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Global views and trends

What does the superstar company phenomenon mean?

7 October 2019 -

Superstars – typically in control of their markets and pricing, often at the forefront of innovation and frequently eager to expand – represent both opportunities and threats when it comes to investing.

Their often solid profitability and their ability to protect this can make them attractive propositions.

Their dominance, however, can undermine suppliers and labour markets and their pricing power can jeopardise competition, both at the consumer and at the antitrust level.

Check out our infographic on superstar pricing power as a challenge for policymakers and investors.

Superstar Infographic

 

Also read: Investing in superstars and Are companies about shareholder or stakeholder value?
For more about sustainability at BNP Paribas Asset Management, click here >
This article appeared in The Intelligence Report – 1 October 2019
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On the same subject:
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The adoption of ESG investing in Asia Pacific has accelerated over the last two to three years, particularly in the form of a greater push by leading institutions or governments, but more work still needs to be done, also because Western models cannot simply be copied locally, argues Ligia Torres, CEO Asia-Pacific, in this edition of The Intelligence Report [1].

The Intelligence Report
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The transition to a global sustainable finance system is gaining pace. Speaking at the first PRI Sustainable Finance Policy Conference in September, BNP Paribas Asset Management CEO Frédéric Janbon explained that while sustainable finance is moving up the agenda for policymakers, regulators and investors, much work remains to be done. We set out the key points in this edition of The Intelligence Report.

Here’s reflation, well, for now

Recent geopolitical news has caused financial markets to trade in a reflationary fashion, shrugging off weak data and concern over structural Sino-US tensions, even if the economic slowdown may evoke memories of Q4 2018. Are the similarities actually there?, we ask in this issue of The Intelligence Report [1].