Fixed Income

“Top-performing fund avoids investments in emerging markets low on ESG score” – Business Standard – October 17, 2020

On October 17, 2020 Business Standard reported that a “top-performing emerging-market bond fund is avoiding investments in Russia, China, and Saudi Arabia as the three countries score too low in its ratings for environmental, social, and governance risks. The $1.5-billion Candriam SRI Bond Emerging Markets Fund has outperformed almost 90 per cent of peers in […]

“Brazilian Company Suzano Bets the Bond Market on Emission Cuts” – The Wall Street Journal – September 3, 2020

On September 3, 2020 The Wall Street Journal reported that “(a)s Brazil struggles with deforestation, one of the country’s largest paper manufacturers is pitching investors a bond that will cost the company money if it fails to meet greenhouse gas-reduction targets. The new type of security from Suzano SA is part of an evolution in […]