Some of Europe's biggest venture capital firms are buying into sales of new virtual coins or asking their investors to give them the freedom to do so, in a sign of mainstream investor backing for the booming but controversial crowd-funding tool.
European pension funds are among a $1T-strong group of institutional investors calling on companies to set greenhouse gas emission targets that will help achieve the goals of the Paris agreement on climate change.
Hoping to give Europe’s surging startup ecosystem a shot of adrenaline, the European Union announced the creation of a massive new fund-of-funds program dubbed VentureEU.
Europe's carbon market is finally starting to work the way it was intended, reining in pollution with a minimum of squealing from industry. Thirteen years after it was created to limit carbon-dioxide emissions, prices for the allowances are rising.
Many of the approximately 50 investors in the Holland-based venture capital fund are individuals who invested previously in startups spun out of Genesis Innovation Group LLC, a Holland-based developer of emerging medical device technologies whose partners formed cultivate last fall.
The head of investment research at Bridgewater Associates, the world’s biggest hedge fund, said the perception of the firm’s recent wagers against certain European equities is off-base.
Billionaire Ray Dalio has $18.45 billion in bets against Europe’s biggest stocks. Most of the rest of the investing world is headed in the other direction. U.S. stocks lost $9.7 billion in investment so far this month while Eurozone shares have gained $3.2 billion, according to data compiled by Bloomberg.
Investors may not know how to solve climate change, but low-carbon indexes are growing as a way to start managing the portfolio risks associated with a warming planet, according to Fred Samama, deputy global head of institutional clients at Amundi Asset Management, Europe’s largest asset manager overseeing $1.7 trillion.
BlackRock, the world's biggest fund manager, saw the largest inflows in the European asset management sector in 2017 at $77.42 billion, according to data from Morningstar.
Romain Serman is director of Bpifrance and former advisor of the French president Nicolas Sarkozy. In this interview, Serman discusses the evolving European venture capital environment and the main challenges French entrepreneurs face in the European ecosystem. Moreover, he highlights the main differences between the current investment behavior in Europe and the U.S., the roots to these differences and what the consequences are in respective markets.