News

China dominates green bond market

Green_bondsAn effort by Chinese policymakers to establish a sustainable economy has pushed the country to the top of a list of green bond issuers. Chinese issuers now account for more than half the value of green bonds issued by banks, according to research by S&P Global Ratings of the top 200 global banks. “Chinese banks have contributed significantly to the increase in green bond issuance following the government's decision to build a green financial system in China and the subsequent publication of green bond guidelines by the People's Bank of China in 2015,” said the agency in a report. The ratings agency identified regional differences in how green bond investments were spent. In China, pollution prevention and clean transportation gained the largest share, while elsewhere in the world, renewable energy and green buildings accounted for most investment. Despite a rise in issuance, green bonds only account for 0.5% of banks’ total borrowing, according to S&P Ratings’ estimates. The OECD, a grouping of developed countries, has estimated that annual green investment should exceed $4.3 trillion if the world is to limit warming to two degrees. ©2018 funds globla asia

Executive Interviews

INTERVIEW: Operational challenges

Jun 09, 2018

Caroline Higgins of Northern Trust tells George Mitton about A-share inclusion, ETF Connect and why Cayman funds predominate in the region.

INTERVIEW: Making a name

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Formed by a merger in 2012, Old Mutual Global Investors was little-known in Asia. Carol Wong, managing director for Asia-Pacific, is changing that. She talks to George Mitton.

Roundtables

HONG KONG ROUNDTABLE: a long-term project

Jun 09, 2018

Our panel discussed robo-advisers, ETF Connect, and why the mutual recognition of funds (MRF) scheme will take time to develop. Chaired by George Mitton in Hong Kong.

SINGAPORE ROUNDTABLE: Small nation, big ambitions

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Our cross-industry panel discussed fund passporting, robo-advisers and the potential of a new investment structure, the S-Vacc. Chaired by George Mitton in Singapore.