Comment

Emerging market debt: Back to the future?

Emerging market debt: Back to the future?

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.   

Stakeholder capitalism

New report unmasks financial institutions failing to deliver on ‘corporate stakeholder purpose’ declarations

New report unmasks financial institutions failing to deliver on ‘corporate stakeholder purpose’ declarations

Companies that have promised publicly to run their business for the benefit of all stakeholders have handled the Covid-19 crisis and social and racial inequality worse than companies with no such commitment, a new report from The Test of Corporate Purpose finds.

Comment

Covid-19 will drive green bond issuance as shift to sustainability intensifies

Covid-19 will drive green bond issuance as shift to sustainability intensifies

Written by Sacha Bernasconi, portfolio manager of the SYZ Green Bonds Fund.

The catastrophe of Covid-19 has given the world one silver lining. A wake-up call. A sobering vision of the future, and the economic and social devastation climate change will bring. As responsible investors, we must be mindful of this portent of the future and accelerate our efforts in delivering progressive action. It is time to move the dial.

Survey & research

Money market funds still popular with investors as open-ended fund assets grow in second quarter

Money market funds still popular with investors as open-ended fund assets grow in second quarter

Investors continued to prefer “safe haven” money market funds as they shifted assets back into all types of open-ended funds in the second quarter, buoyed by a strong recovery in global financial markets, according to data compiled by The European Fund and Asset Management Association (EFAMA).

Pensions

Pension funds should allocate towards infrastructure and growth assets as government bonds now provide “return-free risk”, says Baroness Altmann

Pension funds should allocate towards infrastructure and growth assets as government bonds now provide “return-free risk”, says Baroness Altmann

Pension assets could support the UK economy in the fight against coronavirus, if they were invested in infrastructure such as social housing and environmental protection, according to Baroness Altmann, who spoke at a pensions conference this month.

ESG & responsible investing

BlackRock, State Street, and Vanguard block action on deforestation in shareholder votes, finds Friends of the Earth

BlackRock, State Street, and Vanguard block action on deforestation in shareholder votes, finds Friends of the Earth

The world’s three largest asset managers, BlackRock, Vanguard, and State Street, have either voted against or abstained from voting on all efforts to halt deforestation by shareholders of consumer brands and agribusiness companies since 2012, a new report from environmental advocacy group Friends of the Earth finds.