‘Blue Wave yield spike has run its course’
In the aftermath of the surprise Democrat win in the Georgia Senate run-offs earlier this month, 10-year Treasury yield surged above the 1%-mark. It seemed investors were anticipating a large fiscal stimulus by the incoming Biden administration. But Nick Maroutsos, head of global bonds at Janus Henderson Investors, does not believe rates will go up much further from here.
Fund directors rush to update ESG stance
Despite the looming EU deadline on ESG reporting, around a third of boards of UCITS funds and nearly half for alternative funds report had not reviewed the implications of the sustainable finance disclosure regulation (SFDR).
Thematic ETF assets triple in 2020
Thematic ETFs saw record inflows of €9.5 billion last year, as totale assets in the category almost tripled to €22.7 billion, according to Morningstar’s European Thematic Roundup 2020.
PGIM Investments: 3 paradigm shifts creating the NEXT economy
The gap is widening between struggling ‘old economy’ companies and innovative new technology leaders. Understand the seismic developments that are changing the way we live, work, and operate as a society.
PGIM Investments: Innovation Leads the Way
Watch PGIM’s Thomas Davis discuss megatrends in the home and workplace that have picked up speed, and explains how the investment team has managed this year’s historic volatility.
Schroders: Has Covid-19 changed the conversation around sustainable investing?
The pandemic brought companies’ treatment of their stakeholders into sharp focus.
'Low rates power EM project finance'
The low-yield environment in the developed world has also lowered Western investors’ return expectations from emerging market debt. As a consequence, projects requiring joint financing by the government and private investors now meet the latter’s return requirements, says Invesco’s Wim Vandenhoeck.
UBS AM: non-US stocks will benefit from expected cyclical upturn
In 2020, economic damage was driven by the need to flatten the infection curve. The evolving expansion in 2021 is tied to the steepening curve of vaccinations.
Stricter governance rules for Lux banks, investment firms
Substantial governance-reform targets have been set for banks and investment firms by the CSSF. Some quick changes are required, but otherwise the regulator’s circular letter 20/759 seeks to drive long-term culture change on boards of directors regarding risk, diversity, and sustainability.
Schroders: Outlook 2021: Asian equities
Will the recent market rotation in Asia continue in 2021?