All Chinese articles – Page 2

  • Fixed income investor guide

    Fixed income investor guide


    The Fixed income investor guide summarises the unique characteristics of fixed income with its various subcategories of issuers and instruments. It helps to explain why fixed income investors should take a bottom-up approach to RI while borrowing from the experiences of other asset classes, such as listed equities.

  • Reports/Guides

    Integrating ESG factors into issuer analysis


    In fixed income, a key application for ESG information is to inform analysis of issuer creditworthiness. ESG issues, such as corruption or climate change, are potential risks to macro factors that may affect an issuer’s ability to repay its debt.

  • fixedincomeinvestor

    Integrating ESG factors into sovereign issuer analysis


    Based on discussions and presentations with the PRI fixed income sovereign working group, this report is a primer that provides an initial conceptual framework exploring ESG issues that might be material to sovereign bond risk assessments and pricing (2014).

  • External environmental costs for different sectors

    Integrating ESG factors into corporate issuer analysis


    Analyses of governance factors such as remuneration and financial auditing are common among bond investors, but few systematically integrate a wide range of ESG factors into credit analysis.

  • Reports/Guides

    Integrating ESG factors into financial issuer and ABS analysis


    In recent years, investors have become increasingly sensitive to the potential financial impacts of risk management failures, malpractice fines and banks’ ability to meet new regulatory standards.

  • Reports/Guides

    ESG screening in fixed income investing


    Fixed income investors apply ESG filters or screens to their investment universe to control which issuers or securities are considered for investment. This is an effective way of ensuring their investments are aligned with their (client’s) ethical motivations and reduces reputational risks.

  • Proportion of PRI signatories engaging with issuers on ESG management (2014)

    Engaging issuers on ESG issues


    Debt and equity holders both stand to benefit financially from successful engagements, as ESG-related risks are mitigated and opportunities maximised.

  • Growth of green bonds issuance 2007–2014

    Themed fixed income investing


    Investment products such as green bonds are seen by many as a way of addressing ESG risks such as climate change and water scarcity.

  • Reports/Guides

    Embedding responsible investment into the fixed income investment process


    There are a number of fundamental building blocks, regardless of asset class, that all investors should consider when setting their organisation up to implement responsible investment.