All Risk Management articles
-
White papersWhy short duration bonds may offer attractive opportunities in 2025
There has been an increase in appetite for short duration bonds over the last three years. Short duration can be utilised to meet a range of investor outcomes. We expect short duration to offer more opportunities than further up the curve in 2025.
-
White papersThe curious case of rising US Treasury yields
A number of factors are likely prompting the move.
-
-
White papersDiversions Ahead: Finding Resilience in the Next Chapter
The US economy is resilient and appears to have reached a healthy equilibrium, but US policy shifts are on the horizon and may alter the balance.
-
-
White papersISA Briefing: Elections everywhere, all at once: Geopolitics and risk
Roughly 60% of the world’s population lives in countries facing major elections in 2024, markets representing 65% of the institutional investable real estate universe. Elections are, of course, the cornerstone of the democratic process, which in turn underpins the appeal of the most transparent, investable markets; that said, elections come with the possibility of policy changes that may impact returns.
-
White papersNavigating climate risk: Solvency II revision, stress tests and strategic adaptation
A critical challenge: climate change represents a major challenge for insurers, driven by the increasing frequency of natural disasters and the need to manage risks associated with the transition to a low-carbon economy.
-
-
White papersHarnessing climate data: Advancing data analytics to better integrate physical risks and opportunities
Climate change is no longer a distant, theoretical threat. The impacts are already being felt today with severe societal and financial consequences. And while we have seen an improvement in climate-related financial disclosures over the last decade, particularly regarding transition risks, corporate reporting on physical risks, both acute and chronic, remains limited, incomplete and inadequate.
-
White papersA Return to Uncertainty
We believe that even though 2025 is off to a rough start, firms and consumers will continue to adapt, and growth will stabilize over the year. Many of the negative impacts of lower activity in the beginning of the year (weaker consumer spending, weaker consumer confidence and high imports to front-run tariffs) are idiosyncratic and have the potential to be offset in subsequent quarters, resulting in overall growth that is healthy, albeit weaker than 2024.
-
White papersRecession risks: Weighing policy uncertainty and market volatility
The U.S. economy faces pressure from tariffs, slower growth, and high valuations, unsettling markets and investors. A recession isn’t inevitable, though—strong consumer and corporate balance sheets and possible Fed support could help. While risks have grown, a recession shouldn’t be seen as the base case, but it also shouldn’t be ruled out.
-
White papersRebalancing Act: Rethinking Growth Versus Value
Heading into 2025, a handful of mega-cap tech companies had tilted the U.S. public equity markets meaningfully into growth territory. Recent gyrations have revealed the potential risk in such positioning, and offered yet more evidence for why we believe it is time to rebalance portfolios by increasing exposure to value.
-
White papers2024 Proxy Season in Review
For the fifth consecutive year, Neuberger Berman continued our tradition of active engagement in an effort to enhance shareholder value and manage risk for our clients.
-
-
White papersCLOs: 4 Factors to Watch
CLOs look well-positioned in the current environment, particularly given their floating-rate nature, robust structural protections, and potential for incremental yield—but risks remain on the horizon.
-
White papersCorporate Hybrids Arbitrage: Trading the Ebbs and Flows of Extension Risk
Is there structural mispricing in Corporate Hybrids?
-
White papersPrivate Markets: As The Ice Breaks
With a liquidity drought fading, investors can return to the more normal task of building private market portfolios designed to pursue unique investment goals.
-
White papersScenarios, risks and macroeconomic forecasts
Main and alternative scenarios, and Macroeconomic forecasts as of 24 January
-
White papersDiversifying private credit portfolios: beyond traditional metrics
Many recent conversations with LPs have centered around the growing sense of crowding and concentration in the private credit market, prompting a revaluation of exposure and portfolio metrics. With that in mind, we wanted to spend some time this quarter diving deeper into our approach to diversification.
-
White papersTrump 2.0: Back to the Future?
By the end of this month, President Trump will enter the White House for his second term with an economic backdrop quite different from that of his first term. While the policies he advocates for are of a similar style this time around, the entirely different economic situation mean that those policies may have a different effect than they would have had in his first term.
