All Commentary articles – Page 154
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White papersThe Circular Edition 1, 2020: keeping you in the sustainability loop
It’s a new year and a new opportunity to shine a light on sustainability. We’ve summed up our recent insights on environmental, social and governance (ESG) investing to bring you the latest edition of The Circular.
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White papersSeeking riches with the tide far out: 360°, Q1 2020
What is our current view of fixed-income markets? And where do we see the best relative value? In our latest edition of 360°, Andrew ‘Jacko’ Jackson, Head of Fixed Income, and his team of specialist investors considers the areas that have the potential to deliver superior risk-adjusted returns.
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White papersAmplified: Fixed income markets in the new decade
In this episode of Amplified, Eoin Murray, Head of Investment and Andrey Kuznetsov, Senior Credit Portfolio Manager, take a look at the new decade for fixed income markets.
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White papersNew institutional investor insights - 20/20 vision: a clearer path for growth
Diversification and selectivity will become ever more important in 2020 and beyond, especially as we think yields will remain low, returns will be tough to come by and volatility may rise. That means getting more exposure to more opportunities and more risks across asset classes, while remaining nimble.
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White papersRevisiting China’s Equity Markets as Coronavirus Spreads
Growing fears about the coronavirus have hit Chinese stocks. While markets will remain unstable until China gets the outbreak under control, equity investors should revisit lessons from previous epidemics and consider the potential longer-term effects of the current crisis.
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White papersCoronavirus & The Next Global Financial Crisis
The actions, both real and perceived, taken by China’s government to contain the coronavirus should serve as an indication of how authorities there would (or wouldn’t) respond to a future financial crisis and contagion of a different kind in the global economy.
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White papersAsset classes views: Detecting Tipping Points
The report highlights the causal relationships between macro-economic factors and long term trends in asset prices, incorporating the latest discussions and analysis and drawing on insights from Amundi’s industry experts. We confirm our central scenario of subdued growth and inflation on a global scale, albeit leading to even lower returns due to complications from late-cycle investing. Recovery is likely as rates and profits normalise while central bank authorities stock up on the ammunitions needed to face further cyclical downturns.
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White papersAnother Breakthrough Year for China Bonds
The market made it into global indices but also broke records for defaults in 2019 and is facing uncertainty from the coronavirus: we take stock for 2020.
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White papersInvestment Phazer Update: downward trend is confirmed
While in the short term we do expect some temporary relief coming from positive economic surprises and supportive news on the trade front (should coronavirus impact be limited), on a medium-term horizon our economic scenario confirms the fragility of the profit cycle.
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White papersOpportunity exists for US, UK and Canadian pension funds who are prepared to de-risk
We recently witnessed the end of a very important moment, when US, UK and Canadian pension funds were simultaneously at the best funded status they had experienced in ten years. At the same time, all three markets had new entrants in pension insurance and reinsurance with ample insurer capacity, vibrant price competition and attractive buy-in and buy-out pricing. Additionally, seven years of lower than expected longevity improvements meant the lowest liability pricing from insurers and reinsurers in over ten years.
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White papersFocal Point The Corona virus: What to expect?
The outbreak of the Corona virus (2019-nCoV) is spread-ing fears around the globe and rattling financial markets. Since it likely sprang over to humans in the city of Wuhan in central China in early December 2019, new infections have grown exponentially. By the time of writing, China re-ports 7,711 people infected and a death toll of 170.
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White papersThe Cruelest Month May Come Early This Year
The forecasts told us 2020 should be smooth and any turbulence wouldn’t come until later, if it came at all. Yet, we’re one month in and already risk is beginning to loom across three continents’ horizons.
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White papersFocus On Fundamentals: Virus Volatility Provides Entry Points For EM Equities
The coronavirus has been the strongest driver behind the recent volatility in financial markets, providing the trigger for a break in the rally in risk assets, which had been running uninterrupted since October.We should be aware that the trough for markets could be well in advance of the peak of the epidemic, as markets tend to overreact at the beginning of a crisis and then stabilise and rebound, despite the continuation of the negative news flow.
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White papersSecure income and green infrastructure: an unlikely marriage?
How to source stable, long-term cashflows with a strong ESG focus
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White papersSetting the standard for sustainable agriculture
Businesses, governments, and people from all walks of life are increasingly recognizing sustainable and responsible business practices as crucial to confronting some of the world’s most pressing economic, social, and environmental challenges.
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White papersFocal Point US outlook: a soft landing supported by the Fed
We expect the US economy to cool this year. Growth will likely ease from 2.2% to 1.6% because of the full effect of tariffs becoming effective during the first half of the year. The lagged impact of the 2019 rate cuts and that of the additional reduction we expect for Q2 will engineer a soft landing of the economy, despite still substantial headwinds. The Fed will take big steps to adapt its monetary policy strategy to a low-inflation, low-interest rates world. The broad view of this strategy should be clearer by summer, but the dovish bias it will most likely produce will be welcomed by markets.
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White papersThree trends to watch in UK long-income real estate
In an era of low interest rates and rising maintenance costs, the benefits of long-income assets within UK real-estate portfolios are hard to ignore. Tim Perry looks at three key trends that are influencing the UK long-income market.
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White papersRisks Rebalanced - Asset Allocation Committee Outlook 1Q 2020
On Tuesday, January 14, Erik Knutzen, CIO of Multi-Asset Class, Gorky Urquieta, Co-Head of Emerging Markets Debt, and Conrad Saldanha, Senior Portfolio Manager, Emerging Markets Equity, discussed the AAC’s latest views on navigating the current market environment.
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White papersStable Growth, Policy in Transition - Fixed Income Investment Outlook 1Q 2020
With a stable economy likely to provide a positive environment for credit this year, shifts in monetary policy could contribute to more frequent volatility in fixed income markets, while political developments will be an ongoing risk.
