September 27, 2019
In this episode of Synopsis, OMFIF's weekly roundup of news and analysis, Senior Editor Julian Frazer looks back over the most recent articles published on the OMFIF website, including those on Christine Lagarde as she prepares to take up the European Central Bank presidency, troubles at the Reserve Bank of India, and Boris Johnson's special adviser Dominic Cummings. All that, and more besides, coming up next. To receive our newsletters,visit https://thinktank.omfif.org/subscribe.
Articles and other items referenced:
- Lagarde's challenge over ECB revolt
- RBI's waning independence
- A Spad with influence
- Brian McMahon on public pensions
- Scaling up sustainable infrastructure, Singapore
- Peter Praet on ECB policy in New York
- Fighting climate change-related risks with the ADBI in Tokyo
- Lori Rennison of the Bank of Canada in London
Music: Hey Mercy by Pierce Murphy is licensed under an Attribution License.
September 24, 2019
Brian McMahon, BNY Mellon’s senior alternative investment services business development executive in Luxembourg, joins OMFIF Economist Pierre Ortlieb to discuss the shifting nature of public pensions, their changing asset allocations and potential of private markets. The broad-based ‘retailisation’ of private asset classes remains a firm, albeit elusive, goal. The returns they promise are appealing to pension investors across the globe, but costs and valuation issues, among other things, remain significant obstacles.
September 17, 2019
Willem Buiter, special economic adviser at Citi, joins OMFIF’s Ellie Groves to discuss challenges facing the euro area. They assess the implications of a euro area slowdown at a time of high public debt, the role of the US-China trade conflict and the probability of a global recession for advanced economies. They also discuss the European Central Bank's monetary policy announcement, whether monetary policy tools have run their course, and the politics of fiscal stimulus.
September 10, 2019
In the latest episode of our ‘Ahead of the ECB’ series, Marcin Stepan, Head of Programming at OMFIF, is joined by Marcel Fratzscher president of the Berlin-based economic research institute DIW Berlin and Silvia Dall'Angelo, senior economist at Hermes Investment Management. They discuss the economic outlook for Europe, the tools at the disposal of the ECB to counter a downturn and the prospects of restarting quantitative easing. They preview the main political developments in Europe over the coming months as well as implications of global trade tensions on markets and the wider economy.
September 3, 2019
Amidst growing financial fragility, Italy’s government has come apart, creating a renewed period of crisis and uncertainty. Domenico Fanizza, executive director for Italy, Portugal, Greece, Malta, Albania and San Marino at the International Monetary Fund, and Erik Jones, professor of European studies at Johns Hopkins University, join OMFIF’s Sofia Melis for a discussion on Italy’s political crisis. They assess the political and programmatic synergies that could bring together the Five Star Movement and the Democratic Party, and the possible market reaction to failed coalition talks. Further topics include different budget scenarios, as well as the implications of France and Germany’s changed fiscal stances on Italy's 2020 budget.
August 27, 2019
Richard Mattison, chief executive officer of Trucost, part of S&P Global, and Michael Wilkins, head of sustainable finance at S&P Global, join OMFIF's Danae Kryriakopoulou to discuss sustainable finance in capital markets. They look at how environmental, social and governance criteria is being integrated in the investment community, and the crucial role of rating agencies. They outline how S&P is supporting this integration through its inclusion of ESG factors in credit analysis. They also present S&P's ‘ESG evaluation’ tool, which examines broader performance and preparedness.