European efforts to reach a common definition of sustainable investments risk fragmenting the market they aimed to unify, as investors are deeply divided over which energy sources should count as green. A Reuters survey of 16 fund managers with $6 trillion in assets found investors were at odds over Brussels’ plan, drafted at the end …
Continue reading "Investor clash on gas and nuclear affects EU green finance drive"
Replenished firepower and higher interest rates will give Europe’s banks an ideal opportunity this year to reverse recent underperformance and claw back market share from rivals in the United States, industry experts say. According to Reuters, “european lenders lost ground to Wall Street rivals during the pandemic because volatile markets boosted the earning power of …
Continue reading "European banks eye comeback against Wall Street"
Up to 90% of global financial services firms in a survey said they planned to expand operations in the UK in 2022, according to an EY UK attractiveness report. The spike revealed the highest level of investor confidence seen in the region since the consultant began its attractiveness analysis. According to Funds Europe, “financial services firm are …
Continue reading "Financial services firms show elevated confidence in UK"
U.S. public pension funds will likely have to switch to more aggressive investment strategies in the coming years to fill funding gaps despite assets held by sovereign investors having grown to record levels amid the 2021 equity market boom, a new report said. On average, the difference between assets and liabilities at U.S. public pension …
Continue reading "U.S. public pension funds may turn to more ‘aggressive’ investment"
European stock indexes faltered on Friday, despite strong Amazon earnings, while a sell-off in bonds briefly pushed Germany’s 5-year yield positive for the first time in four years after the European Central Bank was more hawkish than expected. Asian equities held firm overnight after better-than-expected earnings from Amazon, in contrast to the heavy selling on …
Continue reading "European stocks falter as bond yields rise after ECB shift"
