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According to search
QN-2654, the global mandate will follow the Bloomberg Barclays MSCI Global Aggregate ex-CHF Sustainability Index. As for the Swiss bonds mandate (search
QN-2655), the active segregated strategy will follow the SBI AAA-BBB 1-5 Total Return Index.
The global mandate, also an active segregated strategy, is expected to invest in global corporate and government bonds, hedged to the Swiss franc, it said, adding that portfolio currencies are to be fully hedged – hedge ratio must be between 95%-105% at all times.
According to the notices, up to 5% of assets in off-benchmark listed securities – subject to limitations, such as a minimum rating of BBB- and the issuer being a corporate – will be permited. The use of collective investment schemes (i.e. implementing the mandates via pooled vehicles), however, will not be permitted.
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Jan 06 2021 Read 973 Times
Author: David Graham on behalf of Uniper Technologies
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The Large Combustion Plant BREF requires existing plants to comply with tougher restrictions on emissions to air that are associated with the application of Best Available Techniques. The BREF also introduces new compliance and monitoring requirements for a wider range of pollutants than considered previously.
The European Union’s Industrial Emissions Directive (IED) came into force for existing plant on 1 January 2016 [1]. All combustion plant with an aggregated thermal input ≥ 50 MWth must comply with the specified general permitting requirements within the IED and are required to implement Best Available Techniques (BAT) for controlling emissions to air. Medium Combustion Plant