Structured Bonds - All Articles

  • Impact investing boom leads to verbal muddle

    Impact investing — a specialist field, outside mainstream financial markets, in which investors seek environmental and social outcomes — is burgeoning, leading promoters to raise their targets for the market’s growth. But at the same time, more conventional investors are also laying claim to the term “impact”.

    • 30 Aug 2018
  • Who should pay for natural catastrophes?

    Over the weekend, Harris County in Texas voted in favour of issuing bonds to pay for flood defences, a year after Hurricane Harvey caused terrible damage in the Houston region. It is part of a wider tussle over who bears the risk of catastrophes — and the capital markets are at the forefront of the discussion.

    • 28 Aug 2018
  • Investment Association joins push for sustainability

    The Investment Association, the trade body for 250 UK asset managers, is making a concerted effort to become more involved in responsible investment, seeking to influence government policy and help its members navigate this complex area.

    • 28 Aug 2018
  • Investment Association warns EC against ‘undue focus’ on environment

    The Investment Association, the trade body for UK asset managers, has published responses to two European Commission consultations on aspects of its Sustainable Finance Action Plan — the Taxonomy of environmentally sustainable economic activities and disclosures on sustainable investments and sustainability risks.

    • 24 Aug 2018
  • Rating agency exodus ramps up as Brexit looms

    Banks and funds are being inundated with applications from staff trying to leave the rating agencies, as those firms gear up to relocate staff to Europe to comply with ESMA (European Securities and Markets Authority) guidelines.

    • 23 Aug 2018
  • KKR, Schroders partner with Neos on SME lending fund

    The Dutch Growth Joint Venture, controlled by direct lender Neos, closed for a targeted €1bn, with investment firm KKR as the principal investor.

    • 16 Aug 2018
  • GlobalCapital SRI Awards 2018: the nominations

    The nominations for GlobalCapital's Sustainable and Responsible Capital Markets Awards 2018 have been revealed, as a result of our worldwide market poll, conducted in July.

    • 11 Aug 2018
  • PG&E uses cat bond as California wrestles with fire liability

    Pacific Gas and Electric Co, the Californian utility firm, is using a catastrophe bond to adapt to what it calls the "new normal" of increased wildfire risk. After its equipment was blamed for many of the state’s fires over the past year, PG&E is at the heart of a debate over who should shoulder the costs of rising natural catastrophe damage.

    • 10 Aug 2018
  • Volkswagen triple dips amid hot summer demand across Europe

    Volkswagen (VW) took advantage of the positive tone in a quiet corporate bond market to build huge order books for both euro and sterling transactions on consecutive days. The strength of the bid from UK investors was behind the overall success of those transactions, while the borrower also found a pool of demand in Russian roubles.

    • 09 Aug 2018
  • July unusually quiet for US corporate borrowers

    Across the credit spectrum, US corporate borrower inactivity made for a July that was exceptionally quiet, compared to typical summer volumes.

    • 01 Aug 2018