Latest Manager Research – Page 164
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White papersPrivate Markets Update
Private equity performance has thus far held up well in 2023 as the market landscape shifted and key trends emerged across the phases of the private equity cycle: fundraising, deal activity, debt financing and exit opportunities.
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White papersTreasury yields rise, anticipating a Fed pause
The U.S. Treasury yield curve steepened as the U.S. Federal Reserve indicates a pause at the November meeting. The market has essentially priced out any chance of a November hike and is pricing in only a 20% likelihood of a December rate increase.
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White papersNot all high yield is created equal
The high yield bond market has matured from its humble beginnings and is now a diverse $1.793bn marketplace for companies to achieve their capital financing needs. As it has matured, its credit quality has also increased. Today, nearly half of the high yield market is classified as BB – the highest quality credit rating. At the same time, the proportion of the weakest credits has also reduced.
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White papersAgainst the current: Seeking resilience in real estate equity
A broad-based recovery in UK and European real estate looks unlikely in 2023, but discerning investors can still find value, say Imogen Ebbs and George Fraser-Harding.
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White papersFixed Income Perspectives Q4 2023
Quarterly macro and market insights from Capital Group’s fixed income team.
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White papersThe tech underpinning ESG: estatements magazine 2, 2023
estatements is PATRIZIA’s thought leadership magazine, which is published twice a year. The theme of our latest edition is ‘the tech underpinning ESG’.
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White papersListed infrastructure: Electrification drives opportunities for listed infrastructure companies
Electrification is at the core of the global energy transition. Electricity is likely to see the fastest demand growth of any major energy source in the coming decades.
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White papersQuarterly fixed income perspectives 4Q 2023: Recession takeoff delayed but not canceled
While the timing of a recession remains uncertain, unique opportunities exist for fixed income investors as we head into the final quarter of 2023.
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White papersPrivate assets views Q4 2023: selectivity is key
The latest update from our private assets business highlights new investment opportunities arising from global themes of decarbonisation, increasing deglobalisation trends, evolving demographics, and the AI revolution.
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White papersHow ESG monitoring can enhance sovereign bond investing
Fundamental research has always been at the heart of our investment approach, The Capital SystemTM. We believe that analysing material environmental, social and governance (ESG) issues can help us better understand long-term risks and opportunities.
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White papersFuture green investments: Emerging energy transition infrastructure beyond renewables
Renewable energy has been one of the most popular target sectors for infrastructure investors in recent years. With the rising maturity of renewables, returns of traditional projects such as wind and solar have compressed significantly, typically offering single digit Internal Rate of Returns (IRR).
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White papersCentral banks’ endgame: a new policy paradigm
”Investors will need to adjust to a paradigm shift away from the accommodative policy stance that has supported financial asset prices, to an environment that should make bonds more attractive while increasing the risk-adjusted required returns for other major asset classes.”
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White papersUN PRI DEI action areas for investors: Reverse mentoring to shape an inclusive corporate culture
Each journey begins with a single step – a sentiment attributed to Chinese philosopher, Lao Tzu. Anyone tasked with executing change management at an organisation should regularly bear this in mind. Whilst benchmarking against your targets is essential, it’s important to recognise where you’ve come from and celebrate the small victories along the way.
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White papersPATRIZIA enters the ultrafast EV charging sector with over EUR 140 million transaction into German rollout programme
PATRIZIA has entered into a binding agreement for an EV charging rollout programme in Germany through its European Infrastructure Fund series
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White papersWill infrastructure deliver for investors?
From inflation hedging and yield to impact goals and climate risk mitigation, investors’ expectations for infrastructure are high.
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White papersThe workplace of the future: Next-level offices
Office markets continue to undergo a structural shift, shaped by new working dynamics and occupiers’ focus on high standard buildings, alongside increasing regulation around energy performance.
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White papersCase study: Pro-invest Group – NABERS for Hotels
With a portfolio-wide target of 5-star NABERS Energy and Water ratings, Pro-invest Group shows how sustainable hotels can deliver a host of rewards: lower costs, greater access to finance, higher guest satisfaction and futureproofed assets among them.
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White papersBiodiversity Equity, Annual report 2022-3
Our annual report looks at the battle against deforestation. Despite the scale of destruction to key global forestry regions, there is a developing consensus that collective action from multiple stakeholders can halt, or even reverse, the ecological damage.
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White papersTighten Your Seatbelts
Shifting supply-and-demand dynamics appear to be driving bond markets more than fundamentals, which makes for a bumpy ride.
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White papersFixed Income Investment Outlook 4Q 2023: Staying Airborne
Tight monetary policy is slowing growth, but we see room to avoid a hard landing in the U.S. while Europe and China remain key risks on a global basis. In a higher-for-longer rate environment, shorter maturities offer opportunity, with potential for modest duration extension in the two- to seven-year range. Within credit, we favor enhancing quality and are finding particular value in securitized markets.
