Investment & Pensions Europe (IPE)
Presentation of the Partner
IPE is the leading European publication for institutional investors and those running pension funds. It is published by IPE International Publishers Ltd, an independently-owned company founded in July 1996. IPE's sister publications are IPE Real Assets and FD Pensioen Pro | IPE. Their annual Conference & Awards event is the largest gathering of European pension funds under one roof.
Investment & Pensions Europe is the monthly magazine for those running pension funds in Europe. Since our first issue in 1997, we have built an influential position within the European institutional investor community, and the publication has an average monthly circulation of 9,723 copies, of which 69% is in Continental Europe.
Point of contact:
Liam Kennedy is Editor of Investment & Pensions Europe (IPE) and Editorial Director of IPE International Publishers. Based in London, he has nearly 20 years’ experience as a financial journalist and editor, specialising in the field of institutional investment and pension funds. In that time he has met, interviewed and profiled countless senior executives at European and global pension funds, asset management companies and consultancies, as well as many other influential figures. Prior to joining IPE in February 2007, Kennedy spent nearly seven years at the Financial Times group in London, where he worked as a specialist editor and writer and launched four specialist European pension and investment publications. He holds an undergraduate degree of master of arts with honours from the University of Glasgow.
Presentation of the Partnership
At the beginning of 2011, EDHEC-Risk Institute (now EDHEC-Risk Climate Impact Institute) and Investment & Pensions Europe (IPE) established a partnership to produce a special editorial supplement to provide IPE readers with academic insights that genuinely contribute to improving institutional investment practices.
The aim of the editorial partnership with IPE, the leading publication for European institutional investors, is to provide academic insights that will genuinely contribute to improving institutional investment practices.
IPE is the leading publication for European institutional investors (circulation of 10,000, of which 71% is in Continental Europe). 81% of the circulation is to pension funds, other capital owners & consultants.
Over twenty supplements have been published following the inaugural issue of Winter 2010-2011.
You can access the latest EDHEC Climate Finance Research Insights supplement to IPE- Spring 2024 edition.
The Spring 2024 edition of the EDHEC Research Insights supplement to IPE is an EDHEC Climate Finance special issue. Prepared by EDHEC-Risk Climate, this supplement underscores EDHEC’s dedication to fostering sustainability in finance, equipping investors with the tools to navigate climate-related risks and opportunities effectively. This issue highlights pioneering research led by Scientific Director Professor Riccardo Rebonato, supported by Scientific Beta. The research addresses key limitations of current climate scenario analysis frameworks, proposing methodologies that incorporate probability distributions of climate outcomes. These innovations allow investors to better assess uncertainties and allocate resources effectively. Complementary contributions by Dr. Dherminder Kainth critique the IPCC SSP/RCP framework, identifying potential risks of underestimated impacts. The research underscores the need for consistent modeling of key drivers to avoid complacency regarding the climate transition. Another analysis by Professor Rebonato explores the financial implications of public-sector debt financing for decarbonization, emphasizing its effects on bond prices and equity valuations. Further articles delve into the risks of greenwashing and the challenges posed by value chain emissions, proposing practical recommendations for investors and standard-setters. Finally, Professors Teodor Dyakov and Dominic O’Kane examine how extreme weather events influence mutual fund managers, highlighting the role of climate events in portfolio greening. his research benefits from the support of Amundi.
You can access the EDHEC Climate Finance Research Insights supplement to IPE- Spring 2023 edition.
The Spring 2023 edition of the EDHEC Research Insights supplement to IPE is an EDHEC Climate and Finance special issue. Prepared by EDHEC-Risk Climate, EDHECinfra and Scientific Portfolio, this supplement aims to provide European institutional investors with an academic research perspective on the most relevant issues in the industry today. We first describe how the oft-criticised models linking the economy and the planets climate can be upgraded to include the latest advances of science. We present original simulation work showing that targeting 1.5–2°C of warming can be justified as an optimal goal from an economic standpoint. We describe how they developed a factor that captures both the sectoral and intra-sectoral dimensions of transition risks. They find that, while their factor is forward looking, it efficiently identifies funds considered as green or brown. We analyse the outperformance of low-carbon energy infrastructure investments over the past decade and find that it is largely explained by excess demand. After controlling for risk factors, they find no persistent green risk factor, but instead a green price premium that investors have been willing to pay. We use advanced econometric methods to explore the relationship between stock returns and proxies for environmental footprint. We identify a latent environmental factor with significant explanatory power in the energy sector and find that emissions-related metrics are the main drivers of stocks exposure to this factor. We use a variety of language models to construct climate news indices and find that returns of high carbon intensity portfolios show a strongly statistically significant negative association with a climate-news index constructed from the aggregation of sources. Finally, we introduce and discuss the characteristics of long-term climate scenarios, such as those developed by the Network of Central Banks and Supervisors for Greening the Financial System (NGFS), we look at their operationalisation for climate-financial risk assessment, their current limitations and their potential for further development.
The list of past issues may be consulted here.
About EDHEC
Operating from campuses in Lille, Nice, Paris, London and Singapore, EDHEC is one of the world’s top 15 business schools. Fully international and directly connected to the business world, EDHEC commands a strong reputation for research excellence and the ability to train entrepreneurs and managers capable of breaking new ground. EDHEC functions as a genuine laboratory of ideas and produces innovative solutions valued by businesses. The School’s teaching is inspired by its research work and a focus on “learning by doing”, all with the aim of equipping people with the skills to succeed in business.
