Latest Manager Research – Page 60
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White papersSustainable bonds hit $1tn in 2024; 2025 repeat seen
A total of $1 trillion worth of sustainable bonds was issued in 2024 with the bulk going to green bonds. While the world’s needs for sustainable finance remain high, 2025 will likely see headwinds and tailwinds that could keep this year’s issuance total at the 2024 level, write Malika Takhtayeva and Xuan Sheng Ou Yong.
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White papersDiversification in times of uncertain markets
Over the past week, markets have experienced extreme uncertainty caused by US policy gyrations on tariffs. This uncertainty has started to weigh on US assets, including the dollar and US Treasuries. Despite the 90-day pause announced on 9 April, the US average tariff rate remains at a 100-year high, with rising US tariffs on China triggering retaliation from the latter.
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White papersCross Asset Investment Strategy - April 2025
Topic of the month: Navigating trade war turbulence
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White papersThe uncertain reality of tariffs and the future of gold
“The trade war is triggering a shift that could alter the current international framework and call into question the US dollar and US Treasury’s safe-haven status.”
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White papersEmerging Markets beyond the 90-day tariff pause
President Trump has announced a 90-day pause on tariffs higher than 10%. However, in the meantime, he has further increased tariffs on China to 125%. In retaliation, China announced an 84% tariff on all US imports starting from April 10th. While the situation remains quite fluid, we will address some concerns from an economic standpoint regarding growth and inflation.
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White papersFirst Principles in the Face of Uncertainty
The current situation is unusually difficult to model, and that reinforces the first principles of investment: know your objectives, diversify and rebalance.
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White papersResilience and risk: Navigating CRE valuations in an unprecedented tariff-laden environment
The U.S. commercial real estate market faces new uncertainties amid rising tariffs, but strong fundamentals—such as limited new supply, resilient income streams, and healthy balance sheets—suggest a capacity to weather the storm.
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White papersAny port in a storm: China’s maritime dominance and section 301
Followers of financial markets over the past decade will undoubtedly have heard of Section 232, the subsection of the Trade Expansion Act of 1962 that has been used as the legal justification for the implementation of tariffs on goods such as steel and aluminum.
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White papersTaking stock amid tariffs
Liberation Day in the U.S. dished a hefty dose of tariff shock and awe, sending financial markets into a frenzy. President Trump announced a mix of broad and reciprocal tariffs far exceeding market expectations, prompting a rethink of the global economic outlook. Ongoing uncertainty on retaliatory and negotiating measures from the U.S.’s top trading partners creates a challenging backdrop. We take stock of the global outlook and how central banks could respond.
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White papersThe world turned upside down - Global Market Perspectives, 2Q 2025
Our quarterly investment outlook highlights the themes and investment implications for the period ahead.
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White papersFixed on Bonds: What do tariffs mean for the automotives industry?
Threats of tariffs have been hitting the sector from multiple angles. It is hard to keep up, but this is what we know so far.
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White papersNavigating trade war turbulence
We believe the severe disruption of the free trade model will have immediate and profound consequences, affecting all economies involved. The extent of this ‘detoxing medicine’ and the resulting retaliation will impact economic growth and hurt corporate profits.
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White papersEuropean Hotel Sector: Choosing the optimal operating structure and partner
Choosing the right operating structure and partner is crucial for managing risk and maximizing returns in European hotel investments. This article explores key considerations to optimize value-added opportunities in the hospitality sector.
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White papersQuick take on Trump’s tariff pause
President Trump has announced a 90-day truce with most of the international community, reducing tariffs to the baseline rate of 10% for the European Union (EU), Asia (excluding China) and South Africa, among other countries. This is a positive development. Most other major economies, including Latin America, Canada, the UK, and Australia, were already subject to baseline rate tariffs or lower.
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White papersRationalized
Trevor Slaven and Ben Gillingham of Barings’ Multi-Asset Strategy & Allocation team explore how investors can manage risk and capitalize on opportunities in this analysis of the Trump administration’s announced tariffs and their resulting impact on global economies and markets.
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White papersDriving Opportunities Through Bespoke Capital Solutions
In this Q&A, Michael Searles explains why capital solutions strategies continue to gain attention despite the current uncertain backdrop and looming maturity wall.
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White papersInfrastructure Debt: The Long Game
Helping insurers deliver value to policyholders, shareholders and the world we live in through infrastructure debt.
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White papersHow a core-plus strategy may enhance your portfolio
Principal Real Estate has been investing in commercial real estate (CRE) for more than 60 years and in core-plus real estate for over 20 years. Having experienced numerous market cycles in that time, we believe CRE values have largely adjusted for the current cycle, setting the stage for an attractive entry point for private equity investors.
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White papersThe Still-Compelling Opportunity in U.S./Mexico Border Industrial Markets
Despite the looming headwinds that could impact global trade, there are still reasons for optimism on the outlook for U.S./Mexico trade—which suggests the opportunity in border port industrial markets remains attractive.
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White papersPrivate Credit 2.0 Is Here
David Mihalick, Co-Head of Global Investments, contributed to Pensions & Investments’ report on the evolving private credit landscape and the benefits drawing investors to the new era of the asset class.
