The Covid-19-led recession will likely weigh on credit metrics well into 2023 from the combination of lost output and debt overhang, threatening corporate solvency, says S&P Global Ratings. The firm also believes the shape of recovery will differ from previous crises, with a wide range of outcomes across industries and geographies, and accelerating some secular industry shifts.
Calls grow for ‘new generation’ UK funds regime to boost industry post Brexit and encourage regional economic growth
Boutique asset management think tank New City Initiative (NCI) is calling for the development of a new UK fund structure that could rival UCITS and AIFs, while decentralising fund management in the country and encouraging regional growth.
An informal stakeholder group of investors, finance industry groups, and NGOs has set out ways to improve the reporting by businesses of environmental, social and governance (ESG) information, saying the world is “at a crossroads” for building a sustainable recovery from the coronavirus pandemic.
Top allocators and managers come together for world’s largest cap intro event in aid of Funds4Food Covid-19 initiative
Funds4Food, the largest capital introduction event in history which is aiming to raise money for Funds4Food’s Covid-19 initiative, is now underway providing two-weeks of virtual one-on-one meetings between alternative asset managers and leading allocators.
After a sharp recession and a modest recovery, the world will be greener, more digital, more regulated and less globalised, says DFWS
There will be no rapid return of the global economy to the level it was in before the outbreak of the coronavirus pandemic, according to the latest market outlook from DWS.
Investment fund activity is likely to bounce back quite quickly from the economic crisis caused by the coronavirus pandemic, according to prominent industry figure, Jon Moulton.
Governance is key to addressing and mitigating global systemic risks while pursuing returns, says Mercer
A new report from Mercer examines how large asset owners are finding ways to pursue attractive risk-adjusted investment returns while also taking investment actions to help mitigate and address the impact of the Covid-19 pandemic through investment governance.
A recent surge in equity fundraisings shows that UK’s listed companies are still in a healthy state despite the challenges of Covid-19, according to a report by Addleshaw Goddard.
Russian specialist Balchug Capital has navigated a path through the pandemic crisis by believing in the fundamental value of its “best ideas” emerging markets-focused equities positions, according to founder David Amaryan.
The 2008 financial crisis revealed many corporate governance deficiencies at alternative funds. Twelve years on, Covid-19 is causing a different set of challenges. Bill Prew, CEO of independent depositary INDOS Financial, assesses whether governance practices in the industry have improved and if investors’ interests are now being better safeguarded.