Latest White Papers – Page 62
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White papersShared BRICS money: basket currency or basket case?
There has been speculation that a desire to avoid using the US dollar might encourage the BRICS nations to adopt a gold-backed currency. But there are several questions to ask about such a proposal.
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White papersForming coalition will be easiest of next German Chancellor’s many challenges
The centre-right Christian Democratic Union (CDU) and its sister party, the Christian Socialist Union (CSU), won the German election with 28.6% of the popular vote. CDU leader Friedrich Merz is therefore set to be the next Chancellor and will lead coalition talks to form a government at a time when Europe’s biggest economy faces economic, trade and geopolitical challenges.
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White papersGlobal infrastructure: Listed securities offer opportunities
Our complex framework of roads, waterways, utilities and airports must be maintained and expanded to meet evolving global needs. In the past, government has been largely responsible for creating and maintaining infrastructure. However, private funding has become an increasingly important resource as governments find themselves unable to cope with the challenges of modern infrastructure. Thus infrastructure has transformed from something that consumes tax dollars to a potential investment opportunity.
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White papersEquity markets: Nearing a peak or more room to run?
While investors are increasingly concerned about whether markets have peaked, bull markets don’t just die of old age. History suggests that the Fed plays an outsized role in determining market returns based on its monetary policy stance. While today’s macro environment doesn’t resemble previous market peaks, and there remains a path for further market upside, policy uncertainty poses a significant challenge to sustaining bullish sentiment.
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White papersThe Return of Mercantilism? Shifting Goalposts on Trade
President Trump made several changes to trade policy in his first term, and U.S. firms have adjusted accordingly. Trade exposure has shifted away from China, and investment abroad has shifted toward Europe and the Western Hemisphere.
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White papersEmerging Markets: Low Corporate Defaults Spell Potential Opportunity
Investors appear to be underestimating credit prospects in a generally moderate economic climate.
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White papersA Growth Mindset
For more than two years, inflation news was the prime mover of market prices; we think last week confirmed that a new dynamic is in play.
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White papersChina market terminology explained
Chinese companies that are incorporated and listed in the People’s Republic of China (PRC) generally issue A-, Band H-share classes. Depending on where they are listed, these Renminbi (RMB)-denominated shares may trade in different currencies.
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White papersPrivate Credit – current dynamics shaping markets
Recent LP discussions reveal concerns about crowding and concentration in private credit, leading to a revaluation of exposure and portfolio metrics. In response, we aim to delve deeper into our diversification approach this quarter.
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White papersIs the U.S. equity market peaking?
Is the U.S. equity market peaking? Following double-digit returns for U.S. equities over the past two years, and with valuations now incredibly expensive, investors have become increasingly concerned about whether the equity market rally still has further to run or if markets have peaked.
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White papersBeneath the surface: market structure considerations for syndicated loans
Assumptions in syndicated loan indexes on reinvestment timing, liquidity, and cash drag can distort returns - key insights to navigate structural inefficiencies.
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White papersThe new world of private credit investing
The new European Long-Term Investment Funds Regulation (ELTIF 2.0) has created opportunities to invest in private assets through open-ended funds. Stephane Blanchoz discusses this innovative regulation and the additional investment opportunities it brings.
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White papersStructural Themes Shaping the Opportunity in ASEAN Equities
Favorable demographics, combined with a number of unique investment themes, are creating a positive backdrop for ASEAN’s equity markets. The Association of Southeast Asian Nations (ASEAN) is a unique investment region that primarily offers investors exposure to southeast Asian markets including Singapore, Indonesia, Malaysia, Thailand, Philippines and Vietnam. There are a number of constructive megatrends that are driving ASEAN’s longer-term growth, which we believe are critical to the future of global supply chains—and are shaping attractive growth opportunities.
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White papersCLOs: 4 Factors to Watch
CLOs look well-positioned in the current environment, particularly given their floating-rate nature, robust structural protections, and potential for incremental yield—but risks remain on the horizon.
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White papersOffshore ambitions: China’s outsized role in decarbonising the world
China’s burgeoning offshore wind energy sector could present a wealth of potential opportunities for investors as the country continues to transition to a low carbon economy. We explore how wind energy is pivotal in the quest for net zero, and how Zhongtian has emerged as a key player in the space.
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White papersEMEA Investment grade examined – H1 2025
As inflation cooled, central banks transitioned from rate rises to a rate cutting cycle, monetary policies loosened and growth gradually slowed. Where do we see things going from here?
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White papersUS inflation surprises on the upside
“With persistent inflation and a resilient economy in the US, the Federal Reserve is in no rush to cut rates.”
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White papersBackground screening: Unmasking a hidden threat
Background screening is a crucial tool to prevent IT experts from sanctioned countries from infiltrating global companies under fake identities and funding their regimes.
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White papersAsia credit market on the recovery path
Key factors driving the Asia credit market’s resurgence and our promising outlook for 2025
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White papersC-PACE outlook amid economic and political shifts
The current U.S. administration’s focus on energy independence, efficiency and pro-business policies are expected to provide favorable conditions for Commercial Property Assessed Clean Energy (C-PACE) to continue to scale.
