Last week's launch of the world's first vegan-friendly and climate-conscious exchange traded fund (ETF) by Beyond Investing has seen strong initial take-up.
A spectacular momentum crash unfolded since late August, caused by the bounce back in sovereign bond yields.
Within equity markets, value stocks experienced an impressive rebound while momentum stocks fell strikingly.
Amundi, Europe's largest asset manager with €1.487 trillion in AUM,
including €297 billion in responsible investing, announces the launch of Amundi Funds Multi-Asset Sustainable Future, which combines diversified
investment management with an ESG approach.
Despite colossal headwinds related to trade tensions, the Brexit deadlock and the manufacturing recession, asset prices have been incredibly buoyant so far this year. Equities are recovering from the August drawdown and are
approaching late-July record levels.
The duration rally over the month of August was eye-watering. The whole German sovereign bond curve, out to 30 years, now trades with a negative yield, with half the European investment grade bond universe also yielding below zero.