Jillian Haslam, renowned author and motivational speaker, is interviewed by ICMA’s Katie Kelly about her path from an extremely deprived childhood in India to an exceptional career. She discusses the importance of resilience and hard work and makes recommendations for surviving challenging situations, including taking control by making a plan each day and deciding whether to see yourself as a liability or an asset.
Andy Hill discusses ICMA’s new report documenting the performance of the investment grade secondary bond market in Europe from February to April 2020 as the COVID-19 pandemic caused unprecedented levels of market volatility. During the peak of the crisis, before central bank intervention, participants resorted to voice trading when the market became too volatile and too illiquid for dealers to risk providing pricing across electronic platforms, although trading volumes recorded through platforms were at record levels. One of the key lessons from the crisis is that while market infrastructure held up well after 10 years of technological innovation, the role of market-makers in creating liquidity remains at the core of the secondary markets. Reducing the ability of market-makers to provide this service will inevitably impact market liquidity and efficiency, especially in times of market stress.
Martin Scheck, ICMA Chief Executive speaks to Ingo Mainert, Managing Director and CIO Multi Asset Europe at Allianz Global Investors about how his firm is navigating its way through the current crisis on an operational level, while taking stock of both the risk management aspect and the investment outlook; and discusses his views of the monetary actions taken by central banks as well as the fiscal measures by governments in response to the pandemic. Ingo also talks about Allianz GI’s ESG investment framework, the growing role of impact investing, and the longer term economic impact of the COVID-19 crisis.
Robert Parker, Chair of ICMA's Asset Management and Investors Council, reviews the market events of the last week in the context of the COVID-19 pandemic, with a specific focus on the European Commission proposal for a €750 billion EU recovery fund, the drivers behind the bond and equity rallies, and the risk of a Brexit stalemate.
Robert Parker, Chair of ICMA's Asset Management and Investors Council, reviews the market events of the last week in the context of the COVID-19 pandemic, with a specific focus on the French-German proposal for a €500 billion EU Recovery fund, the state of bond, equity and oil markets, and the risk of a second wave of contagion.
ICMA speaks to Richard Mazzochi and Minny Siu, Partners at King & Wood Mallesons about China’s new Securities Law. From the perspective of foreign issuers and investors, they discuss the background to the latest amendments and most significant changes, including the introduction of the registration system, as well as the further internationalisation of the Chinese domestic market.
With sustainability having become a mainstream consideration for the financial sector, there is a need for convergence on terminology among market participants and wider stakeholders. Nicholas Pfaff, Managing Director and Head of ICMA Sustainable Finance speaks with colleagues Simone Utermarck, Director and Ozgur Altun, Associate about our latest paper proposing high-level definitions building on current market usage and existing official sector terminology for the most commonly used terms in the sustainable finance field.
In the second episode considering questions of ethics in financial markets, bond market veteran and author Chris O'Malley examines the behaviour of companies, after looking at the ethical dilemmas facing individuals in the financial market.
Robert Parker, Chairman of ICMA Asset Management and Investors Council, reviews the market events of the last week in the context of the COVID-19 pandemic, with a specific focus on lockdown easing measures, the state of the economic recovery and debt restructuring of some emerging countries.
Bond market veteran and author Chris O'Malley talks about the behaviour of individuals when faced with ethical dilemmas both socially and in the workplace. Looking at some 21st Century financial market scandals, he reflects on what drives 'good' people do bad things and explains how ethical and moral principles are essentially different from compliance.