Content (140)

  • Missing Pieces - A Better Approach to Sovereign ESG Analysis

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    Missing Pieces: A Better Approach to Sovereign ESG Analysis

    2020-11-05T12:53:00Z

    ESG integration has built considerable momentum in recent years, but the case for incorporating ESG in sovereign-credit analysis isn’t always clearly articulated. In developing a more rigorous ESG model, we’ve created a framework that enhances traditional sovereign-credit analysis and provides fresh insights into the drivers of long-run economic performance.

  • ESG in Action - Protecting the Amazon by Investing in Brazilian Beef

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    ESG in Action: Protecting the Amazon by Investing in Brazilian Beef

    2020-10-21T12:49:00Z

    Blazing wildfires and a shift in Brazilian government policies away from environmental stewardship have thrust deforestation into the international spotlight. AB equity and credit portfolios’ large positions in Brazilian beef producers provide an opportunity to promote sustainable practices that can help protect tropical forests while mitigating environmental and investment risks.

  • 2020 US Election - What the Polls Could Mean for Policy and Markets

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    2020 US Election: What the Polls Could Mean for Policy and Markets

    2020-09-02T08:36:00Z

    The field is set for the 2020 US presidential election, and markets are turning their focus to November’s contest. Of course, we can’t predict the electoral result for the presidency or Congress, and even the market’s reaction is unclear. However, given the stakes of this election, investors would be well advised to track a few key themes.

  • Pushing on an Open Door – Covid 19 is Intensifying Long Term Macro Trends

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    Pushing on an Open Door – Covid 19 is Intensifying Long Term Macro Trends

    2020-09-02T08:32:00Z

    The COVID-19 pandemic has had historic—and nearly immediate—repercussions for society, the global economy and policy. The aftereffects will last for many years, reinforcing long-term trends including deglobalization, populism and mounting debt. How will governments tackle the debt overhang—and how do these trends impact our macro views?

  • Debunking the Myths of “High-Priced” Tech Stocks

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    Debunking the Myths of “High-Priced” Tech Stocks

    2020-09-01T12:17:00Z

    Technology stocks seem unstoppable. Giants like Apple and Microsoft, as well as technology-driven consumer firms such as Amazon and Alibaba Group, continue to do well through the COVID-19 pandemic. 

  • Growth Surge Reshapes US Stock Market in 2020

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    Style Tilt: Growth Surge Reshapes US Stock Market in 2020

    2020-08-28T13:39:00Z

    During the coronavirus downturn and rebound, US growth stocks outpaced value stocks by a record margin. Now growth stocks seem expensive, but that depends on how you look at it. So are these trends likely to continue—and how should investors position across different equity styles?

  • Is There Opportunity in COVID-19 Valuation Dislocations?

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    Is There Opportunity in COVID-19 Valuation Dislocations?

    2020-08-25T13:45:00Z

    Capital markets have rebounded from their COVID-19-induced lows, but impacted industries have lagged substantially. That pessimism may be overdone in some cases, creating opportunities for multi-asset investors to exploit dislocations.

  • COVID-19 is Intensifying Long-term Macro Trends…Especially Debt Overhangs

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    Pushing on an Open Door: COVID-19 is Intensifying Long-term Macro Trends…Especially Debt Overhangs

    2020-08-24T13:52:00Z

    The COVID-19 pandemic has had historic—and nearly immediate—repercussions for society, the global economy and policy. The aftereffects will last for many years, reinforcing long-term trends including deglobalization, populism and mounting debt.

  • Is Concentrated Investing Riskier in Today’s Uncertain Environment?

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    Is Concentrated Investing Riskier in Today’s Uncertain Environment?

    2020-08-19T08:46:00Z

    In a world of increased uncertainty, many investors’ natural instinct is to “hedge their bets” by diversifying, rather than investing in a concentrated strategy. But this year, a portfolio consisting of just the five largest US stocks would have significantly outperformed. So, is there a way to reduce risk and to capture long-term growth in a concentrated portfolio?

  • Record US Index Concentration Adds Hazards for Investors

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    Record US Index Concentration Adds Hazards for Investors

    2020-07-06T08:54:00Z

    US growth companies led the second-quarter rebound, fueled by the five largest technology and new media stocks, which now comprise more than a third of the Russell 1000 Growth Index (R1000G). Investors should be alert to the risks of high benchmark concentration.

  • Lopsided Equity Rally Highlights Growing Market Risks

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    Lopsided Equity Rally Highlights Growing Market Risks

    2020-07-06T08:49:00Z

    Global equities rebounded sharply in the second quarter, driven by massive stimulus efforts and progress in the fight against the coronavirus. But investors face new risks in the third quarter as companies and countries count the costs of the pandemic and cope with the threat of a second wave of contagion.

  • Brexit in the Coronavirus Era

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    Brexit in the Coronavirus Era

    2020-07-02T08:59:00Z

    Reaching a mutually beneficial Brexit deal has so far been beyond the reach of UK and European Union (EU) negotiators. Now that COVID-19 has struck, can they avoid a damaging split?