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Sir Ronald Cohen, the venture capitalist who chairs the Global Steering Group for Impact Investment, on Tuesday called on governments to mandate companies to publish impact-weighted accounts.

Bank of China has opened a new area of sustainable investing with Asia’s first blue bond. The excitement over the potential for sustainable ocean-related financing in the region is justified — but the market should temper its expectations.

In this round-up, China’s August credit data offers a positive surprise, the government introduces greater control on domestic financial holding companies, and ByteDance rejects Microsoft’s offer for TikTok’s US operations in favour of a possible tie-up with Oracle Corp.

This week in Keeping Tabs: the state of EU capital markets and whether good government matters, a profile of Mairead McGuinness, and Adam Tooze on central banks.

Hugh Hendry, the outspoken founder of former macro hedge fund Eclectica Asset Management, told GlobalCapital he sees no evidence for the re-emergence of global macro as a broad and viable investment strategy. Were volatility to rise again, Hendry says he may well get back into the financial fray but the likelihood of that is vanishingly slim.

In this round-up, the Consumer Price Index (CPI) inflation moderates in August, the Chinese capital of Beijing opens up its financial services industry further, and Goldman Sachs is reportedly readying a deal to take full control in its China securities joint venture.

In this round-up, the foreign minister announces a global data security initiative, both American journalists and Chinese students face fresh visa restrictions, and president Donald Trump says his re-election will end the US’s reliance on China ‘once and for all’.

European policymakers may decide to ramp up efforts to retain control of capital markets, amid rising Brexit tensions, the US-China dispute and the need to recover economic growth.

The European Central Bank’s bond buying is doing bizarre things to corporate spreads that saw an airline reprice its curve this week in the midst of a once-in-a-lifetime crisis for the aviation industry. With a market this broken, it’s time for the central bank to see where its money can be put to better use.

GlobalCapital is proud to announce this year's winners of the covered bond awards

It can occasionally be tempting for a young banker to pull a sickie to spend a day with friends. But sick days are best spent under the cover of darkness — not in the searing sun.

The European Union is about to kick-start its huge borrowing programme for the Support to Mitigate Unemployment Risks in an Emergency (SURE) fund later this month. It is expected to bolt on additional financing needs for its recovery fund too, once that has been ratified. That could mean up to €100bn of new supply by the end of next year. Printing that as sustainability bonds will give that market the best fillip it could wish for. The EU must seize this opportunity given its commitment to the cause.