The development of SRI hampered by the lack of harmonization of methods

The development of SRI hampered by the lack of harmonization of methods

In France, conviction-based SRI drives the socially responsible investment market. The lack of harmonization of environmental, social and governance (ESG) criteria would be the main obstacle to the engagement of investors and companies in this area. This is one of the conclusions of the East and Partners study, commissioned by HSBC, on the sustainable development strategies of 1,731 issuing companies and institutional investors. According to this study, 61% of investors and 48% of issuers worldwide…

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Corporate bonds: a puzzle for investors

Corporate bonds: a puzzle for investors

While the low interest rate environment continues, the remuneration of bonds, including a large part of corporate bonds, no longer meets the needs of investors, who are forced to find alternatives to their usual strategies. In the beginning was the state obligation. When the risk-free rate was profitable, it served as a basis for the management of institutional investors. But the interminable slide in key rates, which have become negative, has forced them to look…

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Finding returns in American local communities

Finding returns in American local communities

American “municipal bonds”, bonds issued by local authorities, offer an attractive risk-return ratio. For European investors, the US bond market has a few strengths, starting with this one: key rates are not negative, resulting in higher yields for bonds, even if investors have to hedge currency risk. But certain parts of the rating, such as “high yield”, could suffer in the event of a more marked deterioration in the economy. The “municipal bonds” can appear…

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Participatory loans: SMEs offer to pay more to convince investors

Participatory loans: SMEs offer to pay more to convince investors

Faced with investors’ lack of appetite, CPME is proposing to increase the yield on these equity-like loans from 1.5% to 2%, currently under discussion at Bercy. She thus hopes to unblock discussions that are progressing little. Faced with investors’ lack of appetite for equity loans, these instruments supposed to strengthen the balance sheets of SMEs and allow them to rebound at the end of the pandemic, small businesses are offering to pay more for them….

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Exclusive: major investors call for greater consideration of biodiversity

Exclusive: major investors call for greater consideration of biodiversity

The impact of human activities on biodiversity is the poor relation of sustainable management in relation to climate change. Thirty investors representing more than 6,000 billion euros in assets call for the development of dedicated indicators. Several French projects are already well advanced. In the field of sustainable finance, in vogue these days, the fight against climate change has taken a prominent place. The carbon footprint has thus passed into the everyday language of investors…

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With 2/3 of its debt held by foreign creditors, France is more dependent on financial markets

With 2/3 of its debt held by foreign creditors, France is more dependent on financial markets

With nearly 2/3 of its public debt in the hands of foreign investors, the French state is more dependent on financial markets than other countries that are even more indebted. France, gold medal for dependence on financial markets? Almost two-thirds of its public debt (63.8%) is held by foreign investors, the highest rate among countries with “significant” debt. Only Austria (256.7 billion) and Portugal (238.8 billion) are more exposed to the open sea (Click here…

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