CNBC International’s Post

🌎 We are delighted to announce that Rocío Trueba Miralles, Deputy Head, Funding Debt Management at the Spanish Treasury will be joining us at the public sector debt summit in Paris. The summit will gather developed and emerging market public sector borrowers alongside asset managers, investment banks, and other key market participants for insightful discussions on the most pressing issuance concerns, including: 👉 Economic and monetary policy outlook 👉 Investor session: Is the time ripe for SSA bonds? 👉 Borrower session: Taking stock of Q1 and lessons to apply for 2024 👉 How to enhance liquidity and the primary dealership model 👉 Analyzing diversification strategies Find out more here: https://lnkd.in/eDR2nYqG

Keep your schedule free on the 18th of May 2024, as we have THREE power-packed webinars for you. #1 Charlie Munger’s Inversion Framework: Getting Fixed Income Wrong Join Samyuktha Vibhu, Principal Fixed Income Strategist, where she talks about Charlie Munger’s inversion framework on how solving problems backwards works. Time: 10 AM - 11 AM IST Registration Link: https://bit.ly/44wmUVA #2 Plug In: Insights into the Global Electric Vehicle Market Join Senthil manikandan K, CFA, Senior Research Analyst, where he talks about the global electric vehicle market and its transformative impact on the auto industry. Time: 11 AM - 12 PM IST Registration Link: https://bit.ly/4bnxqAO #3 Idea Series- Going Long on Debt Funds Join Harshil Nichani, AVP Investment Strategy, as he talks about the long-duration funds and how to make debt work for you. Time: 12 PM - 1 PM Registration Link: https://bit.ly/4bcYy5J #Debtfunds #investment #electricvehicle #EV #Stockmarket #autoindustry #fixedincome #webinars

“Complexity in Europe is mispriced by LPs who think of Europe as being much riskier than the US, whereas we know – based on 20 years of investing experience here – that is not necessarily true, depending on the jurisdiction.” Fabian Chrobog, our Founder & Chief Investment Officer, was featured in the April issue of Private Debt Investor, where he discussed the themes reshaping opportunistic credit and distressed debt, including the state of European stress and complexity in Europe versus the US. Click the link below to read the article. #privatecredit #privatedebt #alternativeinvestments

Europe's smaller companies are having a harder time tapping into the bond market compared to US companies; the number of bonds below $100 million are routinely higher in US compared to EU. Katie Martin, FT's columnist, suggests that the issue is structural. A smaller deal requires the same amount of attention as a larger deal for an advisor. The documentation is too weighty in relation to the fees. This is just one aspect. There is a "critical need for a more integrated and robust European financial market." Read more on Financial Times: https://lnkd.in/gJSFUhNr #capitalmarket #Europe #EU #bond #US

European companies are dealing with the surge in hybrid yields, prompting many to wonder whether to replace the capital with like-for-like securities at a much higher cost. The decision to reduce hybrid layers has been seen among firms with the flexibility to do so, as they are unwilling to rely on an instrument so much more expensive than their senior debt. However, reducing hybrid stocks is not without its problems, with rating agencies offering equity credit based on their permanent loss-absorbing capital status. Exceeding defined thresholds for reduction can lead to a sudden withdrawal of equity credit, negatively affecting credit metrics. The choice to replace, downsize, or forego hybrids becomes a strategic decision for #issuers. While some anticipate net growth in hybrid issuance due to factors like the energy transition, others believe the reduced cost competitiveness might influence companies to rethink their hybrid strategies. "It’s a trend for the companies which have flexibility to reduce their hybrid layers to do so." said Stephanie Besse, global head of corporate debt capital markets at Natixis Corporate & Investment Banking. Read the rest of our analysis as well as commentary from key market participants including Peter Berlin, head of finance at EnBW Energie Baden-Württemberg AG, Fabianna Del Canto, co-head of capital markets EMEA at MUFG, Antoine Baudron, co-head of capital markets EMEA at MUFG, Julian Marks, head of hybrid bonds at Nomura Asset Management, and more from Stephanie Besse, global head of corporate debt capital markets at Natixis Corporate & Investment Banking: https://lnkd.in/e_5SrWc2 Written by Jon Hay, corporate finance editor, and Michael Turner, corporate bonds editor at GlobalCapital #capitalmarkets #corporatebonds

Keep your schedule free on the 18th of May 2024, as we have THREE power packed webinars for you. #1 Charlie Munger’s Inversion Framework: Getting Fixed Income Wrong Join Samyuktha Vibhu, Principal Fixed Income Strategist, where she talks about Charlie Munger’s inversion framework on how solving problems backwards works. Time: 10 AM - 11 AM IST Registration Link: https://bit.ly/44wmUVA #2 Plug In: Insights into the Global Electric Vehicle Market Join Senthil manikandan K, CFA, Senior Research Analyst, where he talks about the global electric vehicle market and its transformative impact on the auto industry. Time: 11 AM - 12 PM IST Registration Link: https://bit.ly/4bnxqAO #3 Idea Series- Going Long on Debt Funds Join Harshil Nichani, AVP Investment Strategy, as he talks about the long duration funds and how to make debt work for you. Time: 12 PM - 1 PM Registration Link: https://bit.ly/4bcYy5J #Debtfunds #investment #electricvehicle #EV #Stockmarket #autoindustry #fixedincome #webinars

There are many ways investors can address climate risks in fixed income portfolios, including financing issuers that deliver climate solutions. That said, due to the complexity of fixed income markets investors often struggle to identify and track exposure to bonds that are associated with carbon-intensive activities. In a report just out titled 'Tracing Carbon-Intensive Debt' , London Stock Exchange Group developed a methodology to track carbon-intensive fixed income holdings. Check out this episode of #EcoMoney on MONEY FM 89.3 where Nitish Ramkumar, CFA , Senior Research Lead of Sustainable Investment Research at LSEG (London Stock Exchange Group), shares the details. #sustainableinvesting #climatechange #fixedincomeinvesting Link to the episode: https://lnkd.in/e58rjNWA

The State of Alternative Investments in 2024 by German Savings and Cooperative Banks Alternative strategies are becoming increasingly attractive in the context of multi-asset management, both for institutional and private investors. The German alternatives industry is one of the largest in Europe and has experienced significant growth over recent years. Germany is a leading region in the European Union for large institutional investors, such as insurance companies, pension funds, Savings and Cooperative Banks, family offices, and high-net-worth individuals. The most commonly established alternative funds in Germany include private equity, real estate, real assets, and impact investing funds. Additionally, renewable energy and private debt funds are notable. Also, German savings banks are increasingly investing in alternative asset classes and sustainable investments, which is in line with 2024 trends. Our recent analysis shows the investment distribution in alternative investments among German savings and Cooperative banks: Private Equity: 85.54% Impact Investing: 74.15% Real Assets: 67.38% Real Estate: 87.38% As we continue to monitor and adapt to market trends, these investments highlight a significant shift towards more diverse and sustainable portfolios. Stay tuned for more insights and updates on investment trends. Please look at our freshly researched package of German saving banks on our website and arrange a call with our sales team at sales@advinda.com. Nina Dohr-Pawlowitz Angela Kropp Predrag Dukic Karan Patodia, CFA, CAIA, FRM, SCR Liji BabuPrinto MathaiHarsha BharukaDC Placement Advisors #InvestmentTends #AlternativeInvestments #SustainableInvesting #PrivateEquity #ImpactInvesting #RealAssets #RealEstate #GermanSavingsBanks #GermanCooperativebanks

🤝 [#PrivateDebt] Following on from 2023, 2024 should be another exciting year for Amundi's Private Debt platform. Watch the video to discover the main trends for the coming months! 👇

A recent report reveals that major banks have funded $6.8 trillion to fossil fuel companies since the 2015 Paris Agreement. 🔥 In 2023 alone, $705 billion went to these firms, with $347 billion for expansion. Top financiers include JPMorgan Chase, Mizuho, and Citibank. 📊 Read the news: https://lnkd.in/drd7ku4c #Finance #FossilFuels #Banking #GlobalEconomy #Investment #EnergySector #FinancialTrends #EconomicImpact