AXA IM: Climate change: Nine reasons why COP26 needs to work
Climate change is the greatest threat facing the world today and the urgency for action has increased dramatically.
Chinese climate plan: "Clear and realistic"
Chinese President Xi Jinping, leader of the world’s largest CO2 emitter, is conspicuous by his absence at the COP26 climate summit in Glasgow. Critics consider the ‘unclear’ Chinese climate policy the nail in the coffin of the Paris Agreement.
WTW: climate transition is more than CO2 reduction
A number of investors choose to sell investments in fossil fuel producers. This reduces the CO2 emissions of the investment portfolio but only partially protects the investors against the risks of the climate transition.
Calls for greater taxonomy sophistication
Does the green investing taxonomy leave the financial service industry open to charges of greenwashing? The “Taxonomy in Practice” panel at last week’s Luxembourg for Finance (LFF) “Sustainable Finance Forum” discussed the challenges and pointed to solutions.
Eat or be eaten continues in asset management
The consolidation battle in the asset management world continues unabated. American firm T. Rowe Price has bought credit manager Oak Hill Advisors for USD 4.2 billion in cash and shares. In addition, private equity parties GTCR LLC and Reverence Capital Partners have acquired Wells Fargo Asset Management.
Geeks get it right: is Pelosi the “Queen of Stocks”?
Gamestop and Dogecoin are passé. The world of internet memes – “fast-spreading internet jokes” - has a new hobbyhorse: Nancy Pelosi. The buying and selling of shares by the “Queen of Stocks”, as the Speaker of the US House of Representatives is called on financial meme pages and TikTok accounts, is being closely watched by retail investors.
EM investing: no confidence in China
Investors in emerging markets should completely ignore the 60 per cent worst performing companies when defining their investment universe. These companies bring extra risk, without rewarding you for it. In addition, investing in China is very different at the moment: great opportunities are better left aside in some cases.
AXA IM: Outperforming Euro area inflation
AXA IM has launched the AXA WF Euro Inflation Plus fund that aims to outperform the Euro area inflation using flexible allocation between nominal and inflation linked bonds, and active breakeven management.
Towards global ESG reporting
SFDR and the green investing taxonomy have been broadly well received across Europe, but what if other economic powers adopt contradictory rules? Some signs of action are emerging from global discussions.
A 31% ytd return? Just a matter of "common sense"
How do you achieve a year-to-date return of more than 31 per cent? “Well, common sense. That is our only strategy. We have no more information than the market. We don’t use a complex box with all kinds of variables”, said Theo Vermaelen, one of the four managers of the Buyback USA Fund.