As we head into the inevitable slowdown in market issuance over a hot European summer, we review another record-breaking year to date for European ABS issuance. Australian markets are not far behind their record pace. Despite elevated macroeconomic uncertainty and geopolitical volatility, secondary market demand remained healthy and supply was well absorbed.

Barcelona offered an unusually dramatic setting for this year’s Global ABS conference, with evening fireworks to celebrate the visit of Pope Leo XIV for the inauguration of the Sagrada Família’s newest tower. But inside the conference halls and evening receptions of the 30th Annual Global ABS Conference, the tone was rather steadier.

Proterra Investment Partners Asia ("Proterra Asia"), through its Proterra Asia Food Fund 3, today announced the completion of its acquisition of Brown & Haley, a Tacoma, Washington-based confectionery company.

Asia’s outdated and inefficient food systems pose a major risk to its economic and social stability, but they also represent one of the region’s biggest untapped opportunities. By modernising agriculture through public–private collaboration and technology, Asia could turn food security into a strategic advantage and driver of long‑term value creation.

The final paper in Ardea IM's series explores how derivative classification under Solvency II can significantly affect capital outcomes for relative value strategies.

Continuing Ardea IM's short series exploring how Solvency II (SII) applies to the use of derivatives within a pure relative value investment strategy, this third paper looks closely at their use under the classification of risk-mitigation.

As a firm specialising in managing pure relative value strategies, where derivatives play a central role, we are keen to open the conversation around how these instruments can be used effectively and prudently within the constraints of Solvency II (SII) through a short series of papers. In this second paper, we look closely at the Prudent Person Principle and employing derivatives in the context of Efficient Portfolio Management (EPM).

As the US economy enters the second half of 2025, institutional investors are navigating a particularly nuanced macro environment.

Proterra Investment Partners Asia (“Proterra Asia”), has made its first investment in Laos, through Proterra Asia Food Fund 3 (“PAFF3”), backing a new blueberry cultivation project in Paksong.