AXA IM: The relationship between net zero and rising global temperatures
Human activities are the cause of the rising concentration of greenhouse gases (GHG) in the atmosphere and are therefore responsible for the earth’s higher temperatures.
As inflation subsides, M&G eyes slowdown and war
Central bank interest rate hikes seems to have had their desired effect, with signs pointing to the end of the very high inflation of late, but, according to three chief investment officers at M&G Investments, the world’s economy isn’t out of the doldrums yet, especially because of Russia’s ongoing war against Ukraine.
Amundi says it’s time to love bonds again
Europe’s biggest fund manager, Amundi, is telling investors that it is time to get back into the bond market. And it believes that reports of the death of the 60-40 portfolio are greatly exaggerated. That theory merely has spent time in the freezer, said Vincent Mortier, Amundi’s chief investment officer.
“Bond is back, and not only on screen,” Mortier jokingly told journalists in a media call on Tuesday.
Triodos IM: EU taxonomy puts ESG funds at disadvantage
The European Union, under its taxonomy, requires SRI funds to declare what part of their portfolio is green by 1 January 2023, but there is still much work to be done to address the pitfalls in the EU’s sustainable finance framework, Triodos Investment Management’s Hadewych Kuiper and Nikkie Pelzer (photo) said in an interview. “Some asset managers prefer to classify their sustainable funds under Article 6” because it requires less reporting, making it cheaper.
KfW breaks €50 bln threshold in LGX-listed green bonds
German state-owned bank KfW has become the first to have issued a total of more than 50 billion euro in green bonds on the Luxembourg Green Exchange, known as LGX, the Luxembourg Stock Exchange said. This achievement was marked by a LuxSE bell ceremony on Monday.
KfW issued its first green bond 8 years ago and has since issued about 100 green bonds, raising some 50 billion euro for green projects. Its significant green funding programme makes KfW one of the 10 largest sustainable bond issuers in the world.
Apex opens Swedish office, buys New Zealand's IIS
Apex Group, a Bermuda-headquartered fund services provider with substantial operations in Luxembourg, has opened a new office in Stockholm from which it will service clients in the Nordics region. The firm also has announced it acquired the parent company of IIS and InvestNow in New Zealand.
UBS AM: The foresights for the European economy are hidden in thick fog
Rate hikes, a negative European winter, and an end to China’s economic slowdown are three key areas demanding focus for the rest of the year, according to Evan Brown in his Macro Monthly.
Sofia Harrschar: Investors find stability in alternatives
Economic insecurities on a broad scale are increasingly impacting the decision making of institutional investors. With continuously high volatilities in equities and, as an effect of rising interest rates, even in the bond markets, they look at illiquid assets, or alternative investments that can offer solid cash flows and long-term returns.
Position of women in funds falls consistently short
The position of women in the asset management industry has barely improved in the last seven years. Citywire’s Alpha Female Report 2022 shows that a mere 5.5 percent of all actively managed funds - or one out of 18 - are led by women. “Progress towards gender parity in portfolio management looks to have come to a grinding halt.”