All Multi-Asset articles – Page 15
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White papersClearing the Hurdles
On a 12-month horizon, this looks to us like an attractive environment for risky assets, but the inflexion point in the current cycle is proving particularly volatile: adopting a more defensive view in the short term may help investors clear the immediate hurdles.
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White papersShould Today’s “Buy the Dip” Equity Trend Guide a Multi-Asset Strategy?
Under normal circumstances, most investors are momentum chasers and liquidity takers. They buy when markets do well and sell on the way down. But the last 18 months have been far from normal for just about everything, especially investors’ equity buying and selling habits. The buy-low/sell-high paradigm has been uniquely tested in 2021, and investors are jumping in during selloffs almost as enthusiastically as during rebounds.
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White papersRubles, Reals, and Institutional Quality
We believe an increased long exposure to the Brazilian real and Russian ruble is justified by the “where” and “why” stages of our investment process, specifically relating to ESG influences (in this case, primarily social and governance factors).
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White papersTwo-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.
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White papersPausing 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.
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White papersRedesigning tactical asset allocation
Multi-asset teams in the asset management industry already have to contend with implementing investment strategy across numerous portfolios whose opportunity sets may vary considerably.
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White papersThe Four U.S. Election Scenarios with Erik Knutzen
As we approach the 2020 U.S. election and its upcoming result, Erik Knutzen, CIO—Multi-Asset Class, dives into the possible scenarios and discusses the economic implications of what could happen with each hypothetical outcome.
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White papersBracing for Winter, Looking Forward to Spring
“Anticipation of much lower levels of uncertainty in 12 months’ time—paired with the after-effects of unprecedented fiscal and monetary stimulus, the potential for another fiscal boost to come, and the Federal Reserve’s new, more dovish policy framework—feed into this quarter’s changes to our asset class views.”
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White papersWhere to next? - Embracing global real estate in the era of COVID-19
Real estate is an important part of any multi-asset portfolio. Going global rather than sticking to the domestic market can be highly beneficial for investors, though they must consider strategy carefully and actively manage risk.
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White papersRisk budgeting and trade sizing: why they matter to multi-asset portfolio construction
In the current environment of heightened uncertainty, managing a multi-asset portfolio has rarely looked as complex as it does today, especially for those investors looking for an appropriate governance model on which to take investment decisions.The issue is not only to make accurate market forecasts and formulate appropriate investment views, but also to construct an efficient portfolio based on these views within a given risk budget.
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White papersIs There Opportunity in COVID-19 Valuation Dislocations?
Capital markets have rebounded from their COVID-19-induced lows, but impacted industries have lagged substantially. That pessimism may be overdone in some cases, creating opportunities for multi-asset investors to exploit dislocations.
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White papersInvestment decisions in volatile times
Volatile market conditions are an opportunity for investors to reassess and diversify. Timing an investment in the right asset class can bring significant gains, but may require using strategies that diversify risk, argue Wei Li, Senior Structurer, Multi-Asset, Quantitative and Solutions APAC.
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White papersTaking savings seriously
A penny saved may be a penny earned, but you still have to save it, and this is a task that’s getting harder and harder in today’s complex financial world. That’s where the Asset Allocation team of the Quantitative Research Group (QRG) at BNP Paribas Asset Management comes in. It seeks to give clients access to all possible financial tools with which they are most likely to secure and increase their savings over the long term.
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Asset Manager NewsTop 10 with… Interview with Markus Benzler on Multi-Managers Private Equity, 2020 update
UBS Asset Management’s Real Estate & Private Markets business is one of the largest asset managers in real assets worldwide, currently managing over USD 100bn globally. By combining the joint expertise of over 500 talented people working across Direct Real Estate and Direct Infrastructure as well as Multi-Manager Solutions in Real Estate, Infrastructure and Private Equity, we believe we can offer clients integrated solutions to optimize the diversification of client portfolios, whether that be in targeting access-restricted private equity funds or niche real estate funds.
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White papersMulti Asset: a solid total portfolio approach for a complex world
An increasing number of institutional investors have adopted a total portfolio approach (TPA) as a response to the weaknesses of more traditional strategic asset allocation (SAA)-based methodologies. We believe the current crisis will reinforce this trend, as it is probably marking a paradigm shift in financial markets. This shift could be as important as the change in US monetary policy brought in by Federal Reserve Chairman Paul Volcker at the beginning of the 1980s, which led to a long period of disinflation, lower interest rates and high asset returns.
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White papersForecasting the Next Decade: Navigating Uncharted Waters
Barings Multi Asset Group combines the underlying factors that will drive markets over the long term with today’s valuations to produce total return forecasts for major asset classes over the next ten years.
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White papersMarket weekly – Time to add risk in multi-asset portfolios?
Senior investment strategist Daniel Morris and Denis Panel, Chief Investment Officer of the Multi-Asset and quantitative solutions team (MAQS), discuss the challenges to asset allocation in this volatile and uncertain market environment.
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White papersFive portfolio construction themes for—and after—the global pandemic
At the end of 2019, we titled our year-ahead outlook, “20/20 vision: a clearer path for growth.” That was then. Markets have since been thrown into turmoil, and investors are grappling with positioning their portfolios to minimize the damage from the coronavirus-induced crisis and take advantage of an eventual recovery.
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White papersMacro Insights and Asset Allocation
Erik Knutzen, Chief Investment Officer – Multi-Asset Class Strategies, discusses the impact of last week’s Fed actions and stimulus package along with how this decline is different than 2008 in terms of markets and investment implications.
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White papersMulti-Asset Class Income Fund Introduction
In this short video, Joe Mc Donnell, Head of Portfolio Solutions & Portfolio Manager for Multi Asset Income looks at some of the themes driving demand for income as well as supply challenges in meeting this need. Joe outlines Neuberger Berman’s approach to generating a consistent income through diversified multi asset class portfolios.
