Ruling is setback for Javier Milei’s cash-strapped government as it faces cases brought by former foreign investors
The risks of holding Treasuries are rising with increasing deficits
Direct lenders are coming under increased competitive pressure
Foreign buyers attracted to the local currency debt of former pariahs such as Kenya and Pakistan
The US stock market accounted for $56bn of the $116bn pumped into exchange traded funds
Finance minister dubs snap poll ‘most consequential’ in history of Fifth Republic
Plus, ESG fund outflows, bets against European government bonds rise, and Alidad at WOW!house
Weak aeroplane delivery figures this week could deliver another blow to its credit outlook
Several months of fund outflows mark the decline of ESG as a marketing tool
Traders bet ECB will have limited room to cut rates this year with inflation above target
Also in today’s newsletter, majority of Europeans polled willing to pay for climate action
Bondholders seek damages for what they allege was an unjust violation of their property rights during rescue by rival UBS
BlackRock and Citadel Securities have backed a bourse hoping to challenge Nasdaq and NYSE for listings
ESG concerns may undermine support for potential blockbuster flotation
Sustainability-focused equity funds suffer net $40bn of outflows in 2024, the first sustained exodus
A new bill will tip the balances towards issuers
Disastrous UK mini-Budget of 2022 proves cautionary tale for US government
Top UK asset managers diverge from EU peers in voting choices
There’s some forward movement though
UK exchange the most active in Europe as investors offload stakes in secondary transactions
Trying to keep pace with European and US managers poses growing challenge for some smaller players in the region
Popular maker of foot-long deli heroes will use proceeds to pay down acquisition debt
Investors are increasingly focused on environmental and social issues, but how does impact investing compare with buying ESG funds? Plus: India’s VC impact funds, a boost for blue bonds, and the US entrepreneur helping former prison inmates
PE firms are turning to profit sharing to help bring in higher returns
Issuance of debt linked to companies’ climate promises has fallen but green bond market proves robust
UK Edition
