All Global articles – Page 60
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White papersMarket Scenarios and Risks - October 2022
We maintain the content and probabilities of our scenarios. Note that some of the risk factors we identify may occur in our central scenario, which is probably not yet fully priced-in by markets. It would take a combination of risk factors for the downside scenario to materialise. The downside is counterbalanced by an upside scenario, that of a rapid decline in inflation due to an easing of gas prices and/or to the combined tightening of global monetary policies, the impact of which can be underestimated.
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White papersCross Asset Investment Strategy - October 2022
Geopolitical risks, inflation and hawkish central banks translate into a cautious stance on risk assets such as credit, in which, a deceleration in growth (and its impact on earnings) could create concerns over cash flows and liquidity, especially for the lower rated companies. Hence, we prefer US IG and are defensive on HY.
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White papersGlobal Investment Views - October 2022
Geopolitical risks have returned to investors’ radar screens with President Putin’s escalation of the war in Ukraine. At the same time, inflation remains in the spotlight: the latest US reading was concerning, causing yields to rise while equity markets tumbled.
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White papersClimate risks: too big to ignore
The last day of summer in the Northern Hemisphere was September 22nd, and cooler temperatures will surely be welcomed by many
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White papersBraving bear markets: 5 lessons from seasoned investors
This article was originally published July 15, 2022, and has been updated to reflect market conditions.
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White papersUpheaval in the global FX regime
The global FX regime of the last 20 years has been characterised by a distinct pattern of capital flows. At its core, Asian countries (mostly China) recycled their current account surpluses into USD-denominated FX reserves, in order to weaken their domestic currencies and preserve export-led economic models.
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White papersGlobal foreign exchange regime faces winds of change
Dollar strength is causing strains, even in developed economies like Japan and Britain. A short-term fix could be a Plaza-style accord to weaken the dollar. Reverse FX wars, with a race to strengthen currencies, are another possibility. Longer-term, momentum may grow for a multi-polar currency regime that pits China ...
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White papersNavigating the Emerging Markets Default Wave
Despite record defaults, stresses remain relatively low for the asset class overall.
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White papersInvesting at a Crossroads: Three Themes for Today’s New Challenges
As 40-year tailwinds turn to headwinds, we distill an era of sometimes bewildering change into three themes and a new investment playbook.
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PodcastDisruptive Forces in Investing Podcast: Investing at a Crossroads
As many of the tailwinds of the past 40 years turn to headwinds, what could be the new long-term investment playbook?
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White papersPortfolio construction themes in these times of inflation
Investors seeking to put this bear market behind them aren’t out of the woods yet. Hopes that inflation might peak quickly, that the U.S. Federal Reserve would pivot, and that the global economy could emerge unscathed — all have diminished.
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White papersTime to refocus on bonds - Rethinking portfolios after the great repricing
Inflation has risen to levels not seen in 40 years, leading to a repricing of financial markets this year, which has been particularly severe in the fixed income space. Central Banks have already started to hike rates and turn to the hawkish side to avoid de-anchoring inflation expectations. The era of low or even negative interest rates is over.
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White papersLooking to the Investment Horizons for tomorrow’s liveable cities
By 2050, around two-thirds of the world’s population will live in cities. That’s why real estate leaders must determine how future cities can best deal with growing challenges, such as climate change, while unlocking the potential presented by emerging technologies yet placing people at the heart of any solution.
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White papersFrontloading
The global economy remained largely resilient in the first half of 2022, despite war in Eastern Europe, commodity shortages, and inflation. However, this is leading most major central banks to turn increasingly hawkish and frontload rate hikes which should weigh on growth.
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White papersBridging the infrastructure investment gap
The world has a tremendous need for infrastructure, a hunger that governments alone cannot meet. Private investment will be essential for communities to ensure they can meet the challenges of this century, explains Wolfgang Egger, CEO and Founder of PATRIZIA.
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White papersReal estate impact offers real change in Europe and beyond
Growing inequality and environmental issues across global cities underline the need for radical change. In such a climate, real estate impact strategies offer long-term value while tackling critical global issues that address the needs of local communities.
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White papersInnovation in ESG municipal bond investing
Nuveen developed an proprietary leading ESG scoring methodology that identifies municipal issuers that are ESG leaders relative to their peers. Using a comprehensive approach, Nuveen seeks to helps clients achieve the investment benefits of municipal fixed income while aligning with their values and helping to provide positive outcomes for our communities.
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White papersCapital with purpose – impact investing in listed equities
Faced with complex global issues like climate change the definition of impact investing needs to expand. Our Global ESG Equities Team argue the case for making a positive difference through investment in public equities.
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White papersThe Bull Case for Next Year: It Won’t be Worse Than This Year
It’s not a pretty outlook, but it’s important to keep thinking at least one or two moves ahead.
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White papersInsights into private markets (IPM)
Insights into Private Markets (IPM) is our next generation Real Estate Outlook (REO). IPM uncovers key insights across real estate, infrastructure, food & agriculture, private equity and private credit.
