Research

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Financial candles on a screen.

Low carbon credit performance: equity and rates sell-off update

08/10/2021

Sell-off in equities and rates has little affect on ECOBAR low carbon credit strategy.

Market opportunity: Indian (green) bond issuance in EUR

30/09/2021

The green bond market is starting to develop in India.

An overhead photo of a road submerged by floodwater.

Trading climate opportunities in the Chinese bond market

25/09/2021

In this report we provide a perspective on the green opportunities for the Chinese bond market.

Factories emitting pollution.

Net green/fossil bond syndication league tables

23/09/2021

A technical note to calculate normalised bond syndication fee revenue league tables.

Factories emitting pollution.

The Box

14/09/2021

We propose a counterparty de-selection algorithm to help parties meet their climate goals.

An overhead photo of a road submerged by floodwater.

Mexiconvexity: Credit, IMF, Pemex

08/09/2021

Mexico's president eager to use IMF covid funding to support Pemex.

A financial analyst’s Bloomberg keyboard layout.

Banking on coal: SUEK bond review

02/09/2021

SUEK, the largest exporter of seaborne thermal coal, to issue inaugural bond.

Financial candles on a screen.

Back to the grind: Low carbon credit performance

01/09/2021

Low carbon credit relative returns have recovered after an extensive oil price rally.

An overhead photo of a road submerged by floodwater.

Woodside Petroleum vs iTraxx Australia

18/08/2021

Woodside underperforms Aussie stocks after the deal to take over oil and gas production.

An overhead photo of a road submerged by floodwater.

Carbon negative leveraged investment strategies

12/08/2021

In this report we explain how to apply and account for leverage and short positions in the context of carbon footprinting.

Financial candles on a screen.

"Passive" money and new thermal coal mine builds

29/07/2021

In this report, we explore the passive investments made in the relationship between Adani and Carmichael.

Factories emitting pollution.

Fidelity and the oil sands pudding

28/07/2021

Fidelity has an outsized role to play in green house gas emissions impact.

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