To give an indication of how the green economy is doing, we created a heat map showing the one month return (30/10/2020 - 29/11/2020) of all Main Market LSE Green Economy Marked companies side-by-side. Green stocks average growth of +10.61% shows promise in the growing market!
Fund Update!
Before Rebalancing (30/10/2020-30/11/2020):
Fund Return: +1.26%
FTSEAS Return: +14.00%
Overall Fund Value: £1,012,583
After Rebalancing (30/11/2020-31/01/2021):
Fund Return: +7.69%
FTSEAS Return: +2.80%
Overall Fund Value: £1,088,544
#ES20070#Team18
Prime Minister Boris Johnson & EU Commission President Ursula von der Leyen have agreed to continue Brexit talks "to see whether an agreement can even at this late stage be reached" and both parties say in a joint statement "it is responsible at this point to go the extra mile"
Although the market dropped, all of our assets increased in value this week which is great news. Calisen saw the strongest growth and this is because it has gone private and been taken over by a consortium of private equity funds for £1.4bn.
#ES20070#Team18
Week 6 Update (04/12/2020-11/12/2020):
Fund Performance: +5.12%
FTSEAS Performance: -0.59%
Asset of the Week: Calisen +20.42%
Great performance from the fund this week outpacing the FTSEAS. Much of the gains come from stocks added in the rebalancing such as Calisen.
#ES20070
It is clear Brexit negotiations have negatively impacted UK equities this week, with a lack of progress being made. Based on this it is no surprise bonds saw strong growth as investors are hedging against the current uncertainty of a no-deal Brexit.
3 Inflation
Are prices going to rise too quickly, or too slowly?
4 Equities
Are high valuations sustainable?
5 The dollar
Will it continue to weaken?
(2/2)
#ES20070#JPMorgan#Team18
J.P Morgan believe the global economy will continue to heal through 2021. This recovery is said to be shaped by five big forces:
1 The virus
Can a vaccine be the “silver” bullet that many hope?
2 Policy
Which governments and central banks will provide enough support?
(1/2)
An interesting article that support's our reasoning behind investing in gold to hedge against the current Marco-economic risks associated with the UK and US equity markets.
we think that it is important that a uniform ESG rating criteria is established to reduce the disparities within ESG Ratings. #es20070#ESG#esgrating#ethicalfund
@GreenFortuneFnd We must win the Manston Airport Judicial Review or airport owners will continue to push through more aviation expansion.This isn’t just about Manston it’s about every airport in the UK, we must fund this fully soon as possible please help https://t.co/q0CMO5KwjM
We've reached financial close on the Protos EfW facility, a joint venture with @Covanta and @GreenInvGroup. The facility supports the Government’s drive to reduce reliance on landfill and treat more non-recyclable waste in the UK.
#Sustainability#energy#partnership
With one problem seemingly passing over the hump (COVID vaccine) another stands directly in the path to recovery for the UK economy. With time running out, what affect will this have on the economy? More importantly, what could be the potential impacts on green stocks?
Britain and the European Union are seeking a post-Brexit trade deal. Here are some of the potential pressure points of a failure to reach agreement on trade https://t.co/Rsxv0uoQrg ⬇️by @GuyReuters and @ReutersChalmers 1/8
Even without strong action by Congress, @JoeBiden has a wide array of tools—from expanding renewables on federal lands to pushing the financial industry on climate change—that could help the US decarbonize its electricity sector by 2035. @MichaelGerrard: https://t.co/9YnmvSp4YM
First person to receive Pfizer Covid-19 vaccine is Margaret Keenan, 90, as UK begins biggest vaccination programme in NHS history https://t.co/7boFS0Ll6C
Trevor Greetham of Royal London Asset Management on yesterday’s fall in the pound on Brexit no-deal fears. ‘What we’ve had today is a dress rehearsal for a no-deal outcome. It reminds me of 2016 and the referendum ...” @FT https://t.co/j6bZmX58MO
Brexit no-deal means near-term shock to UK economy of around 1.5% of GDP, better than OBR forecast of 2% hit, but the last thing we need on top of COVID. Plus difficulties, delays & costs of tariffs, customs, standards & passports. https://t.co/uDDysyfQhT Via @Bloombergquint