All Global articles – Page 101
-
White papers
The day after #8 - Deglobalisation could improve diversification but also exacerbate financial contagion
In recent years world trade dynamics have definitely shown an accentuated inversion of the globalisation trend and its robust contribution to global economic performance. The Great Financial Crisis (GFC) marked a historic turning point in the degree of global economic integration. Since 2007/08 global trade has entered a period of increasingly protectionist policies (trade barriers, national subsidies, national champions), decelerating growth in trade-intensive sectors, rising policy uncertainty and more recently, trade tensions.
-
White papers
Biden’s election momentum and financial markets
Joe Biden has a historically large lead over President Donald Trump in the polls, including in the critical electoral college vote, but that could narrow closer to the election.The slide in Trump’s approval rating was most noticeable among senior citizens and he has not led in a single major poll so far this year, though it should be noted that polls have proved unreliable in the past few elections. To put Biden’s lead in perspective, no prior candidate or President has seen a lead this large at this point of the race. However, Trump still holds onto slightly favourable ratings on the economy. A game changer could be the Democratic party taking control of the Senate, which appared unlikely early this year.
-
White papers
Global Investment Views – July 2020
Covid-19 has triggered a sequence of economic and financial market narratives and is giving way to a new status quo characterised by extreme fiscal and monetary measures, to which markets have responded well, though some volatility has returned in the past few days. In effect, these policy measures are painting a new picture, that of a “day after” renaissance.
-
White papers
Defaults, disruption and development: Real assets adjust to the new normal
While lockdown measures gradually start to ease, it is still far from business as usual in the real assets sector. Mark Versey explains the impact for investors.
-
White papers
Market weekly – What to expect after the Great Pandemic of 2020 (podcast)
The unprecedented crisis caused by COVID-19 has left asset allocators disorientated. Uncertainty has deepened and the outlook is now for bond and equity returns to be lower for even longer, making the hunt for yield all the more acute for investors.
-
White papers
Asset allocation – Dealing with ‘lower for longer’
The unprecedented crisis caused by COVID-19 has left asset allocators disorientated. Uncertainty has deepened and the outlook now is for bond and equity returns to be lower for even longer, making the hunt for yield all the more acute for investors.
-
White papers
Emerging Markets Take Technology Leadership
In the final post of our three-part series, the Franklin Templeton Emerging Markets Equity Team explains how emerging market companies are innovating.
-
White papers
The sustainability of sustainability: green finance during the pandemic
Sustainable finance has been resilient amid the market shock, as a heightened awareness of environmental, social and governance (ESG) behaviours has coincided with a surge of regulatory changes and an uptick in green capital-market activities.
-
White papers
(Weekly Pandemic) Market Commentary – Mind the curve
The virus - galloping, but less deadly. Covid is spreading like never before, the stats say. 19 June saw 177k new Covid cases, the highest ever. The 5-day rolling average, currently at 143k, is 50k higher than in mid-May. Arguably, the numbers today are likely more truthful than in the past, because there is more testing. In a freshly released Focal Point “Covid-19: proprietary models set to monitor pandemic evolution” (online on 22 June), we advocate basing cases estimates on deaths – a measure less affected by testing issues.
-
White papers
The Growth of Private Equity Secondaries
The Global Financial Crisis provided opportunities and growth in the Secondaries market as a means to gain liquidity, but is that the same case today as a result of COVID-19? Or has the investment landscape changed? Guests Tristram Perkins and Benjamin Perl discuss what some of the key differences and similarities might be, along with how the Secondaries market has developed before the pandemic hit, as investors are adjusting to the “new normal” in today’s market.
-
Asset Manager News
Prosperity and preservation: the aim of active ownership
The exogeneous shock of the coronavirus pandemic has confirmed the importance of sustainability. We have absolute conviction that we must continue to act as owners of companies and help shape the narrative of the role of sustainability in a post-coronavirus world.
-
White papers
COVID-19 and data infrastructure: Will demand translate into profit?
During the initial outbreak of COVID-19, we published a report on the underlying long-term trends supporting data infrastructure. Since then, much about the world as we knew it has changed. Laurence Monnier assesses how many of the trends we identified remain intact and whether the surge in demand for data services and infrastructure will translate into investment opportunities.
-
White papers
2020 Global Strategy Perspective
As we start the third decade of the 21st century, it is an opportune time to take stock of real estate markets around the world. Despite the aftershocks of the global financial crisis, most investors have taken advantage of real estate opportunities outside their home markets. At AEW we have been working with international investors for nearly 40 years. In this report, we share our perspective on global investment markets, considering both global trends and occupier market trends.
-
White papers
What Happens After Listed Real Estate Falls?
It has been a month since the high watermark for listed real estate securities and other equities, and a week since the dam broke. Listed real estate has suffered even more than the broad market, especially in the past few days as public life began to shut down in the wake of the COVID-19 outbreak. Hotels are empty, many malls and restaurants are shuttered, and most of us are working out of our homes rather than at our offices. Even after the March 24 rally, both U.S. and global listed real estate markets are down roughly 40% from their February peaks.
-
White papers
Consumers Are Betting On Herd Immunity
There is much optimism in a rebound in PMIs, but the fear of a second wave is in the back of many minds. Trade deals continue to come about.
-
White papers
Weekly investment update – 17 June 2020
Emerging market hot spots struggle with virus / worrying trends in US / China fights an outbreak / Fed signals lower for longer despite economic uptick / markets adopt a brighter tone
-
White papers
Private debt can flourish in a crisis - because it can adapt
Private debt’s flexibility to adjust terms and inject capital where needed means it can work with borrowers to get through difficult times, while also securing better returns for investors.
-
White papers
COVID-19, comp and doing the right thing: Why corporate values have never been more critical
With annual general meetings now taking place virtually, shareholders, employees and suppliers have had to adjust to lockdowns. While some of the immediate impacts will be phased out with the opening of the economy, stewardship priorities and corporate values may change forever.
-
-
White papers
The New Emerging Market Landscape: The Single Commodity Focus has Shifted
As emerging markets cope with the COVID-19 epidemic, Franklin Templeton’s Emerging Markets Equity team considers three new realities they see in the emerging markets today.