London School of Business and Finance

In this article we investigate the possible benefits of integrating ESG considerations into fixed-income portfolios. Our initial results indicated that such considerations could have a significant impact on portfolio returns. Our more formal use of regression analysis demonstrated that the impact on returns was negligible. The authors did find tentative evidence, however, to suggest that enhancing the ESG credentials of a portfolio can lead to a reduction in a portfolio’s tail risk.

This chapter delves into the foundational aspects of blockchain, exploring its origins, key mechanics and the transformative potential it holds for creating a transparent, efficient and secure digital world. As we unfold the layers of this technology, we invite readers to explore how blockchain is not just reshaping finance but also redefining the boundaries of technology and trust in the modern era.

Here, we embark on a comparative analysis of token definitions as articulated by leading financial regulatory bodies across the globe. The chosen regulators represent the financial epicentres of the modern world – entities that not only influence global financial trends but also signal the regulatory future of burgeoning technologies. This section underscores the importance of understanding token definitions, given their critical role in determining the scope of regulation, compliance requirements and the overarching legal treatment of digital assets.