Credit Suisse today announces the successful inaugural issuance under its green finance framework, raising USD 200 million in proceeds in the form of green Yankee Certificates of Deposit (“YCD”).

Net new assets in the European ETF market slowed again in May to €1.8bn from the €3.7bn we saw in April. This was largely due to a significant decrease in fixed income ETF inflows (€0.5bn from €4.1bn). Equity ETFs experienced some very modest outflows (€-15m).

Average cash balance soars to 5.6% from 4.6% for each of the last three months, marking the biggest jump in cash since the debt ceiling crisis in 2011; allocation to cash jumps 10ppt from last month to net 43% overweight

On 13 June 2019, RATP once again successfully issued “Green Bonds”, in the amount of €500 million, with a ten-year maturity date. The exceptionally successful transaction, which has a substantial subscription rate (>5 times), is fully in line with RATP Group's CSR effort and demonstrates the Group's determination to meet the challenges regarding the ecological transition and climate change.

James brings 20 years of buyout experience and a strong investment track record across Europe. With a particular focus on the UK market, James's appointment underlines Astorg's strategy of strengthening its presence across the major European buyout markets.