Fixed Income – Page 42
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White papersCould Evergrande Become China’s Lehman Brothers? Probably Not.
Evergrande is the biggest property developer in the developing world. Its debt of RMB 570 billion (US$88 billion) makes it one of the most indebted companies globally.
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White papersEurope’s recovery is booming, but is inflation here to stay?
Mauro Valle, head of fixed income at Generali Investments Partners S.p.A. Società di gestione del risparmio and manager of the GIS Euro Bond fund range, discusses why he is cautious on inflation risk and why the outlook is positive for Italian government bonds.
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White papersEvergrande Heads for Default
We believe systematic risk beyond the Chinese property market remains limited.
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White papersCase study: Helping a bank publicly report on its sustainable hedging activities
Banks increasingly have a mandate set out by their leadership to prioritize “Sustainable Hedging;” that is, derivatives trading that supports the financing of sustainable business projects. Some even have specific lines of credit set aside for this type of trading activity.
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White papersEurope’s Most Endangered Species
As fiscal “hawks” fade from the scene, the continent’s economic policy is transforming in ways that will boost growth long after the pandemic ends.
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White papersCentral bank digital currency: clean atomic monetary energy or financial fallout risk?
In a search for the monetary theory of everything, Fiorino delves into the emerging field of central bank digital currencies…
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White papersQ&A With ARRC’s Tom Wipf: The Shift to Term SOFR
CME Group’s Secured Overnight Financing Rate (SOFR) Term Rates have seen extensive client interest since the Alternative Reference Rates Committee (ARRC) endorsed them on July 29, with the move marking the last step in the ARRC’s Paced Transition Plan from LIBOR.
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White papersA new perspective: Diversified private debt portfolios for insurers
Private debt offers a broad and diverse investment universe that is often well-suited to an insurer’s balance sheet. However, approaches that focus on certain sub-types of private debt could create barriers to effective investment over time and inadvertently narrow the opportunity set.
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White papersSustainability-linked bonds do not fit our impact framework
Our approach to impact investing, established in 2007, focuses on Use of Proceeds (UoP) and transparent, relevant impact measurement and reporting frameworks. We direct capital to social and environmental outcomes and continually engage with clients, industry working groups, issuers and underwriters on the merits of this approach.
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White papersHY default rates: recent and expected trends
Persistent supportive funding conditions and the improved macro picture are consistent with a current and expected benign picture for US and European default cycles, which are likely to remain on a downward trend in the coming months.
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White papersSpecial Europe: Investing in the recovery
As the European economy is recovering from the largest economic shock of modern history, we are revising our growth and inflation assumptions to the upside. Although the path to recovery is uneven among member states, we believe the EU will see two years of strong growth while inflation should revert below 2%.
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White papersECB Policy and Bunds Are Set to Move
Ahead of the key European Central Bank policy meeting on September 9, we offer our views on what will likely change, what may not, and what it could mean for the Bund yield.
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White papersCase study: Trade the When Issued (WI) security a month in advance using Micro Treasury Yield futures
Learn how investors can use smaller-sized, yield-based Treasury futures contracts to roll when-issue in advance, less expensively than previously possible.
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White papersOn Central Bank Tapering and European Fixed Income
As markets try to look past the COVID-19 pandemic, the question of when central bank support will be withdrawn is a critical one.
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White papersEuropean investors lead search for innovative investments amid changing market dynamics
Nuveen has seen significant growth from European clients over the past five years. As investors come to terms with the new normal amid the global pandemic, we are now seeing new opportunities to meet European clients’ changing investment needs.
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White papersAll for One, One for All
Available data suggests that a balanced risk allocation to real assets may be the most robust way to mitigate the impact of upticks in inflation.
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White papersEurope’s Openness Leans against its Productivity Headwinds
PGIM Fixed Income explain the benefits seen by the European Union as it continues to operate as the world’s most open economic region. Read how this competitive backdrop helps improve productivity and growth.
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White papersWhat to Expect When You’re Expecting a Taper
Many investors, perhaps scarred by 2013’s “taper tantrum,” are focused on the likelihood that the Federal Reserve will start reducing its bond purchases in the next few months. We don’t think the taper will be disruptive—the Fed has learned from the market’s adverse reaction to that surprise policy turn. But we do see a taper coming soon.
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White papersReconciling the Data and the Markets
Inflation is up, Treasury yields are down, and the recovery trade is on the ropes—we believe it’s all more evidence of a fiercely debating, two-way market.
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White papersDark matters in finance: why climate change is bending bank disclosure standards
Financial institutions have historically ignored unquantified risks hidden in plain sight in the real world. But as Fiorino reveals, climate change is pushing the boundaries of financial risk disclosure into unknown territory…
