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News Market Cap of Three Largest Tech Companies Listed on London Stock Exchange Dropped by $14.9bn in Six Months

According to data gathered by BuyShares.co.uk, the market cap of the three largest tech companies trading on the London Stock Exchange amounted to $120.4bn last week, a $14.9bn plunge since the beginning of the (...)

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News The Investment Implications of Climate Risk – An Investment Manager’s View

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News CNP Assurances publishes its first report on the use of funds raised by the green issue of November 2019

In June 2019, CNP Assurances was the first European issuer in the insurance sector to publish a framework document for the issuance of green bonds.

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News CNP Assurances adopts a definitive plan to exit thermal coal by 2030 in European Union and OECD countries, and by 2040 in the rest of the world

A year to the day following the Paris financial marketplace declaration for green and sustainable finance, CNP Assurances has adopted a definitive thermal coal exit plan : through this, it is committed to achieving zero exposure to thermal coal in its investment portfolio by (...)

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News Successful €750m Tier 2 notes issue

CNP Assurances has successfully placed €750 million worth of notes due 30 June 2051 and paying interest at 2.5% until 30 June 2031. The notes qualify as Tier 2 capital under Solvency II.

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News Nomura Leads First Green Bond Offering by NTT Finance

Nomura Securities Co., Ltd, a wholly owned subsidiary of Nomura Holdings, Inc., today announced that it has priced a three-year Green Bond issue valued at 40 billion yen for NTT Finance Corporation. Nomura acted as bookrunner and green bond structuring agent for the (...)

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News Generali’s Europe dominated business battling high claims, says GlobalData

Generali Group has extremely high exposure to Europe, and especially in its native Italy, which has been heavily impacted by COVID-19 and this leaves it facing high payouts (insurance claims), says GlobalData, a leading data and analytics (...)

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News The energy group Snam issues its first transition bond

This Italian gas transport group has just issued in June 2020 a transition bond, a bond intended to support the transformation of carbon-intensive industries.

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News CNP Assurances sets up a governance arrangement of Artificial Intelligence ethics

As a responsible insurance provider, CNP Assurances announces it has appointed an Artificial Intelligence (AI) Ethics manager and set up a pluri-disciplinary and open committee, in charge of placing human values and ethics at the centre of any AI (...)

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News What are activists buying after the storm?

The Special Situations strategy went through a roller coaster since February. Typically, due to their long structural market beta, managers tend to underperform in risk-off episodes. However, as they also tend to look beyond short-term volatility, they usually rebound (...)

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News Payment industry in Asia remains attractive for venture capital investors amid COVID-19, finds GlobalData

Consumers across the globe are embracing digital payments more than ever during the COVID-19 pandemic. Against this backdrop, payment industry in the Asia-Pacific (APAC) region remains attractive for venture financing (VF), according to GlobalData, a leading data and (...)

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News Fintech Lending Industry to Hit $291bn Value in 2020

Recent years have witnessed a surge in the number of fintech loans as an appealing alternative to traditional banking services. Although the coronavirus outbreak has affected the fintech lending industry, the unified market is still expected to maintain steady (...)

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News Five Wealthiest Colleges in the US Hit $154.5bn in Endowment Market Value

Colleges and universities in the United States rank among the world’s most prestigious higher education institutions. Many of them are recognized for their strong research programs and host many Nobel Prize-winning (...)

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News A look inside the Fed’s $1.307 billion ETF allocation – 7 iShares ETFs account for 48% of the assets

The Federal Reserve announced on March 23rd that it would purchase corporate bonds for the first time in its 107-year history. The Federal Reserve Bank of New York announced that the Secondary Market Corporate Credit Facility (SMCCF) will begin purchases of exchange traded (...)

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News CNP Assurances publishes its 2019 report on responsible investment and announces its withdrawal from tobacco

With an investment portfolio of more than €300 bn, CNP Assurances continues to strengthen its responsible investor approach to take into account the impact of its investments on society and the environment. In its report on responsible investment, the Group details its (...)

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News CalPERS Shortens Period to Review Tobacco Divestments

The California Public Employees’ Retirement System’s (CalPERS) Board of Administration (Board) today reaffirmed its decision to review the System’s tobacco divestments, and shortened the time period for review to six to nine (...)

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News Unigestion expands its fund distribution network by joining the MFEX platform

Unigestion, the boutique asset manager that focuses on providing its clients with risk-managed investment solutions, today announces that it has significantly expanded its fund distribution network by joining the MFEX (...)

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News AfDB issues 1% US $1 Billion Global Benchmark due 2 November 2018

On Wednesday, October 19, 2016, the African Development Bank, rated Aaa (Moody’s) / AAA (S&P) / AAA (Fitch), launched and priced a new US $1-billion 2-year Global benchmark transaction due 2 November 2018.

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News International inflows power record year for CPR AM

CPR AM delivered strong results with €2.8 billion of inflows in 2018. International assets under management (excluding France) grew 220% over three years, taking total AUM (ex-France) to €6.4 billion euros. Inflows driven by investor demand for thematic equities (€2.3 (...)

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News Norway’s sovereign wealth fund returned -0.9 percent, or -73 billion kroner, in the second quarter of 2015.

Equity investments returned -0.2 percent, and fixed-income investments -2.2 percent. The return on these investments was 0.4 percentage point higher than the return on the benchmark indices. Investments in real estate returned 2.0 (...)

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News Fitch Affirms The Netherlands at ’AAA’; Outlook Negative

Fitch Ratings has affirmed The Netherlands’ Long-term foreign and local currency Issuer Default Rating (IDRs) at ’AAA’. The Outlooks are Negative. The issue ratings on The Netherlands’ unsecured foreign and local currency bonds have also been affirmed at (...)

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News EDHEC-Risk Institute and Lyxor launch a research chair and explore the next generation of risk parity adapted to time-varying market conditions

EDHEC-Risk Institute and Lyxor are launching a three-year research chair entitled “Risk Allocation Solutions”...

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News Robeco announces its growth strategy for Japan

Robeco Groep N.V. today announced the company’s strategy to set up full-scale operations and expand its asset management business in Japan.

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News CalPERS Cuts Costs and Saves Pension Fund $922.5 Million Over a Five-Year Span

The California Public Employees’ Retirement System (CalPERS) Board of Administration (Board) released the Annual Cost Efficiency and Effectiveness Report (PDF), detailing several initiatives that resulted in cost savings for the Pension Fund of $922.5 million over the past (...)

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News RBS fails BoE stress test, adopts new capital plan

Royal Bank of Scotland Group Plc emerged as the weakest among seven U.K. lenders examined in the Bank of England’s 2016 stress test, missing two key capital target levels under the adverse stress scenario.

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News New financing under the Investment Plan for Europe: Ginkgo 2

Building on its first vehicle, instigated by the Edmond de Rothschild Group in 2010, Ginkgo announces the first closing and launch of its second fund, Ginkgo 2, which targets the sustainable remediation of brownfield sites in urban (...)

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News ING completes sale of stake in SulAmérica to Swiss Re

ING received a total cash consideration of approximately EUR 180 million for the 37.7 million SulAmérica units, which represent a direct stake of approximately 11.3%.

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News ING to sell remaining stake in Voya Financial

ING announced today it agreed to sell shares of common stock of Voya Financial, Inc. in an underwritten public offering. In addition, ING Group has entered into a share repurchase agreement with Voya under which Voya will repurchase USD 600 million of its shares of common (...)

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News USD funding, money market freeze, pheripheral sovereign debt...answers from BNP Paribas

Amongst the three French banks under pressure, only BNP Paribas has played the card of full transparency ...

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News Fédéris Gestion d’Actifs and Mirova partner up to promote a responsible approach to governance

In order to reinforce its voting policy and establish its engagement with companies, Fédéris Gestion d’Actifs, a pillar of French insurance product and diversified management, and pioneer of responsible investment management in France, has retained (...)

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