A Few White Papers
you are currently viewing::Hidden in Plain Sight: Physical Risk in Asset Owners' PortfoliosNovember 3, 2025-Corporate asset locations are a critical source of financial-risk intelligence for investors. More so when coupled with powerful overlays related to physical climate risk.
Key takeaways: Potential business-interruption risk is 14 times larger than asset damage risk 55% of companies are severely exposed to physical risk hazards today 89% of assets face multiple overlapping hazards Clear adaptation gap demands investor engagement, only 16% of those exposed firms formally disclose integration of physical risk management Physical risk exposures are global, regardless of regional investment focus. Hazards such as wildfires, droughts and heat waves often compound and are already affecting portfolio companies worldwide. Source: msci.com |
IMF Working Paper The Economic Implications of the Energy Transition in Asia-Pacific
January 9, 2026--Summary
This paper examines the economic effects of the global energy transition and the large uncertainty surrounding future fossil fuel demand on countries in the Asia-Pacific region. Under the paper's baseline, coal demand is expected to shrink by 15 percent by 2035, although depending on global policy ambition and technological uptake, the decline could be as large as 45 percent.
IMF Working Paper Demographics and Consumption in Asia Toward 2050
November 21, 2025-Summary
What are the implications of demographics on total consumption and its sectoral composition in Asia toward 2050? Although the literature has studied total consumption and individual consumption categories separately, the research that studies both is scarce.
IMF Working Paper Elections Matter: Capital Flows and Political Cycles
November 19, 2025-Summary
How should central banks explore tokenized reserves? Central banks are increasingly exploring how to make their reserves available to selected banks using distributed ledger technology, referred to as tokenized reserves.
IMF Working Paper Elections Matter: Capital Flows and Political Cycles
November 14, 2025-Summary
This paper contributes to the relatively limited literature on the impact of political uncertainty on international capital flows to emerging market economies. We incorporate elections as a proxy for political uncertainty into a standard push-pull framework for analyzing capital flows.
New ICI Paper Outlines Key Considerations for ETF Share Class
October 6, 2025-The Investment Company Institute (ICI) has published a new paper exploring the operational considerations for launching an ETF share class within an existing mutual fund portfolio. The expected SEC relief for funds with both ETF and mutual fund share classes provides an opportunity to broaden investor choice, promote efficiency and economies of scale, and enhance competition in the asset management sector.
