The governance of private market funds is at an inflection point. The models of oversight that were constructed for investors back in the 1980s and 1990s are no longer fit for purpose. They often don’t work well in today’s fast growing emerging asset classes. New structures are coming along which undermine the principle that all investors should be treated equally.

Climate risk management across the investment industry has improved considerably over the last few years. It will doubtless continue to evolve and become more critical in investment decisions. But the approaches that are being taken can still vary a lot.  The goal of SII’s Climate Risk Tracker is to provide the industry with analysis of the similarities and the differences in those approaches.

2025 turned out to be the most significant year in the development of stablecoins to date. Growth is on a strong upward trajectory. Total market capitalisation of stablecoins surpassed $300 billion for the first time in October.