All Multi-Asset articles – Page 4
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White papersGlobal Investment Views - April 2024
A resilient US economy (owing to consumption and wealth effects) and strong earnings expectations for the year are driving the recent upside in equities and increase in yields. Now, the big questions are whether this can continue given the already strong market movements, and whether these earnings expectations are credible?
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White papersA Major Change in the Markets
Investors are now focused on growth more than inflation—what might that mean for portfolios?
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White papersHow to build a cross-asset value factor
MARS, our Multi-Asset Research Series, focuses on complex topics in the realm of multi asset to bring quantitative investment research back to Earth. This fifth edition addresses some of the complexities of forming a value strategy.
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White papersCIO views: finding value through patient investing
How and where can patience reward investors? Over time, how could patient investors find better value? Across asset classes, our CIOs seek out areas they believe are underestimated or mispriced by the market and could offer superior prospects to investors adopting a long-term approach.
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White papersGold has been shining bright this year
”Expectations of a Fed pivot to cut rates likely drove the recent, sharp surge in gold. Now, geopolitical risks and concerns over lack of fiscal prudence from governments could support the demand for metals.”
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White papersAdapting to higher interest rates while optimizing prudential capital
As we enter 2024, the financial terrain remains shaped by high interest rates likely to persist at least through the first half of the year.
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White papersDesigning Multi-Asset Income: It’s Complementary
Multi-asset income strategies are becoming more popular, but some may bake in more risk than expected. The key is designing complementary exposures.
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White papersAngling for Growth Potential and Income? US Markets Offer Multi-Asset Investors Both
The US can be an expansive single source of long-term growth potential and income.
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White papersA Snapshot of Asset Allocators’ Views
We spent several days in late January with a group of Chief Investment Officers and senior asset allocators. This was useful both as a way to hear the key concerns for a significant group of investors and as an opportunity to think about what one might do in response.
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White papersMulti-Asset Outlook 2024: Embracing the “Less Exceptional”
After pandemic-era extremes, growth and inflation should approach historical averages in 2024. Here’s how multi-asset investors can respond.
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White papersOpening Bell – an excess of pessimism about the economy, though not in markets
We expect 2024 to outperform the current pessimistic economic forecasts but struggle to beat the optimism priced into equity markets.
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White papersHow the Australian canary shows this cycle is different
Across 2023 we had been using Australia as our “canary in the coalmine” to highlight why this cycle is different. Despite some of the shortest maturity mortgages in the world, Australia’s economy has hummed along nicely. Our canary remains singing and shows why meaningful recessions are unlikely.
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White papersMulti-Asset Investing in a Post-Peak Rate Climate
Rate cuts don’t happen in a vacuum—staying nimble with asset allocation can help investors adapt.
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White papersMulti-asset: a cycle without a textbook?
The year 2024 begins in a market cycle that is far from textbook. What types of scenarios might this give rise to? We outline the possibilities in this quarterly edition of Simply put. Notably, our projections suggest that we are at the dawn of a challenging period for Sharpe ratios, where risk-taking could be poorly rewarded.
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White papersCash Is Poised on the Sidelines
With cash rates priced to decline substantially, we think it is time to deploy liquidity, locking in bond yields and seeking out value in the equity market.
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PodcastOuterblue Convictions – Global Investment Views: What stands out amongst the Santa Rally?
In our last Convictions podcast of the year, Swaha Pattanaik and Monica Defend, Head of Amundi Investment Institute, sat down last week to discuss whether any of the recent policy comments or economic data publications might have impacted our main calls for 2024.
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White papersReflections on COP28: Opportunities amid Challenges
Investors are warming to opportunities stemming from climate change, and other takeaways from COP28.
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White papersBuilding a regime-resistant, long-run allocation in multi asset
MARS, our Multi-Asset Research Series, focuses on complex topics in the realm of multi asset to bring quantitative investment research back to Earth. This fourth edition considers how to bridge the gap between existing approaches – the multi-regime distribution of assets and risk-parity investing – in order to optimise risk-based portfolio construction.
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White papersA November to remember
”The slowdown in inflation and economic growth should support bonds and multi-asset investing moving towards 2024.”
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White papersMulti-Asset Credit Investing: Why Now?
In today’s uncertain environment, high yield multi-asset credit strategies look compelling—especially given their strong track record through the cycle and the potential for attractive income.
