All Multi-Asset articles
-
White papersMacro Views: The case for a broad and strong expansion remains
June capped off a remarkable first half of the year for financial markets as investors continued deploying capital following the post-coronavirus economic recovery.
-
White papers
Macro Views: Rationality in the current market exuberance
The first half of the year was characterised by record-breaking price action in many asset classes. Many stock indices reached new highs, credit spreads new lows, commodity prices posted their best returns in years and economic momentum gained tremendous traction.
-
White papers
MiViews Q3 2021 - Growth and Inflation: Have we hit the peak?
As we head into the second half of the year, we continue to hold views that differ from the consensus. From expectations for macroeconomic growth and inflation, through to the actions of central banks and the subsequent path for interest rates, we believe that investors could be in for a surprise or two.
-
White papers
How Far Are We in This Value Rotation?
Has the value rotation that began in September already run its course? We look at three quantitative reasons why it is unlikely to be over. We believe there are solid fundamental reasons to tactically overweight value versus growth.
-
White papers
Two-Way Markets Are Back
After nearly a year going up in a straight line, questions about inflation, the economic cycle and central bank messaging have brought more push and pull back into markets.
-
White papers
Macro Views: The Fed’s ‘Reflectivity Game’
Markets interpreted the latest FOMC meeting as hawkish because 1) the dots rose significantly, with 13 out of 18 board members expecting a hike by 2023 and seven participants now expecting a hike by the end of next year; 2) this significant upward shift in rate projections was accompanied by an upward shift in inflation projections for this year, and 3) the dot dispersion across members widened sharply for 2023.
-
White papers
Quick Thoughts: Sourcing Income In Bonds, Real Estate, And Multi-Asset Solutions
Our Chief Market Strategist, Stephen Dover brought together a panel to discuss and share perspectives on recovery, growth, and current opportunities for income.
-
White papers
PULSe Indicator: Stability on the Surface, Currents Underneath
The PULSe indicator is designed to monitor the state of global markets. We believe its four factors—Pandemic, Uncertainty, Liquidity, and Sentiment—encompass much of the current market’s dynamics.
-
White papers
Commodity Markets: The Stars Are Aligning
Commodity markets have been largely uneventful in recent years, with the Bloomberg Commodity index trading in a relatively narrow range since 2015.
-
White papers
5 Minutes for 3 Investment Horizons Part 3: The Longer Term
5 Minutes for 3 Investment Horizons: Florian Ielpo, Head of Macroeconomic Research in our Cross Asset Solutions team, and Kari Vatanen, Chief Investment Officer at Veritas Pension Insurance, discuss the longer-term implications on markets of higher growth, higher inflation and factor rotation.
-
White papers
5 Minutes For 3 Investment Horizons – Part 2: The Medium Term
5 Minutes for 3 Investment Horizons: Florian Ielpo, Head of Macroeconomic Research in our Cross Asset Solutions team, and Kari Vatanen, Chief Investment Officer at Veritas Pension Insurance, discuss the medium-term implications of factor rotation on investment markets.
-
White papers
Why US Investors Should Consider European Secondaries
In this Private Equity Q&A, Christian Böhler, Head of Secondaries, and Paul Newsome, Head of Investment Solutions, assess the case for European Secondaries
-
White papers
Pausing for Breath on ‘Peak Growth’
Rates of change in economic data may be hitting their peaks, but that need not preclude more long-term upside for risky assets.
-
White papers
5 Minutes for 3 Investment Horizons
Florian Ielpo, Head of Macroeconomic Research in our Cross Asset Solutions team, and Kari Vatanen, Chief Investment Officer at Veritas Pension Insurance, discuss the short-term implications of higher rates.
-
White papers
The multiple benefits of a multi-asset infrastructure approach?
The benefits of blending debt and equity to diversify a portfolio are well-known, and long ago gave rise to multi-asset investing.
-
White papers
MIviews Q2 2021: Inflation: Transient Or Durable?
If, like us, you are convinced that inflation is likely to overshoot expectations this year, then this quarter is going to be key.
-
White papers
Mi views Q2 2021: April 2021
We expect inflation to be more than just a short-term phenomenon. In this video, Florian Ielpo, Head of Macroeconomic Research, assesses the implications and outlines why alpha opportunities could make a comeback. -
White papers
Unigestion Global Macro: A Unified Approach For Systematic And Discretionary Macro Investing
All investors construct their portfolios to achieve the goals that matter most to them, while contending with their constraints.
-
White papers
Three Reasons Why Pent-Up Demand Is Not a Growth Panacea
Investors hoping that pent-up demand will fuel a sustained post-coronavirus economic recovery in Europe may end up disappointed.
-
White papers
5 minutes for 3 Investment Horizons: The Strategic Outlook
In a new series of videos, 5 Minutes for 3 Investment Horizons, Florian Ielpo, Head of Macroeconomic Research in our Cross Asset Solutions (CAS) team, and Marko Papic, Chief Strategist at Clocktower Group, discuss the investment outlook over three different time horizons.
