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October 2015

Opinion Outlook Brazil

Brazil is in recession territory. The country’s fiscal consolidation plan had a major set-back in July as the finance minister Joaquim Levy announced a significant downward revision of the government’s primary fiscal surplus targets. In august, S&P placed Brazil’s foreign (...)

October 2015

News CalPERS to Set Talks With Thermal Coal Companies

The California Public Employees’ Retirement System (CalPERS) announced that it will begin to engage thermal coal companies in its investment portfolio on climate change risks as a first step required by Senate Bill 185, authored by Senator Kevin de Leon, and signed by (...)

October 2015

News European ETF market flows recorded relatively low net flow levels in September 2015

Net New Assets (NNA) during this month amounted to EUR 1.9 billion, close to June 2015’s level of EUR 1.5 billion. Total Assets under Management are up 14% vs. the end of 2014, reaching EUR 414 billion including a 2.15% market (...)

October 2015

People Moves Lombard Odier IM expands its Alternative capability with a Global Macro team

Lombard Odier Investment Managers (Lombard Odier IM), the asset management arm of the Lombard Odier Group has added to its alternative investment capabilities by hiring a dedicated Global Macro team. The team forms part of Lombard Odier IM’s Absolute Return investment (...)

October 2015

Regulation ESMA adds Index CDS to central clearing obligation

The European Securities and Markets Authority (ESMA) has today finalised and issued a draft regulatory technical standard (RTS) for the central clearing of Credit Default Swaps (CDS), ESMA is required to develop RTS which implement the European Market Infrastructure (...)

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