All Strategies articles – Page 9
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PodcastOuterblue RI – Driving Climate Action through Shareholder Engagement
In the second episode of our five-part series on Shareholder Stewardship, Aaron McDougall, Head of Climate & Ciaran Callaghan, Head of European Equity Research engage in a dynamic conversation on shareholder engagement on climate - linking climate engagements to responsible investors financial considerations.
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White papersMarket Update: Geopolitics, Rare Minerals, and the Polar Silk Road
Donald Trump is back as the President of the United States and has quickly implemented controversial policies that challenge the global order and traditional conventions. Among the many eye-catching headlines Trump has expressed desires to annex Greenland and the Panama Canal and has even suggested that Canada become the 51st American state.
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White papers2025 Emerging market debt outlook: Stick to income and relative value in a disruptive year
As 2024 is now behind us, we are reflecting on a year of political and geopolitical upheaval which culminated in the election of Donald Trump in the U.S., whose disruptive agenda hangs over emerging market (EM) investors’ heads. In this outlook, we flesh out our current view of the world, as seen from an EM lens, and highlight a few key investment themes.
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White papersStrategy Outlook: Unified Global Alternatives - Hedge Funds First Quarter 2025
Unified Global Alternatives Hedge Funds (UGA HF) Broad Based Diversified (BBD) and Broad Based Neutral (BBN) portfolios generated positive results in Q4, experiencing profits across our four main strategies (Equity Hedged, Trading, Credit / Income, and Relative Value).
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White papersFinding Growth in US Stocks Beyond the Technology Sector
Technology stocks have been the poster child for growth in recent years. Other sectors deserve a closer look today.
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White papersWhen Does the Cutting Cycle Become an Easing Cycle?
Over the past years, the Federal Reserve’s rate-hiking cycle has been unique, marked by looser financial conditions, termed “the hiking cycle that was not a tightening”. Currently, we are witnessing “a cutting cycle that is not an easing“ with financial conditions tightening despite rate cuts, affecting future growth outlooks and posing risks for investors.
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White papersArtificial intelligence – Still positive after the sell-off
In the week ending 24 January, a previously unknown Chinese start-up presented an artificial intelligence large language model apparently showing a performance comparable to that of the leading US models. The unexpected development could disrupt the paradigm of a quasi-monopolistic position for leading US chip manufacturer. This concern led to a major fall in valuations of some prominent tech companies. Markets have since recovered most of their poise. Here we give our view on these developments.
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White papersNotes From the Road: Investor Views at the Start of ‘25
We started this year by engaging in discussions with a large number of CIOs and allocators. In this short note, we reflect on key common messages that came out of those discussions, points of consensus and important open questions for the outlook.
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White papersA Choppy Start to a Year of Uncertainties
The first two weeks of 2025 perfectly illustrate why we see a wide dispersion of potential outcomes for the year, and advocate staying nimble and diversified.
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White papersPrivate Equity and Rates, Part I: The Theoretical Framework
Why we think declining rates should raise private equity valuations, and help unblock deal activity and fund distributions.
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White papersAsset Allocation Committee Outlook, 1Q 2025 - A Delicate Balance
“Overall, we anticipate a supportive backdrop for risk assets, as reflected in our broad asset-class views… The balance is delicate, however, and the risks are piled up on both sides.”
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White papers10 Things Pension Schemes Should Know about Buy-Out
The UK’s defined-benefit pension schemes are financially stronger than they have been in years. Many sponsors and trustees are taking this opportunity to revisit their endgame. Should they transfer their obligations to an insurer in a buy-out transaction, or is the scheme better placed to run on, managing its own obligations?
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White papersBrightening Capex: A Value Tailwind?
Global industrial activity appears to be gathering steam, potentially spurring capital expenditures, which could favor value stocks and small caps.
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White papersHow Chinese companies craft their own future
Excerpts from the “China outlook 2025” session at the Greater China Conference 2025
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White papersHedge Fund Outlook H1 2025
HF to lure more interest after a strong 2024 vintage for alpha
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White papersTrump’s first 100 days: Five policies shaping markets in 2025
With an ambitious policy agenda, President Donald Trump’s first 100 days in office will provide an early indication of his ability to sustain momentum in delivering on his promises. Wasting no time, Trump has unleashed a whirlwind of executive actions across a variety of policy focus areas, though many are likely to be challenged in court.
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White papersA racing certainty – can big tech beat the odds again?
My Grandad was into horse racing, it was his passion. If you named a horse, he could tell you who its sire and dam were and when he bet it was always “on the nose”. There were no ‘each way’ bets for him! As a youngster I didn’t understand how the same horse didn’t win all the time – surely if it was the fastest once then it would nearly always be the fastest. That was when he explained the handicap system to me – every time a horse won it would carry a heavier weight in its next race. This is what made it interesting, uncertain, unpredictable and his passion in life.
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White papersIn the Balance
We think easing inflation and a pro-business policy environment will support above-trend growth in 2025, but the balance is delicate with risks piled up on both sides.
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White papersVolatility, velocity and vigilantes
Volatility is how markets express uncertainty, and 2024 offered its share of ups and downs.
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White papers2025 investment landscape: Q&A with our CIOs
The December CPI print delivered a much-needed downside surprise, relieving some of the market anxiety that the U.S. economy is at the beginning of a second inflation wave. Annual headline inflation picked up to 2.9%, but, more importantly, annual core CPI dipped to 3.2%, with the pace of monthly core inflation slowing for the first time since May last year. For the Fed, today’s print is certainly not enough to prompt a January cut. But, it does keep hopes alive that the Fed’s cutting cycle still has some room to run.
