News and insights

Strategic autonomy is no longer aspirational for Europe; it is essential. The recently fractured global order has exposed Europe’s dependencies on US military support, Asian manufacturing, and Russian energy.

Emerging markets have long been overshadowed by the dominance of U.S. technology giants and a global preference for perceived safe-haven assets. Yet today, against a backdrop of a weakening U.S. dollar and rising uncertainty over American trade policy, they are reasserting themselves as a strategic option for investors seeking growth, diversification, and resilience.

Distinguished by its size, skill and strategy, NAM was a standout winner in the Covered Bond Investor of the Year category. GlobalCapital spoke to Henrik Stille, Head of Fixed Income Rates, about NAM’s approach.

As we enter the next phase of global decarbonisation, institutional investors are rethinking their strategies.

It’s now or never for Europe. We are at a point where Europe must reinvent its identity in a new world in which we are on our own. We need to decide whether to take responsibility for our future or let others decide for us. It is absolutely crucial whether Germany uses its significant fiscal space to rearm and improve infrastructure. If this happens, I am quite optimistic about the return opportunities for Europe in the coming years.

Recent geopolitical events and policy uncertainty have thrown into question the continued relevance of decarbonisation across the economy.

While climate change and biodiversity loss are urgent global challenges, the transition to a low-carbon economy involves more than just overhauling our energy systems. In today’s take-make-waste economy, most companies struggle to grow without expanding their environmental and material footprints. As the automotive industry accelerates towards sustainability, leading manufacturers have to go beyond the strategic shift to EVs and have to stand out as pioneers in circular manufacturing. But the question remains: Can they close the loop quickly enough?

As monetary easing continues in Europe, conservative investors need to seek out new ways to safely grow their capital. High quality bonds could be the answer they are looking for.