Fixed Income – Page 19
-
White papersSustainability-linked fixed income – Beyond green bonds
Issuance of green bonds began more than 10 years ago in response to (institutional) investor concerns about climate change and its political and economic implications.[1] They have become a major pillar of an asset class of sustainability-linked fixed income securities that continues to grow.
-
White papers
Investing Around the Next Round of Russia Sanctions
Markets have learned to brace for each new set of measures, but now it’s more important to watch for any evolution in the bilateral relationship.
-
White papers
Blog: The Taming of China’s Tech Titans
China’s crackdown on several of its leading technology firms introduces a new set of variables for investors to consider, ranging from imposed capital requirements to forced asset divestitures.
-
White papers
From Diversification to ESG: The Evolving Opportunity in ABS
Asset-backed securities can offer a number of benefits as part of a broader fixed income mandate—particularly given the strong structural protections, diversification benefits and advancements in ESG.
-
White papers
Strategies for Navigating an Unrecognisable Bond Market
As the saying goes, there’s no rest for the weary, and many bond investors understand that feeling right now.
-
-
White papers
With So Much Liquidity, It’s Time to Double-Check the Plumbing
Inflation fears look exaggerated so far, but risks buried deep in balance sheets can never get too much attention.
-
White papers
Brazil And South Africa: Two Continental Giants With Feet Of Clay
Following heavy public spending during the pandemic, Brazil’s and South Africa’s government debt has surged over the past year, exacerbating the already sizable fiscal problems both countries were facing before the onset of COVID-19.
-
White papers
What Markets are Missing Beneath Brazil’s Messy Headlines
While a lot of things have gone wrong for Brazil, it is fair to say that the gap between market prices and economic fundamentals has gone too far.
-
White papers
ESG: Three Challenges High Yield Managers are Tackling Today
From influencing company behavior to seeking better data disclosure, high yield managers are pushing the envelope when it comes to ESG.
-
White papers
Emerging Markets Corporates - An Unturned Stone in the Search for Yield
The fixed income landscape has become more complex for insurers. Achieving the perennial goal of earning returns sufficient to meet their obligations without putting too much at risk is more difficult in a low-yield environment. Rather than moving down the quality spectrum or adding illiquid asset classes to make up yield, we advocate for an allocation to emerging markets corporate debt.
-
White papers
Three Strategies for Navigating Turbulent Bond Markets
Today’s market environment taps into bond investors’ primal fears. Extremely low yields make it tough to find sufficient income and potential return. Economic growth is rebounding from its 2020 collapse, but the world’s grip on recovery is uncertain.
-
White papers
Diversify your allocation to corporate bonds with multi-factor investing
Over the past decade, multi-factor investing in corporate bonds has seen significant development. Easier access to better datasets along with an extensive body of research has enabled managers to move the dial significantly.
-
White papers
Seeking Alpha in Emerging Markets Corporate Debt
Emerging markets corporate debt presents attractive alpha opportunities across cycles.
-
White papers
A U.S. Treasury Bear is Born
Bear markets typically begin cloaked in a spirit of denial. Confutation can be virtuous because decline owns up to problems and making a change to solve them is often too painful. It’s human nature to seek pleasure to avoid pain. So, folks resist and hang on to their dogmas unyielding beliefs like “inflation hasn’t happened and can’t happen because demographics and technology won’t allow it to happen just look at Europe and Japan.” Certainly, an entire generation has grown to acquaint a bond bear but just for a brief “hello” and a more celebrated long “good-bye”.
-
White papers
Dodging The Industry Potholes Across EM High Yield Corporates
The rally in risk markets emphasizes the importance of identifying relative-value opportunities across global asset classes. Emerging market high yield bonds may increasingly draw investors’ interest given a spread pickup relative to their U.S. and European counterparts.
-
White papers
Three Focal Points For The U.S.- China Relationship
The recent U.S.-China summit kicked off with U.S.-China relations at a low point. The ongoing shift in U.S. policy towards China—hastened under the Trump administration with the support of both political parties—was long in the making and effectively ended the U.S. doctrine of strategic engagement that facilitated China’s global rise during the preceding four decades.
-
White papers
How to Invest in the “Best of All Possible Worlds”
Markets should worry less about inflation and more about government investment that produces higher rates of sustainable growth.
-
White papers
Q2 2021 Investment View - Some like it hot
On the ground it does not feel like it just yet, as Europe battles with a third wave of infections, but markets are fast proceeding to the Covid crisis exit door. Too fast? We do not think so and see room for further rotation.
-
White papers
The post-COVID-19 world, with Capital Group’s Night Watch
Our Night Watch approach was built from lessons we learned in the 2008–09 Global Financial Crisis (GFC) as a way to engage in scenario planning around big systemic issues.
