All Commentary articles – Page 131
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White papersPrivate Equity’s Return Persistence Through Downturns
Although downturns are all uniquely challenging, there are historical patterns to consider as we try to understand the likely impact of COVID-19 on our existing private equity portfolio.
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White papersA Very Bond-Friendly Crisis
We believe the COVID-19 crisis and the response from governments and central banks creates an unusually favorable macro environment for credit.
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White papersNeuberger Berman Fixed Income: Company Leadership during COVID-19
Assessing Company Leadership during COVID-19 with Active ESG Engagement
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White papersClimate change and infectious diseases
As we manage our way through the coronavirus pandemic, we must not lose sight of the systemic risk posed by the climate crisis. In the second of our series, Nick Spooner explores how climate breakdown will exacerbate infectious diseases, and the steps that companies, investors and governments need to take to mitigate the impacts of the climate crisis and future pandemics.
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White papersWeekly investment update – 3 June 2020
Easing the curbs in Europe; hotspot now Latin America / South Korea: an uptick in cases after lockdown / Europe’s answer to the blow / expect more stimulus and central bank pump priming
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White papersMulti Asset: a solid total portfolio approach for a complex world
An increasing number of institutional investors have adopted a total portfolio approach (TPA) as a response to the weaknesses of more traditional strategic asset allocation (SAA)-based methodologies. We believe the current crisis will reinforce this trend, as it is probably marking a paradigm shift in financial markets. This shift could be as important as the change in US monetary policy brought in by Federal Reserve Chairman Paul Volcker at the beginning of the 1980s, which led to a long period of disinflation, lower interest rates and high asset returns.
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White papersThe Coronavirus and ESG Investing, the emergence of the social pillar
Amundi’s Quantitative Research team has been studying the evolution of ESG investing across asset classes and geographies for the past several years. With the coronavirus pandemic, we have carefully examined these Responsible Investing trends and have identified some interesting findings:
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White papersA New Cold War?
U.S.-China relations have been tested over the course of the pandemic. There are rising concerns that a potential decoupling of the two countries could usher in a new cold war, which may bring negative impacts to the overall global economy. How might this affect China?
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White papersSDG Engagement Equity commentary: Huhtamaki
The SDG Engagement Equity strategy focuses on attractive companies with the potential – through engagement aligned with the Sustainable Development Goals (SDGs) – to generate outcomes that benefit people, the planet and investors. Here we demonstrate how we are engaging with current holding Huhtamaki to create positive impacts on society.
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White papersHow to protect an equity portfolio with an overlay strategy in a market downturn
Dynamic risk management strategies (risk overlays) can be useful for investors. They are a means of reconciling their two main objectives: capturing the risk premia of risky assets to meet their long-term strategic goals, while still meeting short-term objectives such as limits on drawdowns or requirements for regulatory capital.[1]
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White papersAssessing Climate Risk in Portfolios: Expert Roundtable
With climate change, portfolio managers face a new type of variable with diverse effects on economies, industries and companies. AB investors and experts from Columbia University and Willis Towers Watson weigh in on how to address climate change in the investment process.
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White papersA Moment of Solidarity for Europe
There is still much work to do, but the Franco-German-led EU Recovery Fund is potentially a very big deal for Europe.
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White papersPast Performance is Not a Guarantee of Future Results
When the world is changing so rapidly and profoundly, how can we trust the underlying data used in our investment models?
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White papersWhy June May Be The Most Important Month Of The Year
We’ll have a substantially better picture of how quickly global demand may recover.
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White papersAsia Pacific Outlook - May 2020
The outbreak of COVID-19 has quickly translated into a severe shock for the global economy and real estate markets. Near-term indicators of performance have turned sharply downward, and the situation is fast-moving.
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White papersEuropean Outlook - May 2020
The outbreak of COVID-19 has quickly translated into a severe shock for the global economy and real estate markets. Near-term indicators of performance have turned sharply downward, and the situation is fast-moving.
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White papersAmericas Outlook - May 2020
The outbreak of COVID-19 has quickly translated into a severe shock for the global economy and real estate markets. Near-term indicators of performance have turned sharply downward, and the situation is fast-moving.
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White papersTrajectory Monitoring in Portfolio Management and Issuer Intentionality Scoring
2°C alignment has become a major issue for climate-aware portfolio management. There are sophisticated initiatives aiming to predict corporate emission intensities from 2030 up to 2100.
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White papersCOVID-19: Is there still a premium for illiquidity?
One of the immediate consequences of the COVID-19 pandemic has been a marked reduction in investors’ risk appetite. But will their appetite for the illiquidity premium in private markets also disappear? Laurence Monnier explores.
