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CISCO Partners With Schroders to Launch Sustainable Investment Portfolios

Strategic Partnership Redefines ESG Investing

CISCO, a subsidiary of the Bank of Cyprus Group, has entered into a strategic alliance with Schroders, a globally respected asset management firm, to introduce a new suite of sustainable investment portfolios. Designed primarily for institutional investors as well as others favoring Environmental, Social, and Governance (ESG) principles, the collaboration marks a significant evolution in Cyprus’s financial services sector.

Combining Local Expertise With Global Leadership

The partnership leverages CISCO’s extensive market expertise and longstanding track record in managing institutional mandates with Schroders’ global leadership in sustainable investments. Schroders was chosen for its proven heritage in ESG and impact investing, underpinned by proprietary investment models, ensuring that the newly launched portfolios align with the growing demand for investment solutions that deliver robust long-term financial performance alongside responsible investment practices.

Structured for Comprehensive Performance

The sustainable portfolios have been meticulously designed with clearly defined sustainability metrics. They are continuously monitored for both financial and non-financial performance, adhering to internationally recognized best practices in responsible investing. The portfolios cater to a wide range of investor profiles—from conservative to dynamic—providing tailored solutions that manage risk while capitalizing on opportunities presented by the global transition towards sustainability.

Executive Insights and Market Implications

Christos Kalogeris, CEO of CISCO, stated, “Our mission is to consistently deliver excellence not only in portfolio performance but also in the positive impact we create. Through this collaboration with Schroders, we are proud to offer investment solutions that reflect both superior performance and principled investing, enabling our clients to achieve sustainable growth with transparency and accountability.”

Dimitrios Batzis, Head of Southern Eastern Europe and Mediterranean at Schroders, added, “By merging Schroders’ advanced proprietary sustainability models with CISCO’s market expertise and local leadership, we are uniquely positioned to provide a differentiated investment proposition. Our commitment is to ensure truly responsible investments that generate long-term value for Cypriot investors.”

Alignment With Regulatory Trends

CISCO’s Asset Management Division, one of the largest in Cyprus, serves a broad base of institutional clients, including pension funds, welfare funds, insurance companies, and corporations, both local and international. This initiative not only responds to increasingly stringent regulatory expectations but also addresses the evolving demands of investors for ESG-integrated strategies.

Positioning for the Future

This strategic move firmly positions both CISCO and Schroders at the forefront of ESG innovation within the region, empowering institutional investors to effectively navigate the risks and opportunities associated with the global shift towards sustainability.

Disclaimer

CISCO is regulated by the Cyprus Securities and Exchange Commission. License number: 003/03. The content herein does not constitute investment advice. Investing involves risks, and returns are not guaranteed. Prospective investors should consult a licensed professional before making any investment decisions.

Airbnb Unveils Reserve Now, Pay Later Option For U.S. Guests

Introduction

Airbnb has introduced an innovative payment solution designed to enhance user flexibility for U.S. travellers. The new “Reserve Now, Pay Later” feature enables users to secure a booking without an upfront payment, offering a streamlined cancellation process should plans change.

Flexible Payment Terms

This new option applies to listings that feature either flexible or moderate cancellation policies. Under a flexible policy, guests can cancel their reservation up to 24 hours before check-in, while a moderate policy offers no-fee cancellations until five days prior to arrival.

Payment Timing and Reminders

Regardless of the cancellation window, guests are obligated to complete the full payment before the expiration of the free cancellation period. Airbnb ensures a smooth experience by sending timely payment reminders to avoid any last-minute issues.

Evolution of Airbnb’s Payment Solutions

This initiative builds on Airbnb’s previous forays into flexible payment structures. In 2018, the company offered a partial upfront payment model, and more recently, a collaboration with Klarna enabled guests to pay in four installments over six weeks. Such strategic advancements demonstrate Airbnb’s commitment to adapting and refining its payment solutions to meet evolving consumer demands.

Consumer Insight Driving Innovation

Airbnb’s decision to launch the “Reserve Now, Pay Later” feature reflects robust consumer demand, with recent surveys indicating that 55% of respondents prefer flexible payment options. Additionally, 42% noted missed opportunities due to payment complexities when coordinating with travel companions, underlining the need for simplified financial arrangements.

Conclusion

By enhancing payment flexibility, Airbnb not only broadens its appeal but also addresses critical customer pain points, reinforcing its position as a leader in the evolving travel market. This initiative exemplifies how strategic innovation can drive customer satisfaction in an increasingly competitive landscape.

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