All Commodities articles – Page 12
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White papersHigh Drama in High Yield
Coronavirus and the OPEC price war combine for a one-two punch to high yield markets.
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White papersWhy invest in African agriculture?
There is a compelling case for adding direct exposure to agricultural farmland and commodities for any real assets portfolio. With rising populations globally and increased urbanisation in emerging countries, there is increased importance placed on food security. In addition, trends have developed that have the potential to lead to further long-term price rises in agricultural markets.
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White papersSharpe Thinking
This week we launch a new monthly review that aims to make sense of the factors driving financial markets. Sharpe Thinking will include timely, active insights from our portfolio managers, analysts and economists, delivered to you by the Investment Office – our independent oversight body that ensures our strategies perform in the best interest of clients.
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White papersWhy solar energy’s prospects look bright for 2020
As the long-term transition towards renewable energy continues apace, we see a sunny outlook this year for solar energy companies, as well as onshore wind and energy storage.
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White papersA U.S.-China Trade Deal Looms While Oil Prices Boomerang
Tensions are high around the world, global growth is low, while oil prices boomerang amidst the Iran clash.
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White papersTrade is not the only drag on growth
Entering 2019, our main expectations were for slower growth, easier monetary policy globally and continuing pressure on bond yields. At a high level, that is how the year played out. But the path to those outcomes has at times surprised us.
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White papersTrade war clouds the outlook
The effects of the US’s multiple confrontations with allies and adversaries over its terms of trade with the rest of the world have overshadowed commodity markets throughout 2019. At the beginning of this year we anticipated relatively swift progress towards a trade deal between the US and China. But as the year progressed it became clear that this confrontation would last much longer than we had initially expected. We now believe it will continue beyond the US presidential election late next year, irrespective of which candidate wins.
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White papersDespite All The Focus on Trade, Inflation Remains Low
U.S. trade trouble continues with a “Phase One Deal” less than imminent, the IEA asserts how U.S. shale-oil production will reshape global energy markets and don’t hold your breath on a December Fed rate cut.
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White papersWells, Wires, and Wheels - EROCI and the tough road ahead for oil
Oil needs long-term break-evens of $10-$20/bbl to remain competitive in mobility. In this report we introduce the concept of the Energy Return on Capital Invested (EROCI), focusing on the energy return on a $100bn outlay on oil and renewables where the energy is being used specifically to power cars and other light-duty vehicles (LDVs). For a given capital outlay on oil and renewables, how much useful energy at the wheels do we get?
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White papersInfrastructure Debt: Steady Activity, Lingering Macro Doubts
Despite the expected seasonal summer slowdown, infrastructure debt financing deals remained steady overall in the third quarter of 2019—with strong activity in the U.S. and Canada, and slightly slowing activity in Europe, with a cautious eye toward Brexit.
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White papersIs oil’s relationship with energy stocks slipping?
Our chart of the month shows that the link between energy stocks and oil appears to be on the slide. What’s happening?
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White papersSeptember Macro Dashboard
Global leading indicators ticked up slightly in August, but remain in contraction territory. While global growth has slowed, risks are tilted to the downside. The mounting toll of higher trade costs, decreased investment and dwindling confidence are weighing on growth.
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White papersCounting the business cost of deforestation
The risk of brand damage and consumer boycotts from poor environmental corporate practice has never been higher. Some companies are changing their ways, others could do more.
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White papersHow do you invest in the global energy transition
Over the next 30 years, the world’s energy system will shift from one based on fossil fuels to one dominated by renewable electricity. We examine the investment opportunity.
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Asset Manager NewsECB Easing and Trade Deescalation Boost Markets
The three things you need to know this week: More signs are pointing to U.S.-China trade war de-escalation, ECB launches new stimulus and the PBOC cuts required reserve ratios.
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White papersMeasuring the market impact of geopolitics
Geopolitical risk is on the rise and investors will increasingly need to take it into account in the coming years. Our analysis looks at how it can impact portfolios and what investors can do about it in terms of strategy.
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White papersThree Ways to Manage Liquidity Risk in Bond Markets
Liquidity risk has grabbed headlines recently after several high-profile funds imploded. The hunt is on to find ways to manage liquidity risk and protect portfolios against further setbacks—but not all investors will be up to the task.
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White papersRising U.S. farm debt and the implications for farmland investors
Three consecutive years of disappointing commodity prices has led to farmer incomes decreasing year after year. Low prices for soybeans, corn, milk and beef have reduced the level of farm income and 2019 is not expected to provide a deviation from this trend.
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White papersNuveen knows: alternatives
Beyond diversification: a geographical focus on farmland and real estate
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White papersWill trade tensions reshape the world order?
The protectionist wave will almost certainly have a chilling effect on the global economy. But trade growth was slowing well before the US-China spat. In the latest Ahead of the Curve, we assess whether the tariff war is disruptive or merely accelerating trends already underway. And will we find opportunities in this fragmented global system, or only challenges?
