The Italian government has issued its inaugural green bond; issue size EUR 8.5 billion. Italy made efforts to align its green bond categories to the EU Taxonomy in terms of mitigation objective criteria. NN IP believes this is an important milestone for the green bond market as Italy has a high weighting in
government bond indices and portfolios.
Jean-Louis Charles, Chief Investment Officer at AG2R LA MONDIALE, this strategy enabled the Group to remain calm in the first half of 2020 while remaining invested in equities. The strategy was carried out through the purchase of puts on the EuroStoxx50 index.
With investors questioning the sustainability of equity valuations in a context of rising bonds yields, a Momentum
reversal in equities is taking shape. Defensive sectors, and more recently Technology stocks, faced downward
pressures while Financials and Energy rallied...
The impressive growth of the crypto market and Bitcoin's price rally have turned 2021 into a record year for crypto miners.
According to data presented by TradingPlatforms.com, crypto miners generated $1.3bn in revenue last month, the highest value so far.
After a rollercoaster 2020 for European high yield markets, 2021 looks set to be more stable. Fears of high levels of corporate defaults have proved unjustified, allowing high yield to rebound in 2020 and setting the scene for the coming year.