All Global articles – Page 129
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White papersRetail disrupted – taking stock of the retail sector
Retail real estate is undergoing a transformation led by the rise of e-commerce. Store closures and bankruptcies are commonplace.
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White papersConsiderations for investing in global real estate
Many investors are familiar with the appeal of holding real estate. With a generally low correlation to other asset classes, it can serve as an instant diversifier in a mixed-asset portfolio. Historically, real estate has delivered strong relative performance across multiple cycles compared to other asset classes, and its characteristic stable income, underpinned by long-term leases, makes it a compelling alternative to traditional fixed-income instruments. Participation in real estate from the investor community is one of the highest among the various alternatives asset classes, and is expected to grow in importance in portfolio allocations moving forward.
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White papersA case for co-living
Seemingly no real estate sector is immune to the influences of the Millennial and Generation Z cohorts. Retail has been upended by the disruption caused by e-commerce, driven by these generations’ aptitude and proclivity towards technology. Logistics networks have moved closer to them, making delivery faster. Traditional office demand has been disrupted by the acceleration of co-working, as more companies embrace greater locational flexibility to appeal to younger workers.
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White papersDistressed Debt: Seeking Opportunity in Choppy Waters
Investors are increasingly looking to distressed debt as the credit cycle matures. But with a competitive landscape and significant growth in private credit and European high yield, this cycle could look different than those of the past. Stuart Mathieson, Head of Barings’ Global Special Situations group, and Bryan High, Co-Portfolio Manager of the strategy, discuss how the macro environment is impacting their outlook, and where they’re seeing opportunities today.
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White papersDo Universal Owners Vote To Curb Negative Corporate Externalities? An Empirical Analysis Of Shareholder Meetings
This paper tests whether very diversified and patient investors, also known as universal owners, tend to vote in favor of shareholder resolutions instructing corporations to reduce or communicate on the negative externalities they produce.
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Asset Manager NewsPATRIZIA invests in booming care home sector amid aging population
The world’s population is growing older, which is creating long-term investment opportunities in care homes. PATRIZIA AG has added a third healthcare fund to its portfolio as it builds up expertise in the sector.
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White papersThree Ways to Manage Liquidity Risk in Bond Markets
Liquidity risk has grabbed headlines recently after several high-profile funds imploded. The hunt is on to find ways to manage liquidity risk and protect portfolios against further setbacks—but not all investors will be up to the task.
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White papersMarket Risk Insights: objective danger in the investment environment
Markets may have reached record peaks earlier this year, but the geopolitical environment is fraught and central-bank oxygen may not prop up asset prices for much longer. We expect more outbursts of pent-up volatility going forward as investors face up to the growing risks in this high-altitude market.
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White papersSalesforce: investing in a low-carbon future
Salesforce has cut its net greenhouse gas emissions to zero and delivered a carbon-neutral cloud. The company has attractive fundamentals and looks well placed to retain its position as one of the leading cloud-computing platforms.
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White papers360° – Fixed Income report, Q3 2019
The protracted injection of liquidity into the fixed-income space over the past decade has resulted in more than $14tn-worth of negative-yielding debt. In today’s upside-down world, a flexible approach will help credit investors keep an active watch and avoid potential pitfalls.
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White papersDon't Panic - Just Yet - How to navigate the buoys and the rocks of today’s markets.
There’s a moment that sends a chill down the spine of any sailor when a rock suddenly appears, off wrong side of the bow. It doesn’t really matter whether the chart was wrong or the skipper missed a buoy—it’s undeniably a sign of trouble.
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White papers2019 midyear outlook - Expect a tougher climb
Trade and other geopolitical issues are heating up. Economic growth is looking more uncertain and market volatility rising. Expect a tougher climb in 2019.
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White papersNuveen knows: alternatives
Beyond diversification: a geographical focus on farmland and real estate
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White papersSix reasons global cities could save the world
Far from being a contributor to climate change, cities may actually provide the solution to tackling the world’s most pressing issue.
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White papersWhat do negative interest rates mean for investors?
With interest rates falling sharply, even more sectors of the global bond market are trading in negative territory. We explain what this means for investors, offer perspective on where markets may be headed and suggest strategies to position portfolios to preserve income and protect against losses.
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White papersDoes Sustainable Investing Constrain a Portfolio?
Sustainable investing is often misunderstood. Many investors think a sustainable agenda limits a portfolio to a narrow piece of the market. In fact, plenty of stocks can help investors create social benefits while generating strong returns—if you know how to find them.
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White papersU.S. Loans: Challenged Market or Veiled Opportunity?
With loan and bond yields currently comparable, we believe—in a somewhat contrarian view to the market—there is a good argument for investing in loans, particularly in the U.S., where the economy appears to be marginally stronger than in Europe.
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White papersWill trade tensions reshape the world order?
The protectionist wave will almost certainly have a chilling effect on the global economy. But trade growth was slowing well before the US-China spat. In the latest Ahead of the Curve, we assess whether the tariff war is disruptive or merely accelerating trends already underway. And will we find opportunities in this fragmented global system, or only challenges?
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White papersTime is running out to solve China’s debt bubble
Many investors are focused on the outlook for trade talks with the US, fearing an all-out trade war which would negatively impact global, and especially Chinese, equity markets. But investors underestimate the mounting problems caused by the recent rapid expansion of credit in China. Only radical solutions now remain to resolve the country’s growing credit bubble, says Paul Smillie.
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White papersHow Global Investment Grade Can Help Pension Schemes Deliver Their Promises
With many defined pension schemes in negative cashflow, interest in cashflow-driven investing (CDI) is increasing. We believe the $11.3 trillion global investment grade credit universe offers the best means of maximising potential returns from a core CDI strategy. Moreover, advances in technology allow us to build portfolios more quickly, optimising returns and limiting risk.
