Social Investing Grew to $23 Trillion in 2016
March 31, 2017--The U.S. accounts for 38% of global sustainable, responsible and impact investments assets
Global assets professionally managed under sustainable and responsible investment strategies soared to $23 trillion in 2016, a 25% increase from 2014, the Global Sustainable Investment Alliance reported this week in its biennial review.
Source: thinkadvisor.com
Active investing: a new hope
March 31, 2017--Loophole gives the true stock pickers a chance to beat their low-cost rivals
Source: FT.com
Revisions to the global systemically important banks assessment framework proposed by the Basel Committee
March 30, 2017--The Basel Committee on Banking Supervision today released a consultative document entitled Global systemically important banks-revised assessment framework. This document presents proposed revisions to the Committee's 2013 methodology for assessing and identifying global systemically important banks (G-SIBs).
The broad aim of the G-SIB framework is to reduce the probability of failure of a G-SIB by increasing its going-concern loss absorbency.
Source: BIS
Wealth managers play 'robo advisers' at own game
March 30, 2017--Automation and big data mining are helping human planners compete.
Source: FT.com
Investors drawn to environmentally friendly bonds
March 30, 2017--Big companies are tapping the debt market for renewable energy projects
Source: FT.com
Insurance sector tunes into artificial intelligence
March 29, 2017-Start-ups in AI and the internet of things attracted the most new investment in 2016
Source: FT.com
Progress report on banks' implementation of the principles for effective risk data aggregation and reporting issued by the Basel Committee
March 28, 2017--The Basel Committee on Banking Supervision today published its latest progress report on banks' implementation of the Principles for effective risk data aggregation and reporting.
The Principles, issued in January 2013, aim to strengthen banks' risk data aggregation and risk reporting practices to improve their risk management practices, decision-making processes and resolvability. They are applicable to firms designated as globally systemically important banks (G-SIBs). Firms identified as G-SIBs in 2011 and 2012 were required to fully adopt the Principles by January 2016.
Source: BIS
BlackRock cuts ranks of stockpicking fund managers
March 28, 2017--Quant investment strategies to take the place of out-of-favour active managers
Source: FT.com
IMF Working paper-Managing the Tide: How Do Emerging Markets Respond to Capital Flows?
March 27, 2017--This paper examines whether—and how—emerging market economies (EMEs) respond to capital flows to mitigate their untoward consequences.
Based on a sample of about 50 EMEs over 2005Q1-2013Q4, we find that EME policy makers respond proactively to capital inflows by using a combination of policy tools: central banks raise the policy interest rate to address economic overheating concerns; intervene in the foreign exchange market to resist currency appreciation pressures; tighten macroprudential measures to dampen credit growth; and deploy capital inflow controls in the face of competitiveness and financial—stability concerns. Contrary to conventional policy advice to EMEs, we find no evidence of counter—cyclical fiscal policy in the face of capital inflows. Overall, policies are more likely to respond, and used in combination, during inflow surges than in more normal times.
view the IMF Working paper-Managing the Tide: How Do Emerging Markets Respond to Capital Flows?
Source: IMF
Infographic-Here's 48 Hedge Fund Terms Every Investor Should Know
March 27, 2017--For many investors, hedge funds appear to be shrouded in mystery.
There's a practical reason for this. The best hedge funds are extremely careful about protecting their ideas and tactics, because they provide an important competitive advantage for making profits.
An example that illustrates the paranoia around this was described in Flash Boys by Michael Lewis, where he noted that at the ultra-secretive firm Citadel, it took five ID card swipes for an employee to simply start her day.
Source: visualcapitalist.com