Hints and tips:
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...For example, the SSGA SPDR MSCI World UCITS ETF tracks the MSCI World index for an ongoing charge of 0.12 per cent, while the Xtrackers S&P 500 UCITS ETF tracks the S&P 500 index of US stocks for 0.06 per...
...But MSCI’s correlation with both S&P and Sustainalytics is below 50%. The S&P and Sustainalytics correlation is higher but still lower than expected . . ....
...Apply P&G’s trailing multiple and the business could be worth as much as $49bn. That would be a stretch. The US equity capital markets are in a deep freeze....
...Industry leader Albemarle advanced 6 per cent, while close competitor SQM jumped 48 per cent in the past 12 months....
...P&G said Astra Agro Lestari sold palm materials to Wilmar, one of the consumer goods group’s suppliers....
...The First Trust and L&G funds in the list have notably fewer holdings, but it’s the HAN S&P Global Clean Energy Select HANZero Ucits ETF (ZERP) that is most concentrated by this metric, with just 30 holdings...
...The GICS industry group in which Tesla is assessed (Automobiles & Components) experienced an overall increase in its average S&P DJI ESG Score....
...In the supply chain rankings of 2007, P&G, Toyota and Walmart all had a peer ranking score at least double that of Apple....
...The divestment, coupled with the hit from the Covid-19 pandemic, has meant that Coty’s $4.6bn in annual revenue in its last financial year to end June was basically the same as before the P&G deal....
...I think this too (at least the “E” and “S” parts; there may be hope for “G”), but it means a lot more coming from him, and he does not hold back....
...P&G has come under fierce criticism from some investors over its role in deforestation to make products such as toilet paper, even as it has pledged to fund tree restoration projects....
...“Tesla’s bitcoin investment does not have an impact on its ESG score,” said S&P Global....
...The news buoyed the S&P 500, which closed up 2.7 per cent, as investors look for signs that better treatment options could embolden governments to open up locked-down economies....
...Likewise, the recovery in the last three weeks is largely due to relief that the hit might not be as bad as feared (e.g....
...Norwegian government support for the oil industry is nothing new, but the materiality impresses even us and once again underlines the low-risk element of Norway E&P investments (if they have quality assets...
...jonathan.guthrie@ft.com Letters in response to this column: Focus on the haystack — not on the needles / From Brendan P Geary, Washington, DC, US Active v passive: put more faith in market forces / From...
...Unilever “needs to reinvent itself” and “needs to look more like P&G” by adding “later income cycle adopted products.”...
...We believe this will likely remain supportive of improving E&P share prices....
...(e.g Allianz offers 6.7% for 2020)....
...Last year billions of pounds were pulled from Schroders, the largest UK manager by market value, and its rivals Standard Life Aberdeen and M&G....
...We cross-check our PT with a 2024E P/E multiple discounted to present value; our PT would imply a 15x P/E multiple vs 23.0x developed Sx pharma 12m forward P/E average....
...Sit back, relax and enjoy the first day of the V-shaped recovery. ... Which is not to suggest that - ... Neverthele - ... Yet let’s not overlook the fact tha - ... If you’ll just let me fini - ......
...Here’s Commerzbank: Equity markets staged a decent rally last week with e.g. the S&P 500 up 10.4% w/w, and weekly trough to peak performance exceeding 20%....
...The energy transition strategy update in March is key to becoming more positive on the stock, absent a V-shaped recovery for their O&G customers. Glaring value?...
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