By U.S. Southern Command Public Affairs/Edited by Diálogo Staff August 31, 2020 U.S. Southern Command hosted U.S. Space Force and Brazilian counterparts for the newly established virtual U.S.-Brazil Space Engagement Talks. This is the first senior space flag officer event between the U.S. and Brazil and the first such event for the U.S. Space Force.The talks, held during separate virtual sessions Aug. 4, 6, 11, and 13, aimed to strengthen both nations’ already strong space partnership and identify opportunities for cooperation between the U.S. military and the Brazilian government.The talks provided a forum to advance U.S. and Brazilian objectives in the development of space capabilities to support combined space operations. Discussions focused on future collaboration opportunities in space situational awareness; research, development, test, and evaluation; launch; satellite command and control; among other areas.Brazil is a leader in space operations in Latin America with very close ties to the United States. Combined U.S.-Brazil space operations strengthen U.S. and allied competitive advantage by improving mission assurance and military effectiveness across all domains.The United States’ space partnership with Brazil and other regional partners helps ensure access and the use of space for responsible and safe purposes.
European pension funds are prioritising risk management while also squeezing as much out of their assets as possible in 2019, according to an IPE survey.The poll of 123 asset owners found that almost half (48.8%) considered risk management as their top priority this year. More than a third (39%) had “maximising return” at the top of their agenda.Pension fund objectives for 2019Chart Maker As to what risks they would be managing, it was evident that investors were particularly wary of a potential downturn in asset prices: two thirds (65.8%) of respondents said the end of the cycle was their top concern for 2019.Given the collapse in equity markets in the fourth quarter of 2018, it is hardly surprising this risk was front of mind. The S&P 500 fell by 14.3% in the last three months of the year, while the MSCI World index fell by 13.9%, according to Capital IQ.Already, a number of pension funds in the Netherlands and Denmark have reported losses for the fourth quarter – in many cases wiping out gains made over the rest of 2018.Which trends/issues are you most concerned about?Chart MakerUnsurprisingly, with Brexit unsolved and trade wars rumbling on, geopolitical risk was also a top concern for more than half (58.3%) of investors.While a little over a third (37.5%) of investors cited climate change as their biggest concern, far more stated that ESG and impact investing strategies were top of their asset class research priorities. More than half (57.4%) selected this option, while a quarter (26.2%) said they were most interested in learning more about green bonds and climate finance.Which asset classes/strategies are top of your agenda to learn about?Chart MakerIPE surveyed 123 pension funds in December 2018, asking for the objectives, concerns, and asset class priorities for the year ahead.