Bonds

Catastrophe bonds, or cat bonds, are attracting more interest from investors looking for opportunities in the fast-growing insurance linked securities. We meet some of the players in this space to understand how the sector is developing.

There is scope to replicate the concept of the Ecuador debt-for-nature swap, according to Stefan Wandrag, who was the deal-lead for Climate Fund Managers.

APG Asset Management, on behalf of Dutch pension giant ABP, has led the investment in the bond which will focus on offshore biodiversity and sustainable shipping.

Sustainable bonds – including green, social and sustainability-linked bonds – are seen by investors as a key tool for climate transition. But better standards are needed to create a level playing field.

Perceived lack of investment products highlighted as the main barrier to social bond investing, according to a survey of more than 700 investment professionals.

Stalling progress for the sector reflects wider bond market jitters in 2022 and a reluctance to invest in long duration green bonds at a time of economic uncertainty, Morningstar research finds.

Launched by the Media Development Investment Fund, the Pluralis Media Anleiheb bond will back media companies providing independent reporting in Central, Eastern and South-Eastern Europe.

The initiative aims to change the financial sector’s perception of water: not as an isolated sector but as an entry-point for multi-sector, local and regional impact investment opportunities.

The fund will be managed by Insight Investment and target emerging market debt investments with potential to generate positive and measurable impact as well as a financial returns

The Meaningful Impact High Yield fund is the first high yield impact fund to launch in the Nordics and has raised €48.5m at first close, according to Norselab