Coronavirus Set To Crush Emerging Markets In Worst-Ever Crisis As some European and North American coronavirus hotspots start to see light at the end of the tunnel, many emerging markets are bracing for the worst of the impact. More and more developing countries are imposing lockdowns to prevent the spread of the coronavirus, even
How Pension Funds Can Lead The Way In Responsible Investing Globally, pension funds hold an estimated $20 trillion in assets, making them the single largest asset pool in the world. Given their size – and the fact that they are long-term investors – many have looked to pension funds for leadership in the field of
Coronavirus May Infect Derivatives Markets, Sending Counterparties Crashing As the novel coronavirus spreads rapidly around the world, financial markets are becoming increasingly volatile. Equities have plunged into bear market territory, upending a decade-long expansion, and corporate credit markets are facing the possibility of widespread downgrades and defaults. Against this backdrop, derivatives markets are seeing activity spike.
Banks & Regulators Disagree On The Cost Of The Final Basel III Framework Banks have begun to grapple with the costs of implementing the Final Basel III Framework. European banksʼ estimates put the price tag of meeting increased capital requirements at around €400 billion and they warn that the rules could shrink lending by as
Down, But Not Out: The Current State of Investment Banking Investment banking has had a difficult decade. Tight new post-crisis rules decimated trading revenues and a sluggish global economy sent advisory arms into a slump. At the same time, evolving technologies have placed a strain on business models and changing staffing needs have made finding
Could Libra Spur Central Bank-Issued Digital Currencies? Technology is touching every aspect of finance, transforming decades-old practices and redefining core tasks. In our Disruption in Financial Services series, we explore how new tools and technologies are changing the business of finance and reshaping how financial professionals do their jobs. One of the unintended consequences
New Risks, Old Models: The Asset Management Business The asset management business is undergoing a period of unprecedented change. Asset managers are struggling to deliver the products and returns that aging populations in Asia and the West demand against the backdrop of negative interest rates and slow growth. As fee levels fall under pressure from
Have Private Equity Valuations Reached Bubble Levels? Venture capital and private equity have boomed in the last ten years. McKinsey estimates that private market assets under management hit $5.8 trillion in 2019 and that private funds are sitting on dry powder of over $2 trillion. Fueled by cheap debt and investors hungry for yield, the
Green Bonds Are Growing Fast – But There Are Challenges Since the launch of the first “green bond” in 2008, the climate-aligned bond market has grown to an estimated $1.45 trillion and the annual issuance of labeled green bonds exceeded $167 billion in 2018. Yet this rapid growth has come with rising risks. Increasingly, some large
Commercial Real Estate Boom Turns Bust As Pressure Piles On After collapsing during the financial crisis, commercial real estate (CRE) has enjoyed a decade-long boom. Fueled by historically low interest rates, the sustained CRE bull market has seen prices hitting all-time highs from Asia to the Americas and beyond. However, clouds are gathering
