AMSA Newsletter #5

Prepared by the Global Markets and Sustainable Finance Teams

Vincent Simon (Head of Global Markets) - Alexandr Grigoras (Head of Sustainable Finance) - Seokhyeon Kong - Praveen Senthil - Ishani Awasthi - Lotta Bachmann - Fana Hiranandani - Alexandra Cerguță - Aditya Krishna - Felix Weng - Viktoria Ulanova



  • The era of "Policy as the New Macro," analyzing the decoupling of global markets as countries pursue divergent fiscal and monetary paths.

  • The rotation "Beyond the Magnificent Seven," examining the shift in market leadership from tech giants toward broader diversification.

  • Geopolitical choke points in the "Strait of Hormuz," evaluating how rising U.S.-Iran tensions threaten global oil supply stability.

  • China’s "Great Green Leap," outlining how dominance in EV and solar supply chains has turned clean energy into a primary engine for GDP growth.

  • The comeback of Sustainable Finance in Europe, assessing how regulatory relaxation and renewed investor demand are revitalizing green financing.

  • The rising trend of passive investing, coming from the democratization of investment knowledge and other circumstances.

  • The "Baku to Belem" Climate Roadmap, discussing the monumental task of turning $1.3 trillion in annual promises.

  • The "Liquidity Illusion" in private credit, highlighting the hidden risks of delayed price discovery in a rapidly expanding asset class.

  • The impact of ECB climate fines, questioning whether current enforcement truly drives behavioral change.

  • The mechanism behind integrating Europe's financial environment.

  • The "Warsh Era" and Fed structural shifts, navigating how potential changes in U.S. monetary strategy could redefine market dynamics.

  • The "Macro Lens" on Bitcoin, reassessing crypto volatility.