All United States articles – Page 10
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White papersWhat is the next chapter for the dollar?
Structural tailwinds that have supported the US dollar over the past three years appear to be fading: global growth is converging, the US Federal Reserve has started to cut rates, and the European Central Bank is set to hike.
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White papersEmerging markets: The answer to more than one question
Investing often begins with a question. Precisely what that question is, however, will be determined by a range of factors – your appetite for risk, your investment philosophy or, perhaps most importantly, your time horizon. For example, if you’re comfortable making short-term calls on asset allocation and believe you possess the gift of timing the market, you might start by asking:
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White papersEM debt: Cautious confidence in a shifting landscape
As we enter the final quarter of 2025, emerging market (EM) debt continues to demonstrate resilience against a complex global backdrop. Despite rising policy uncertainty, geopolitical tensions, and evolving trade dynamics, EM debt has largely outperformed other fixed income asset classes so far this year. In this note, we evaluate the drivers behind EM debt’s strong returns, assess the sustainability of current trends, and outline the key risks and opportunities for the remainder of the year.
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White papersEmerging markets fixed income: Past, present and future
Over the last decade, emerging market (EM) sovereign and corporate hard-currency debt outstanding has grown significantly, with just over half of it rated investment grade. Over the same time period, EM local currency debt for sovereigns and corporates has grown to become the dominant segment of EM debt.
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White papersExploring the evolving AI landscape
This summer saw no shortage of news flow and events concerning artificial intelligence (AI). In this update, Jeffrey Lin, Head of Thematic Technology Equities, reflects on the evolving AI landscape, including technological advances and demand for infrastructure, and outlines why he believes AI innovation has the potential to deliver strong multi-decade revenue growth.
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Asset Manager NewsGenerali Investments Completes Acquisition of Majority Stake in MGG Investment Group
NEW YORK and MILAN – Generali Investments, a leading global investment management firm and part of the Generali Group, and MGG Investment Group (“MGG”), a U.S. private direct lending investment firm with over $6.5 billion in assets under management which was launched in 2014 by Kevin Griffin and McCourt Global, today announced Generali Investments’ wholly-owned subsidiary, Conning & Company, completed its acquisition of a 77% stake in MGG and its affiliates.
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White papersAlternate routes: The Fed’s moves and implications for stocks, bonds and beyond
While the path ahead for the economy and markets remains uncertain, compelling fundamentals emerge across asset classes, from traditional and alternative credit sectors offering attractive yields to opportunities in U.S. large cap stocks, real estate and infrastructure, with insights spanning the Fed’s policy implications, key economic indicators, asset class positioning, portfolio construction themes and actionable investment ideas.
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White papersNeo-clouds With Gold AI Linings
Last month, U.S. President Donald Trump brought together 33 of Silicon Valley’s most influential leaders to address a burgeoning challenge: How to meet insatiable demand for data-processing power in the age of artificial intelligence?
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White papersInvesting amid era-defining tech change and an expensive U.S. dollar
TIAA shares their outlook on the Federal Reserve’s rate-cutting cycle, strategic positioning amid dollar headwinds, and emerging opportunities driven by AI’s transformative impact on energy infrastructure and data centers, while navigating geopolitical risks and real estate recovery in an era of innovation and uncertainty.
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White papersU.S. Commercial Real Estate Market Overview
The U.S. CRE market shows early signs of stabilization, with improving fundamentals and more balanced supply–demand dynamics after a period of repricing and tighter financing conditions.
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White papersFive reasons tariffs have not wrecked the US economy
Turmoil in financial markets over US tariffs has died down in recent weeks, mostly because the headlines have moved elsewhere and the economic effects of tariffs are only coming in gradually. But now that we have some relevant data to examine, it is worth assessing where we are in the rapidly changing global trade environment, the effects so far, and where we may be headed.
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White papersThe case for industrial development in the next cycle
With fundamentals normalizing and construction pipelines easing, selective industrial development is poised to outperform in the next cycle, particularly for high-quality, well-located assets.
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White papersFed may cut further, amid weaker employment
At its September meeting, the Fed cut the Fed Funds target range by 25bp to 4.00-4.25%, as expected. The Fed’s economic projections showed the median Fed Funds forecast shifting to a total of 75bp of cuts this year, implying a 25bp cut at each of the remaining two meetings. This is happening at a time when both the ECB and BoE left rates unchanged, thus providing opportunities for global fixed income investors to play central banks’ policy asynchrony.
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White papersInflation or employment? The Fed makes its choice
The scales have tipped in the US Federal Reserve’s (Fed) long-running balancing act between taming inflation and promoting full employment. With September’s quarter-point interest rate cut, the first such move in nine months, Fed officials appear to have made the labour market a key concern.
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White papersFed delivers a cut, signals more as growth momentum fades
The Federal Reserve’s recent rate cut and updated projections signal a more accommodative monetary policy ahead, with policymakers now expecting twice as many rate cuts this year as previously anticipated. This shifting environment creates new investment opportunities across multiple asset classes, including shorter-duration fixed income, real estate, equities, and municipal bonds that investors should consider as the Fed continues its easing cycle.
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Asset Manager NewsFranklin Templeton forms strategic partnership with Copenhagen Infrastructure Partners, DigitalBridge, and Actis to expand infrastructure solutions for Private wealth
Franklin Templeton forms strategic partnership with Copenhagen Infrastructure Partners, DigitalBridge, and Actis to expand infrastructure solutions for Private wealth
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White papersThe Search for Goldilocks
Moving into the final quarter of the year, investors face a series of questions around key macroeconomic variables that will define the growth and risk asset outlook for 2026, and hope that the balance will get things “just right.”
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White papersLiquidity: Looking on the bright side
Trump’s pressure on the Fed notwithstanding, the money markets have much to celebrate.
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White papersAlternative realities: Behind the headlines of the private markets megatrend
Alternative investments have transitioned from peripheral allocations to central pillars of institutional and private wealth portfolios. Amid persistent inflation, rising interest rates, and global uncertainty, investors are questioning the viability of traditional 60/40 portfolios. The shift is driven by the need for diversification, durable yield, and reduced reliance on public markets. Structures like multimanager platforms, evergreen formats, and curated fund-of-funds are enabling broader access. Private market AuM reached USD 11.7 trillion in mid-2022, with private wealth expected to contribute up to USD 1.3 trillion by year-end. The focus is now on how best to allocate, not whether to do so.
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White papersStronger European and U.S. sentiment: Fundamentals lead the way
Investor sentiment in both Europe and the U.S. continues to improve, reflecting stronger leasing activity, moderating inflation, and greater confidence in the sector’s fundamental recovery.
