All IPE articles in May 2022 (Magazine)
View all stories from this issue.
-
Special Report
Towards a sustainable portfolio theory
Applying monetary values to impacts would allow investors to direct capital better and assess opportunities for improved long-term returns
-
Features
Investors grapple with sustainability in short selling strategies
The recent move by the EU to exclude derivatives from sustainable strategies has focused attention on the role of short selling in promoting lower carbon emissions
-
Interviews
Ilmarinen: The making of a Finnish pensions legend
Mikko Mursula (pictured), CIO of Finland’s Ilmarinen, talks to Carlo Svaluto Moreolo about equities and the organisation’s 2035 net-zero commitment
-
Opinion Pieces
Notes from the Nordics: Finland on the frontier
Fear and uncertainty are rattling markets, but financial concerns are dwarfed by the human suffering caused by the war in Ukraine. In Finland, people have particular reason to worry due to the country’s long land border with Russia.
-
Opinion Pieces
Seesawing rates pivot European pension funding ratios
Many pension funds throughout Europe have had insufficient funding ratios for many years in part due to falling interest rates, even though pension funds’ investment choices and contribution levels also play a role.
-
Features
Measuring health impacts could expand ESG metrics
All companies have an impact on the world beyond just the profits for shareholders. Acknowledging and measuring these impacts in a quantitative manner enables them to be managed for the benefit of all and contributes to the creation of a fairer and more just society. The environment, social and governance (ESG) movement has raised the importance of such sentiments.
-
Features
Investors sceptical on Tokyo equity market reforms
In April, the Tokyo Stock Exchange (TSE) implemented its biggest overhaul in over 60 years in an attempt to attract foreign investors. However, many industry experts see the move as largely symbolic and believe more needs to be done to create a roster of high-quality companies with strong corporate governance practices.
-
Asset Class Reports
Emerging markets: Global or local?
For emerging market strategies, it is difficult to establish a clear link between performance and local presence
-
Asset Class Reports
Portfolio strategy – Emerging markets
It is no secret that while investments in emerging markets promise to deliver superior returns, thanks to their exposure to faster-growing economies, actual performance has been volatile and, at times, disappointing. Over the past decade, emerging market indices have outperformed, as have fund strategies.
-
Special Report
Strategy: The search for integrity and effectiveness
Investors are increasingly seeking real-world impact, but understanding of what that means and how it can best be achieved is still evolving.
-
Special Report
Data: focus on impact hurdles
An increasing number of impact funds link carried interest to impact goals. Asset owners can help by encouraging this trend
-
Country Report
UK: Pension dashboards make slow progress
DWP timeline is met with optimism but complex UK system throws up problems
-
Features
Fixed income, rates & currency: Markets grapple with inflation and slowdown
The global outlook for economic growth is deteriorating, with repeatedly revised economic forecasts pointing to ever-higher inflation and lower GDP growth. The far-reaching impacts of the Russia-Ukraine war, moving principally through energy and commodity channels, have exacerbated so many of the world’s existing pandemic-related supply-side bottlenecks, which had been gradually easing in the weeks and months before Russia invaded.
-
Features
Derivatives: countdown to mandatory margin
From 1 September, a large number of pension funds and clients of asset managers will be required to start posting initial margin on their non-cleared derivatives exposures, a change that will have a big impact on how they conduct business. The problem is that many institutions may not be fully aware of the implications or what they need to do to prepare – and time is running out.
-
Interviews
On the record: Impact through corporate engagement
Investors are aiming to maximise the impact of their investment strategies by engaging with investee companies
-
Country Report
UK: The long and winding road to consolidation
Brexit, COVID and other factors delay regulation that would enable commercial DB scheme consolidators to operate
-
Special Report
Consigning fossil fuels to the past
How are asset managers supporting the shift away from fossil fuels in energy intensive sectors?
-
Special Report
Corporate lobbying comes under the spotlight
Companies are starting to respond to investors’ demands for transparent and consistent lobbying.
-
Country Report
UK: Collective defined contribution pensions move up a gear
The first collective defined contribution pension scheme is set to launch after years of stop-start progress. But obstacles remain
-
Special Report
UK Stewardship Code: a platform for impact
Investors and specialist managers could use the UK’s revised Stewardship Code to showcase intentionality and impact