South China Morning Post (May 25)
Several factors help explain “the outperformance of Japanese shares.” Improved corporate governance and the end of deflation are important, but “the explanation with the most resonance for investors is Japan’s role as a safe haven in an increasingly risky world. This has taken on added significance because of concerns about the deepening geopolitical rift between the US and China, as well as economic and regulatory risks in China itself.” Japan boasts “the only market in Asia big and liquid enough to offer an alternative to China while still providing exposure to the reopening of its economy.”
Tags: Big, China, Corporate governance, Deflation, Economic, Exposure, Factors, Geopolitical rift, Investors, Japan, Liquid, Outperformance, Regulatory risks, Reopening, Risky world, Safe haven, Shares, US
Institutional Investor (November 23)
“Plan fiduciaries investing according to environmental, social, and governance principles may be breathing a sigh of relief after the Department of Labor finalized the rule allowing retirement plans to take these factors into consideration.” The new DOL rules “reversed two regulations issued under the Trump administration, which banned plan fiduciaries from investing in ‘non-pecuniary’ instruments.”
Tags: Banned Non-pecuniary, Department of Labor, ESG, Factors, Fiduciaries, Investing, Regulations, Relief, Retirement plans, Reversed, Rule, Trump administration
Washington Post (September 29)
“Climate change is rapidly fueling super hurricanes. An unprecedented number of storms rated Category 4 or stronger have lashed the U.S. shoreline in recent years.” Factors include “the warming waters…that give hurricanes more energy to release through crushing winds and pounding waves.” Moreover, climate change may be slowing the movement of storms, giving them “a greater opportunity to strengthen and destroy as long as day-to-day conditions remain ripe.”
Tags: Category 4, Climate change, Energy, Factors, Fueling, Hurricanes, Shoreline, Storms, Super hurricanes, U.S., Unprecedented, Warming, Waters, Waves, Winds
