Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  Standard Chartered PLC    STAN   GB0004082847

STANDARD CHARTERED PLC

(STAN)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Standard Chartered : Increase investment in Africa or risk missing the UN's Sustainable Development Goals deadline, new research finds Africa is not getting the investment needed to help the world meet the UN's Sustainable Development Goals (SDGs) by 2030, new research from Standard Chartered has revealed

11/17/2020 | 01:07am EST

A Standard Chartered (www.SC.com) survey conducted between July and August 2020, amongst a panel of the world’s top 300 investment firms with total assets under management (AUM) of more than USD50 trillion*, found that:

Only 3 per cent of their AUM is invested in Africa Lack of investment in emerging markets puts the chances of meeting the 2030 SDG deadline at risk Of those already investing in Africa, 93 per cent say they will likely increase their investment in the future

Africa is not getting the investment needed to help the world meet the UN’s Sustainable Development Goals (SDGs) by 2030, new research from Standard Chartered has revealed.

The $50 Trillion Question investigates how some of the world’s largest asset managers — with a combined USD50 trillion in AUM — are investing at this critical time for the global economy and the environment.

Emerging markets are seeing a massive shortfall in investment
Our research shows that almost two thirds (64 per cent) of the panel’s AUM is invested in the developed markets of Europe and North America, while just 3 per cent is in Africa. Asia, which includes several developed markets, takes 22 per cent, while just 2 per cent, and 5 per cent of the assets are invested in the Middle East and South America, respectively.

The risk posed by emerging markets was flagged as a major barrier to investment. More than two-thirds of investors believe emerging markets are high-risk, compared to 42 per cent who believe the same for developed markets.

More than half of the panel (53 per cent) believe returns from investment in Africa are low or extremely low, with almost three in five investors (59 per cent) saying that they are deterred from investing because they lack in-house specialist teams.

In contrast, those already investing in Africa are optimistic about the region, with 93 per cent saying they are likely to increase investment in future. 54 per cent of Africa investors said their investments had performed as well as — or better than — their developed market investments over the past three years. The figure for emerging markets overall was 88 per cent.

However, COVID-19 may have made it even harder for emerging markets to get the investment they need. Some 70 per cent of investors believe the pandemic has widened the capital gap further.

Which markets are getting the most investment?

North America

26%

Europe

38%

Asia

22%

Middle East

2%

Africa

3%

South America

5%

Australia/Oceania

4%

Not enough investment is linked to the SDGs
The research points to a growing focus on sustainability, with 81 per cent of investment firms now taking a disciplined approach to environmental, social and governance investment. However, this is not translating into investment in the SDGs. Only 13 per cent of the assets managed by our respondents is directed towards SDG-linked investments.

Some 55 per cent claim the SDGs are not relevant to mainstream investment and 47 per cent say investment in the SDGs is too difficult to measure. However, one fifth of investors admit that they were not aware of the SDGs.

Respondents point to regulatory changes, favourable tax treatment, evidence of higher returns, better data for measuring impact, and increased demand from retail investors as the top five factors that might spur on more SDG investment.

What are the tools and incentives to encourage SDG investment?

Regulation that encourages SDG-linked products

74%

Favourable tax treatment of SDG-linked investments

63%

More evidence that investing in SDGs will not lead to underperformance

63%

Better data to measure the impact of SDG investments

53%

Retail investor demand for SDG-themed investments

53%

Sunil Kaushal, Regional CEO, Africa & Middle East, Standard Chartered said there is still investment gap in Africa to realise the SDG’s and this creates an opportunity for us to make a difference where it matters the most. "A significant surge in private-sector investment — alongside public investment and commitments — will be required to bridge the gap and hit the SDG targets over the next ten years. Right now COVID-19 has made the imperative to act even stronger in the region.

There is no single answer to The $50 Trillion Question, but it is evident that investors need to expand their focus beyond developed markets. Africa, and emerging markets generally, offers investors a unique opportunity: strong returns combined with the chance to have a significant, positive impact in the long term."

The $50 Trillion Question study follows the publication of Opportunity2030 (https://bit.ly/3kwN6H6): The Standard Chartered SDG Investment Map which firstrevealed the multi trillion-dollar opportunity for private-sector investors to help achieve the SDGs in emerging markets.

You can read the full Standard Chartered$50 Trillion Question report here (https://bit.ly/36K8CTM).


Distributed by APO Group on behalf of Standard Chartered.

Notes to editors:
*The $50 Trillion Question Investor Panel is made up of asset managers from the world’s top 300 asset management companies. With combined assets under management (AUM) worth more than USD50 trillion (the equivalent to half of global GDP), how the asset managers in our survey choose to invest will have a huge impact on humanity’s ability to solve some of the world’s biggest problems. This study is based on in-depth interviews with the panel, conducted between July and August 2020.

The below shows the panel broken down by AUM, role and location, all of which ensure it is representative of the global top 300 asset managers.

The $50 Trillion Investor Panel

by AUM

by generalised job role

by location

19 per cent are top 10 firms (over USD1 trillion)

46 per cent are top 11-50 Firms (USD1 trillion to USD350 billion)

23 per cent are top 51-150 firms (USD350 billion to USD90 billion)

12 per cent are top 151-300 firms (USD90 billion to USD20 billion)

42 per cent are fund managers

41 per cent are strategists

17 per cent are emerging market specialists

42 per cent are based in North America

42 per cent are based in Europe

8 per cent are based in Japan

3 per cent are based in China

5 per cent are based elsewhere

Media Contact:
Monica Barten
Standard Chartered, Africa & Middle East
+971 52 426 5112
Monica.Barten@sc.com

About Standard Chartered:
We are a leading international banking group, with a presence in 60 of the world’s most dynamic markets and serving clients in a further 85. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, Here for good.

Standard Chartered PLC (www.SC.com) is listed on the London and Hong Kong Stock Exchanges.

For more stories and expert opinions please visit Insights at www.SC.com. Follow Standard Chartered on Twitter (https://bit.ly/3nzHNsr), LinkedIn (https://bit.ly/3lELJr5) and Facebook (https://bit.ly/3pBtohe).

© African Press Organization, source Press Releases

All news about STANDARD CHARTERED PLC
01/16Nigeria's Heirs Holdings buys 45% stake in OML 17 onshore oilfield
RE
01/15Gold falls 1% as dollar accelerates rally
RE
01/14MARKET CHATTER : StanChart's Investment Banking Head Emerges as Top CEO Candidat..
MT
01/14Bank of China Raises Nearly $800 Million From US Dollar, Dim Sum Bond Offerin..
MT
01/14STANDARD CHARTERED : We've bolstered our Sustainable Finance team in Hong Kong
PU
01/14China Exports Boom to Record Year, While Covid-19 Ravages Global Economy -- U..
DJ
01/14Central China Real Estate Closes Issuance of $260 Million Green Bonds
MT
01/14STANDARD CHARTERED : Lines Up Investment Bank Head as Possible CEO -FT
DJ
01/14Redsun Properties Sells, Files for Hong Kong Bourse Listing of $350 Million B..
MT
01/14MARKET CHATTER : StanChart's Investment Banking Head Frontrunner For CEO Role
MT
More news
Financials (USD)
Sales 2020 14 892 M - -
Net income 2020 747 M - -
Net Debt 2020 - - -
P/E ratio 2020 27,3x
Yield 2020 1,74%
Capitalization 20 943 M 20 953 M -
Capi. / Sales 2020 1,41x
Capi. / Sales 2021 1,41x
Nbr of Employees 82 494
Free-Float 93,9%
Chart STANDARD CHARTERED PLC
Duration : Period :
Standard Chartered PLC Technical Analysis Chart | STAN | GB0004082847 | MarketScreener
Technical analysis trends STANDARD CHARTERED PLC
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 22
Average target price 6,97 $
Last Close Price 6,65 $
Spread / Highest target 35,8%
Spread / Average Target 4,74%
Spread / Lowest Target -20,5%
EPS Revisions
Managers and Directors
NameTitle
William Thomas Winters Group Chief Executive Officer & Executive Director
José Viñals Group Chairman
David Whiteing Group Chief Operating Officer
Andrew Nigel Halford Group Chief Financial Officer & Executive Director
Michael Gorriz Group Chief Information Officer
Sector and Competitors