Brown Advisory

FEBRUARY 14, 2023

We view sovereign bonds as an asset class with great potential to navigate and address key environmental and social challenges facing the global economy. Many corporations will likely have to restructure their business models, just as many countries will likely have to restructure their economies to mitigate and adapt to its effects.

Government 52

Government Investing Investments Economics 52

Brown Advisory

FEBRUARY 14, 2023

Many corporations will likely have to restructure their business models, just as many countries will likely have to restructure their economies to mitigate and adapt to its effects. Since then, Lula has taken power and we expect to see improvement in these areas over time, which will be important for the resilience of the Brazilian economy.

Government 52

Government Economics Investing Investments 52

Brown Advisory

FEBRUARY 14, 2023

Many corporations will likely have to restructure their business models, just as many countries will likely have to restructure their economies to mitigate and adapt to its effects. Since then, Lula has taken power and we expect to see improvement in these areas over time, which will be important for the resilience of the Brazilian economy.

Government 52

Government Economics Investing Investments 52

Brown Advisory

OCTOBER 22, 2021

Many corporations will have to restructure their business models, just as many countries will have to restructure their economies to mitigate and adapt to its effects. From an environmental standpoint, climate change is an issue creating significant disruption globally.

Government 52

Government Economics Education Investing 52

Brown Advisory

OCTOBER 22, 2021

Our sustainable investing philosophy and process were developed in-house and are supported by a robust team of ESG research analysts, portfolio managers and other dedicated professionals. From an environmental standpoint, climate change is an issue creating significant disruption globally.

Government 52

Government Economics Education Investing 52

ClearMoney

DECEMBER 5, 2021

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. General Government Debt” (indicator).

Government 52

Government Commission Economics Distribution 52

ClearMoney

DECEMBER 5, 2021

But, while government spending may provide a short-term stimulatory effect on the economy, the prospect of higher future taxes and long-run impacts on spending and investment introduces many channels through which spending and debt levels might affect expected stock returns. 3General government debt from OECD (2021).

Government 52

Government Commission Economics Distribution 52