EU Paints its Capital Markets Green

Clement K. Miller, CFA |
Wilmington Wire
Environmental technology concept. Sustainable development goals. SDGs.

July 22, 2021—For decades, the European Union (EU) has led the world in pursuing sustainable finance policies, particularly in carbon reduction. Within Europe, sustainability objectives enjoy broad support across the left, right, and center.  Last year, the European Commission ratcheted up these efforts by incorporating its “European Green Deal” into its massive multi-year budget program, alongside efforts to boost European competitiveness in the digital space.

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Global Equities: What is Driving Regional Returns Dispersion?

Clement K. Miller, CFA |
Wilmington Wire
Blue double exposure of money coins stacking with bar graph for financial and investment business concept.

June 23, 2021—Over the last three months, global equity share prices have risen, validating our pro-cyclical equity positioning. It is worth noting that within global equities, we have seen a massive dispersion of return performance across regions/countries (see the chart below comparing trailing three-month return performance for various regional exchange traded funds (ETFs) and their larger component stocks).

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India’s COVID-19 Surge—Dimensioning the Impact on EM Equity Returns

Clement K. Miller, CFA |
Wilmington Wire
Coronavirus Outbreak and Public Health Risk Disease, Lockdown and Quarantine, State Of Emergency Concepts

May 10, 2021—We have all seen the horrifying images coming out of India. The recent wave of COVID-19 illnesses, deaths, and lockdowns are having a severe negative impact on the operations of Indian business, including those listed on the Mumbai Stock Exchange. The human toll of the India outbreak has been devastating and heartbreaking. Moreover, the situation may worsen before it stabilizes, especially if vaccinations do not further accelerate.

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