All Multi-Asset articles – Page 9
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White papers
Rising Rates and Risk Premia
In a very challenging environment for long-only investors, long/short risk premia have delivered attractive returns—but not always in the way history would have led us to expect.
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White papers
Two Perspectives on the Sell-Off
We see signs that many investors are changing the way they think about the current sell-off—and that might challenge the way you think about the balance of risk.
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White papers
Multi-factor equity strategies that outperform when rates rise: what’s inside?
A well-diversified strategy invested in value, quality, low risk and momentum stocks should do well, irrespective of which way interest rates move. According to our research, rising rates should not affect this strategy’s ability to outperform a market capitalisation benchmark index.
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White papers
Global Investment Outlook: Actively Navigating Economic and Geopolitical Shocks
Stephen Dover, Head of Franklin Templeton Investment Institute, and Gene Podkaminer, Head of Research, Franklin Templeton Investment Solutions in conversation about shocks to economic growth highlighting the case for a multi-asset portfolio, the role of alternatives, and active management, in the latest global investment outlook.
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White papers
Balance Is the Watchword with Commodities Exposure
The highest inflation in 40 years has spurred more investors to search for assets that can help offset its bite. Commodities exposure, designed carefully, can provide effective inflation defense and portfolio diversification. But after many years of being mostly overlooked by investors, commodities have only recently re-entered the conversation—we think for the right reasons.
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White papers
Fed Pivot Becomes Fed Prayer
The US Federal Reserve is turning increasingly hawkish—hiking rates fast enough to slow inflation while maintaining economic growth will be a monumental task.
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White papers
Multi-strategy investing for a new era
Interview with Mauro Ratto, Fund Manager and Chief Investment Officer at Plenisfer Investments – part of the Generali Investments platform, an ecosystem of asset management firms.
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White papers
Russia-Ukraine War Heightens Supply Chain and Inflation Woes
The Russian invasion of Ukraine has affected many parts of the global economy, in particular the global supply chain of key commodities. Franklin Templeton Investment Solutions explores the investment implications.
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White papers
Solvency II review to strengthen insurance sector
Now awaiting passage into law is a major review of the 2016 Solvency II regulation governing the solvency capital requirements (SCR) of European insurers. The amendments proposed by the European Commission (EC) and the European Insurance and Occupational Pensions Authority (EIOPA) are intended to ensure the insurance sector remains fully resilient to future market shocks.
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White papers
Cross Asset Investment Strategy - March 2022
The geopolitical escalation at month’s end marks a further rise in volatility, even as the Fed and the ECB displayed hawkish overtures earlier. We suggest a more cautious stance in credit amid rising liquidity risks and a less appealing risk/return profile for credit compared with equity.
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White papers
Volatility, value and variants: 360°, Q1 2022
In this latest edition of 360°, Stephane Michel, Head of Fixed Income, Multi Asset Credit Solutions, and our team of specialist investors consider the likely shape of markets in a post-pandemic world.
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Video
Credit Pulse: market update – 25 February 2022
In this Credit Pulse, we use analysis from our February Credit Strategy Meeting (CSM) and discuss the challenges we see arising in the markets and how the expectations formed a few months ago are challenged in the present environment.
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White papers
Asset Class Implications of the Russia-Ukraine Conflict
Russia has invaded Ukraine. Our Franklin Templeton Investment Solutions team reflects on the human tragedy that is occurring as they also parse the data to understand the resulting economic and market implications. If the conflict remains protracted, it may produce a “low growth, high inflation” environment, in which case nimble management and keen attention to policy responses will be required.
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White papers
Russia attacks Ukraine: Markets will have to readjust to the shock
Market reaction: The worst-case scenario of a full blown attack to Ukraine has materialised. It’s risk-off on Russian assets; global risk assets are under severe pressure.
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White papers
Managing Duration in Multi-Asset Strategies? Be Dynamic
For most of the past decade, government bonds have contributed positive returns and a note of stability to multi-asset portfolios. But since late 2021, they’ve been much more volatile, as markets digest central banks’ transitions toward tighter monetary policy.
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White papers
Equity factor investing – Sunshine after the storm
After a particularly difficult 2020, 2021 proved favourable for multi-factor equity strategies investing in the cheapest, most profitable and least risky companies with the strongest momentum in each sector.
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White papers
Resilient multi-asset portfolios in an inflationary regime
Inflation dynamics drive monetary policy and financial market trends and play a key role in portfolio construction. Therefore, the ex-ante identification of a possible shift in the inflationary regime is needed to fine tune multi-asset portfolios.
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White papers
Disruptions Redefine Risk and Opportunity in 2022
Global investment outlook: The ramifications of the pandemic will likely continue to reverberate in 2022, but what does that mean for investors? Our investment teams explore key themes in equity, fixed income and real estate.
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White papers
Key Investment Themes for 2022 - Views from around Generali Investments
2021 saw investors contend with pivotal changes in the macro environment, big developments in ESG policy, and the shifting uncertainties of the pandemic.
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Video
Solving for 2022: Erik Knutzen on Macro
As 2021 concludes, the leaders of our investment platforms got together to debate and identify the key themes that they think will guide investment decisions in 2022.