All Developed Market articles
-
White papersEmerging market equities – Assessing the regional prospects
Even if we expect emerging market equities to outperform their developed market peers, country and sector differences, as always, will be significant.
-
White papers
Why farmland now?
Amidst unprecedented market volatility, Westchester Group Investment Management, an investment specialist of Nuveen, explains why they believe farmland is a durable and consistent investment.
-
White papers
Macroeconomic Picture - July 2020
United States: while hard data help size the lockdown-induced impact on Q2 activity and production, soft and high-frequency data are showing a gradual pickup. As pent-up demand comes through, activity will rebound in Q3, followed by further improvement in Q4. We expect GDP to drop by 4.5%-6.5% y/y in 2020, followed by a rebound of 3.0- 4.0% y/y in 2021, and to return to its pre-Covid-19 level by mid-2022. Lockdowns have also impacted inflation, which is driven by shifts in demand and has exhibited short-term weaknesses in 2020, with reflating forecast in 2021 on base effects and a pickup in demand.
-
White papers
Macroeconomic picture – June 2020
The coronavirus crisis has pushed the U.S. economy into a sharp downturn, with severe disruptions of businesses and mass layoffs. Unemployment has surged into double-digit territory (14.7%); confidence on both the consumer and business sides has plummeted; and consumer inflation has started to reflect the consequences of the lockdowns, with headline CPI falling to 0.3% YoY (1.5% prior). The timing and profile of the recovery are still highly uncertain, but we expect GDP to contract between 4.5% and 6.5% YoY, with inflation remaining significantly subdued, with significant risks of moving into negative territory during the year
-
White papers
India in 2020: Active Perspectives on India’s Evolution
In India 2020: A Vision for the New Millennium, A.P.J. Abdul Kalam and Y.S. Rajan detailed how India could become a developed country and one of the world’s four largest economies by 2020. Here, our team shares their thoughts about India’s potential.
-
White papers
Outlook grows more hopeful for EM debt
As the world continues to grapple with the health and economic implications of the COVID-19 pandemic, we believe the emerging-markets (EM) debt sector has reached a key milestone: While many factors remain difficult to quantify, we have potentially passed the point of “peak uncertainty” that jolted global markets in the first quarter. We believe a potentially bullish picture is taking shape for the future of EM debt.
-
White papers
The case for Berkeley Street Emerging Markets Small Cap Equity
Most global investors make a strategic allocation to emerging market equities to take advantage of the expected return and diversification benefits that are driven by the fast-growing and dynamic economies in developing regions.
-
White papers
Market weekly – Fixed income: Deflation, not inflation, is the main risk now
After a rollercoaster ride in April, senior investment strategist Daniel Morris and Dominick DeAlto, chief investment officer fixed income, discuss what will matter next for developed bond markets.
-
White papers
The Widening Emerging-Developed Market Gap
In our previous paper on the impact of rapidly growing budget deficits in Japan, Western Europe and the US, we examined the relationship between debt levels and the short and long-term interest rates over time for 12 developed economies.
-
White papers
Public Engagement Report Q1 2020
The Public Engagement Report highlights some of the stewardship activities undertaken by EOS at Federated Hermes on behalf of its clients over Q1 2020.
-
White papers
Factoring it all in—Q1 2020
After an exceptional 2019, global equity markets looked poised to continue their strong performance during the first quarter of 2020. However, as the economic impact of the novel coronavirus (COVID-19) outbreak containment measures started to come into focus, equity markets around the world sharply retreated in the second half of the quarter. And the pandemic’s effects on the markets obliterated the equity gains made over the past two years in a matter of days.
-
White papers
Coronavirus Crisis: Impacts And Implications For Emerging Markets
After the first wave of the Covid-19 outbreak in China and East Asia, and the second wave in Western Europe and North America, a third wave now looks to be building in several EM and frontier countries. EM and frontier countries may be able to benefit from the experiences and best practices then put in place in countries affected by the pandemic earlier.
-
White papers
The Case for Technology Dividend Growers
It was once thought that companies from the Information Technology sector do not pay dividends. While this may have been the trend a long time ago, it certainly has not been for the last decade. Over the past 10 years, within the Information Technology sector of the S&P 500®, 26 companies initiated dividend payments and 59 companies increased their dividends at various points throughout those years, for a total of 376 dividend increases in the sector.
-
White papers
Glory or Embarrassment?
Active funds generally lagged their passive benchmarks in 2019, but the market environment in 2020 has already shifted radically. Volatility has skyrocketed as the S&P 500® and other indices have fallen. Ironically, it is precisely in a time such as this, when absolute returns are hard to come by, that relative returns might be most readily attainable. This is true not just for traditional stock pickers, but also for active managers looking to express tactical views on the business cycle through sector rotation.
-
White papers
Blog | Why have Chinese equities outperformed?
FTSE Russell highlighted last week that China’s equity market had outperformed most developed and emerging equity markets since the beginning of the year. So, why did Chinese equities outperform global equity markets
-
White papers
Two Birds, One Stone: How the S&P Paris-Aligned Climate Index Concept Meets the Proposed EU Climate Benchmark Regulation and the Recommendations of the TCFD
As the world continues to pump the gas on a one-way street toward catastrophic climate change, market actors are attempting to slow down the traffic by limiting global temperature rise to within 1.5°C since pre-industrial levels.
-
White papers
The Rising Importance of ESG Data
The demand from investors for environment, social, and governance (ESG) data and ESG products has never been stronger. This has triggered a growing industry of ESG data providers in the market. It is vital for S&P Dow Jones Indices (S&P DJI), when choosing ESG data providers who drive our ESG solutions to work with market-leading global practitioners. These practitioners must be able to demonstrate in-depth company analysis and robust governance structures, ensuring the quality of their data and our products.
-
White papers
Blog | Strong dollar is a negative double whammy on overseas returns for US investors
US investors have been licking their wounds from their overseas returns as the weakness in non-US currencies have significantly affected returns. The chart below, which compares global equity returns since the peak in global equity performance on February 19, highlights some divergence in performance between local currency and US dollar returns.
-
White papers
Through the Turbulence, a New Breed of ESG Indices Delivers
Have the new beta-like ESG indices delivered on their objectives, notwithstanding the market turmoil? The answer is yes, and then some. The S&P 500® ESG Index has provided low tracking error relative to the S&P 500 and similar risk, but also a better return.
-
White papers
Monthly Market Monitor - March 2020
Eaton Vance Monthly Market Monitor presents a concise review of economic and asset class data through clear and impactful charts. Providing timely information across a broad array of markets and investment topics, this guide serves as a helpful resource in providing connectivity between changing market events and implications for investor portfolios. Use Eaton Vance Monthly Market Monitor as a critical desk reference that enables more informed discussion and understanding of financial markets.
