Day: October 5, 2020

Climate Change Investing May Not Be Your Thing, But A 78% YTD Return Is

There is an absolutely gigantic wall of money moving into environmental stocks and it is only going to get bigger.

The European Commission, European Central Bank (ECB), and China have all announced major policy initiatives in the past fortnight underlining their commitment to reducing carbon emissions.

This will require trillions of dollars of investment in new greener technologies if countries are to meet their targets and much of that money will flow into private companies. Investors have been piling into environmental equities looking to profit from this trend, driving share prices higher.

The strategy has been a standout performer through the Covid-19 pandemic. A basket of 56 global stocks which Saxo Bank highlighted in

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Council Post: Trade Finance Receivables: A Growing Asset Class

Co-Founder & Co-CEO at Drip Capital, defining the strategic vision and overseeing product, business development and global operations.

International trade has increasingly become a key force behind global GDP growth. With steady increases in transaction size as well as payment periods, a lot of this trade has become reliant on trade finance facilitation by lenders. In fact, up to 80% of international trade requires some kind of financing.

Since the earliest days of commerce, trade has primarily been financed by institutions and individuals with deep pockets. These financial institutions have been focused heavily on financing large businesses and trading companies that have a reasonable assurance of success.

As a result, small and medium-sized businesses (SMBs) have been left out of the trade finance circuit, despite contributing significantly to global trade. The Asian Development Bank estimated that nearly 45% of SMB trade finance applications are rejected by banks and

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Allianz Adds 3 From Argo to Cyber Insurance Team

Allianz Global Corporate & Specialty (AGCS) has made several hires to strengthen its cyber insurance underwriting team: Tresa Stephens as regional product leader; Josh Navarro, executive underwriter; and Ed Lee, underwriting specialist.

Based in New York, Stephens will lead the Northeast region, executing a national cyber strategy and developing underwriting and service capabilities for distribution partners and clients. She will also be responsible for cyber training across lines of business. Stephens joins from Argo Group, where she led the East region Cyber practice as an underwriting manager for Technology E&O and Cyber. For two years prior, she was an executive underwriter for Financial Lines with Chubb.

Located in Chicago, Navarro will execute underwriting strategy in the Midwest region by developing relationships with producers and clients. He also will support key growth initiatives in line with growth and regional partnership strategies. Previously, Navarro was assistant vice president, underwriting manager with Argo

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7 Money Moves You Should Make After Retiring

Building enough wealth to sustain yourself in retirement is a monumental achievement. But financial planning doesn’t end when you no longer rely on a paycheck.

a woman sitting at a table eating food

© Jacob Lund /

The way you handle your money in retirement is as important as it is before you exit your job.

Once you leave the workforce, it can be harder to bounce back from financial setbacks. You’ll need to stay on top of your finances to make sure your savings and retirement income last for the remainder of your life.

Making the following financial moves upon retiring will help ensure you don’t outlive your money.

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1. Review estate planning documents

After retiring, it’s a good idea to review and update your estate planning documents.

One of the most important of these documents is your will. As

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