All Emerging Market articles – Page 43
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White papersEmergency Landing to the Zero Bound
Two weeks after reducing its policy rate by 50 bps to 1.25%, the Federal Reserve met Sunday in lieu of its scheduled meeting on March 18th and cut rates by a further 100 bps, effectively returning to the zero lower bound. The central bank also announced a host of other measures aimed at supporting the financial markets, and by extension, the real economy.
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White papersThe credit-market breakup: it’s not V, it’s U
What should fixed-income investors read into the recent moves in markets and how should they respond in the near, medium and longer term? In an atmosphere of uncertainty, we consider how a bias towards higher-quality credit and a flexible approach to protecting against the downside can help investors weather any further turbulence.
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White papersAsia ex-Japan Strategy Update March 2020
In this webinar Jonathan Pines, Lead Manager, gives an update on the Hermes Asia ex-Japan Strategy.
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White papersCOVID-19 contagion, the latest updates
The Coronavirus crisis continues to unravel, with investors worrying about the economic impact, on top of the human cost. In the week to 8 March the number of cases increased by 723 in China and more than 18,000 in the rest of the world (RoW). While still rising, the number of cases in China is flattening out.
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White papersPrepare for the Long Haul
Why the major uncertainties twisting markets out of shape today are likely to persist for months.
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White papersHow Will the Coronavirus Impact World Economies?
The coronavirus is dominating the news and sparking panic in markets. We believe the options for policymakers are clear—but will they implement them?
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White papersMarket Perspectives - Viral uncertainties March 2020
The Covid-19 virus is turning from a regional health crisis to a global issue; uncertainties about the global economic impact have been rising sharply. After weeks of resilience, equity markets have sold off in late February, catching up with the safe-haven rally in core bonds seen earlier.
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White papersUS Equity Valuations Rebooted by Coronavirus
After recent sharp declines, US stock valuations look more attractive, especially compared with bonds. While the current volatility is unsettling, heightened uncertainty over earnings because of the coronavirus crisis could create opportunities for long-term investors who distinguish between winners and losers from the shock.
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White papersFed May Cut Rates Further to Counter Coronavirus Headwinds
This week’s Fed rate cut helped steady financial markets reeling from the expected impact of the coronavirus on the US economy, and we think more cuts are coming—in March and beyond. The economy should rebound in the second half of the year, though at a lower full-year pace.
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White papersCoronavirus Emergency: Fed Cuts Rates, But Markets Expect More
In the first intra-meeting ease since the 2008 crisis, the Fed delivered a 50 basis-point rate cut. Market volatility and liquidity concerns have likely been the trigger for the emergency cut. The market reaction has been a sell-off in equities, while the 10-year Treasury yield touched new lows, as the Fed move is perceived as not being enough to offset recent deterioration in financial conditions due to the market reaction to the coronavirus outbreak. Markets still expect more.
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White papersGlobal Investment Views - March 2020
The spread of Covid-19 outside China has rattled risk assets in the recent trading sessions. Investors triggered some profit taking in markets, which reached historical highs and even broke psychological thresholds in previous weeks. The atmosphere of fear has remained consistently high only in the so-called safe assets — the USD, UST and gold — signaling that investors have been looking for effective hedging strategies.
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White papersSDG Engagement Equity: 2019 Annual Report
Launched in January 2018, the Hermes SDG Engagement Equity Fund has the dual purpose of delivering attractive returns and measurable real-world impact.
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White papersDigital Drivers of Real Estate Opportunity
Shifts in technology are contributing to a new landscape for growth in the listed real estate universe.
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White papersCoronavirus: Navigating the Volatility
Barings experts across fixed income, equities and real estate share their views on how the spreading coronavirus is impacting global capital markets.
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White papersPricing ESG risk in sovereign credit: an emerging divergence
In 2019, we partnered with research house Beyond Ratings to demonstrate a robust relationship between environmental, social and governance (ESG) scores and sovereign credit-default swap (CDS) spreads. In the second instalment of this two-part paper, we consider whether the results differ for developed and emerging markets.
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White papersCoronavirus: A Moving Target
If you haven’t reduced risk, it’s probably not too late to do so; if you are already conservatively positioned, it may be too early to buy the dips.
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White papersHarnessing the benefits of automated FX trade lifecycle operations
FX markets are unique not only in their scale but also in their complexity. There are multiple trading paradigms and venues where trades may be executed.
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White papersGrasping The Intangible - How Intangible Assets Reveal Latent Value
It has long been accepted practice to account for intangible assets (“intangibles”) when valuing companies. Over time, and given changes in the economy, this has increased in importance. But valuation methods vary and there are big differences in how investors approach the subject. There is also great debate on the adequacy of existing accounting methods for successfully valuing intangibles. Accounting standards developed during the industrial era were designed for companies primarily engaged in manufacturing.
