Latest news with #PortfolioManager
Yahoo
3 days ago
- Business
- Yahoo
Key for Fed Is Retaining Inflation-Fighting Credibility: Misra
JPMorgan Asset Management Core Plus Bond ETF Portfolio Manager Priya Misra believes if the Fed starts the process of cutting rates based on data, inflation forecasts and where the expectations are leading, they will retain their inflation-fighting credibility. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
5 days ago
- Business
- Bloomberg
Key for Fed is Retaining Inflation-Fighting Credibility: Misra
JPMorgan Asset Management Core Plus Bond ETF Portfolio Manager Priya Misra believes if the Fed starts the process of cutting rates based on data, inflation forecasts and where the expectations are leading, they will maintain their inflation-fighting credibility. (Source: Bloomberg)
CNBC
06-08-2025
- Business
- CNBC
What the end of Energy Star could mean for commercial real estate
Most people think of Energy Star as the little blue sticker on their appliances that tells them they will see some measure of energy-efficiency savings on their utility bills. But Energy Star, a public-private partnership administered by the U.S. Environmental Protection Agency, is a lot more than that. Now it is reportedly on the chopping block as part of massive budget cuts proposed by the Trump administration. Roughly 2,500 builders, developers and manufactured housing firms participate in the Energy Star Residential New Construction program, which sets strict energy-efficiency guidelines required to earn its designation. Last year, more than 8,800 commercial buildings earned the Energy Star, saving more than $2.2 billion and preventing more than 5.7 million metric tons of emissions, according to the Energy Star website. Even more critical to property owners, Energy Star also includes a software platform that is the fundamental infrastructure for energy tracking across commercial real estate. The EPA's Energy Star Portfolio Manager tool connects utilities to landlords and then to dozens of state and municipal governments who rely on it to uphold their energy and climate policies, many of which include tax breaks and financial subsidies for energy savings. The EPA announced massive job cuts and restructuring in early May, and while it didn't specifically mention Energy Star, numerous reports, citing EPA documents, say it is part of the plan. CNBC's Property Play with Diana Olick covers new and evolving opportunities for the real estate investor, delivered weekly to your inbox. Subscribe here to get access today. An EPA spokesperson said in a statement, "EPA is continuing to work to implement the reorganization plans that were announced on May 2, 2025. EPA will provide updates on these plans as they become available." The agency declined to comment further. Landlords rely on Portfolio Manager data to maintain compliance with state and municipal regulation and to gauge energy performance of buildings in their portfolios and decide which ones need upgrades. Such upgrades could include new HVAC and lighting. The tool was used by more than 330,000 buildings last year, comprising nearly 25% of all commercial building floorspace in the U.S., according to the EPA's website. Seven states, 48 local governments and two Canadian provinces currently rely on the program and its software for their energy benchmarking and transparency policies, according to the agency. "There is a potential that they would defund the entire software platform. And so if the system disappears, the data disappears with it, and what this means is that that hub, that connected tissue around how utility landlord and state and municipal governments share energy data across them, that would all go away," said Leia de Guzman, co-founder of Cambio, a real estate operations platform. At the very highest level, Energy Star Portfolio Manager supports $14 billion in energy cost savings per year, according to Guzman. "If you don't have the data, you then don't have any means to understand how to deploy retrofit initiatives across your building," she said. Cambio, which ingests building data in order to automate real estate operations, can tap into Energy Star data from the past and is offering building owners and managers the option to back up data that already exists. It could not, however, get future data if the EPA takes its system down. Industry organizations including the National Association of Home Builders (NAHB), National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) are fighting for the program's existence. The concern is that if Energy Star, including the Portfolio Manager, were to lose federal backing and then be managed by a private entity, costs would go up. "It's a $32 million program for the government, but it provides, in terms of return on investment — it's huge," said Nicole Upano, director of public policy for the NAA. "It provides hundreds of billions of dollars of savings for consumers and businesses in its current form, and if it were to be managed by an external company, that might result in a fee-based system that would increase the cost to use this program." If Portfolio Manager were no longer a government program, Upano said, the likely result would be a complicated patchwork of compliance. "As a government managed program, they don't pick a very much focused on energy efficiency and reducing waste overall. But if, say, an external company were to manage it, they might focus on electrification over gas, or pick some sort of energy delivery system that they favor, and we would not like to see that," she said.
Yahoo
21-07-2025
- Business
- Yahoo
Steering capital toward a sustainable future
In an increasingly crowded ESG investing landscape, EFG Asset Management is aiming to stand apart through a rigorous, integrated and transparent approach. For Melanie Beyeler, Senior Portfolio Manager at EFG, sustainable finance is not only a competitive differentiator, but a long-term shift in how capital is managed and deployed. 'At EFG, we view ESG integration as an essential element of sound risk management,' says Beyeler. 'This means we systematically consider relevant environmental, social and governance factors alongside traditional financial analysis to better manage risks and identify opportunities across all investments.' Rather than limiting ESG to a niche set of products, EFG sees it as a lens that enhances investment decisions across the board. The bank also places strong emphasis on aligning capital with client values and broader societal shifts. 'When it comes to sustainable investing, we focus on areas where we see an opportunity to deliver attractive long-term returns while supporting broader sustainability goals,' Beyeler explains. 'We recognise that our role as an asset allocator on behalf of our clients positions us to channel capital towards solutions that support the transition to a more sustainable economy.' A Systematic Approach This values-driven approach is backed by EFG's proprietary tool - the Global Responsible Investment Platform (GRIP), which plays a central role in evaluating ESG factors throughout the investment process. 'To ensure ESG factors are consistently integrated into our investment process, we use our proprietary ESG measurement tool, GRIP (Global Responsible Investment Platform),' says Beyeler. 'It brings together more than 400 data points and insights from a range of established ESG research providers into one system, providing us with a holistic view of each company's ESG strengths and weaknesses.' The GRIP system helps standardise how EFG evaluates ESG risks and opportunities across companies and sectors, enhancing its ability to construct portfolios that are both resilient and forward-looking. Meeting Generational Demand As ESG themes move from the margins into the mainstream, Beyeler sees a clear rise in client appetite, particularly among younger investors. 'In my experience with clients and supported by recent industry insights, interest in sustainable investing remains resilient with more than 60% of investors reporting increased interest over the past two years,' she notes. A key factor behind this shift is generational wealth transfer. 'Over the next decade, Millennials and Gen X are expected to inherit around $22tn globally – and they expect their bank to offer investment strategies and solutions that align with their values,' she adds. To respond, EFG is expanding its sustainable investing offering with thematic strategies such as clean energy, climate resilience, and gender equality, ensuring the bank keeps pace with changing client priorities. 'At EFG, we see sustainability as secular trend. And we continue to expand our sustainable investing offering to ensure it meets our clients' expectations and priorities - across generations,' she says. Navigating Regulation and Risk The growing demand for ESG investing also comes with increased regulatory scrutiny, particularly around disclosure, transparency, and accountability. Beyeler says the Swiss private banking sector is adapting, but there's more to do. 'The regulatory landscape for sustainable finance has become more rigorous in recent years and continues to evolve,' she says. 'As a Swiss private bank, we recognise that clients, investors and regulators expect greater transparency, stronger governance and reliable data to show how sustainability is managed in practice.' Progress is being made. 'The Swiss private banking sector has made solid progress by increasingly aligning with the voluntary Swiss Climate Scores, improving ESG disclosures, updating governance standards, and helping clients invest more sustainably,' she explains, pointing to collaborative efforts like the 'Sustainable Finance as an Opportunity for Wealth Management' initiative, which brought together more than 20 banks to deepen their sustainability integration. A Long-Term Transformation For EFG, the embrace of ESG is not a box-ticking exercise, it's a strategic shift that will shape the future of wealth management. 'Sustainability is not a passing phenomenon, but a secular trend that will have a lasting impact on the development of the global economy,' Beyeler says. 'Climate change and its physical impacts such as extreme weather events influence how companies assess risks and how they operate.' She adds that sustainability is becoming 'core to how we advise clients, build portfolios and manage risks,' and that for the next generation, 'expertise and an attractive offering in this area is expected from wealth managers.' Embedding Sustainability in Culture Furthermore, EFG's commitment goes beyond investment strategy, it's embedded within its corporate culture and employee engagement. One standout initiative is the partnership with Team Malizia, led by sailor Boris Herrmann, to raise awareness about ocean conservation through the 'My Ocean Challenge' education programme. 'EFG employees can volunteer one day per annum to help raise awareness about ocean conservation partnering with schools around the world,' Beyeler says. Internally, EFG also invests in training to deepen ESG expertise across its teams. 'We continue to provide ESG-related trainings to our employees to analyse risks and opportunities and educate them about our evolving product offering as well as relevant regulatory developments,' she says. 'EFG is convinced that by investing in training and development of our people and by actively fostering employee engagement, we remain the preferred financial partner for our existing and prospective clients, including the next generation.' In a fast-changing ESG landscape, EFG is betting on long-term commitment over short-term compliance. For Beyeler and her team, sustainability isn't just about ticking boxes - it's about building trust and resilience, today and into the future. "Steering capital toward a sustainable future" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
14-07-2025
- Business
- Business Wire
CyberCube Launches Portfolio Manager Version 6: Unveiling a New Era of Specific, Actionable Cyber Cat Modeling
LONDON--(BUSINESS WIRE)--CyberCube, the leading cyber risk modeling and analytics business, has released the latest version of Portfolio Manager, its catastrophe model that empowers portfolio-level insights. CyberCube's advanced analytics are used by 75% of the top 40 US and European cyber insurance carriers. Key changes made in Portfolio Manager Version 6 (PMv6) reflect: The evolution of the cyber insurance market from a primarily U.S.-focused market to a truly global one, with modeling capabilities supporting international exposures. Explicit factoring for geographic variation in cloud service provider outages, as well as differences in the origin and spread patterns of global ransomware and wiper malware attacks. The advancement of mitigation as a key consideration in modeling cyber catastrophe risk, recognizing the need to evaluate how protective measures can reduce the impact of large-scale events – an area that has seen less focus compared to resilience against attritional losses. For this release, CyberCube conducted extensive research with internal and external cyber experts to understand what will best prepare organizations to avoid the consequences of catastrophic events, if possible, and to recover as smoothly as possible if they cannot avoid it. The v6 release makes greater use of companies' security scores and introduces several new risk modifiers that users may enter based on underwriting information aligned with NIST and CIS security control frameworks. Jon Laux, CyberCube's VP of Analytics, said: 'This release marks an important step forward for our industry. We expect that over time, the new functionality introduced in this model will inform how (re)insurers understand the primary characteristics of cyber risk during underwriting and exposure management.' Diversification is also a key theme of the v6 release. The cyber insurance market in 2025 remains highly concentrated in the United States, both in terms of the percentage of insureds based in America and the prevalence of American technologies and data centers that act as Single Points of Failure (SPoFs) for organizations worldwide. However, CyberCube anticipates that future market growth will come largely from new geographies across Europe and Asia, and has consequently enhanced and expanded its Enterprise Intelligence Layer (EIL). The EIL is a proprietary dataset representing millions of companies worldwide, built by collecting, curating, and fusing data from multiple public, proprietary, and partner sources. Changes to the EIL reflect the development of the cyber market internationally, with strong growth in data collection focused on countries such as Germany, France, Australia, Spain, Canada, the UK, and Japan. Building on these enhancements to the EIL, PMv6 also captures the geographic variation possible among cloud service provider outages as well as variation in the epicenters and spread patterns of global ransomware and wiper malware attacks. Taken together with CyberCube's updated Exposure Databases, released in 2024, PMv6 equips (re)insurers with actionable intelligence to grow their global cyber exposure with awareness about the potential consequences on their catastrophe exposure. Ashwin Kashyap, CyberCube's Co-founder and Chief Product Officer, said: 'PMv6 represents a major step forward for cyber catastrophe modeling. We have made significant progress in addressing the drivers of diversification and risk mitigation for the benefit of the cyber insurance market. As the market leader in cyber insurance analytics, CyberCube is proud to be the industry's partner as insurers look to expand thoughtfully into new geographies.' For more information about Portfolio Manager, please visit About CyberCube CyberCube is the leading provider of software-as-a-service cyber risk analytics to quantify cyber risk in financial terms. Driven by data and informed by insight, we have harnessed the power of artificial intelligence to supplement our multi-disciplinary team. Our clients rely on our solutions to make informed decisions about managing and transferring cyber risks. We unpack complex cyber threats into clear, actionable strategies, translating cyber risk into financial impact on businesses, markets, and society as a whole. The CyberCube platform was established in 2015 within Symantec and now operates as a standalone company. Our models are built on an unparalleled ecosystem of data and validated by extensive model calibration, internally and externally. CyberCube is the leader in cyber risk quantification for the insurance industry, serving over 100 insurance institutions globally. The company's investors include Forgepoint Capital, HSCM Bermuda and Morgan Stanley Tactical Value.
