Content (373)

  • banknotes-euros-and-sterling

    White papers

    What do geopolitical risks mean for central bank FX reserves managers?

    2024-06-20T11:39:00Z

    Two major industry surveys show that adjusting for geopolitical challenges will impact the way foreign exchange reserves are managed.

  • Back to basics- why the time is right for a return to multi-asset

    White papers

    Back to basics: why the time is right for a return to multi-asset

    2024-06-17T11:46:00Z

    The key characteristic that draws investors to a multi-asset portfolio is diversification. Diversification – sometimes referred to as the only free lunch in finance – embeds the idea that if a portfolio holds various asset classes, each with their own return drivers, the outcome is a smoother return profile. In other words, protection on the downside while still participating in the upside market moves.

  • US elections- the Inflation Reduction Act and the risk of repeal

    White papers

    US elections: the Inflation Reduction Act and the risk of repeal

    2024-06-14T13:59:00Z

    In November the US goes to the polls to decide who will be the next president – the Democrat incumbent Joe Biden or returning Republican nominee Donald Trump. Under Biden, in August 2022 the US introduced the Inflation Reduction Act (IRA), a federal law which aims to, among other things, invest into domestic energy production while promoting clean energy. It represents the largest ever Congressional investment in the energy transition.

  • Fixed-income outlook- Shifting opportunities for bond investors

    Video

    Fixed-income outlook: Shifting opportunities for bond investors

    2024-06-14T13:50:00Z

    You don’t need interest rates to go down to succeed in fixed income, but you do need to look closely to find relative value.

  • The snap election could put QE losses back in focus

    White papers

    The snap election could put QE losses back in focus

    2024-06-11T14:03:00Z

    Back in 2021, when the Bank of England (BoE) announced the end of quantitative easing (QE) and the beginning of quantitative tightening (QT), few commentators understood how out of kilter the Bank’s balance sheet had become compared to central bank norms. The result has been losses on the BoE bond portfolios that dwarf those of other central banks.

  • UK Real estate – Overview Q1 2024

    White papers

    UK Real estate – Overview Q1 2024

    2024-05-22T13:31:00Z

    Total returns for the UK commercial property market turned positive in Q1 2024 with the MSCI UK monthly index recording a return of 0.6% (0.3% on a 12-month basis to March). Retail was the best-performing sector with a total return in the three months to March of 1.5%. Offices continued to struggle and were the only sector to register negative total returns in the first quarter, coming in at -1.4%.

  • Water in crisis – searching for solutions

    White papers

    Water in crisis – searching for solutions

    2024-05-21T13:35:00Z

    The world is facing a water crisis. Around the globe we either have too little (drought), too much (flooding) or too toxic water.

  • Positives for Europe, but the Middle East could be a headache

    White papers

    Positives for Europe, but the Middle East could be a headache

    2024-05-16T13:38:00Z

    Inflation is a stubborn problem in the US due to labour shortages, but this is much less of a factor in Europe where activity is dull but likely to recover as the consumer is well supported.

  • Irish banks- a classic turnaround tale… and opportunity

    White papers

    Irish banks: a classic turnaround tale… and opportunity

    2024-05-09T13:42:00Z

    In April, with little fanfare, AIB (Allied Irish Bank) became the first Irish bank to issue a 10-year dollar senior benchmark bond.It was popular with investors: the bank borrowed $1 billion with orders of $7 billion. It was priced at 160bps over Treasuries – a similar level at which we would expect the larger UK and French banks to issue. This confirms that Irish banks are back to their rightful place in the eyes of credit investors.

  • Decarbonising steel- redefining the value chain   and the role of iron ore miners

    White papers

    Decarbonising steel: redefining the value chain and the role of iron ore miners

    2024-05-03T11:16:00Z

    The global steel industry is currently responsible for about 7% to 9% of annual global CO2 emissions. In some countries like China, South Korea, and Japan, emissions from the steel sector are nearly double the global average, at 15%, 14% and 12% respectively. Demand for steel is expected to grow. 

  • UK Real Estate- Talking Points April 2024

    White papers

    UK Real Estate: Talking Points April 2024

    2024-04-25T11:22:00Z

    Welcome to our quarterly snapshot of current real estate market trends, using transparent capital and occupational market data points to summarise key implications for asset allocation and performance prospects.

  • Regulation set to supercharge push on plastics

    White papers

    Regulation set to supercharge push on plastics

    2024-04-22T11:57:00Z

    Voluntary plastic goals have yielded little meaningful change on plastic production and recycling. But forthcoming regulatory changes will heighten both the risks and opportunities companies – and investors – must navigate.