Keep calm and buy vol

Short-dated volatility is soaring while long-dated vol remains unusually cheap, creating unique opportunities for traders and hedgers. Toby Hayes explores how structural market shifts are reshaping the landscape.

Cement’s high emissions lay the foundation for green investment

Cement is one of the highest GHG emitting industrial sectors. As European environmental regulation tightens, sector dynamics and innovation in green technologies are unearthing promising investment opportunities. Joe Mares explores how cement’s emissions challenges are laying the groundwork for returns.   The cement sector is the largest industrial emitter, generating ~8% of global emissions, with cement […]

Navigating UK water’s wave of challenges and opportunities

ocean wave with sunlight

Regulatory shifts, rising bills and low equity returns all present a challenge for the UK water sector. Tom Ayres and Joe Mares explore how the UK sector compares to listed water equities globally, and why these challenges should ultimately benefit the sector as a whole.  The UK water sector continues to be a national discussion […]