Investment trust and Transition: Difference between pages

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An investment trust is a limited liability company whose sole aim is to invest in securities issued by other entities.
1. ''Climate change - financial risks''.


Abbreviation for climate transition, relating to financial risks that could arise from adjusting to a lower-carbon economy.


Investment trusts are similar to unit trusts.
In this context, financial climate transition is distinct from the direct physical risks of climate change.


However, unlike a unit trust, the number of shares that can be issued is limited (it is a closed-ended structure).
 
2. ''Risk-free rates - LIBOR and related transitions - conduct.''
 
In the context of risk-free rates, transition refers to the discontinuation of LIBOR and similar rates, and their replacement by other risk-free interest rates.
 
This transition is important both for non-financial corporates, and for financial institutions themselves, for example in relation to conduct.
 
 
3. ''Other contexts.''
 
Any other substantial and long term change.
 
Especially one carrying material risks and financial risks.




== See also ==
== See also ==
* [[Bid-offer spread]]
* [[Climate change]]
* [[Company]]
* [[Climate Transition Benchmark]]
* [[Investment company]]
* [[Climate Transition Finance Handbook]]
* [[Limited liability]]
* [[Climate transition risk]]
* [[Open-ended investment company]]
* [[Conduct]]
* [[Real estate investment trust]]  (REIT)
* [[ESG transition]]
* [[Security]]
* [[Fallback]]
* [[Undertaking for collective investments in transferable securities]]
* [[Financial Stability Board]]
* [[Unit trust]]
* [[Fossil fuel]]
* [[IBOR transition]]
* [[Just transition]]
* [[LIBOR]]
* [[LIBOR transition]]
* [[Material]]
* [[Paris Agreement]]
* [[Reputational risk]]
* [[Risk-free rates]]
* [[Stranded assets]]
* [[Synthetic LIBOR]]
* [[Tough legacy]]
* [[Transaction]]
* [[Transformation]]
* [[Transition finance]]
* [[Transition Pathway Initiative]]  (TPI)
* [[Transition plan]]
* [[Transition Plan Taskforce]]  (TPT)  - UK
* [[Transition risk]]
* [[Transition sukuk]]
* [[Translation]]
 
 
== External link ==
* [https://www.bankofengland.co.uk/knowledgebank/climate-change-what-are-the-risks-to-financial-stability Climate change - What are the risks to financial stability? Bank of England]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 07:25, 28 September 2022

1. Climate change - financial risks.

Abbreviation for climate transition, relating to financial risks that could arise from adjusting to a lower-carbon economy.

In this context, financial climate transition is distinct from the direct physical risks of climate change.


2. Risk-free rates - LIBOR and related transitions - conduct.

In the context of risk-free rates, transition refers to the discontinuation of LIBOR and similar rates, and their replacement by other risk-free interest rates.

This transition is important both for non-financial corporates, and for financial institutions themselves, for example in relation to conduct.


3. Other contexts.

Any other substantial and long term change.

Especially one carrying material risks and financial risks.


See also


External link