The European Central Bank (ECB) has just upped the ante on prudential provisioning. Earlier this year it introduced guidelines to exhort banks to reduce stocks of nonperforming exposures (NPEs), and now its new draft proposal aims to ensure that NPEs are sufficiently provisioned. While we don’t foresee material consequences for… Read More »
The investment community should become more engaged with the UN Sustainable Development Goals (SDGs) according to a new report, SDG Investment Case, from The Principles for Responsible Investment (PRI) and PwC on why the investment community should adopt an active role in achieving real world impact through implementation of the… Read More »
The global cyclical recovery continues apace while inflation has stabilised at abnormally lower levels (with the notable exception of the UK). With the economy accelerating in industrialised countries G7 central banks, apart from the Bank of Japan, are already cautiously tightening monetary policy slightly or about to do so. THE… Read More »
While the slow normalization of central bank policy continues to be an overarching theme, the introduction of new methods to achieve this—balance-sheet reduction by the Fed, for example, and a tapering of asset purchases by the ECB—could reintroduce volatility into what are now placid markets. We are negatively biased toward… Read More »
Reyl Bank -
Emerging market (EM) equities have returned the strongest year-to-date performances among global equity markets in 2017, surging by 31%. In comparison, developed market (DM) equities have returned +16% over the same period. Analysts agree on the fact that this incredible rally is attributable to Chinese growth stabilising, coupled with a… Read More »
Interview with Philippe Setbon, Chief Executive Officer, Groupama Asset Management Over a few days at the end of Q3, Philippe Setbon sat down to reflect on 2017 so far and revealed ambitious plans for the future development of Groupama Asset Management The market environment has proven favourable to investment globally… Read More »
Bonhôte Fund Solutions and Bordier FinLab SA, in association with a pool of institutional investors, are supporting DoubleLine Capital in developing its range of Luxembourg-registered UCITS funds. DoubleLine, co-founded by bond specialist Jeffrey Gundlach, is an investment manager known for its strong global fixed-income returns. Its assets under management currently… Read More »
La Française Real Estate Partners International, representing a club of Korean and French investors, has acquired the 60% interest of Belfius in the joint venture with AG Real Estate owning the Belgian headquarters of ENGIE. AG Real Estate will continue to manage the asset on behalf of the joint owners.… Read More »
On Sunday 1 October, Catalonia held a controversial referendum for independence. The vote was deemed unconstitutional by the Spanish Constitutional Court and the central government tried to prevent it from taking place by ordering police and security force reinforcements to seize ballots and close polling locations. Nevertheless, more than two… Read More »
Although many aspects of cybersecurity are rooted in technology, a change in understanding is emerging that cyber risk’s historically technological perspective benefits from the business approaches that are native to the finance department. Finance Directors’ specific experience adds great value to an organisation’s cybersecurity strategy. They approach cybersecurity from a… Read More »
Podcast