All Commentary articles – Page 64
-
White papersTLTRO in the context of ECB policy normalisation
TLTRO repayments and redemptions will drive incoming ECB passive QT over the next few quarters. So far, banks have repaid a small amount of liquidity, while the ECB’s recent decision on remuneration of excess reserves has helped keep current excess liquidity abundant, aiming at a smooth transmission of its monetary policy.
-
White papersRelaxed financial markets look at Lula’s comeback
The first electoral round was won by former President Lula. However, the incumbent, Bolsonaro, performed better than expected. Their economic agendas differ on a number of issues, while risks are more asymmetric under each candidate. Either could benefit from a robust macroeconomic scenario.
-
Research ReportReal Estate Perspectives - October 2022
With a deteriorating economic outlook, against a background of geopolitical tensions and high inflation, Europe faces a growing risk of recession.
-
Asset Manager NewsGLP Releases Annual ESG Report
Singapore, 11 October 2022 – GLP today announced the release of its annual global environmental, social and governance (“ESG”) report detailing its vision and efforts to reduce environmental impact, address climate change, support local communities, promote diversity, uphold corporate governance and more.
-
White papersDiversification with opportunity – European real estate
European real estate offers investors the opportunity to diversify their existing portfolio while participating in long-term trends. Swiss private investors, for example, usually focus on the domestic real estate market. However, institutional investors have recognized the opportunities and advantages of European real estate in recent years and have started to introduce foreign investments into their existing portfolios.
-
White papersCLOs: Up in Quality
Against a challenging macro backdrop, CLOs look attractive given the strong structural protections and incremental yield on offer—but there is a case to be made for staying up in quality.
-
PodcastU.S. Commercial Real Estate: A Time for Fear or Greed?
As negative headlines come fast and furious, commercial real estate investors are faced with a question: Is now a time to get defensive, be opportunistic, or prepare for the worst?
-
White papersESG Viewpoint – Can mining be a responsible investment?
Its environmental and social impacts can make mining hard to square with a responsible investment approach. As the world shifts away from fossil fuels – a move that increases demand for ‘transition metals’ – we explore the need to think again.
-
White papersThe Meeting Room: Asia ex-Japan, September 2022
Join Jonathan Pines and Sandy Pei for the latest Federated Hermes Meeting Room: Virtual Portfolio Briefing on Asia ex-Japan.
-
White papersMarkets on edge despite Bank of England intervention
Sweeping UK government tax cuts sent shockwaves through financial markets as investors and economists queried the wisdom behind the plan.
-
PodcastEpisode 3 of RedevCast now live!
In this episode, Redevco’s Development Manager, Robert Bakker and Project Architect, Eke Wondaal from Rijnboutt share their vision behind an urban redevelopment, where we will add 45 residential units to an outdated, but well-located and central retail property in the city centre of Groningen, the Netherlands.
-
White papersWhen markets resist recession risk, macro analysis is pivotal
Asset prices are seemingly defying the global economic gloom, making analysis of macro indicators important in understanding how market conditions might evolve. In the latest quarterly edition of Simply put, we explain our current multi-asset portfolio positioning and the integration of a new, proprietary real-time macro overlay into our investment process.
-
White papersFixed income investing: the active advantage, in times of interest rate sensitivity
Active fixed income strategies may offer investors numerous advantages over passive index strategies, providing enhanced risk-adjusted performance potential. Investors are still seeking risk-managed returns in the current high inflation and rising rate environment, and we believe active management for fixed income can better help investors pursue their goals.
-
White papersEconomic and Market Review: Key Considerations for Equity Investors
We put out a cautious Equity Market Outlook three months ago, and after a quarter of worsening economic data and inflation trends we are now even more focused on low beta and high earnings quality.
-
White papersChina: This Time is Different
The Chinese economy is facing its hardest test in over two decades, and it will not come out of it easily.
-
White papersGlobal Investment Views - October 2022
Geopolitical risks have returned to investors’ radar screens with President Putin’s escalation of the war in Ukraine. At the same time, inflation remains in the spotlight: the latest US reading was concerning, causing yields to rise while equity markets tumbled.
-
White papersFast Filtering with Large Option Panels: Implications for Asset Pricing
The cross-section of options holds great promise for identifying return distributions and risk premia, but estimating dynamic option valuation models with latent state variables is challenging when using large option panels.
-
White papersFiorino: Can Europe’s banks withstand high-pressure energy disruption?
As Russia threatens to halt gas supplies to Europe, Fiorino looks at the impact of the European energy crisis on financial institutions in the region.
-
White papersA Fresh Approach to Climate Anxiety
Understanding the differentiated macroeconomic impacts of the climate transition can shape better investment and policy strategies.
-
White papersSchroders Capital Real Estate House View – October 2022
In the new Schroders Capital Real Estate House View, investors will find views and data on the real estate market, and where we think opportunities are emerging.
