Latest White Papers – Page 221
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White papersESG Thema #5 - Carbon offsetting: How can it contribute to the net zero goal?
The sharp increase in net zero commitments from governments, corporates and financial institutions comes with a renewed interest in carbon offsetting mechanisms. As a clear signal of this momentum, the voluntary carbon credits market is on track to double year-on-year in 2021.
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White papersESG Thema - Special COP26 - From Paris to Glasgow - Are we moving fast enough?
The Conference of the Parties (COP) was established with the adoption of the United Nations Framework Convention on Climate Change (UNFCCC) at the Earth Summit in Rio de Janeiro in 1992.
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White papersEmerging market debt outlook for 2022
Inflation remains elevated in emerging markets (EM) with ongoing but manageable risks. A significant proportion of the shock to EM inflation can be attributed to volatile food and energy prices. Normalisation of supply chains and base effects should help.
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White papersESG Improvers in Credit Investing
The objective of this article is to explore the impact of ESG Improvers on the corporate bond market. We study passive and active strategies respectively on a broad portfolio and a concentrated portfolio. In particular, we examine how the ESG Improvers strategy behaves if we constrain the optimised portfolio to match the benchmark risk metrics. Some constraints are then relaxed to build a concentrated portfolio.
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White papersCombining active and passive investing in Multi Asset: an institutional investor framework
Numerous factors have been driving the development of passively managed vehicles and their increasing weight in institutional investors’ portfolios. In particular, a recent PwC study showed that the weight of passive investments in global pension funds’ portfolios grew from 19% in 2017 to 25% in 20201.
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White papersFrom Mission Accomplished to Mission Impossible
Central banks will be rewarded for their crucial crisis response with more missions that threaten their effectiveness and independence.
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White papersYour Questions Answered: Sustainable Global Equity
Why Sustainable Global Equity and why now? What makes the fund unique? Is there a ‘green’ bubble? These are some of the questions our clients and prospective investors are asking about the some of Sustainable Global Equity fund.
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White papersA new dawn for Europe? Strategies for investing in European assets
The resurgence of Covid-19 cases in some countries is an area for attention, but should not lead to new generalised lockdowns due to vaccinations which are progressing at a strong pace.
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White papersFinanciers should look beyond profit/loss to help save the planet
Political leaders weren’t the only ones at the COP26 climate summit in Glasgow this month. The international business of Federated Hermes hosted the 2-day Further, Faster conference to discuss how the world community should tackle the climate crisis and steer organization to a more sustainable future.
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White papersThe challenge for asset managers in the climate crisis
For all the wrangling over targets and commitments at COP26 in Glasgow, one thing is clear: The transition to a net zero economy will require vast investment over the next few decades – and the asset management industry will be responsible for much of it.
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White papersGreen Sentiment, Stock Returns, and Corporate Behavior
In this paper, we propose a new method to estimate nonfundamental demand shocks for green financial assets based on the arbitrage activity of exchange-traded funds (ETFs). By estimating the monthly abnormal flows into environment-friendly ETFs, we construct a Green Sentiment Index that captures shifts in investors’ appetite for environmental responsibility that are not yet priced in the value of the underlying assets.
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White papersPlaying catch up – the challenge for Japan
Japan has been a notable laggard in two critical areas – climate change and gender equality. How are we engaging with Japanese companies and policymakers to accelerate the energy transition and support women in the workplace?
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White papersFed tapering begins: mission accomplished
The Federal Open Market Committee (FOMC) appears to have struck a neutral balance in its November 3 meeting statement and Chair Jerome Powell’s post-meeting press conference. The Fed was careful to differentiate the formal start to monthly tapering of the asset purchase programme with future adjustments to the Federal Funds Rate. The Fed maintained the transitory inflation language, but specifically pointed to inflation “factors that are expected to be transitory” rather than inflation as a whole.
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White papersEM Debt: Why Passive Strategies Often Miss the Mark
When it comes to emerging markets, index tracking can result in both increased risks and missed opportunities.
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White papersInvestors reveal their top ESG roadblocks
As demand for ESG (environmental, social and governance) investing grows, the lack of consistent and robust data remains among the biggest challenges for institutional and wholesale investors globally.
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White papersIs China’s regulatory reform stifling ‘animal spirits’?
Some investors worry that regulatory tightening in China could strangle growth in its private sector, which is now dominated by technology companies and e-commerce platforms.
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White papersClimate Financial Risk Forum
On Thursday 21st October, the outputs of Session 2 of the UK Climate Financial Risk Forum (CFRF) were launched. In this article, Kate Fowler, Senior Responsibility Analyst, sets out the role of the CFRF and why it is so important to developing industry best practice.
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White papersUnravelling the conflicts in ‘Double Materiality’
Where do you draw the ‘moral’ line and how do you have a genuinely positive impact?
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White papersGolden Years: Investing well and ageing well
As the Generali Investments SICAV (GIS) SRI Ageing Population subfund celebrates its six-year anniversary this October, Giulia Culot and Olivier Cassé, co-fund managers, dive into one of its key investment themes – ageing well, both financially and physically.
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White papersBiofuels Thrive on Net Zero Carbon Ambitions
The stated global ambitions by nations to reduce their use of fossil fuels is seeing a rise in the demand for more sustainable energy sources and biofuels appears to be at the forefront of the change.
