Refinitiv has launched ESG scores for funds, allowing comparisons at the fund level for fund managers, advisers and investors, as the world of sustainable investing continues to boom.
Investors that bought into the stock market recovery in April and May largely banked their gains in June, with equity funds shedding GBP1.2 billion in outflows, according to Calastone’s latest Fund Flow Index.
UAE-based brokerage Al Dar Shares & Bonds has joined Nasdaq Dubai as a Member to trade equity derivatives.
Carey Olsen Corporate Finance Limited, a group company of offshore law firm Carey Olsen, was the leading listing agent for The International Stock Exchange (TISE) during the first half of 2020.
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.
Corporate bond issuance may soon max out after hitting new highs in the first half of 2020, according to fixed income specialist BlueBay Asset Management in a recent market outlook note.
Integral, a technology provider to banks, brokers, and asset managers in the foreign exchange market, reported average daily volumes (ADV) across Integral platforms totalled USD35.1 billion in June 2020.
Asset managers are calling for stricter rules on market data pricing and licensing, calling it an “essential economic infrastructure” for market participants that ought to be regulated similarly to privatised railways and telecoms grids.
Traders in the investment management and banking industries have continued their call for a reduction to market trading hours, making the case to the pan-European exchange, Euronext.
A growing number of asset managers are taking an increasingly sophisticated approach to China’s growing equity markets, as both onshore and offshore Chinese stocks outperform emerging markets, according to a recent report from bfinance.