Integrating ESG into Sovereign Bond Portfolios

Summary: - Market-value-weighted portfolios give more weight to riskier issuers, e.g., those that issue more debt. - Environmental, social, and governance (ESG) weighting is an alternative way to construct a portfolio that looks at the sustainability of a country with a view focused on the long term. - ESG weighting [...]

By |May 4th, 2015|Categories: News|Tags: , , , , , , , , |

Roadmap for a multi-billion USD gas pipeline project between Greece and Russia

It remains uncertain whether Greece will be able to solve its crisis before its deadline in May for repayments to the IMF. All means are good for the country to find liquidity, as has been illustrated by a number of recent measures and ideas:

a legislative decree allowing the state to access to some additional cash [...]

By |April 28th, 2015|Categories: Analyst's Insight|Tags: , , , , |

Grexit dangers mount as Greece’s Yanis Varoufakis warns of ‘liquidity asphyxiation’

Greek finance minister Yanis Varoufakis has acknowledged that his country is desperately short of funds, accusing Europe's creditor powers of trying to force his country to its knees by "liquidity asphyxiation".

Source:  The Telegraph, 2015/04/17

By |April 21st, 2015|Categories: News|Tags: , , , |

Moody’s: Stable credit outlook for euro area sovereigns, but Grexit and deflation present downside risks

The credit outlook for most euro area countries is stable, balancing the moderate economic recovery under way, which is supported by lower commodity prices and the impact of quantitative easing by the European Central Bank (ECB), with a range of downside risks, Moody's Investors Service says in a new report today. Moody's report, entitled "Sovereign [...]

By |March 24th, 2015|Categories: News|Tags: , , , , , |

Fitch: ‘Grexit’ Remains Possible, But Systemic Crisis Unlikely

The eurozone would suffer a significant shock if Greece left, but it would be unlikely to trigger a systemic crisis like that in 2012, or another country's rapid exit, Fitch Ratings says. The immediate risk of Greece leaving the single currency was eased by last month's agreement with its official creditors. But the uncompromising stance [...]

By |March 6th, 2015|Categories: News|Tags: , , , |