The War in Ukraine is a daily reminder of how precious freedom and democracy are, and how essential security is. The respect of civil liberties and political rights has been at the core of our proprietary model for sustainable countries
The starting universe is composed from the members of the OECD, therefore each new membership is included in the starting universe. The sustainability ranking allows the identification of countries which have fully integrated global challenges in their development of medium-term
Emerging economies are generally considered to have high potential, notably due to their young and growing population. Although most are not always seen as being sustainable or having a democratic process, integrating sustainability criteria into the management of a portfolio
Country sustainability during COVID-19 The pandemic has had two major consequences on sustainability assessment: Collecting and analysing data has become significantly harder, especially in emerging economies. The majority of positive trends of sustainable development (or SDG’s) have been reversed by
2019 recorded again a severe deterioration of democracy worldwide, mainly explained by the decline in Latin America and Sub-Saharan Africa with a deterioration in the majority of the themes related to democracy i.e. civil liberties, electoral process and function of
Education and innovation are success keys for States to ensure their sustainability. For several years now, the PISA tests, taking place every three years in all OECD Members States, have shown that the quality of an education system is not
Time for a rethink
The starting universe is composed of 90 countries, mainly defined by the existence of a local or hard currency sovereign debt market. The sustainability ranking enables the identification of the countries which have fully integrated global challenges into the development
Macro Economic Update Global growth currently hovers around 2.5% with confidence indicators still pointing to modest growth at best. Manufacturing continues to suffer with new orders contracting at the fastest pace in almost seven years. Confidence in the service sector,
Macro Economic Update Global growth currently hovers around 2.5% with confidence indicators pointing to still slower economic gains in the near future. Manufacturing continues to feel the burn with new orders contracting at the fasted pace in almost seven years.
Sustainability ranking – October 2018 The starting universe is composed of 89 countries, mainly defined by the existence of a local or hard currency sovereign debt market. The sustainability ranking enables the identification of the countries which have fully integrated
While sustainable and ESG research on corporates from independent third parties is generally readily available, reliable information on countries is harder to come by. The sovereign debt crises have questioned the status of ‘risk-free’ asset class of government bonds. This
Now that the demise of Lehman Brothers is making headlines again, we believe it is appropriate to take stock of the returns of fixed income investments over the past ten years. What are the main factors which have led to
While sustainable and ESG research on corporates from independent third parties is generally readily available, reliable information on countries is harder to come by. The sovereign debt crises have questioned the status of ‘risk-free’ asset class of government bonds. This
Solid indicators for now Economic indicators remain solid for now, even though some leading indicators suggest that the pace of the recovery is slowing. Trade volumes are growing, corporate profits are on the rise and unemployment is falling. The combination
In addition to direct investment in residential and commercial property, indirect forms of real estate investment are playing an increasingly important role. This includes companies whose real estate portfolios are listed on the stock exchange. REITs from Europe have been
The recent rise in volatility demonstrates that the key challenge for the coming years will be the removal of monetary life support without hampering economic growth and upsetting market psychology too much. The global sell-off confirms the importance of market
Phillips curve is still alive Ten years after the onset of the financial crisis, the global economy is showing signs of a synchronized recovery. Economic activity performs solidly, trade volumes are growing, corporate profits are on the rise and unemployment
The €1bn threshold of managed assets has been reached! In just four years’ time, our strategy has experienced growing success and market appeal. On the one hand, emerging market debt remains an attractive asset class, catering to the quest for
Economic confidence indicators continue to surprise on the positive side pointing to a strong cyclical growth momentum across sectors and regions. Global trade is showing clear signs of improvement on the back of these improved conditions. Unemployment is coming down,
Half-yearly report – October 2017 While sustainable and ESG research on corporates from independent third parties is generally readily available, reliable information on countries is harder to come by. The sovereign debt crises have questioned the status of ‘risk-free’ asset
Value investors in the Eurozone have done well over the last two years, but quite poorly in the US. This is rather exceptional, as style returns generally move in similar directions across these two regions. Indeed, their economic dynamics are
Economic confidence indicators continue to surprise on the positive side pointing to a solid cyclical growth momentum across sectors and regions. Global trade is showing clear signs of improvement on the back of these improved conditions. Unemployment is coming down,
Our cover article looks into today’s fixed income markets against a challenging market backdrop. Indeed, Financial markets are fragile today. We’re in the middle of August and geopolitical tensions between the USA and North Korea are impacting risk assets. Fixed
Asset Allocation Flash Judging from core employment and broader measures of unemployment, it can be argued that there’s still a fair amount of hidden labour market slack in place. At the same time, other factors including globalization, technological change and
Global Economic confidence indicators continue to point to a solid cyclical growth momentum across sectors and regions. Besides, global trade is showing early signs of improvement. Following numerous false starts in recent years, the current recovery looks stronger, more broad-based
June 2017 Economic confidence indicators continue to point to a solid cyclical growth momentum across sectors and regions. Besides, global trade is showing early signs of improvement. Following numerous false starts in recent years, the current recovery looks stronger, more
Asset Allocation Flash Economic confidence indicators continue to point to a solid cyclical growth momentum across sectors and regions. Besides, global trade is showing early signs of improvement. Following numerous false starts in recent years, the current recovery looks stronger,
Ascent Spring 2017 / Table of Contents How strong a comeback for inflation? Listed real estate deserves a place in any portfolio 1 President Trump and climate change: friends or foes?
Economic confidence indicators continue to point to an accelerating growth momentum. Base effects linked to commodity prices are sending inflation higher, breaking the earlier disinflationary trend. Financial markets have been moving in the same direction with stock prices and interest
