All Commentary articles – Page 132
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The 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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A 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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SDG 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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How 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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Assessing 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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A 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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Past 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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Why 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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Asia 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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European 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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Americas 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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Trajectory 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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COVID-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.
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AEW Research Flash Report - May 2020
In this fourth update since the onset of the Covid-19 crisis, we update and combine some of our initial thoughts about the impact of the lockdowns and expected restrictions going forward.
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Global Real Estate: Cyclical & Structural Impacts of COVID-19
As investors navigate global real estate markets in the months and years ahead, understanding the interplay between near-term cyclical weakness and long-term structural trends will be key
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May Macro Dashboard
While supply is coming back, the demand recovery remains unclear. The damage in Europe is showing up larger than expected a month ago, but high frequency data showed some signs of improvement in May. China’s economy is on the road to recovery, though the path differs by sector.
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Global Outlook - Real Estate During a Crisis
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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Coronavirus – Weekly update – 27 May 2020
Exits from lockdown proceed with no major upsets / Stock markets remain cautiously positive / For now the ‘wall of money’ from central banks has quashed volatility.
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In the wake of first-quarter reporting season, the consensus is probably still too optimistic
At -12% for the S&P 500 in the US and -35% for the Stoxx 600 in Europe, first-quarter results were hit hard by the pandemic, even though it had hardly begun by the end of the quarter. It is therefore a safe bet that results will be even worse in the second quarter but also that they will bottom out for the year. Even so, the consensus still looks far off the mark for both second-quarter results and for 2020-2021. Consequently, the positive impact from reopening the economy already appears to be priced in by far.