{"id":560325,"date":"2021-02-23T04:28:46","date_gmt":"2021-02-23T04:28:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/"},"modified":"2021-02-23T04:28:46","modified_gmt":"2021-02-23T04:28:46","slug":"what-the-markets-are-doing-on-23-february-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/","title":{"rendered":"What the markets are doing on 23 February 2021"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a> <strong>ESG investing is great \u2014 if you don\u2019t mind tax avoidance and tech monopolies:<\/strong> ESG investment\u2019s goal is to tackle issues such climate change and board diversity, but some red flags suggest otherwise with taxation being a \u201cblind spot\u201d for the industry, <a href=\"https:\/\/www.ft.com\/content\/486afe00-5347-4f23-ab30-fb2ab901b2cb\">the Financial Times<\/a> says. The giant tech companies that dominate ESG funds are adept at avoiding taxes yet bad at creating jobs, leading Vincent Deluard, global macro strategist at New York brokerage StoneX, to call for more scrutiny on how ESG ratings are applied. \u201cESG funds are unconsciously worsening the social and political crisis associated with automation, inequality and monopolistic concentration,\u201d he told the paper.<\/p>\n<p><strong>Assets managed by ESG ETFs have more than trebled in the space of a year:<\/strong> AUM stood at USD 174 bn at the end of 2020, up from USD 59 bn a year earlier, according to ETF data provider TrackInsight.<\/p>\n<p><strong>Musk\u2019s musings catch up <\/strong><strong>with Bitcoin<\/strong><strong> surge:<\/strong> Bitcoin prices dropped 9% yesterday after Elon Musk <a href=\"https:\/\/twitter.com\/elonmusk\/status\/1363021091086561285?ref_src=twsrc%5Etfw\">tweeted<\/a> earlier this week that the currency may be overvalued, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-02-22\/bitcoin-pulls-back-from-record-as-prices-give-up-weekend-gains?srnd=premium-middle-east&sref=mmeFTDW1\">Bloomberg<\/a> reports. Bitcoin was up by 60% in February alone, prompting observers to warn of the formation of a Bitcoin bubble propped up by excess liquidity. Yesterday\u2019s drop underscored the currency\u2019s volatility, of which sceptics say we can expect more going forward.<\/p>\n<p><strong>Beijing is gradually reining in its monetary support, leading investors to dump<\/strong><strong> Chinese equities<\/strong> and drive the stocks to register their biggest decline in six months yesterday, the <a href=\"https:\/\/www.ft.com\/content\/32c8ece1-1e7b-4954-808b-6f92cd3b930c\">Financial Times<\/a> reports. China\u2019s CSI 300 Index dropped more than 3% from all-time highs last week.<\/p>\n<div class='stock-ticker-panel'>\n<table class='table stock-ticker-table table-striped markets-table'>\n<tbody>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>EGX30 <\/strong><\/p>\n<\/td>\n<td>\n<p>11,550<\/p>\n<\/td>\n<td>\n<p>+1.1% (YTD: +6.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.63<\/p>\n<\/td>\n<td>\n<p>Sell 15.73<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>USD at CIB<\/strong><\/p>\n<\/td>\n<td>\n<p>Buy 15.63<\/p>\n<\/td>\n<td>\n<p>Sell 15.73<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-none'>\n<td class='td-list-none'>\n<p><svg class='e-icon e-TypeMarkets'><use xlink:href='#e-TypeMarkets'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Interest rates CBE<\/strong><\/p>\n<\/td>\n<td>\n<p>8.25% deposit<\/p>\n<\/td>\n<td>\n<p>9.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td>\n<p>9,078<\/p>\n<\/td>\n<td>\n<p>-0.1% (YTD: +4.5%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>ADX<\/strong><\/p>\n<\/td>\n<td>\n<p>5,662<\/p>\n<\/td>\n<td>\n<p>+0.1% (YTD: +12.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>DFM<\/strong><\/p>\n<\/td>\n<td>\n<p>2,543<\/p>\n<\/td>\n<td>\n<p>-1.0% (YTD: +2.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>S&P 500<\/strong><\/p>\n<\/td>\n<td>\n<p>3,877<\/p>\n<\/td>\n<td>\n<p>-0.8% (YTD: +3.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td>\n<p>6,612<\/p>\n<\/td>\n<td>\n<p>-0.2% (YTD: +2.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 66.29<\/p>\n<\/td>\n<td>\n<p>+1.6%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Natural gas <\/strong>(Nymex)<\/p>\n<\/td>\n<td>\n<p>USD 2.95<\/p>\n<\/td>\n<td>\n<p>-0.1%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-up'>\n<td class='td-list-up'>\n<p><svg class='e-icon e-TypeMarkets11'><use xlink:href='#e-TypeMarkets11'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>Gold<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 1,811.20<\/p>\n<\/td>\n<td>\n<p>+0.2%<\/p>\n<\/td>\n<\/tr>\n<tr class='tr-row-down'>\n<td class='td-list-down'>\n<p><svg class='e-icon e-TypeMarkets1'><use xlink:href='#e-TypeMarkets1'><\/use><\/svg><\/p>\n<\/td>\n<td>\n<p><strong>BTC<\/strong><\/p>\n<\/td>\n<td>\n<p>USD 52,227.84<\/p>\n<\/td>\n<td>\n<p>-8.7%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p><strong>The EGX30 rose 1.1% yesterday<\/strong> on turnover of EGP 1.63 bn (11.3% above the 90-day average). Foreign investors were net sellers. The index is up 6.5% YTD.<\/p>\n<p><strong>In the green: <\/strong>Eastern Company (+3.0%), Fawry (+2.5%) and Cleopatra Hospital (+2.2%).<\/p>\n<p><strong>In the red: <\/strong>Orascom Investment Holding (-2.7%), Sodic (-1.4%) and Alexandria Mineral Oils Company (-1.2%).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ESG investing is great \u2014 if you don\u2019t mind tax avoidance and tech monopolies: ESG investment\u2019s goal is to tackle issues such climate change and board diversity, but some red flags suggest otherwise with taxation being a \u201cblind spot\u201d for the industry, the Financial Times says. The giant tech companies that dominate ESG funds are [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7210],"tags":[147,72,7229,2108,119,122,3767,69],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560325","post","type-post","status-publish","format-standard","hentry","category-planet-finance","tag-climate-change","tag-enterpriseam","tag-esg","tag-etfs","tag-financial-markets","tag-planet-finance","tag-stonex","tag-tax","wpautop","entry"],"acf":{"mongo_id":"1251ad06-c479-46f3-9745-0e2e622f2111","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560303],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What the markets are doing on 23 February 2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What the markets are doing on 23 February 2021\" \/>\n<meta property=\"og:description\" content=\"ESG investing is great \u2014 if you don\u2019t mind tax avoidance and tech monopolies: ESG investment\u2019s goal is to tackle issues such climate change and board diversity, but some red flags suggest otherwise with taxation being a \u201cblind spot\u201d for the industry, the Financial Times says. The giant tech companies that dominate ESG funds are [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-23T04:28:46+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"What the markets are doing on 23 February 2021\",\"datePublished\":\"2021-02-23T04:28:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/\"},\"wordCount\":354,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"climate change\",\"EnterpriseAM\",\"ESG\",\"ETFs\",\"Financial Markets\",\"Planet Finance\",\"StoneX\",\"tax\"],\"articleSection\":[\"PLANET FINANCE\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/\",\"name\":\"What the markets are doing on 23 February 2021 - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2021-02-23T04:28:46+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"What the markets are doing on 23 February 2021\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"What the markets are doing on 23 February 2021 - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/","og_locale":"en_US","og_type":"article","og_title":"What the markets are doing on 23 February 2021","og_description":"ESG investing is great \u2014 if you don\u2019t mind tax avoidance and tech monopolies: ESG investment\u2019s goal is to tackle issues such climate change and board diversity, but some red flags suggest otherwise with taxation being a \u201cblind spot\u201d for the industry, the Financial Times says. The giant tech companies that dominate ESG funds are [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2021-02-23T04:28:46+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"What the markets are doing on 23 February 2021","datePublished":"2021-02-23T04:28:46+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/"},"wordCount":354,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["climate change","EnterpriseAM","ESG","ETFs","Financial Markets","Planet Finance","StoneX","tax"],"articleSection":["PLANET FINANCE"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/","url":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/","name":"What the markets are doing on 23 February 2021 - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"datePublished":"2021-02-23T04:28:46+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2021\/02\/23\/what-the-markets-are-doing-on-23-february-2021\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"What the markets are doing on 23 February 2021"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":579491,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/11\/02\/esg-has-a-problem-when-it-comes-to-ems\/","url_meta":{"origin":560325,"position":0},"title":"ESG has a problem when it comes to EMs","author":"enterpriseam admin","date":"2 November 2022","format":false,"excerpt":"Why are ESG investors turning their back on EMs? Worries about risk in emerging markets is leading ESG investors to shun them, according to the Financial Times. In theory, ESG investors should care about improving environmental and ethical standards in emerging-market business practices and production lines. But in practice, many\u2026","rel":"","context":"In &quot;Macro picture&quot;","block_context":{"text":"Macro picture","link":"https:\/\/enterpriseam.com\/egypt\/category\/explainers\/macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/11\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":563315,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/06\/27\/investors-pour-into-esg-bond-funds-in-2021\/","url_meta":{"origin":560325,"position":1},"title":"Investors pour into ESG bond funds in 2021","author":"enterpriseam admin","date":"27 June 2021","format":false,"excerpt":"Demand for ESG bond funds is soaring: Some USD 54 bn was invested in ESG bond funds in the first five months of 2021, theFinancial Times reports, citing figures from data provider Morningstar. This compares to the almost USD 68 bn invested in such funds across the whole of 2020.\u2026","rel":"","context":"In &quot;PLANET FINANCE&quot;","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":551512,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/22\/is-esg-sovereign-debt-next-in-line-for-the-guillotine\/","url_meta":{"origin":560325,"position":2},"title":"Is ESG sovereign debt next in line for the guillotine?","author":"enterpriseam admin","date":"22 June 2022","format":false,"excerpt":"ESG equities have been under fire \u2014 but ESG bond funds appear more resilient: While some investors have turned their backs on ESG-focused equity funds amid greenwashing criticism, ESG funds that track bonds don\u2019t appear to have been tarred with the same brush.The difference in performance between ESG equities and\u2026","rel":"","context":"In &quot;Finance&quot;","block_context":{"text":"Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/6\/479.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":558945,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/03\/what-happened-internationally-in-2020\/","url_meta":{"origin":560325,"position":3},"title":"What happened internationally in 2020","author":"enterpriseam admin","date":"3 January 2021","format":false,"excerpt":"2020 in review on the global fronts \u2014 rethinking portfolios, Fed stimulus, tech, and ESG: Bloomberg recapped the trends of one of the most interesting years in global investing that challenged the relationship between stocks and bonds, and the resilience of tech and ESG. The business information service cites several\u2026","rel":"","context":"In &quot;YEAR IN REVIEW&quot;","block_context":{"text":"YEAR IN REVIEW","link":"https:\/\/enterpriseam.com\/egypt\/category\/year-in-review\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/22.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":553369,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/01\/esg-social-gender-and-sustainable-development-bonds-come-to-egypt\/","url_meta":{"origin":560325,"position":4},"title":"ESG, social, gender, and sustainable development bonds come to Egypt","author":"enterpriseam admin","date":"1 December 2021","format":false,"excerpt":"Egypt\u2019s bond menu now includes everything from ESG to women\u2019s empowerment: Companies in Egypt will soon be able to list social, ESG, gender equity and women\u2019s empowerment, and sustainable development bonds on the EGX after the Financial Regulatory Authority (FRA) approved (pdf) yesterday amendments to the executive regulations of the\u2026","rel":"","context":"In &quot;Capital markets&quot;","block_context":{"text":"Capital markets","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/capital-markets\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/195.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":565001,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/11\/you-cant-just-say-nice-green-things-and-call-yourself-an-esg-investor\/","url_meta":{"origin":560325,"position":5},"title":"You can\u2019t just say nice green things and call yourself an ESG investor","author":"enterpriseam admin","date":"11 March 2021","format":false,"excerpt":"New European Union (EU) rules to regulate ESG investment products and prevent greenwashing went into effect yesterday. The EU\u2019s new rules are part of a wider series of green finance regulations that will see investment products categorised as sustainable or non-sustainable, reports The Financial Times. In the first stage, products\u2026","rel":"","context":"In &quot;Green economy&quot;","block_context":{"text":"Green economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/green-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/451.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=560325"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/560325\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/560303"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=560325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=560325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=560325"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=560325"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=560325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}