Latest White Papers – Page 60
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White papersLDI differentiator: the holding of third-party funds
Over the coming months we will publish a mini-series of short articles that will shed light on overlooked but important factors to think about when structuring your LDI portfolio framework. First up is the integration of third-party funds.
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White papersThe strategic and tactical case for loans
Floating-rate loans can offer attractive yields, low duration risk, and diversification benefits, making them a compelling option in today’s market
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White papersCredit markets remain appealing for income-seeking investors
2024 was the second consecutive very good year for global developed credit markets. Full-year 2024 excess returns show the outperformance of high-beta segments (riskier market segments which provide higher return potential) and EUR markets.
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White papersWhy global fixed income strategies are important in today’s market environment
With the macroeconomic environment becoming more uncertain, investors should be prepared for, and be able to adapt to, several potential outcomes in 2025.
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White papersDoes Tax Deductibility Increase Retirement Saving? Lessons from a French Natural Experiment
This paper presents new evidence on how employees respond to tax incentives for retirement saving. Using administrative data from a large retirement plan administrator in France, we examine the voluntary saving choices of approximately 1.4 million workers before and after the implementation of the 2019 Loi Pacte, a reform that introduced tax-deductible voluntary contributions into employer-sponsored retirement plans.
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White papersWatch the US dollar and Treasury yields to understand the potential effects of tariffs
Move beyond the headline noise to assess the investment implications
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White papersCommodities Spotlight
From Pandemic Bottlenecks to Tariff Turbulence: Unraveling the Elevated (EFP) Premium in Precious Metals
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White papersGlobal Investment Views - March 2025
In February, the markets have shown that love is in the air: despite new tariff announcements, inflation risks, and the DeepSeek shakeup, positive market sentiment continues to prevail.
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White papersOvercoming barriers to retirement savings: behavioural factors and existing schemes
Under-saving for retirement is a major issue for many economies. Benartzi and Thaler (2013) have long diagnosed a ‘retirement savings crisis’. In the US, according to the National Retirement Risk Index, 39% of working-age households will not be able to maintain their standard of living in retirement.
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White papers2025 Outlook for Latin America: subdued growth expected but several positives remain
Overall growth in Latin America (LatAm) is expected to be relatively sluggish in 2025, with headwinds for the region including a fiscal drag and potential disruptions to global trade under Trump 2.0. While Mexico and Brazil are facing a tougher year, Argentina is a positive outlier, with strong growth expected after two years of contraction, based on regulatory reforms and fiscal consolidation.
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White papersWhy Bother with Defensive Equities During the New Trump Era?
Following a defensive equity playbook can help investors prepare for market volatility in a year of heightened uncertainty.
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White papersNon-investment grade infra credit can capitalise on mega-trends
Private infrastructure debt fundraising has historically been dwarfed by private infrastructure equity fundraising despite infrastructure projects being 60-80% debt financed. Nuveen’s Don Dimitrievich discusses why he expects that to change in Private Debt Investor’s 2024 Annual Review.
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White papersDeepSeek: evolution, not revolution, in artificial intelligence
What is DeepSeek’s real impact on AI, and what does it mean for investors?
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White papersBond markets in focus amid growth concerns
“With tariff uncertainty affecting market expectations and consumer confidence, bonds are back as a key diversification* engine for global investors.”
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White papersCan US high yield offer respite from the uncertainty?
After posting 8.2% return in 2024, the US High Yield market has proven to be very stable so far in 2025, despite various headlines with the potential to move markets on both the macro and geopolitical front.
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White papersAntitrust Angst
Does the retention of the Biden-era M&A guidelines raise more doubts about the new U.S. administration’s pro-business agenda?
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White papers2024 Proxy Season in Review
For the fifth consecutive year, Neuberger Berman continued our tradition of active engagement in an effort to enhance shareholder value and manage risk for our clients.
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White papersRatings Renaissance in Emerging Market Corporates
In a dynamic environment, we believe emerging market corporate credit ratings should show continued improvement.
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White papersHidden Value: Tax-Loss Harvesting in Up Markets
Selling for tax purposes is not just viable during periods of market weakness.
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White papersEmerging Markets Debt Restructurings: A Year of Resilience and Innovation
Between 2017 and 2022, 11 Emerging Markets (EM) sovereigns defaulted, representing approximately 15% of the Emerging Markets Bond Index (EMBI) weight taken 12 months prior to default.These defaults can be categorized into three distinct groups based on the catalysts that drove each country into default: pre-COVID self-induced, COVID-induced, and war-induced.
