Welcome to the IA’s Investment & Capital Markets policy report for the third quarter of 2022. With this policy report we bring together the significant investment & capital markets activity over the past few months.
This quarter saw global markets decline as high inflation, the energy crisis and fears of a global recession took grip. The UK was also faced with an exceptional set of political developments and market conditions that contributed to the unprecedented rise in 30-year gilt yields. This, in turn, presented significant challenges for pension schemes and ultimately led to the temporary intervention of the Bank of England to restore the orderly operation of the gilt market.
This difficult environment did not deter global policymakers from focusing on sustainability and responsible investment. We worked through the important SEC proposals to increase disclosure requirements for ESG funds and to expand fund naming rules to ESG factors.