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Contents


22 34


ESG in fixed income A look at how sustainable strategies are influencing the bond markets.


EM Debt How has Covid impacted the investment case for emerging market bonds? We brought a panel of experts together to find out.


44 6 News


10 Noticeboard 11 The Big Picture 12 Industry view 30 ESG: Industry view 32 ESG: News 54 The final countdown


50 Infrastructure


Long-term assets for long-term investors.


Impact investing How are institutional investors using their capital to make positive environmental or social impacts? We asked the people who are doing it.


Issue 103 | May 2021 | portfolio institutional | 5


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56