All Commentary articles – Page 9
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White papersInfrastructure: Stable, scalable and in demand
For institutional investors worried about long-term market volatility, infrastructure appears something of a panacea, offering diversification, stability and yield.
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WebinarAutumn: A Season of Change? Navigating Economic Winds
During this webinar, our experts Vincent Mortier, Group Chief Investment Officer, and Monica Defend, Head of Amundi Investment Institute & Chief Strategist, shared insights on navigating economic changes in autumn, moderated by Swaha Pattanaik, Head of Publishing and Digital Strategy at Amundi Investment Institute.
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PodcastCalm waves mask shifting undercurrents - Global Investment views by Outerblue Convictions
While Europe headed to the beach, journalists were kept busy with the newsflow out of the US this summer, as central bank independence, new tariff announcements and foreign affairs negotiations continued to make headlines.
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VideoGlobal REITs Update – Q2 2025
In our video update for the 2nd quarter of the 2025 calendar year, Chief Investment Officer, Andrew Parsons covers key developments in the Global REIT sector and market insights, including:
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White papersFour charts on why the US economy is so resilient
The United States economy is at a crossroads. Cracks are forming and growth is slowing as tariff policies weigh on hiring and curb consumer spending. On the other hand, generative artificial intelligence (AI) is driving a surge in productivity. The question is: Can AI fill the cracks in the US economy?
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White papersUS stocks touch new all-time highs
The S&P 500, the primary US equities index, touched record highs recently, led by the technology sector and the optimism around the artificial intelligence (AI) boom. A better-than-expected corporate earnings season and hopes of interest rate cuts by the Fed also supported sentiment.
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White papersCan AI continue to power U.S. exceptionalism?
As AI demand drives technology stocks to record highs, investors question whether extraordinary capital spending will deliver sustainable returns and if the Magnificent 7’s market dominance can continue. Discover why U.S. tech leadership may face new challenges, how market concentration creates both opportunities and risks, and what the competitive threat from emerging markets like China means for long-term investment strategy.
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White papersOil and gas: The case for higher returns
Oil and gas companies have historically delivered modest returns despite a favorable environment – averaging just 10% over 30 years. Now, rising political volatility, climate litigation, and competition from clean technologies have increased the risks for the sector. Yet, companies are targeting the same returns. Investors must demand more.
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White papersPlatform wars: How competition could reshape China’s gig worker economy
China’s vast army of gig workers is the backbone of the country’s digital economy, powering consumption and logistics infrastructure. Despite offering flexibility and opportunity, the gig economy also presents challenges such as weak labour protection and income insecurity.
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White papersConstructing the Future: Building Resilient Portfolios With Infrastructure
Private infrastructure stands out in an uncertain world.
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White papersA 20,000-Foot Perspective: Can Bonds and Equities Both be Right?
The combination of stagflation concerns from macro data and robust corporate earnings in the last week have helped bolster the case for a striking gap between fixed income and equity premia persisting, highlighting the complex and finely balanced growth outlook.
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PodcastA World of Opportunity in the Space Economy
The space economy is quickly moving from science fiction to investable reality, reshaping industries far beyond rockets and satellites. But with hype and misconceptions clouding the landscape, how can investors separate signal from noise and identify the true drivers of value in this rapidly expanding market?
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White papersMacro brief: Tariff clarity for Japan but political uncertainty remains
Japan watchers have seen the country strike a solid trade deal with the US in recent weeks, bringing much-needed certainty to a country still dependent on nascent reflation. At the same time, however, the ruling Liberal Democratic Party (LDP)/Komeito coalition’s failure to secure a majority in Upper House elections has intensified calls for new political leadership.
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White papersTop 5 reasons to consider an allocation exposure to direct real estate
Investors today are re-evaluating risk and reward in their portfolios. Real estate can fulfill a need for stability, diversification, performance, and yield, in a world starved of income.
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White papers“US(D) exceptionalism” is not going away
Although equity investors have been adjusting their regional allocations away from the US dollar in recent months, there is little sign this is happening in bond markets, where yields remain high and alternatives to the dollar are limited.
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White papersAsset Class Returns H1 2025
Improved growth/inflation mix: Our long-term model assumptions anticipate a fragmented and even more delayed energy transition, incorporating secular trends and uncertainties that impact price dynamics and volatility. Compared to last year, the growth/inflation outlook appears less penalised by a restrictive regulatory framework around the energy transition, but the uncertainty around inflation has increased.
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White papersCross-border capital investment across global commercial real estate markets
While the majority of global real estate transactions in the most liquid real estate markets are by domestic investors, cross-border capital flows where the capital source isn’t the same country as the asset purchased, are also significant. Due to the recent shift in US tariff policy, cross-border investments into the US are being delayed or deferred. Since the US is the largest global commercial real estate (CRE) market, accounting for 38% of global transaction activity in the past 10 years, if capital flows are reallocated away from the US, how might this impact other key global real estate markets? (We also look at the implications on US commercial real estate liquidity and pricing in our companion piece, “Cross-border capital investment in U.S. commercial real estate”.)
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White papersEuropean real estate market commentary: July 2025
The Eurozone economy has shown resilience, but the outlook is clouded by geopolitical risks and fragile sentiment. Real estate markets remain supported by tight supply and there are immediate opportunities following the market correction, although negative sentiment currently weighs on activity.
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White papersMid-year investment update – Through the rapids
Markets have faced no shortage of challenges over the last quarter, most notably the threat of US import tariffs after ‘Liberation Day’, but also the prospect of a surge in oil prices stemming from the conflict in the Middle East and a sell-off in US Treasury yields following an expansionary budget bill in the US.
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White papersUK real estate market commentary: July 2025
The UK economy continues its slow and uneven recovery in the face of fiscal challenges, uncertainty over geopolitical events and shifting global trade policy, while the UK real estate market continues its own uneven recovery following a significant correction.
