Outlooks – Page 82
-
White papers
The Best Way to Get a Car Out of a Ditch
And how investors should judge the next round of government spending.
-
White papers
Cautious Optimism or Cold Realism?
Signs show divergence between China’s supply and demand recovery. The first full week of the new U.S. administration will give more clarity on what can feasibly be expected to pass this term. Meanwhile, Italian politics raises questions over the EU recovery fund.
-
White papers
European Fixed Income In 2021: Focused On Recovery, And Politics
There are reasons to be optimistic the picture will look brighter for Europe by year-end.
-
White papers
Impact investing: How private and listed markets offer choice for investors seeking positive change
Impact investing is helping investors tap into key financial markets megatrends while addressing some of our most important sustainability challenges.
-
White papers
The path for oil and gas after COVID-19
Post-COVID recovery initiatives from governments are increasingly taking a green path, but the response of oil and gas companies so far runs from denial to complete reinvention. Should they continue pumping oil for as long as they can to avoid destroying capital for investors, or do they need to accelerate efforts to future proof their businesses now?
-
White papers
Credit Pulse: market update - 15 January 2021
How does the fixed-income team at the international business of Federated Hermes see this year shaping up?
-
White papers
Five reasons why EM equities could power ahead in 2021
Has the tide finally turned for emerging markets equities after a decade of trailing US markets? It’s a question we often hear. After two consecutive years of solid gains for the benchmark MSCI Emerging Markets Index, emerging markets appear well positioned for further growth. The US dollar has weakened, commodity prices have firmed, US-China trade tensions may simmer down and there are a number of investible opportunities that could allow investors to take advantage of a potential cyclical recovery in global markets.
-
White papers
Looking forward to a sustainable 2021
In 2021, BNP Paribas Asset Management aims to build out the pillars of its approach to sustainable investing, extending the integration of environmental, social and governance (ESG) criteria in investment processes, says Jane Ambachtsheer, Global Head of Sustainability.
-
White papers
Webinar | Asset Allocation Committee Outlook 1Q 2021: A Tentative Recovery
“Investors who can tolerate volatility for the next six months or so could take the AAC’s views as a signal to bound out of the sickbed and fully embrace risk. The rest of us may do better by continuing to give portfolios the TLC they need: taking risk judiciously and in a balanced way.”
-
White papers
EM Debt: Where is the Value Today?
Barings’ Cem Karacadag discusses the outlook for emerging markets debt, including the uneven impact of the pandemic, how rising interest rates and fluctuating currencies may influence the picture, and the increasing role that ESG is playing in identifying winners and losers.
-
White papers
Emerging Market Debt Opportunities Monthly Review
Perspective from Franklin Emerging Market Debt Opportunities team.
-
White papers
IG Credit: Can the Strong Performance Continue?
After a rollercoaster year, IG corporate credit ended on a high note. But all eyes are on the months ahead, and whether we could see a reversal of some of the trends that buoyed the asset class in 2020.
-
White papers
Global Emerging Markets: country allocation review 2021
Fiscal and monetary stimulus programmes across the world buoyed global markets in 2020 with encouraging Covid-19 vaccine trial results providing an end-of-year boost for investors. However, macroeconomic data is mixed: there has been a lower-than-expected improvement in the service sector and inequality is rising.
-
White papers
Hedge Fund Strategy Outlook - Q1 2021
Going into the new year, we are very optimistic about the opportunity set, and we think that active management alpha will be key to success in 2021 as beta-driven momentum slows given potentially stretched valuations. We believe it is prudent to be growth oriented in our portfolio positioning while also holding hedged alternative investments that exhibit low correlations to broader risk assets.
-
White papers
CLOs: Cautious Optimism
Coming off a tumultuous year, CLOs look well-positioned going forward—particularly if the economy continues to heal and rates move higher.
-
White papers
Global Fixed Income Macroeconomic And Sector Views: Q1 2021
Commentary from Franklin Templeton Fixed Income.
-
White papers
Market Scenarios and Risks - January 2021
This month, we update the probabilities and narrative of our central and alternative scenarios, taking into account 4Q20 developments in vaccinations, fiscal and monetary policies, and (geo)politics. We have a higher conviction on our central scenario and we are raising its probability from 65% to 75%. We are lowering the probability of our downside scenario from 25% to 15%, which remains above historical levels.
-
White papers
2021 global outlook reassessed
As the Q420 is now closed, we confirm the “financial recovery regime” as our central scenario for 2021 with a higher conviction than in Q320. We expect better corporate fundamentals at a global level going forward. The rebound of EPS growth will eventually validate current asset price levels in the context of low interest rates. This explains our cautious optimism for the coming quarters.
-
White papers
Podcast: Making the Case for Value
Over the past decade, we have seen that growth investing has had a tremendous run and was considered the first choice in approach for investing in stocks. However, for the last several months and for the first time in quite a few years, market conditions seem to suggest that now value has started to become the more popular option.