News

News COVID-19 impacts global VC funding with high-value deals remaining mostly non-existent, says GlobalData

Global venture capital (VC) investment activity showcased a declining trend (for deals with disclosed funding value) during the COVID-19 hit first quarter (Q1) of 2020 with high-value deals remaining mostly non-existent and low-value deals equal to or less than US$10m (...)

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News Total Confirms the Sale of UK Assets to NEO Energy

Total confirmed its commitment to completing the sale of its UK North Sea non-core assets, first announced in July 2019. Reflecting recent significant market volatility, Total and Norway-based private equity investor HitecVision have successfully renegotiated the financial (...)

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News US Robo-advisors Industry to Hit a $1trn value This Year

Recent years have witnessed a surge in the use of robo-advisors as an appealing alternative to conventional investing. These online platforms gained massive popularity among investors, mostly because of their lower saving entry points and cheaper (...)

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News Total is exploring quantum algorithms to improve CO2 capture

Total is stepping up its research into Carbon Capture, Utilization and Storage (CCUS) technologies by signing a multi-year partnership with UK start-up Cambridge Quantum Computing (CQC).

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News Societe Generale finalises the acquisition of EMC activities

Societe Generale announces the finalisation of the acquisition of the Commerzbank’s Equity Markets and Commodities’ (EMC) business with the integration of the exchange-traded investment solutions.

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News ESMA highlights challenges for rating Collateralised Loan Obligations

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published a Thematic Report on Collateralised Loan Obligations (CLOs) credit ratings in the European Union (EU).

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News Emerging market green bond issuance hits $52 billion in 2019 and can help weather shocks, Amundi and the IFC reveal in new report

Need for green investments is crucial: current pandemic shows responsible investors in emerging markets can collaborate with issuers through green bonds to unlock long-term capital and help issuers become more resilient for shocks to (...)

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News Spanish banks: cost of risk manageable in 2020 but watch the shape of any recovery

Spanish banks’ reassuring Q1 results showed that they should be able to withstand rising cost of risk in 2020, thanks to strong pre-provision profits. But uncertainties abound, and the risk of a longer-than-anticipated economic contraction (...)

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News German Constitutional court, Constructive on risk in troubled markets, the slow Asian rebound

On Tuesday the German constitutional court decided that the Bundesbank would stop participating in the ECB Quantitative Easing program known as PSPP in three months unless corrective measures were taken. These include oversight by the German parliament and government and (...)

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News Higher defaults and lower collateral values will impair Irish re-performing RMBS

Deteriorating collateral values and higher defaults will impair the performance of Irish re-performing RMBS, even if cash reserves are adequate to cover temporary collection delays and liquidity shortfalls related to Covid-19 payment (...)

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News ETFGI reports that ETFs and ETPs listed in Europe reported net outflows of US$22.83 billion at the end of March 2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in Europe reported net outflows of US$22.83 billion at the end of March, the largest monthly outflow for Europe, bringing (...)

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News Spain’s reliance on tourism will hurt its recovery, says GlobalData

Spain’s tourism sector makes up approximately 12% of its GDP and 13% of its employment, and a steep decline in this market will heavily impact the country’s payments sector, says GlobalData, a leading data and analytics (...)

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News Mixed outlook for L/S Equity Neutral and Short-Selling

Lyxor’s L/S Equity Neutral peer group was down -2.8% year-to-date, hurt by extreme trading conditions and the constituents’ average market beta of 20%. The environment has been challenging for the strategy amid extreme stock volatility and unsettling heavy systematic trading (...)

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News Strategic Investors Seek Long-Term Wealth Preservation Through European Real Estate-Linked Investment Migration Programs

Unprecedented and highly volatile global conditions triggered by the COVID-19 pandemic are driving high-net-worth individuals to reassess the concept of secure investment value and how best to safeguard their families and their wealth against future (...)

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News Covid-19: an acid test for European banks’ diversification and de-risking strategies

Scope’s outlook on European banks continues to be biased to the downside in view of the magnitude of the Covid-19 crisis. The key question is whether banks have de-risked enough to withstand the current cycle.

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News BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform

GIP is the world’s largest independent infrastructure manager with over $100 billion in AUM and a strong reputation for driving operational improvements in its portfolio companies & proprietary origination

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News Julius Baer to acquire Merrill Lynch’s International Wealth Management business outside the United States from Bank of America

BofAML will provide certain products and services to Julius Baer, including the provision of global equity research, product offerings, as well as structured and advisory products. In addition there will be cross-referral of clients between both (...)

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News Agence France Trésor announced the successful launch of the first French sovereign green bond

Today, Agence France Trésor announced the successful launch of the first French sovereign green bond with a maturity of 22 years. The Green OAT 1.75% 25 June 2039 issuance amount was €7bn, making it the largest and longest-dated green bond ever (...)

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News The market for catastrophe bonds (« Cat bonds ») remains dynamic!

Over the 12 months, the market for Cat bonds - bonds issued by securitization structure to refinance insurance risks related to natural disaster - remains dynamic, both in terms of volume and performance...

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News Rouble, Rates Moves Heighten Russian Economy Risks

Risks to Russia’s economy in 2015 have been increased by this week’s extreme volatility in the rouble and the sharp rise in interest rates, Fitch Ratings says.

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News CTAs are on the mend

After a dismal performance and significant outflows in 2018, trend following strategies are on the mend. A month ago, we signaled the strategy was experiencing green shoots of recovery ; so far this month, it has been the best performing (...)

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News Societe Generale further reduces its involvement in coal

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News DWS Supports Drive Towards Climate Resilient Infrastructure Investments

DWS Group, along with more than 30 other institutions, supports the Coalition for Climate Resilient Investment (CCRI). The goal of the CCRI is to transform infrastructure investments by integrating climate risks into the decision-making process, driving a paradigm shift (...)

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News Global macro strategies play safe with U.S. Inflation hedges

In the space of alternatives, Global Macro strategies have embraced reflation trades in the past quarter, scaling up positions on EM FX, equities, commodities and inflation linked bonds at varying degrees.

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News SUEZ successfully launches a 500 million euros green bond issuance

With a 5.5 times oversubscription and an order book totalling 2.7 billion euros, this issuance has been a huge success. More than 200 investors have once again shown their confidence in SUEZ: the very strong demand allowed to tighten the credit margin by 40 bps compared with (...)

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News Gold as collateral for a participation in the Greek support plan

Will Finland jeopardize the Greek plan? The country requires collateral in exchange for its participation in the support plan. The German labour minister, Ursula Von Der Leyen, has agreed to those terms…

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News Vauban Infrastructure Partners acquires four district heating networks in Spain - a green projet connecting more than 25,000 dwellings by 2028

Vauban Infrastructure Partners announces the closing of the transaction related to the acquisition of 100% stake in 4 district heating networks in Spain, an eminently “green project” connecting more than 25,000 dwellings to these networks by (...)

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News Schroders Greencoat builds on renewable energy demand with launch of semi-liquid energy transition fund

Schroders Greencoat, the specialist renewables and energy transition infrastructure manager of Schroders Capital, today announces the launch of the Schroders Capital Semi-Liquid Energy Transition Fund, the latest addition to its innovative fund range which also addresses (...)

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News Nomura to Acquire Shares of 8 Securities and 8 Limited

Nomura Asset Management Co., Ltd. (“NAM”), a wholly owned subsidiary of Nomura Holdings, Inc., announced that it has entered into a definitive agreement with FinTech company 8 Securities Inc. (“8 Securities”) and its Hong Kong headquartered parent company 8 Limited (“8 Limited”) (...)

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News Goldman Sachs hit by trading losses

Goldman’s traders lost up to €100 million in a single session, according to Bank’s regulatory filing to the U.S. market authority

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