$9.2trn hit to global economy if vaccines not evenly distributed
Broad-based recovery cannot start until the health crisis is over
Investment
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Economic recovery expectations split
With half saying equity markets have become out of sync with the real economy
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Amundi head of fixed income to retire
As asset manager also names chief executive of Hong Kong
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Sweden plans 50-year government bond
But how appealing will it be for investors to tie up money for half a century?
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Shell gears up to appeal landmark court ruling on emissions
It has been ordered to cut CO2 output by 45% no later than 2030
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Recovery gives UK equities a shot in the arm
Companies whose fortunes are intertwined with the easing of restrictions among the most sought after
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Inflation jitters to remain for some time
But the important question is whether the rise will feed on itself once the economy reaches a new relatively stable equilibrium
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Three banks fined for European government bond market collusion
But four rivals managed to escape financial penalties
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Candriam head of EM equities to retire
His successor will step up to co-head role as part of the handover
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Industry wary of AIFMD tinkering
June 2020 review found the directive worked well – so why open Pandora’s box?
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Splits emerge in green bond preferences
Dutch and Nordic investors lead the way – but in different directions
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Candriam buys stake in French firm Iznes
Five months after Generali Vie and Groupe Apicil also became shareholders