Industry Voice: Pricing ESG risks in credit markets — through volatility, our conviction confirmed
Industry Voice: Pricing ESG risks in credit markets — through volatility, our conviction confirmed To analyse credit risks with greater precision, we developed a pricing model in 2017 to capture the influence of ESG factors on credit spreads. Today, we revisit our study to understand the impact that 2020 has had on that relationship. Sponsored by Federated Hermes Back in 2017 we analysed the link between ESG factors and credit spreads [1] in an effort to refine our ability as fixed income investors to more accurately price factors beyond traditional operating and financial risks. We were a...
Source: professionalpensions.com