All Fixed Income articles – Page 90
-
White papersBack to the future: The predicative power of science-based targets
Astute use of evidence from the past and present to make informed predictions about future performance has always been the key to investment success.
-
White papersShoppers Are Back—Spending is the New Saving
Europe remains on track for a delayed recovery as consumers weathered winter lockdowns fairly well. In the U.S., retail sales and inflation data popped up in March. Elsewhere, credit growth in China slowed as policymakers remain confident in the economic recovery.
-
White papersFrom Rising Rates to Rising Stars: What’s Ahead for IG Credit?
Rising rates can bring challenges to IG corporate credit, but opportunities are emerging as well—particularly given the supportive fundamental and technical backdrop.
-
White papersWhy Now May Be a Good Time to Consider CLOs
A wave of refinancings has tested the CLO market’s capacity, but it has also created relative value opportunities up and down the capital structure—particularly in seasoned, BB deals.
-
White papersThe Rising Tide of Equity Duration
With concerns of inflation pressures anticipated in the months ahead, investors may be looking to adjust their asset allocation approaches. Though many would associate the concept of duration with Fixed Income, we explore the aspects of Equity Duration.
-
White papersThe problem with credit indices
The UK institutional client base is reliant on fixed income securities to meet its long-term requirement for stable, long-term, income- generating assets.
-
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 papersInvesting 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 papersBehind China’s disinflation
Inflation in China has bumped along in a narrow range for the last decade. What has happened and what is the outlook?
-
White papersFrom 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 papersStrategies 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 papersWith 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 papersReal Yields, Inflation Breakevens and Risk Assets: The Changing Environment
The fixed income world is beginning to undergo a multiyear transition as aggressive monetary accommodation and government spending across key economies drive higher near-term economic growth rates.
-
White papersGlobal Macro Outlook - Second Quarter 2021
Vaccination progress and fiscal stimulus have advantaged the US economy, which we expect to grow about 6.5% in 2021. China, too, is rebounding, with output already topping pre-crisis levels. We’re still cautious, however, about Europe, where rising COVID-19 cases may further delay reopenings.
-
White papersInvestment Outlook: You asked, we answered
Our Global Views team attempts to answer some of the questions often asked by our clients.
-
White papersWhat 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 papersESG: 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 papersSpeculative grade default cycle: an earlier peak and an expected benign trend
Extraordinary policy intervention has made this HY default cycle unusually short-lived, helping to limit quite significantly the rise in defaults among mid- and high-rated speculative grade companies. A turn into a more benign falling trend over the next quarters looks likely, in light of improved macro perspectives, expected progress in vaccinations and encouraging signals from financial drivers.
-
White papersAmid a US economic boom, how high can rates go?
The possibility of an economic boom this year has stoked worries about higher inflation and prompted a sharp selloff in US Treasuries.
-
White papersWhy investors should look at Indian assets
India is the fifth-largest economy in the world, according to the World Bank, in terms of nominal 2019 GDP in dollars, and ranks second by population (1.38bn). Although it is one of the world’s fastest-growing economies, its GDP per capita is more than 29x and 4x lower than the USt or China, respectively (also according to the World Bank, nominal 2019 per-capita GDP in dollars). The potential for a catch-up in income over the next decades looks huge.
