Banks are afraid that this system will jeopardise those that are already under development.
FTSE Russell claims to have launched the first ever Climate Risk-Adjusted World Government Bond index, which will allow sovereign debt investors to incorporate climate change risk considerations into their portfolio.
The likeliness of a recession is low in the near future, if the US Federal Reserve’s rate cut expected rolls out, said Vincent Juvyns, strategist, JP Morgan Asset Management.
Asset manager Amundi and alternative data provider and consultant Preqin have released their second report focusing on alternatives in Europe.
Interest among European individual investors in socially responsible investment (SRI) is growing – with 64 per cent of the surveyed investors willing to invest responsibly – but the actual investments still remain abysmal (5-7 per cent), according to the latest research by BNP Paribas Asset Management (BNPP AM).
The German banking giant has announced a three-year plan aimed at reducing adjusted costs to €17bn in 2022 and targeting a cost income ratio of 70% in that same year.
The Indian Finance Minister Nirmala Sitharaman’s union budget announcement on July 5 raised minimum public shareholding in the listed companies to 35% from 25%.
The US asset manager Insight Investment walks away from its European CLO plan launched in 2018.
It was business as usual for the Swiss stock exchange, with trade volumes slightly increasing over the first few days of July. However, the market recorded a significant increase in the turnover in the first week of July, touching $3.16 bn at the close of 2 July, when compared to $26m at the close of the last week of June, according to Refinitiv data.