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You might think that corona and the upcoming summer holidays would slow down the number of job moves in the industry. But this week’s job moves were dominated by a great deal of long-time employees looking for new challenges.

Weekly overview: Did you catch it all?

Sweden's largest pension fund subjected to a fake news hoax, Denmark's ATP is set to manage a crisis re-capitalization fund, consumer council thinks Norwegian retail investors should ditch active funds for their index counterparts, Blackrock's alternatives chief sits on a USD 23 billion war chest, and Skagen Fondene names new lead fund manager for bond funds. These are some of this week's news.

SEB backs new Sri Lankan green bonds

Swedish bank SEB has, through its microfinance and impact funds, made its first investment in Sri Lankan green bonds. The money will be used to finance green loans from Pan Asia Banking Corporation to small and medium-sized enterprises in Sri Lanka.

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Vanguard and State Street are resisting the hot new ETF craze

One of Wall Street’s hottest innovations is being hailed as the potential key to luring trillions of actively managed dollars to the booming market for exchange-traded funds. Yet two of the industry’s biggest players want no part of it for now.

Norway's FSA considers ban on kickbacks

The Norwegian Financial Supervisory Authority threatens to propose a ban and has, at the same time, asked 36 investment firms to explain why they receive and keep kickbacks related to their clients' fund products.

AP7 hit by fake fossil news

Yesterday, an environmental activist fund exposed the Swedish public pension fund AP7 to a "fake news" attack. A fake press release about AP7 was distributed to international media accompanied by a fake homepage and a fake spokesperson.

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