Managing impact funds is a balancing act, says BLI’s Drui
Fund managers looking for sustainable investments can find themselves with incomplete non-financial data needed to make their decisions. At BLI - Banque de Luxembourg Investments, Annick Drui, manager of the 75 million euro BL Sustainable Horizon fund, explains how she is trying to strike the right balance.
Chart of the week: Rising rates reduce appeal of stocks
Bond yields have shot up worldwide. The US 10-year yield stands at 2.90 percent compared to 1.50 percent at the beginning of the year. This has led not only to one of the biggest falls in bond prices ever, but also to a less attractive valuation of equities.
PGIM Investments: A Tectonic Shift In The Global Economy
Fixed income investors need to closely watch the Ukraine crisis and its global implications. Explore PGIM Fixed Income’s deep dive into where it sees value and the potential pitfalls that lie ahead.
Top 5 emerging markets debt, local currencies: Man GLG
The asset class is caught in a general bear market for bonds. The GBI-EM Global Diversified Index, the leading benchmark for emerging market bonds, continued its downward trend and closed the first quarter of 2022 with a loss of 4.4 percent measured in euros. In this difficult market, it is Man GLG that has been the best performer this year.
Macro, multi-strategy hedge funds best performers in Q1
Hedge funds with a macro or multi-strategy focus were among the best performing funds in the first quarter, shielding investors from geopolitical turmoil, high inflation numbers and shifting monetary policies, according to Preqin, a privately-held London-based investment data company that provides financial data and information on the alternative assets market.
The firm said that, in a historical context, first quarter performance was “certainly disappointing but hedge funds managed to guard investors against major pullbacks.”
Gave sees silver lining around dark clouds over Ukraine
In the first quarter, investors sold off their Chinese shares en masse. Foreign investors who had burned their money in Russia were afraid that a similar scenario would unfold in China, potentially leaving them with stranded assets. But there is a silver lining here, Louis-Vincent Gave, co-founder and director of research company GaveKal, told Investment Officer. “A Taiwan invasion is less likely now than it was a few months ago.”
AXA IM : Riding out market volatility: Lump sum versus regular investing
The past few years have been a rollercoaster for investors, with financial market volatility at its highest level since the 2008 global financial crisis.
Green inflation
For the moment, inflation is largely caused by a sharp increase in energy prices. Two years ago, the oil price was negative for a while, but since then it has been rising rapidly. Sustainability policy measures have contributed to this, because investment in new oil extraction has been under pressure in recent years not only because of the low oil price.
Morgan Stanley IM: Diversity - Asking Difficult Questions
Across the globe, stakeholders – including the International Equity Team – are pushing companies for greater transparency and accountability on Diversity, Equity & Inclusion. The team discusses.
Capital Group | Running dry: How water risk can threaten a company’s bottom line
Climate change is forcing investors to evaluate two new types of risk: transition risk and physical risk. Water stress being one of the most pronounced physical risks from climate change that investors must consider.