In the run-up to COP 26, reconciling the competing national agendas towards the global climate crisis remains a challenge. Understanding of the potential economic and financial risks, in the event of a disorderly...
Regulators and international institutions require financial risks assessment of climate change, however the practical methodology frameworks available are lacking. This paper provides an innovative and practical...
A debate is brewing as to whether headline (or “top-down”) Sustainable Investment (SI) targets, such as carbon emission reductions or ESG uplifts, are inconsistent with stock level (or “bottom-up”) conditions...
This paper reviews the global trends in corporate tax disclosure, drawing on a unique dataset covering 1,300 large listed companies across both developed and emerging markets. The analysis provides key insights into...
The Global Choice framework allows investors to align their investment choices with their values by enabling them to invest in companies that are carefully screened for product- and conduct-related issues. Once the...
The FTSE Global Choice Index Series is a market-capitalization-weighted index series employing a transparent rules-based methodology. The series is designed to help investors align their investment choices with their...
This report highlights growth and public initiatives related to digital assets, blockchain, or distributed ledger technologies (DLT) in the stablecoin sector. Our report is compiled from DAR’s data sources, public...
Environmental, Social and Governance (ESG) is increasingly taken into consideration by financial and institutional players, yet sovereign risk analysis still faces the challenge of its systematic integration. This...
Following recent revisions of commitments during the UN “Climate Ambition Summit” in December 2020 and the US-led “Leaders Summit on Climate” in April 2021, we estimate that the resulting global trajectory will lead...
Chinese government bonds will join the FTSE Russell World government bond index, or WGBI, over a period of 36 months from October 2021. In this paper, we closely examine the impact of inclusion of the Chinese...
In this paper, we assess the impact in more detail, after the recent announcement that Chinese government bonds will join the FTSE Russell World government bond index, or WGBI, over a period of 36 months from October...
There is a growing realization that combining index investing and sustainability engagement is not only possible but can reinforce and mobilize significant global assets under management to enable collaborative...
FTSE Russell and Beyond Ratings offer a methodology to assess countries’ implied global warming temperatures based on their national commitments concerning climate change mitigation, as per their NDCs (“Nationally...
FTSE Russell index standards are underpinned by strong governance and an emphasis on transparency. To ensure that our indexes continue to meet investors’ requirements, independent committees advise on their design to...
This paper answers the question, “What themes matter most in ESG ratings?” It explains the information that underpins FTSE Russell’s ESG ratings and identifies the themes that provide the highest contribution to an...
Bond market structure has evolved rapidly in recent years as regulatory change, concern about bank capital adequacy, and the Global Financial Crisis (GFC) combined to move bond markets towards exchanges and...
In this paper, we look at the potential benefits of combining listed infrastructure equities and listed infrastructure debt into a single portfolio, and demonstrate that combining listed equity and fixed income...
The deep economic changes necessary to achieve the Paris Agreement objectives require a consistent reallocation of resources. This gives the financial sector a key role in tackling climate change. Risk analysis is...
Interest in China’s sovereign debt market surged in 2020 as international investors hedged against a global volatile market in equities and declining U.S.Treasury yields, with losses driven in part by the coronavirus...
Ginnie Mae Project Loans (GNPL), one of the major agency CMBS products, had a breakout year in 2020 as new issuance doubled since 2019. Typically fixed rate loans that have a maturity term of 35-40 years and full...
