News
Financing energy transition is the greatest challenge global capital markets have dealt with in generations. Australia – which is more or less universally accepted to have fallen behind the pace before recent policy progress – faces a bigger task than most. But Australia is resourceful in more ways than one, and participants at a KangaNews-RBC Capital Markets roundtable, which took place in Sydney in October, believe the challenge goes hand-in-hand with opportunity.
In October 2023, KangaNews and UBS hosted female leaders from the supranational, sovereign and agency sector – live in Sydney and via VC globally – at a roundtable to discuss the state of capital markets and the role of these institutions in promoting sustainability and diversity, equity and inclusion.
The 2023 KangaNews Women in Capital Markets Yearbook survey focuses on what women expect from their employers when it comes to purpose, values and public advocacy. The findings suggest financial services businesses should be careful to consider employees’ values if they want to attract and retain high-end female talent – and not be afraid to be public with these values.
QIC has established a reputation as a leader in Australian sustainable investment, as well as for its wide-ranging and innovative strategic approach across asset classes. Female leaders from across the QIC business met with KangaNews at a roundtable in Brisbane in November, to discuss the macroeconomic and geopolitical inflection point – and the asset allocation response – as well as the mounting scale and urgency of the sustainable transition task.
On 1 November, Fitch Ratings hosted its inaugural Women in Credit event in Sydney to align with its core values of embracing diversity, equity and inclusion. More than 20 female institutional investors attended the event, hearing and commenting on Fitch analysts’ views on the geopolitical, business and finance landscape, and trends and challenges for the buy side to watch.
In early November, ANZ and KangaNews hosted a group of the bank’s leaders and other industry participants to share their personal perspectives on why inclusivity is so important to the economy and business, the value of engagement, and how the Gen Z lens means everything companies have learned about their workforce in the past is going to change.
Following its debut in the Kangaroo market, Mitsubishi HC Capital UK spoke to KangaNews about its plans for Australian dollar issuance as it seeks global growth. The scale of Australian dollar benchmarks and competitive pricing sent the issuer home with an outcome it hopes to build on with further future issuance.
While deal flow has slowed into year-end, a brace of benchmark transactions from International Finance Corporation in the Kangaroo and Kauri markets suggests the new year could be set for a fast start. In particular, after a tough year the Kauri market shows signs of promise now there is more clarity on how supranational issuers will be treated in the local regulatory regime for bank liquid assets.