Join work with SSFC where we argue for and describe the relevance and functionality for bond markets in the climate transition. Non-technical.
We discuss the nature of short selling: its dangers, its benefits, after a month of extremely interesting developments in the space.
Low carbon has produced stable excess returns versus traditional credit - we provide an out-of-sample, apples-for-apples examination using S&P indices based on the ECOBAR allocation model.
Podcast discussion with Keesa Schreane at Refinitv around green bond premiums and some policy recommendations from our work on green bond volatility.
With the announcement of the financing of the Vung An II coal plant, the AFII initiates its SSA exclusion list by putting JBIC and KEXIM on it, together with a few of AFII's earlier designated SSA climate destroyers. And we explain what SSA stands for/is.
The biggest USD bond funder of potential Carmichael coal lender State Bank of India has a dominant private equity owner, top-three firm Apollo Management. What does this mean for (climate concerned) end investors in Apollo funds, and/or the PE manager's engagement opportunity here? .
A green bond market where issuers can directly finance what has been called “the world’s most insane energy project” and still claim credit for refinancing a dozen of windmills deserves to be questioned. Could we avoid it?
We suggest an alternative way to get almost identical risk-return exposure but without lining the pockets of Aramco shareholder(s).
We suggest a HLE2G framework that could cut back ECB exposure to fosill risks equivalen to 3.5GT of CO2e, by just removing 30 entities from its portfolios and operations.
We review out-of-sample performance of the ECOBAR model in the implementation through S&P Dow Jones Indices. Performance continues to be strong with a five year Sharpe ratio 1.62.
Short comment around how the upcoming Green Bunds (German government bonds) will trade as twins, as discussed in our earlier paper "Green Bond Risk Premiums: A Twin-Bond ULFP Approach". [External link]
We outline the potential usage of CDS indices for ESG focused investing.
Responsible Investor webinar where we discuss effective climate trades for central bank portfolios. [External link]
The paper "Credit alpha and CO2 reduction: A portfolio manager approach" is on the required reading list for this new certificate from the world's largest association of risk professionals. [External link]
External links are not endorsements.