Collapse frequency: deposits, liquidity, and the new bank-body problem
‘Black-body radiation’ – a phrase first dreamed up by Gustav Kirchoff in 1862 – is both a marvel of classic physics and a signal player in its undoing. The multi-talented Kirchoff was the first to mathematically formalise the relationship between radiation falling on an idealised black body and the subsequent frequencies of heat energy emitted […]
Uncut gems: The evolution of ESG in EM sovereign debt
The lack of a systematic means of integrating ESG factors into the processes that underpin EM sovereign debt investment has led to a widespread overdependence on exclusions and quantitative data – which is often backwards looking – and typically fails to reflect the realities on the ground. In this paper, we look at challenges EM […]
The case for Chinese equities
in charts
European Equities Sustainability Report
Fast reading: The electric vehicle (EV) market has the potential to deliver strong growth and long-term outperformance both in terms of financial returns and driving sustainable change. Companies that provide key components to the auto industry and boast significant market share can provide a compelling way to gain indirect exposure to the market. We prefer […]
Financial stability concerns back to the fore
Ahead of the Curve
Will the latest rate hike be the last?
market snapshot
Why now is the right time to invest in China
Fast reading Concerns around China’s handing of the Covid pandemic and volatility in the country’s property market has weighed on the valuation of Chinese equities, which are trading at discounts not seen for more than two decades. The government’s abandonment of its strict zero-Covid policy at the turn of the year should provide a boost […]
SDG Engagement High Yield Credit, Annual Report 2022
Turning engagement into meaningful change
Meet the Manager: Martin Todd
What’s your role at Federated Hermes? I’ve been at Federated Hermes for 10 years as an analyst and portfolio manager. Currently I’m a portfolio manager on two equity strategies here at Federated Hermes. I’m the lead manager on our Sustainable Global Equity Fund and co-manager on the Impact Opportunities Equity Fund. How did you get […]
Global Equity ESG, Annual Report 2022
Fast reading: Annual review 2022: A run-down of what turned out to be a topsy-turvy year for investors. Engagement overview: 145 engagement objectives with 76 companies engaged. An update on our progress in 2022. In the spotlight: ESG in healthcare. How responsible investors can achieve tangible results in line with sustainable goals through engagement and […]
