Private equity vows to help the world. Lenders want proof

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LONDON: Words can be cheap in the market for loans, now some lenders want to change that. In recent years, borrowers have been able to get a reduction in their interest costs in return for meeting targets linked to environmental, social and governance (ESG) goals. That trend has been turbocharged this year by private equity … Read more

Thematic ETFs boom, drawing punters and concern

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LONDON: From cat food to cannabis, it’s boom time for quirky ETFs offering the chance to punt on niche themes in fast-growth sectors, but their huge gains are unnerving some who see them as another price-inflated asset that may threaten market stability. While Reddit “gamestonks” have grabbed recent headlines, retail investors are also credited with … Read more