All Global articles – Page 141
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White papersEmerging Markets Debt: Taking a Hard (Currency) Stance
EMD performance was muted in Q3, but valuations remain attractive and emerging economies are growing at a measured pace. We continue to favor hard currency assets, which are benefitting from lower rate expectations.
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White papersHigh Yield: Poised to Capture Relative Value
Despite mounting uncertainty in the broader markets, high yield delivered broadly positive returns in Q3. As we continue to move through the late stages of a prolonged cycle, credit selection will be critical.
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White papersInfrastructure Debt: Steady Activity, Lingering Macro Doubts
Despite the expected seasonal summer slowdown, infrastructure debt financing deals remained steady overall in the third quarter of 2019—with strong activity in the U.S. and Canada, and slightly slowing activity in Europe, with a cautious eye toward Brexit.
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White papersThe Power of Compounded Income
Over 10 years into an economic recovery, we’ve continued to see new highs in equity indexes. In this Q&A, Darryl Lucas explains how a focus on resiliently growing companies, coupled with the power of compounded dividend and profits growth, can lead to strong returns over time.
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White papersEM Debt: Navigating the Geopolitical Noise
From the Middle East to China to Argentina, investors face no shortage of geopolitical risks and negative headlines. But is there still value to be found across emerging markets? Dr. Ricardo Adrogué weighs in.
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White papersHigh Yield: A Time to be Nimble
This piece was adapted from an interview with Martin Horne.
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White papersLow Touch Compression
The continued pressure of leverage ratios, G-SIB rules and constrained operational resources have driven banks to look for increasingly sophisticated compression solutions.
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White papersRising Development Costs - A Silver Lining For Commercial Real Estate?
Nationwide, new commercial real estate (CRE) occupancies are near record highs across all sectors amidst a slower pace of new development. Rising construction costs have limited new supply of institutional-quality property and prolonged much-needed updates to functionally obsolete property. Overall, U.S. commercial building costs have risen 30% over the past decade.
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White papersPart II: Facing up to the challenge of fair pay
This is the second part of a four-part paper on SDG 8 – decent work and economic growth. In part one, we asserted that the challenges presented by increasingly tight labour markets provide opportunities to rethink hiring practices for mutual benefit. In this paper, we progress from our engagement on workforce diversity to the issue of fair pay.
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White papersRecession Angst vs. Recession Realities
Global growth has been at the centre of investor worries, but in some geographies, this is currently more a function of anticipation than hard data. Looking into the fourth quarter of 2019, we would break the world into two groups. Europe and some major emerging markets are seeing weak growth that feels like recession, while the U.S. and other major countries are more at risk of confidence shocks that could overwhelm reasonably strong fundamentals. With our continued overall expectation of a global soft landing, we provide details on our investment views below.
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White papersTotal Portfolio Impact
The investment management industry is experiencing a fundamental change as two long-running trends converge: first, a belief that material environmental, social and governance (ESG) characteristics can be a driver of better long-term investment performance, and second, a demand from clients to understand the social and environmental impact of their portfolio alongside investment performance.
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White papersBeneath the Surface
This quarter, Neuberger Berman’s Asset Allocation Committee Outlook focuses on how surfaces can hide complexity and opportunity. As the S&P 500 Index breaks new records even as U.S. Treasury yields fall in anticipation of rate cuts, we believe it is time to be more cautious in overall stock and bond allocations.
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White papersGlobal Emerging Markets: ESG Materiality, Q2 2019
Welcome to the inaugural edition of the Hermes Global Emerging Markets’ ESG Materiality commentary – a quarterly publication that will demonstrate our engagement activity with portfolio companies and showcase holdings that are creating positive impact aligned to the Sustainable Development Goals. In addition, we will explore an environmental, social and governance theme and its implications for the asset class.
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White papersThe Good (Consumer), The Bad (Global Outlook) & The Ugly (Trade)
The IMF downgrades its global growth outlook, the Fed’s Beige Book notes household spending remains positive and a Brexit deal is on the table.
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White papersHow The Dollar Explains the State of the World
The global economy may be changing more slowly than you might think. How the dollar continues to serve as the global currency standard and what it tells is about the economy and the world.
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White papersTrending: Slowbalization, Big Tech, Political Pendulums
Patrick Foulis, business affairs editor for The Economist, discusses the top global economic trends to watch and gives us a glimpse into the inner workings of the 176-year-old publication. See how the sausage gets made, including the importance of hiring intellectual rebels and writing good puns.
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Asset Manager NewsPATRIZIA strategically partners with WiredScore
PATRIZIA AG, the global partner for pan-European real estate investment, announces that it has made a strategic investment in WiredScore, the global rating scheme for digital connectivity across commercial and residential real estate.
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White papersComing of age: 15 years of stewardship services with Hermes EOS
In the 15 years since Hermes EOS was launched, stewardship has travelled from the fringes to the mainstream, with the benefits of engaging with companies on environmental, social and governance (ESG) risks and opportunities now more widely recognised by investors and regulators.
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White papersAI: brave new worlds
Artificial intelligence (AI) is transforming the way we live and work. But while AI has the potential to create efficiencies and boost economic output, it also poses ethical and legal challenges. If the sustainability issues surrounding AI are scrutinised and addressed, we think the technology has the potential to serve both business and humankind – and create investment opportunities along the way.
