RI Inside research

The aim of our RI strategy is twofold: integrate Responsible Investment (RI) practices in each of our expertises and offer pure and innovative RI products.  Our RI Inside team regularly publishes RI research and highlights.

PLEASE NOTE THAT THE INFORMATION CONTAINED IN THIS PART OF THE WEBSITE IS FOR PROFESSIONAL ADVISERS OR INSTITUTIONAL INVESTORS.

RI Inside Review (full version) (March 2010)

RI Inside Review articles (March 2010) 

 Climate Theme Bonds: a major new Asset Class brewing by Christopher Iggo, CIO of AXA Fixed Income

Chris Iggo, who chaired the conference, opened with thought-provoking questions around:

- The private sector’s ability to provide the necessary funding to mitigate and adapt to climate change, and the potential need for contributions from the public sector (as major studies have suggested that private sector investors will likely be responsible for financing over 85% of the global transition to a low-carbon economy);
- The ability of clean investments to deliver the same level of returns as those delivered by mainstream investments;
- The importance for long-term, active asset managers of looking for responsible investments targeted at global climate challenges

Climate Theme Bonds: a major new Asset Class brewing (PDF) 715Kb

 Securitisation of Renewable Energy project debt & green bonds  by Jason Langley, Corporate Finance manager at AXA Real Estate

Jason Langley then presented his views on the securitisation of renewable energy projects which served as a warm up to his keynote address to the London Accord Spring Conference on May 18th:

- Renewable energy assets have a suitable cost profile for debt finance,

- How the combination of predictable income – from feed-in tariffs – coupled with low variable costs means that significant levels of debt can be used to finance the high upfront costs of the renewable energy plant.

Securitisation of Renewable Energy Project Debt & Green Bonds (PDF) 153Kb

 Biodiversity and economic growth: a fusional relationship by Aude Brezac, Responsible Investment analyst at AXA IM

Aude’s article was distributed during the conference. It highlights the value biodiversity represents for a large number of industries and service providers who are essential contributors to the engine of economic growth. She also pinpoints the risks and opportunities a decline in biodiversity and a breakdown in the supply of ecological services can generate.

Biodiversity and economic growth: a fusional relationship (PDF) 1156Kb

Biodiversity and economic growth: A fusional relationship (Summer 2010)

Corporate Restructuring: Handle with Care (Autumn 2009)

Can corporate governance take partial credit for fixed income performance? (Spring 2009)

Improving the Corporate Governance of Sovereign Wealth (Spring 2008)

Hidden Value of Human Capital (Winter 2007 /2008)

The AXA WF Framlington Human Capital Fund shows you can be innovative without relinquishing responsibility, and align products with what society needs.

Human_is_Capital (April 2009) (PDF) 2270Kb

The quality and effectiveness of human capital management is a leading indicator of productivity gains and corporate value creation.

Under the Microscope: Discovering Alpha in Human Capital Management (Q1 2009) (PDF) 801Kb