As Millennials approach middle age, they’re facing the same challenges as the generations that came before them, but they’re approaching them differently. As they look to their future, they’re finding their own footing amid new responsibilities and opportunities, and are ultimately discovering their own truths about money and investing. SamplingContinue…
Water risk factors are already stranding assets throughout the coal, electric utilities, metals & mining, and oil & gas sectors. Water security is no longer a small, plant-level operational issue for companies, but has become a strategic question for senior management. The research – High & Dry : How waterContinue…
A multitude of studies have sought to prove that environmental, social and governance (ESG) factors have a significant impact upon stock price returns, but few have focused on valuation. Results have been particularly mixed for some of the strongest-performing regions, notably the US. Previous studies have shown less convincing correlationsContinue…
At COP26, Jonas Gahr Støre, Norway’s prime minister, committed the country’s $1.4tn sovereign fund, the world’s largest, to becoming the leading fund in the management of climate risk and responsible investment. In its recently published white paper on the fund, Norway’s ministry of finance endorses the first part of this commitment, on managing climateContinue…
As corporate-bond investors embrace decarbonization as a goal in portfolio construction and management and benchmark selection, the question arises whether decarbonization targets are at odds with other desirable index attributes, such as liquidity. That is, if their selected index excluded less liquid bonds, would that have hurt the index’s emissionContinue…
The European Banking Authority (EBA) published a Discussion Paper on the role of environmental risks in the prudential framework for credit institutions and investment firms. The Paper explores whether and how environmental risks are to be incorporated into the Pillar 1 prudential framework. It launches the discussion on the potentialContinue…
The European Supervisory Authorities (EBA, EIOPA and ESMA) published a Consultation Paper seeking input from the financial actors on draft Regulatory Technical Standards (RTS). The draft RTS is specifying the content, methodologies and presentation of information in respect of sustainability indicators in relation to adverse impacts on the climate and otherContinue…
The Monaco Ocean Week, organized by the Prince Albert II of Monaco Foundation, the Oceanographic institute – Prince Albert I of Monaco Foundation, the Monaco Scientific Insitute and the Monaco Yacht Club with the support of the Prince’s Government, was the opportunity to interview the financial expert in the blue economy,Continue…
State Street Corporation and the International Forum of Sovereign Wealth Funds (IFSWF), a global network of sovereign wealth funds from 40 countries, released a new report revealing a major shift by large institutional investors towards assets and markets considered to be less risky. Post-pandemic shift from institutional investor and sovereign wealth fundContinue…
The Intergovernmental Panel on Climate Change (IPCC) recently released the third and final part of its sixth assessment report, Climate Change 2022: Mitigation of Climate Change. The report’s findings have significant implications for financial stakeholders, both in terms of the real risk of stranded assets (which stop providing financial returns beforeContinue…
Association des
Investisseurs Responsables
à Monaco
enregistrée sous le numéro AD 01643
