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Fund arm scraps co-head structure as backlash against ESG ramps up in the US

Wealth Management Correspondent

Lazard Asset Management's ESG boss Nikita Singhal has left the firm amid an overhaul of its sustainability business.

The $193.6bn fund group has scrapped the co-head structure for its sustainable investment team, according to a person familiar with the situation.

Lazard’s ESG co-head Nikita Singhal departs amid reshuffle

Kristen McGachey

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Find out who is on the move in the City and beyond this week

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

GQG Launches Buyback After Stock Tumbles on Adani Probe

The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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