Please see our press release at the website of Van Lanschot Kempen
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At Kempen, integrating ESG criteria is an integral part of all our investment processes. This can manifest itself in what are on the face of it some surprising ways. Our high-dividend equity strategies, for example, have significant exposure to high-dividend payers in the utilities sector, which have long been major polluters.
August is traditionally a month in which little happens on the financial markets. According to market wisdom there’s no point in coming back until September, but this year was an exception to the rule. The MSCI global equity index posted a gain of 6.0%. Japanese equities rose in price by as much as 8.2%, followed by US equities at 7.0%, with European equities and emerging market equities lagging far behind with pluses of 3.4% and 2.1%. The positive climate for risky assets led to tighter spreads on Southern European government bonds, Investment Grade and High Yield credits and emerging market debt.
Following the Jackson hole meeting of Central bankers at the end of August there has been some talk about the mandates of Central banks, why they matter and what the impact of changing them can be.
