All Fixed Income articles – Page 113
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White papersThe Inflation Tide Is Ready to Turn
Inflation has been stubbornly low, leading many to question traditional gauges like the Phillips Curve.
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White papersEmerging-Market Debt: Our Outlook for 2018—and Beyond
Emerging-market debt has the potential to boost income and returns in 2018.
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White papersWhat the recent market move means for European credit
Not a cycle reversal. We qualify the recent price actions as corrections, not as a cycle reversal. This position is mainly supported by past performance: profit taking is appealing when volatility increases.
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White papersThe improvement of peripheral bonds’ fundamentals has accelerated
Two events pushed down Eurozone sovereign spreads in 2017: the French presidential election in April & May, which dissipated investors’ fears about Eurosceptic movements, and the announcement on 26 October of a smaller-than-expected reduction in ECB’s QE for 2018 (monthly purchases lowered from € 60 bn to €30bn).
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White papersUS credit: don’t worry about the macro, focus on technicals
What should we expect for US credit in 2018, in a context where spreads and volatility are closing in on cycle lows?
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White papersFixed income playbook 2018: less risk, more diversification
On the heels of two good years in the bond market, the best days for fixed income are likely behind us. 2016 produced strong returns in most sectors, especially high yield corporate bonds, which generated double digit gains.
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White papersCommodities hitch a ride on global growth
Highly favourable tailwinds give us confidence that commodity prices will push significantly higher in 2018.
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White papersThis Month's topic: CSPP leading the late phase of ECB QE
The ECB has already started “tapering” less corporate purchases than other programmes since April 2017, the month which saw the reduction from €80bn to €60bn of monthly purchases.
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White papersThe FED and tax reform: what's next for fixed income investors?
Fed: The FOMC decided to raise the fed funds target range for the third time this year to 1.25-1.50%.
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White papersInvestment takeaways from ECB year-end meeting
ECB growth expectations: The Eurozone is ending 2017 on surprisingly strong footing, resulting in a significant upward revision for GDP growth in 2018 (from 1.8 to 2.3%).
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White papersCredit Continuum: How to make it happen
The Credit Continuum solution, while being a Buy & Watch solution, offers a high flexibility in terms of calibration of the key investment parameters and set of market segments.
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White papersCross Asset Investment Strategy: December 2017
We believe 2018 will mark the transition from a full-speed reflationary phase, directional and bullish for risk assets (both credit and equities), towards a late phase of the financial market cycle. This could have far-reaching consequences for investors.
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White papersThe "new normal" turned into the old normal: Our economic outlook for 2018
In this year’s global economic outlook we examine the outlook for the United States and the rest of the world, ask if the coming fiscal stimulus in developed countries could boost this expansion even further, try to shed some light on how central bank attempts to normalize monetary policy might impact the stock market, and investigate the asset class implications of this cyclical upturn and of less-accommodative monetary policy.
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White papersBond Market Prepares for QE in Reverse
After a relatively quiet third quarter, bond markets are ripe for some volatility and bigger waves as major central banks begin to unwind quantitative easing. For global bond investors, that could lead to new opportunities. But for now, with valuations in many sectors stretched, it pays to be selective.
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White papersEuropean social bond strategy
A European credit strategy with an innovative social focus that unlocks the full potential of corporate bonds to deliver both financial and social returns.
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White papersStrategic Relative Value: Q4 2017
A quarterly look at how macro events are driving relative value around the globe.
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White papersA case for unconstrained emerging market debt
Emerging market debt represents a key source of income and risk diversification in a low-yield environment. Investment managers with the ability and expertise to navigate the diverse universe of EMD assets can offer their clients opportunities for attractive growth and capital gains.
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White papersSeeking sustainable income in a low rate environment
“Today income investors should explore opportunities across a broader range of asset classes in an effort to avoid the low yield trap”
