The Global EverGreening Alliance and Climate Asset Management, announce partnership to deliver a landmark $USD 150 million nature based carbon programme in Africa.
The ECB sees inflation pressures as temporary and is unlikely to raise interest rates. The eurozone economy has outperformed consensus estimates as it grew by 2.2% quarter-on-quarter in Q3, matching the previous quarter. This leaves the level of economic activity just 0.5% below its pre-pandemic peak, meaning that the recovery in GDP should be complete this quarter (Q4).
L/S Equity managers have decently navigated these markets, generating small positive alpha (especially on their short positions) but their implicit stance is diverging across regions. U.S. managers detracted only marginal alpha. They maintained their modest overall exposures throughout September and further reduced them early October, keeping limited factor tilts.
Infamous for the belief that there is a bubble in long-duration assets, Richard Bernstein Advisors reckon there are sizeable bubbles inflating. A recent report investigates what's causing such widespread bubbles, their potential effects on the overall economy, and the interesting investment opportunities resulting from the bubble's misallocation of capital.
According to Frédéric Samama, Chief Responsible Investment Officer at CPR AM, we have been witnessing a convergence towards the Carbon objective for about six months...