Before diving into what's new, it's worth giving a recap on an intense year. Sustainability regulations in 2024 marked a significant milestone for sustainable finance, although their full impact is still unfolding.

The landscape of equity markets is undergoing profound changes, offering a historic opportunity for active investors. In a market increasingly dominated by passive investment strategies and marked by heightened volatility, active management has become an essential tool for addressing these dynamics. Recent trends underscore this shift, with a record number of stocks experiencing substantial price swings around earnings releases. This environment presents plenty of opportunities for long-term, fundamentally driven investors to achieve superior performance.

Recognising the critical role of the financial sector in reversing biodiversity loss, DPAM became a signatory of the Finance for Biodiversity Pledge in December 2020.