All Emerging Market Debt articles – Page 17
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White papersActive management to find yield in fixed income
Unprecedented monetary and fiscal measures by central banks and governments have installed a low-yield/low-volatility regime in developed bond markets. As investors search hard for yield, senior investment strategist Daniel Morris discusses the prospects for fixed income markets with Dominick DeAlto, chief investment officer fixed income.
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White papersHow Long Can This Go On?
U.S. government debts may set new records, but investors should focus more on borrowing costs and growth rates.
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White papersWhen will we learn our lesson on pandemics?
Part 1 of our series exploring the potential source of the next global crisis
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White papersEMD: Further Room to Run?
Emerging markets debt rallied strongly in the second quarter—and while risks remain ever-present, the asset class may benefit from continued monetary stimulus and the potential for a sharper economic bounce-back in the second half of the year.
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White papersCLOs: Looking Down the Road to Recovery
CLOs rallied in the second quarter as liquidity returned and supply/demand dynamics began to normalize. While opportunities have emerged—particularly in high-rated tranches and new issue BBs—active management is key.
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White papersQuick Thoughts: Wall Street and Main Street Disconnect
A look at how COVID-19 has accelerated economic changes and what may have caused the stock markets’ second-quarter ascent.
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Asset Manager NewsImplications of the global debt explosion
Global debt was at an unprecedented level before Covid-19. With the subsequent policy response injecting liquidity into most parts of the world economy, the debt predicament is set for a worse path. We explore the implications for sovereigns, financials and corporates, particularly from the perspective of credit investors.
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White papersWhy USD Fixed Income may look increasingly attractive to European investors
US fixed income can be a valuable source of diversification for European investors, but in the past the cost of hedging of the US Dollar exposure was high, neutralizing this benefit. The situation has changed, and the cost of hedging for Euro-based investors is much lower than in the recent past. Furthermore, we expect this cost will remain low.
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White papersQ&A: The Pandemic and Politics
Assessing the 2020 race in light of COVID-19, economic weakness and civil unrest.
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White papersThe “Pandemic Put” Can’t Last Forever
As the second half comes into focus, investors will have to contemplate a world in which the risks remain—and the backstops come with strings.
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White papersGiving credit to decarbonisation (part 2)
What actions are commercial real-estate owners, and their lenders, taking to reduce carbon emissions – and how can this impact the performance of their assets?
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White papersEmerging market debt: guiding beliefs for today’s market
With some countries lifting coronavirus lockdown periods, our emerging market debt team looks at the temporary factors affecting the asset class and reviews some key features investors should consider for the long-term. Bottom-up analysis, a benchmark agnostic approach and diversification might not sound like new ideas, but the current context underlines their importance even more.
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White papersFiorino: the purpose of pandemic banking
In the latest instalment of Fiorino, our blog focused on deciphering complexity in global financials, we assess the resilience of banks as they prepare to finance businesses during the disruption caused by the pandemic.
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White papersFixed Income: The Fed’s final frontier—negative rates or yield curve control?
What’s next for policymakers on supporting the economy? Dr. Sonal Desai offers her take.
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White papersConsumers Are Betting On Herd Immunity
There is much optimism in a rebound in PMIs, but the fear of a second wave is in the back of many minds. Trade deals continue to come about.
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White papersEmerging Market Debt Opportunities Monthly Review
Perspective from Franklin Emerging Market Debt Opportunities team.
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White papersResponsible Investing in a Traditional Asset Class: US Municipal Bonds
Potential benefits and risks of investing in green bonds in the municipal market.
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White papersHave traditional safe havens lost their edge?
COVID-19 has reminded investors of the importance of defensive positions within portfolios during times of stress. But are the ‘safe havens’ of the past still up to the task?
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White papersECB QE Monitor - May 2020
Central Banks: interest rates near zero The Fed kept its interest rates unchanged. The ECB kept its interest rates unchanged. No movement on BoJ interest rates since 2016.
