Latest Manager Research – Page 15
-
White papersThe investment landscape of data centers: opportunities and challenges
The digital age has ushered in a paradigm shift in how businesses operate and individuals engage with technology. Data centers play a central role in this transformation and have emerged as critical infrastructure for the modern economy. For investors, the story today revolves around a simple tension: accelerating demand versus constrained supply. Exploring the investment opportunities for data centers, the factors driving demand, the sector’s challenges, and the European market’s unique positioning reveals a complex yet promising landscape.
-
White papersBack on the block: Real estate debt returning to favour
The commercial real estate (CRE) landscape has profoundly transformed since mid-2022, creating compelling investment opportunities for institutional investors. Rising interest rates and macroeconomic uncertainty have driven capital values down by approximately 20-25% across Europe and other developed markets, according to the CBRE Prime Capital Value Index. The current environment presents factors that make real estate debt particularly compelling: attractive entry valuations, conservative lending structures and meaningful portfolio diversification benefits.
-
White papersU.S. power market in a period of unprecedented growth and transformation
Following nearly two decades of stagnation, power demand is now surging, with an average annual growth rate of over 1% between 2021 and 2024, and approximately 3% growth in 2024 alone. Current long-term growth expectations range from 2% to well above 3% per year; by some measures, the U.S. is expected to add the equivalent power demand of New York over the next five years.
-
White papersThe demographic supercycle: why U.S. seniors housing is poised to redefine real asset investing
The next great real estate cycle is already taking shape, and it’s being driven not by offices, logistics, or data centers, but any age. Over the coming decades, America’s 80+ population will swell at a pace unseen in modern history, colliding with a severe shortage of purpose-built senior housing and care.
-
White papersLifting the veil on headline CRE returns: A market ripe for alpha
It posits that headline CRE return metrics may mask underlying dispersion — creating opportunities for active investors to generate “alpha” by selectively targeting under-appreciated assets in a changing macro and financing environment.
-
White papersData, power, and the next investment frontier
Cloud computing and artificial intelligence are driving an unprecedented surge in hyperscaler investment and reshaping the geography of global digital infrastructure
-
White papersBuilding hospitality ecosystems for long-term value
Hospitality investment in southern Europe has evolved far beyond the traditional model of beds and beaches. Over the past five years, the market has matured, shaped by institutional capital flows, demographic shifts, and a reimagining of what leisure real estate can offer. At Arrow, we’ve built a substantial portfolio of hospitality businesses across the region. What we see is an increasingly sophisticated investment landscape, where scale, operational capability, and ecosystem control are the foundations of long-term value creation.
-
White papersPolitical and Policy Volatility on the Rise
Recent elections in the U.S. and dynamics in Europe highlight rising political volatility and the potential for divergent policy shifts. Investors should prepare for further turbulence ahead.
-
White papersCredit Markets Face the AI Wave
As tech giants tap credit markets to finance artificial intelligence, we consider the broader impacts of AI on fixed income.
-
White papersThe Rise of Experiential Yield
Why the most resilient investments are those people feel
-
White papersInfrastructure gains ground as investors seek steady private market returns
Rising tensions in globalisation and constraints to public and lending markets are enabling private capital to become a key driver of resilient, long-term infrastructure investment.
-
White papersPioneering European Alternatives
Global black swan events, generally considered to be once-in-an-economic-cycle occurrences, have been disrupting investment markets with alarming frequency. In the past few years, we have experienced Brexit, the COVID-19 pandemic and geopolitical conflicts. Europe’s surge in inflation was significantly fueled by the economic shockwaves from the Ukraine crisis. The crisis significantly affected global energy and agricultural supply chains, driving up the cost of fuel, gas and essential commodities, which quickly fed through into consumer prices across the continent. In response to this inflationary shock, European central banks implemented a series of aggressive interest rate hikes, shifting from historically low rates to multi-year highs.
-
White papersGlobal real estate perspectives: repricing and opportunity across cycles
In an era of repricing and tighter liquidity, BGO Co-Presidents, Amy Price and Toby Phelps, discuss how market dynamics across North America and Europe are shaping the next chapter of real estate investment.
-
White papersAhead of the Curve: Economic convergence and what it could mean for bond investors
This year has seen huge shifts in the macroeconomic and geopolitical landscape. Principles such as free trade, globalisation and central bank independence that have underpinned the global economy for decades are being challenged. Despite this, credit spreads are at all-time tight levels and equity markets at historic highs.
-
White papersUnlocking Europe’s Living Opportunity
With demand surging and institutional ownership lagging, Europe’s residential sector offers a rare opening for strategic, locally executed investments
-
White papersUS corporate earnings season nears close
For the quarter ended 30 September 2025, over 81% of companies beat earnings expectations led by the information technology, consumer staples, and financial sectors. This is well above the historical average and the second-best since the last quarter of 2021. Along with some other factors, these earnings boosted sentiment in the stocks markets which have continued their ascent this year.
-
White papersGlobal real estate reset: Why diversification beyond the US matters
2025 is proving to be a year of strategic reorientation. As investors navigate a landscape shaped by geopolitical tension, policy volatility and recalibrated capital flows, real estate is reasserting its role as a defensive allocation, while adapting to broader structural changes reshaping the global economy.
-
White papersMade in America is making a comeback
“Made in America” has been a government policy, a political slogan and a marketing strategy throughout US history. Going as far back as the Revolutionary War, the Homespun Movement encouraged colonists to make their own blankets and clothing in symbolic resistance to British economic control.
-
White papersPower in Transition: Charting a path to a sustainable energy future through private equity investments
Power demand is accelerating from data center growth, electrification and population increases, while supply becomes more volatile and unpredictable due to extreme weather and variable renewable generation. The widening gap between demand and supply is driving more frequent outages and higher power prices, pressuring household and business budgets while threatening essential services. Bridging this gap requires significant investment on both supply and demand sides, creating opportunities to build a more resilient, affordable and sustainable energy system.
-
White papersCore Capital Reawakens: Scale & Liquidity Drive Europe’s Real Estate Reset
Core capital is driving a reset in European real estate, as investors favour scale, stability, and liquidity amid a shifting market and growing trend towards consolidation. Core capital is the lifeblood of the real estate industry and makes up the bulk of client allocations. It also provides essential exit liquidity for value-add equity and debt strategies—without core buyers, asset sales stall, capital recycling slows and the system ends up in gridlock.
