BofA Merrill Lynch Global Research highlights the importance of the peripheral trade (BTPs vs. Bunds) for the health of the credit market. Should peripheral spreads fail to rebound, BofA Merrill Lynch think that flows into credit will struggle going forward and so will returns.

State Street Global Advisors, the asset management arm of State Street Corporation, announced today that it has integrated environmental, social and governance (ESG) criteria as an additional factor in its Multi-Factor Global Equity Fund.

CNP Patrimoine, CNP Assurances's wealth management business, has announced the launch of Flexi I, a new option to seize equity market opportunities while keeping savings secure

Last week, equity markets kept moving higher, while the US yield curve continued to flatten. The 2-10 and 10-30 differentials reached the lowest level since August 2007. President Trump's decision to withdraw from the Iran's nuclear deal pushed oil prices at the highest level since November 2014. This should further support headline inflation dynamics in the coming months.

The California Public Employees' Retirement System today announced that Ted Eliopoulos, CalPERS' chief investment officer (CIO), is leaving the pension fund in order to relocate to the East Coast to be closer to family. A search for his permanent replacement will begin immediately.