The first ever practical blueprint for “net zero investing” has been issued by Institutional Investors Group on Climate Change (IIGCC), to help investors maximise the contribution they make in tackling climate change.
Asset managers say it is time to embrace riskier fixed-income assets again, with emerging markets bonds becoming an increasingly attractive option for investors as optimism wanes over a quick economic recovery in developed markets.
Concern is growing over a likely spike in defaults among so-called ‘zombie’ companies that have stayed afloat during the coronavirus pandemic by relying on government stimulus and increasing their debt loads, but will struggle to keep servicing loans as government schemes roll back.
Over a third of all shares on the UK’s FTSE 100 and 250 indices are now owned by North American asset managers, as the popularity of low-cost passive index funds and ETFs has surged.
Central banks are lagging other major institutional and public sector investors with their integration of environmental, social, and governance (ESG) criteria, according to a new survey by BNY Mellon and OMFIF.
Fulcrum Asset Management has launched a new global equity fund which aims to invest in companies that are on-track to meet the Paris Agreement’s target of keeping the global temperature rise below 2 degrees Celsius.
Thirty banks including Barclays, BBVA, Citi, Credit Suisse, Santander and UBS, were assessed on how they have integrated ESG factors into their commercial practices, and none were judged to be ‘outstanding’, according to a new benchmark report by audit, accounting, and consulting firm Mazars.
The “new gold” is how the young asset class of cryptocurrencies is often described. With miners virtually unearthing new ‘coins’ every day via a decentralised system that operates beyond the influence of government, it’s easy to see the attraction.
Intentions are translating into real results for impact investors, with 99 per cent of the almost 300 investors who responded to the most comprehensive survey of the market to date saying that they have met or exceeded their impact performance goals, and 88 per cent meeting or exceeding their financial expectations.
For years, Asia Pacific has lagged behind other regions in its awareness and focus on responsible investing. While there are pockets including Japan and Australia that are making progress, China and South East Asia are still dragging their feet in terms of regulatory oversight and individual company governance.
As the global economy judders into an unsteady restart, stock markets rebound, and manufacturing grows, one thing that has been slow to take off is commodities prices.
Industry group the World Federation of Exchanges has issued guidance to central counterparty clearinghouses (CCPs) over how to allocate non-credit losses.
