Buy side Archive

Sep 10, 2021
FRC publishes signatories to new UK Stewardship Code
The Financial Reporting Council (FRC) has announced details of the 125 successful signatories – representing £20 tn ($28 tn) in assets under management – to its new UK Stewardship Code. Following a review process that considered organizations’ investment styles, sizes and types, 125 out of 189 applications made the FRC’s list – the regulator’s first since the stewardship code was revised in 2020. The FRC received applications from 147 asset manag...
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Sep 07, 2021
Fidelity launches global fund to capture opportunity from climate solutions
Fidelity International has launched a new fund that invests in companies supporting the shift to a low-carbon economy. The Fidelity Funds – Sustainable Climate Solutions Fund will have a global remit and focus on products and services helping to limit global warming, such as electric cars, renewable energy, industrial automation and green hydrogen. The fund will be run by lead portfolio manager Velislava Dimitrova and co-portfolio manager Cornelia Furse. Di...
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Sep 06, 2021
Investors boost pay scrutiny at European companies
Investors tightened the screw on European companies over executive pay this proxy season, with a rise in the number of contested votes covering remuneration issues, according to a new report by Georgeson. The number of pay-related resolutions experiencing significant opposition – defined as 10 percent or more votes against – rose by 18 percent year on year, reveals the study...
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Aug 25, 2021
Finding the ESG angle in YOLO and VICE
AdvisorShares is an actively managed ETF provider, offering a range of thematic funds that employ a wide range of strategies. Its VEGA fund, for example, is a ‘low volatility, moderate risk, global balanced portfolio that strategically allocates to the capital markets’, while its HDGE ETF is sub-advised by Ranger Alternative Management and seeks ‘capital appreciation through the short-sales of domestically traded equity securities.’ ...
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Aug 23, 2021
Dividends close to pre-pandemic levels, shows latest Janus Henderson report
As the Covid-19 recovery continues, global dividends are predicted to rise to $1.39 tn this year – a figure that is just 3 percent below the pre-pandemic peak. That’s according to the latest Global Dividend Index from investment manager Janus Henderson, which shows strong ‘dividend recovery is under way’ in Q2 2021, with headline growth of 26.3 percent. Underlying growth – adjusted for special dividends, changes in currency, timing effects and inde...
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Aug 12, 2021
ESG ‘gold rush’ as funds accounted for 90 percent of July equity fund inflows
ESG funds accounted for 90 percent of inflows in July as the ‘ESG gold rush’ continued, according to Calastone’s latest Fund Flow Index. ESG inflows rose to £995 mn ($1.37 bn) in July – representing 89.5 percent of equity fund inflows for that month and marking the second-highest performance on record for ESG equity funds. Most of that capital was also actively managed, notes Calastone....
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Aug 11, 2021
‘High water risk will manifest itself in lower stock prices in the future,’ says consulting firm Anatase
Markus Barth is CEO of Anatase, a financial products consulting firm, and the developer of the TSC Water Security Index, which was launched earlier this year by Thomas Schumann Capital (TSC) – currently the world’s only sponsor of investable indices and financial products for water security. An industry veteran, Barth has been designing investable indices for the past 30 years – including in 2007 the first climate-focused investable indices that included propr...
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Aug 10, 2021
ZEW survey shows slide in German economic sentiment for third month
Economic sentiment in Germany has continued to slide amid concerns about a new wave of Covid-19 and global growth prospects, according to a closely watched survey. The ZEW Indicator of Economic Sentiment, which polls around 350 financial market experts, has fallen for a third consecutive month to hit 40.4 points, a drop from 63.3 points in July. The research was conducted between August 2 and August 9. The indicator asks respondents – analysts who work at b...
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