All Cash articles – Page 2
-
White papers
What will you do with extra cash as the Fed changes course?
With the Federal Reserve’s rate hikes potentially over, this year is already shaping up to be a favorable one for fixed income returns following a dismal 2022. Investors who rushed for the exits last year, sending money market fund levels soaring to $5.2 trillion, may be wondering if it’s time to retrace their steps.
-
White papers
Stress in US regional banks continues, while the Fed moves towards a pause
The recent banking stress has been a real test of capital and liquidity regulations enacted after the 2008 crisis.
-
White papers
Market nervous on Deutsche Bank, but fundamentals of European banks are solid
“We see a continuation of declining credit growth which is consistent with monetary tightening, but no credit crunch.”
-
White papers
Multi-asset Allocation Views: “Magical Mystery Tour”
In this Allocation Views, our Franklin Templeton Investment Solutions team believe the prospect of policy rates remaining higher for longer has been a reality check on investor sentiment and helps to reinforce the team’s preference for a moderately cautious view of stocks.
-
Podcast
Sheltering from volatility with real estate debt
Investors combing financial markets in search of safe passage amid rising interest rates and uncertainty over the direction of economies might want to look for a harbour in real estate debt. The essential nature of the services that property provides – first and foremost shelter – and the relatively inflexible demand for space that this entails both help give this asset class resilience.
-
White papers
Industry trends to watch in 2023
The last few years have delivered a fair share of ‘once-in-a-lifetime’ setbacks for asset managers and investors. As we come out on the other side, I am excited about the opportunities.
-
White papers
Evidence of the low volatility anomaly
It is relatively easy to demonstrate the low volatility anomaly – the phenomenon that first came to light half a century ago showing that investing in higher risk equities is not necessarily rewarded with higher returns. Raul Leote de Carvalho explains.
-
White papers
Measuring the Value of a Portfolio Liquidity Line
Cash is needed to provide portfolio liquidity, but it often carries a high opportunity cost. While CIOs may contemplate reallocating a portion of portfolio cash into investment assets to help improve expected portfolio returns, they know that having cash on hand is beneficial to cover unexpected liquidity needs and avoid having to sell assets, especially during poor market environments. But is there a better way to balance the costs and benefits of cash?
-
White papers
Thinking Strategically About Commodities
A laggard over the past decade, commodities appear, in our view, poised for continued strength in the years ahead.
-
White papers
Short Duration High Yield: Replacing Rates Risk With Credit Risk
Short-duration high yield could be an under-explored option for investors who need current income to meet short-term liabilities, but cannot afford the interest rate risk that would accompany a search for yield in longer-dated bonds.
-
White papers
Four insurance portfolio allocation themes for 2022 and beyond
In today’s investment landscape, how can insurers effectively construct investment portfolios to achieve their targets and balance a range of unique requirements? This paper looks at four allocation themes we believe are most relevant to insurance portfolios.
-
White papers
Case Study: Avoiding cash drag using Equity Index futures
Cash is a necessary component of most investment portfolios. It’s present in a portfolio for operational reasons, including managing subscription/redemption flows and income streams such as dividends.
-
White papers
UMR Phase 5: A Real Challenge for Real Money?
In this article, we discuss the challenges along with the potential impacts and responses of the Uncleared Margin Rules (UMR) on real money accounts.
-
White papers
A factors-first approach to efficiently growing assets in the surplus space
Corporate pension plans’ top priority: Building efficient portfolios in the surplus space
-
White papers
Fiorino: banks versus shadow banks, a heavyweight battle emerges from new financial fields
Money gives weight to power, with the all-pervasive field of banking typically behind this transformation. However, as Fiorino discovers, a previously hidden force in the banking universe is now revealing its massive influence…
-
White papers
Cash dethroned: reallocation opportunities for insurers under Solvency II
Insurers continue to grapple with historically low cash rates and potentially high capital charges on some defensive assets under Solvency II.
-
White papers
Doomsday at the bank: a spoonful of measures helps the resolution go down
The global financial crisis proved bank failure was not just ancient history or fictional fodder. Fiorino explains why post-crisis measures to fend off future financial meltdowns may have changed the odds but left the possibility of ‘doomsday’ intact.
-
White papers
The Future of Money May Come Sooner Than You Think
The pandemic delivered a boost to cashless commerce, but fresh designs for digital money will disrupt far more than coins and bills.
-
White papers
Private credit markets – adjusting, adapting and responding
Lately, there has been renewed interest to get deals done and enter into negotiations on new investments as private credit markets re-open following a period of relative stability and reduced volatility in publicly-traded markets.
-
White papers
Generating Interest
Must investors settle for sub-zero real returns on their cash allocations?