Outlooks – Page 3
-
White papers
Driving Sustainable Outcomes: Infrastructure Debt and the Sustainable Development Goals
Infrastructure investment is vital for enhancing quality of life, driving economic development and promoting social equity. It fundamentally shapes how we live, how economies function and the inclusivity and resilience of our communities and environment. To meet global infrastructure needs, including the UN Sustainable Development Goals, an estimated $97 trillion in investment is needed by 2040.
-
White papers
Will the US presidential election endanger an investment boom?
The onset of the pandemic saw the US endure a period of remarkable economic turbulence but it has since transitioned to a phase of unexpectedly strong growth. One factor underpinning this trend has been the somewhat unusual, acyclical nature of investment spending. Far from exacerbating broader swings in the economy and falling sharply in the wake of higher interest rates – the traditional response – investment spending has remained solid.
-
White papers
Engagement case study: LyondellBasell
As part of the Climate Action 100+, we co-led engagement with the company on setting and disclosing ambitious climate targets.
-
White papers
UK outlook brightens as rate cuts loom
The Bank of England held rates at 5.25% this week, but its accompanying statement made clear that, given the broader outlook for inflation, the prospect of rate cuts this summer has increased.
-
White papers
Meta shifts the narrative on dividends in the world of Big Tech
Meta’s dividend initiation this year appears to have changed the payout paradigm for Big Tech companies. Soon after, Alphabet and Salesforce followed suit, announcing dividends for the first time.
-
White papers
Economic Monthly: Flying Blind
The U.S. Federal Reserve (the Fed) has reduced the pace of quantitative tightening (QT), the European Central Bank (ECB), and potentially even the Bank of England (BoE), could begin cuts as soon as next month, and the dot plot shows the Federal Open Market Committee (FOMC) cutting rates later this year.
-
White papers
Corporate Hybrids Take the World Stage
Why a predominantly European asset class is now growing in the U.S., creating new opportunities for seasoned investors.
-
White papers
The Changing Asian Landscape – Part 2: Can India Keep Up the Pace?
Perspectives on the India success story and where it can go from here.
-
White papers
Healthcare Stocks: Testing the Vital Signs of Managed Care Providers
Questions are being asked about the US managed care industry, but some businesses are equipped to rise to the challenge.
-
White papers
Consider This: European Union elections
EU citizens go to the polls in June—here’s a look at the investment implications from Franklin Templeton Institute’s Kim Catechis.
-
White papers
Two China Questions
In this issue of Sinology, Andy Rothman offers his perspective on two key questions.
-
White papers
Stock-Bond Correlation: Theory & Empirical Results
Stock-bond correlation is an important component of portfolio allocation. It is widely used by institutional investors to determine strategic asset allocation, and is carefully monitored by multi-asset fund managers to implement tactical asset allocation. Over the past 20 years, the correlation between stock and bond returns in the US has been negative, while it was largely positive prior to the dot-com crisis.
-
White papers
The Coming Wave of Homebuyers
How higher rates for longer could be positive for U.S. consumption.
-
White papers
Macroeconomic and financial market forecasts - May 2024
Monthly Cross Asset - Macroeconomic and financial market forecasts
-
White papers
Correlation breakdown? Let’s listen to the data
At certain junctures in each investment cycle, market observers like us note phrases such as “correlations are breaking down”. Such an event is crucial, as the structure of our multi-asset portfolios hinges on the intricate concept of diversification. Ideally, correlations should be concentrated enough to avoid being muddled by investment noise, yet not so concentrated as to forfeit the benefits of cross-asset and intra-asset class diversification.
-
White papers
Modeling Direct and Indirect Climate-related Physical Risks
This paper addresses the methodological challenges in quantifying physical risks associated with climate change, proposing a novel top-down stochastic approach focused on modeling financial losses from extreme events. Unlike existing studies limited to specific events, our approach utilizes predefined climate sensitivity parameters, enabling a broader application across various extreme events using the example of tropical cyclones.
-
White papers
Paradigm shift: market snapshot
Stronger-than-forecast US economic reads and hawkish comments from the US Federal Reserve have brought rate-cut hopes crashing to earth.
-
White papers
Opportunities at the longer end of the commercial paper curve?
Federated Hermes’ Short Term Investments Committee of portfolio managers meets on a monthly basis to provide insights, strategise, and discuss investment opportunities across the short end of the yield curve.
-
White papers
SDG Engagement Equity Q1 2024 case study
Our Q1 case study looks at Chicago-headquartered bank Wintrust Financial and its efforts to support the credit needs of low- and moderate-income neighbourhoods in the Chicago area; in so doing helping to reduce the number of ‘unbanked’ households in the US.
-
White papers
U.S. Election: Age, Cash and Conflict
A political observer gives Joe Biden the edge, but thinks plenty could happen before November.