Latest Manager Research – Page 197
-
White papersYear 3 and counting…
Even with challenges posed by new COVID-19 variants, the unpredictable nature of government policy reaction, along with supply-chain disruptions that have led to multi-decade highs in inflation, our Franklin Templeton Fixed Income team believes global economic recovery will remain robust.
-
White papersPensions Watch – Issue 16: What’s Been Happening And What’s On The Horizon In The World Of Pensions
In this edition of Pensions Watch, the first for 2022, we consider what’s on the horizon over the next 12 months for UK pension schemes, what these initiatives mean for schemes and why each is key to improving member outcomes.
-
White papersThe wheels of a Circular Economy go round and round - N°4 The Electronics and ICT sector: designing a new matrix
Since the 1980’s, the electronics industry has grown dramatically and has benefited substantially from the linear economy by regularly offering new and better products, pushing consumers to renew their computer equipment (computers, smartphones, tablets, etc.) at an ever-increasing frequency. The extraction of materials, especially rare earths, the programmed obsolescence and the low recycling rate have become the industry norm.
-
White papersNew Year, New Monetary Policy
As markets adjust for an environment of tighter monetary conditions, we preview the key themes of our forthcoming Fixed Income Investment Outlook.
-
White papersAsset allocation – A fat (real) tail in 2022
2021 was an awkward ’steady state’ year for financial markets: bonds delivered the worst returns in a quarter of a century except for one year (1999), while equities secured top-quartile (or better) returns over the same period.[1]
-
White papersWhy Bank Loans Look Attractive in Today’s Market
The technical and fundamental picture looks favorable for bank loans for a number of reasons.
-
White papersChinese equities: Conviction amid change
Franklin Templeton Emerging Market Equity’s Micheal Lai expects quality companies in China to deliver growth across market cycles.
-
White papersThe Long View: 2022 – The Year of Transition
ClearBridge Investments believe that inflationary pressure will begin to moderate in a few quarters and transition toward the Fed’s 2% target.
-
White papersU.S. Industrial Real Estate: Will the Outperformance Continue?
Clarion Partners is optimistic about the income growth potential for well-located, high-quality industrial investments.
-
White papersLibor Transition - Frequently Asked Questions
As LIBOR is being phased out and alternative reference rates are being adopted around the world, investors are coming to grips with the impact of such a change on many corners of finance, from interest rate derivatives and securitized products to adjustable-rate mortgages and floating rate notes.
-
White papersCentral banks: a successful hawkish turn
The three major central banks issued restrictive signals last week. The banks have succeeded in changing the course of their monetary policies without harming the markets.
-
White papersThat déjà vu feeling: The outlook for UK infrastructure
Rewind to the start of 2021; it promised to be a year we would slowly but surely move towards a post-COVID-19 world in our personal and working lives. One year on, there is an air of Groundhog Day as we remain under guidance to work from home with continued uncertainty as to when we will be firmly past the influence of COVID-19 on our lives.
-
White papersHedge Fund Strategy Outlook Q1 2022
As we commence 2022, the prospect of a reduction of global liquidity provided by major central banks has increased volatility in the traditional equity and fixed income markets.
-
White papersGreen Light Central Banks, Green Light Bonds
Global investors have their pick of reasons to avoid the bond market. Inflation is at levels not seen for decades, growth is soaring, and central banks are backing away from bond purchases while some are already raising rates. Hence, the consensus is forecasting higher rates ahead and crying “abandon bonds!”
-
White papersMarket Scenarios and Risks - January 2022
We are making no change to the narrative and the probabilities of the scenarios. The central scenario assumes that Covid will become endemic with multiple, albeit manageable waves, that fiscal levers will remain significant and tied to monetary policy, and that growth will come back to potential in 2023. We assume the Omicron variant will temporarily impact the recovery in Europe.
-
White papersLatAm’s political pendulum takes a hard swing to the left in 2021
2021 Covid surging in 1H and inflation swelling in 2H have contributed to the political pendulum swinging hard left in LatAm. More structurally, the commodity super cycle unwind mid last decade and the political discontent likely set the entire shift in motion. Against the general trend, some elections cycles moved in the other direction as well.
-
White papersYou asked, we answer - January 2022
A number of scheduled country-level elections will carry moderate uncertainty. However, while they could bring new faces, they are unlikely to result in abrupt changes from the current generally pro-European and market-friendly stance of large EU countries’ governments.
-
White papersChina’s growth cycle is turning
Senior market strategist APAC Chi Lo discusses how Beijing has shifted to a pro-growth policy and away from painful economic restructuring as growth momentum slows to levels below what is tolerable to Chinese policymakers.
-
White papersPortfolio Construction with Climate Risk Measures
Because of the 2015 Paris Agreement, the development of ESG investing and the emergence of net zero emission policies, climate risk is certainly the most important topic and challenge for asset owners and managers now and will remain so over the next five years.
-
White papersWill Rising Rates Sink Global Corporate Credit?
Brandywine Global: Certainly, spreads are tight. However, there are several factors that remain supportive of corporate credit going forward.
