By Tobias Adrian, Tara Iyer and Mahvash S. Qureshi There’s a growing interconnectedness between virtual assets and financial markets. Crypto assets such as Bitcoin have matured from an obscure asset class with few users to an integral part of the digital asset revolution, raising financial stability concerns. Crypto assets are […]
risks
Lack of investment rigour risks creating an ESG bubble
The writer is an economist and non-executive director of Chevron A wall of money is driving equity valuations to record highs across broad markets, spurred by pandemic stimulus programmes and low interest rates. Stocks targeted by investors for environmental, social and governance reasons have been particular beneficiaries from the deluge. […]