Alternatives – Page 11
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White papersMerger Arbitrage Investing: When Deals Fall Through
Why we believe a recent failed acquisition is a reminder to think twice about systematic approaches to merger arbitrage.
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White papersPlastic wrap: innovations, private-equity dealflow for circularity
Welcome to the launch issue of Plastic wrap, our bimonthly review of the science, policy and corporate activity pivotal in creating a circular plastics value chain.
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White papersGreen growth, degrowth or a-growth: What’s behind the new models proposed for sustainable economies?
The universe may be expanding but the earth and its resources are finite. This thought taps at the shoulders of investors seeking to run responsible portfolios. We want growth that drives economies and allows companies to flourish, but we are increasingly aware that for growth to be sustainable it must be consistent with planetary boundaries.
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White papersThe Crucial Role of Resources in the Great Energy Transition Debate
It is becoming increasingly clear that to improve the chances of achieving Net Zero by 2050, natural resources companies are a key part of the solution—not the problem.
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White papersAlternative Investment Themes for 2023: Opportunities For The Nimble
We think the next 12 months are likely to see this cycle’s peaks in inflation, policy tightening, bond yields and market volatility; and troughs in GDP growth, earnings growth and market valuations. But don’t see the pendulum swinging back to the post-2008 “new normal”.
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White papersFinding the value in tail hedges
In financial markets, events that occur far outside of expectations are often characterised as tail events. They typically increase the level of volatility in the market, and they can happen both on the upside and the downside.
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White papersCurrency hedging policy for institutions
“Investors should focus on currencies as a potential source of return and risk diversification for a portfolio.”
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White papersBiodiversity : It’s Time to Protect Our Only Home - N°3 Addressing Biodiversity in Mining & Metals, Utilities, Paper & Forest Products
We classify utilities, mining & metals, and paper & forest products as sectors with primarily direct impacts on biodiversity as the majority of their operations happen on owned or directly managed assets.
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White papersGlobal Investment Views - February 2023
Markets are shifting focus away from inflation towards growth, with a slightly less disruptive economic picture for Europe and a more optimistic view on China.
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White papersCarbon credit use is reshaping timberland investments
Carbon markets are entering a period of accelerated evolution that now requires the incorporation of carbon values.
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White papersNew food systems: precision fermentation and cultivated meat
Feeding a growing population in a sustainable manner requires an overhaul of existing food systems. Substituting meat for meat alternatives could help reduce global agricultural land use and associated emissions.
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White papersSustainability – What to look for in 2023?
Environmental, social and geopolitical crises made 2022 an eventful year, with much of the focus on energy (security) and extreme weather events. We also saw advances on climate-related spending, biodiversity and sustainable finance regulation. While the wider sustainability field will continue to hold investor attention in 2023, Alex Bernhardt takes a closer look at three areas.
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White papersBeyond ESG: Government incentives delivering green transition
Governments are deploying a ‘carrot and stick’ approach to manufacturers around the world in an effort to reduce carbon dioxide emissions. This has resulted in renewable electricity becoming more profitable than energy from fossil fuels.
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White papersCOP27: Shifting the Global Climate-Change Debate
COP27, the latest United Nations Conference of the Parties, concluded recently with mixed results on some of the key agenda items. In our view, though, the event will be remembered more for the way it shifted the global climate-change debate.
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White papersAllocation Views: Storm clouds on the horizon
In this Allocation Views, our Franklin Templeton Investment Solutions team believe growth momentum is decelerating, and the risks are skewed to the downside, accentuated by the impact of policy tightening and a squeeze on real incomes.
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White papersCryptonite
The FTX collapse is a blow to the idea of finance industry disruption and a potential source of volatility, but we think systemic contagion into broader financial markets is unlikely.
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White papersESG Viewpoint: The challenges of assessing physical climate risk
Much of the investor focus on climate risk to date has been on managing ‘transition risk’, defined as the financial risk associated with changes in areas such as regulation, sentiment, or technology on the route to decarbonisation.
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White papersCOP27 – what happened?
Prior to the COP27 climate negotiations in Egypt, we set out our expectations on what the meeting might achieve. As we anticipated, there was intense focus in Sharm El-Sheikh on the impact of the changing climate, after another year of weather extremes. As also expected, the backdrop of rising costs and energy security provided the political headwinds to spur some progress.
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White papersDriving toward new frontiers; Nuveen’s stewardship report
Welcome to the Nuveen 2021-22 Stewardship Report. For more than 120 years, along with our parent company TIAA, we have helped millions of investors achieve long-term financial health.
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White papersIncorporating ESG Risk In Fundamental Market Risk Models
This paper investigates the possible impact of ESG Risk when incorporated into front office driven Fundamental Market Risk Measurement approaches. The main principle is, that ESG risk is implicitly embedded in observable market risk factors, like share prices and credit spreads, and interprets the ESG risk of an equity portfolio as an additional jump component to an ordinary GBM process.
