"Low yields and tight credit spreads pose quite the challenge for insurers who are beholden to fixed income investments. And, with economic and public-health uncertainty likely to be the norm for the foreseeable future.

In this environment, we would argue that insurers need to think even harder about how fixed income can best meet the needs of their business."

by A.M. Best's Special Report

"AM Best surveyed (re)insurers to seek their feedback on how the industry considers environmental, social and governance (ESG) factors. The survey found widespread recognition among respondents that the insurance industry has a pivotal role to play in the ESG arena, and that understanding ESG factors is crucial to the industry’s long-term viability."

By Kevin DiCiurcio, CFA; Ian Kresnak, CFA; Kelly Farley; and Luigi Charles of Vanguard Research

"Assessing equity returns, uses that framework to explain historical U.S. and international equity returns, contextualizes the 10-year outlook in VCMM using the drivers of past returns, and highlights the implications for investors’ portfolios."

via the CFA Institute

"The future of sustainable investing requires balancing goals and interests of stakeholders. It is critical to the sustainability of investing, serving society by improving long-term outcomes."

via CFA Institute

Caveat emptor strikes again. Per the CFA Institute’s Enterprising Investor, private equity performance has many holes when it is evaluated closely.

via BNY Mellon

Added to international benchmarks plus a controlled opening of financial markets makes China an increasingly interesting choice for diversified international equity and fixed income portfolios. BNY Mellon is cautiously positive.