Chart of the week: liquidity problems
Financial markets are under pressure. Not only stocks but also other asset classes are mostly moving lower. Are we dealing with unique factors, or is there a single overarching culprit?
ESG is measured wrong, says Dan Ariely. His fix is beating the S&P500
Dan Ariely has devoted his career to understanding irrational behavior. According to the Duke University professor of psychology and behavioral economics, ESG investors are the perfect test group. They focus, he says, on what is easy to measure rather than on what actually matters for returns.
Morningstar: DWS versus Kempen in global equity income
One in five global dividend funds now integrates ESG criteria. Where sustainable funds in other segments have struggled to maintain their growth momentum, sustainable global dividend funds have seen strong inflows in recent years.
What remains of Europe’s sustainable ambitions?
It was in May 2018 that the European Commission launched its highly ambitious European Sustainable Finance package. Seven years later, the political winds in Europe have shifted significantly, and sustainability ambitions are being scaled back step by step.
SFDR overhaul sets strict new rules for sustainable fund labels
The European Commission on Thursday unveiled sweeping changes to Europe’s Sustainable Finance Disclosure Regulation.
COP30 sees nature move to the center of climate finance
The United States’ pullback from COP30 raised fears of stalled momentum in climate finance. Instead, the summit in Belém, Brazil, this week signaled a shift in how governments and financial institutions approach nature as a core pillar of climate policy.
‘It’s too early to withdraw into a bear cave’
Stretched valuations alone are not enough to derail the equity market as long as the economic backdrop remains stable, says Johanna Kyrklund, group CIO at Schroders.
Halfway through the AI bubble
Nervousness around AI stocks reached a boiling point last week. Michael Burry, the investor who became famous for predicting the 2008 mortgage crisis, placed short positions on Nvidia and Palantir.
‘Cocos have never been safer’
The solid balance sheets and high profitability of banks provide a strong foundation for deeply subordinated bank bonds. They offer high returns at low risk.
As banks retreat, private lenders take the wheel
A good fifteen years after the global financial crisis rewired the world’s credit circuits, a new generation of credit masters now sits in the driver’s seat of corporate finance.