconsider exclusions amid rising geopolitical tensions. The firm, which manages $1.8 trillion in assets, will now allow investments in conventional arms manufacturers, while still prohibiting controversial weapons. Other firms, including Allianz Global Investors and Danske Bank, are also easing restrictions on defense investments.
UBS Asset Management has removed restrictions on investing in certain defense companies, joining other European investors like Allianz Global Investors in reassessing their exclusion policies amid rising geopolitical tensions. This shift allows funds to support the region's military spending, despite maintaining bans on controversial weapons.
AllianzGI enhances institutional client support in Switzerland with new hire
Allianz Global Investors is enhancing its support for institutional clients in Switzerland by appointing Reto Brändle as Senior Business Developer. Based in Zurich, he will focus on pension funds and insurance clients, reporting to Eric Güller. Brändle previously held a senior role at UBS Asset Management.
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