All Asset allocation articles – Page 10
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White papersCross Asset Investment Strategy - May 2022
We are witnessing significant divergences in the economic outlook (we have revised down the EU and Chinese economic outlooks vs. the more resilient US economy) and in market performances.
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White papersIntegrating Climate Risk Into Strategic Asset Allocation
Is your strategic asset allocation process missing climate risks—and foregoing climate opportunities?
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White papersParallels to the 1973 Market Shocks May Be Imprecise
We analyzed asset class returns and macroeconomic trends following seven geopolitical and commodity shocks from the early 1970s to the present. Our scenario analysis revealed that geopolitical and commodity shocks do not typically trigger equity underperformance, although the dual shock of 1973 is the only worrisome analogy.
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White papersThe Case for Gold in DC Asset Allocations
The traditional Defined Contribution (DC) investment portfolio made up of equities and bonds has worked well for investors for a long time. For much of the last 15 years, the environment that has afforded this success has been driven by central bank actions such as ultra-low interest rates and quantitative easing.
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White papersAsset Allocation Committee Outlook - 2Q 2022
Against a background of structurally higher inflation and declining growth, exacerbated by Russia’s invasion of Ukraine, the Asset Allocation Committee’s (“AAC”) views have become more risk-averse.
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White papersAllocation Views: Simplify the problem—A tighter focus
It has been an eventful start to the year. A significant rotation in equity market leadership in the early part of 2022’s first quarter saw the prospects for growth stocks derailed. This was followed by the shocking outbreak of war in Ukraine, adding new complexity to established geopolitical uncertainties—and all set against a backdrop of slowing economic activity, as well as inflation that was both persistent and troublesome.
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White papersMonitoring Narratives: an Application to the Equity Market
In this research, we show that variables from the Global Database of Events, Language and Tone (GDELT) convey significant informational content that can improve on a purely macroeconomic approach when modeling the US equity market.
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White papersUkraine: where do we stand?
By calling the war in Ukraine a «tectonic shift in European history», European leaders are giving an indication of the regime changes this war could lead to in the medium term.
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White papersMarket Scenarios and Risks - April 2022
We keep the narratives and the probabilities of our central and alternative scenario unchanged versus last month. The war in Ukraine could evolve in several ways over the coming weeks (see Ukraine crisis tree) with significant implications on economic and financial markets.
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White papersCross Asset Investment Strategy - April 2022
The first month of the Russia-Ukraine war has driven volatility up across the board, though with some recent signs of stabilisation in equity markets. Europe is the area most exposed to the war – in particular, through the effects of higher energy prices, supply chain disruptions, and geographic proximity, but the commodity squeeze goes far beyond energy to include agricultural commodities and metals.
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White papersThe Changing Face of Asset Management
The focus is now on identifying and meeting shifting tenant demands and not just on collecting the rent, say CBRE Investment Management’s Adrian Baker, Laurie Lagarde and Steve Gullo
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White papersBalance Is the Watchword with Commodities Exposure
The highest inflation in 40 years has spurred more investors to search for assets that can help offset its bite. Commodities exposure, designed carefully, can provide effective inflation defense and portfolio diversification. But after many years of being mostly overlooked by investors, commodities have only recently re-entered the conversation—we think for the right reasons.
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White papersAsset Classes Views: Keeping up with climate change
The third year of the Covid crisis began with renewed concerns over the interplay between surging inflation and an economic recovery contingent on concerns over policy tightening, a trend further accelerated by the Russian-Ukrainian conflict.
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White papersAmundi Pension Funds Letter n°14
In this latest edition of Amundi Pension Fund Letter we turn our gaze to China. The world’s second largest economy since 2010, China is now emerging from the United States’ shadow and may well become the world’s leading economic power by 2030.
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White papersSuper Funds & Master Trusts in a World of Member Switching, Early Release Schemes & Climate Calamities
As defined contribution (DC) plans have grown and have increasingly become the primary retirement savings vehicle, asset allocators are increasingly interested in incorporating illiquid private assets in these retirement funds to offer participants access to investment portfolios and risk-adjusted returns similar to defined benefit (DB) plans or larger institutional portfolios.
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WebinarUkraine war: economic, policy and market implications
Russia’s invasion of Ukraine has sharply altered the global economic and financial outlook. It has increased the stagflation risk, making the life of central banks ever more difficult.
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White papersFixed Income Amid Inflation
What does the current inflationary environment mean for multi-sector fixed income portfolios?
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White papersGrowth and Low Risk: A Harmonious Co-Existence
Growth investing is a well-known strategy in active management. The aim is to put together a portfolio of stocks that captures higher than average growth rates in share prices, profits, revenues or cash flows.
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PodcastCommodities: An Inflation Hedge for All Seasons?
As we see the effects of inflation taking place globally, investors may be wondering what their next move is in asset allocation. However, the inflationary environment we’re seeing today is unlike what we have seen in forty years. So to no surprise, commodities investments have become top of mind to many investors as it’s considered a traditional inflation hedge. But does that thinking apply to all inflationary environments? And what are the ESG implications behind commodities investing today?
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White papersThe Inflation Inflection
The COVID-19 pandemic, and the range of policies aimed at mitigating its impact, has triggered a return to levels of inflation unseen for 40 years. While inflation is likely to moderate from these very high levels during 2022, we believe it will settle and persist at a rate higher than we have become used to over recent cycles.
