China is seen as the jewel in the asset manager’s crown after foreign ownership restrictions in the industry were relaxed in April. Global firms including BlackRock, Fidelity International and Vanguard have applied to set up wholly-owned mutual fund units in China, hoping to tap the country’s fast-growing USD2.6 trillion retail fund market.
The European asset management industry is back on track for another year of growth, according to industry body The European Fund and Asset Management Association (EFAMA) – with assets under management rebounding strongly after being hit by the coronavirus crisis in the first quarter of 2020.
Financial stability across the world could be under threat from climate change, with the Financial Stability Board (FSB) warning that environmental deterioration could hit asset prices, financial liquidity, and borrower creditworthiness.
Institutional investors allocated USD220.5 billion to fixed income strategies in the third quarter of 2020, with most of this going toward US bond managers, as rising coronavirus cases and the run-up to the US election kept appetites for risk low.
Pension funds in the UK are being urged to step up their infrastructure investment, as speakers at a pensions conference this week emphasised the need to preserve the long-term sustainability of the UK economy.
By Francesc Balcells, CIO of EM Debt at FIM Partners, an institutional asset manager focused on emerging markets.
The FED and other central banks launch massive asset purchases, equities and global bonds rally, the market piles on inflation hedges, industrial commodities strengthen, and the dollar dips.
Diversity and inclusion have become a priority for institutional investors in the UK, two thirds of which say their firms are excluding companies from their investment portfolios if they fail to meet certain thresholds.
Truvalue Labs has launched a suite of data products that capture both positive and negative company performance related to the United Nations Sustainable Development Goals (SDGs) in real time, uncovering risks and opportunities for investors.
The global green bond market is set to grow to EUR 1 trillion by the end of 2021 and EUR2 trillion by the end of 2023, according to NN Investment Partners (NN IP).
The Bank of England has fuelled speculation over whether it will introduce negative interest rates in the UK by asking banks to detail how ready they are to deal with rates going negative.
A USD20 trillion group of financial institutions including Amundi, Fidelity International, and Aviva Investors is asking over a thousand companies to commit to “science-based climate action” in line with achieving net-zero by 2050.
