Magazine Issues»December-January 2014

D OrrockThe election results in Germany have now put the much discussed roll-out of an EU Financial Transaction Tax (FTT) in Europe firmly back on the EU agenda, says Denis Orrock of GBST Capital Markets.

GymnastThe calibration of bond risk under Solvency II could undermine the financial stability and financing of businesses and sovereigns. Philippe Foulquier and Liliana Arias at Edhec explore the asset-liability mechanisms and long-term guarantee assessments.

F PassantAbout 6% of all European sustainable responsible investment (SRI) assets are held by retail investors, even though savers in France and the UK, for example, say they believe environmental, social and governance (ESG) factors are important when investing.