Insights

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

The recent surge in UK government bond yields reflects a convergence of quantitative tightening, energy prices and political instability, and has implications for investors in sterling-denominated credit – and possibly beyond

Disruption from AI and a wall of maturing debt provide grounds for credit investor caution towards software – a sector that forms only a small share of the high yield market

In our ninth annual report, we fully integrate our response to the updated UK Stewardship Code.

The economics of many energy management and efficiency solutions look more compelling as elevated oil and gas prices highlight the global economy’s enduring vulnerability to energy shocks

Technological solutions are helping farmers address rising water and climate-related risks, improving yields and reducing the industry’s environmental footprint

Conflict in the Middle East has again exposed Europe’s vulnerability to imported oil and gas, underscoring the urgent need for investment in a more resilient, renewables-led grid

Exploring the role of asset-backed and commercial mortgage-backed securities in data centre finance