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MetLife’s institutional asset management business has acquired $1.5 billion impact bond manager Affirmative Investment Management (AIM) as it looks to build out its internal sustainability capabilities.
Fiona Reynolds, the former CEO of the UN-supported Principles of Responsible Investment (PRI), has continued a barrage of board and executive appointments with a director position at Frontier. Reynolds will join the board of Frontier as a non-executive director as she concludes a nine-year posting as chief executive for the PRI. The move comes as…