Insights

Our analysis highlights how extreme heat presents rising risks for many chipmakers that are hard to model, but critical for investors to evaluate at a fab-specific level given their financial materiality

Investors need to sidestep the politicisation of climate change and focus their analysis and language on its rising financial implications for companies and, ultimately, asset owners

We perceive a shift in focus in the region towards economic resilience, solutions to AI’s environmental challenges and financially material insights from sustainability analysis

US wildfires stand out in our analysis for having led to credit events in the utilities sector, but the timing and extent of bond repricing is found to depend on jurisdiction

Measuring impact through investments in environmental and social solutions

Research and satellite data, alongside direct engagement, can help investors understand which operators are navigating the regulatory risks associated with fugitive methane emissions and seizing the financial opportunities from monetising captured gas

As markets test the new Federal Reserve Chair’s resolve amid persistent inflation, rising long-dated US Treasury yields are amplifying duration risks for credit investors

Desalination has an increasingly strategic role in meeting rising water demand and enhancing water resilience amid more widespread droughts

Prepayment risk is rising in mortgage-backed securities as AI starts to make refinancing easier, but protection can be sought in certain loan groups

Why we believe the fragmented global high yield market lends itself to fundamentals-driven, relative value-based approaches to investing

Impax’s analysis of key sustainability-related themes disrupting the Consumer sector and their impact across a set of sub-industries

In our 2026 report, we bring to life how we identify and manage sustainability-related risks and opportunities across our investments, introduce our first nature-related disclosures, and spotlight where we are identifying investment opportunities in climate adaptation.

Potentially major disruption to global sugar cane production does not appear to be fully reflected in bond prices, based on our analysis

Four themes are driving greater corporate focus on climate-related risks and expanding the opportunity set for innovative solutions providers

In this paper, we outline why only a portion of the AI buildout belongs within our Environmental Markets taxonomy and how we determine investment eligibility

Conflict in the Middle East has further enhanced the competitiveness of renewable energy, but investors must remain selective

In this paper, we discuss four themes that we believe are helping to shape the opportunity set for global equities investors as we approach the second half of 2026

In this paper, we share our perspectives on each of the main sub-asset classes that we focus on within fixed income and identify key watch items for the second half of 2026

The failures of First Brands and Tricolor in late 2025 exposed structural fragilities within private credit that have since been confirmed by rising defaults and strained liquidity

The need to enhance resilience to the impacts of climate change is driving an expanding opportunity set for investors, particularly within water infrastructure and efficiency