All United States articles – Page 11
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White papersPrivate credit: The Red Thread – Private Markets – Edition May 2025
The first one hundred days of the second Trump administration has been eventful to say the least. The announcement of impending tariffs on Mexico, Canada and China raised concerns of global trade war increasing the risk of recession. Some strategists have gone so far as to say a recession in the US is now a 90% probability. Naturally, this has investors on edge and private credit’s not immune to this speculation.
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White papersRe-evaluating core equities: the forgotten space
Core equities are regaining attention in 2025 as a balanced way to manage volatility and capture opportunities beyond narrow mega-cap leadership. Active strategies offer key advantages over passive in a shifting market.
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White papersO’Connor Global Multi-Strategy Alpha Monthly Letter: Historic shift in US trade policy
We are witnessing what we believe to be one of the most historic shifts in US trade policy, fundamentally altering market volatility and asset allocation. Investors are questioning American exceptionalism and the sustainability of US financial asset outperformance, following years of increasing allocations and notable outperformance in the US. The shift in sentiment and related flows are leading to pronounced market movements and redirecting investor focus.
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White papersRewriting the rules: The rise of private real estate in an evolving market environment
In today’s evolving market landscape, private real estate is emerging as a preferred asset for institutional investors. Despite recent challenges in capital markets, real estate continues to offer notable benefits such as stable returns, inflation hedging capabilities, and diversification advantages. As debt markets thaw and transaction volumes rebound, the allocation to real estate is expected to increase, presenting opportunities for investors to establish a solid basis and add diversification to their portfolios.
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White papersFrom Liberation Day to Independence Day
Business confidence needs to improve to restart U.S. investment and growth—could the forthcoming tax bill provide the impetus?
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White papersUS-China truce reduces tariffs for now
“The US-China trade announcement is welcome news, but policy uncertainty remains. As we wait for developments after the 90-day pause, we see opportunities in the broader global equities space.”
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White papersWhat would it take to see a sustained weakness in the dollar?
About a month after “Liberation Day,” the US dollar has shown signs of stabilisation, though it continues to soften against most developed and emerging markets currencies.
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White papersThe U.S. Labor Market: Caution or Confidence?
This month we investigate the details of the labour market for signs of weakness. On balance, the labor market remains quite stable. There are, however, a few points of concern.Youth unemployment is rising rapidly, and the length of time people are unemployed has risen. Restrictive immigration policies may also be contributing to tightening the supply of labor.
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Research ReportMacro House View Q2 2025
While the global economy entered 2025 in a reasonably sound condition, the near-term outlook has deteriorated due to a modern trade experiment with tariffs, a complex interplay of disruptive policy responses and evolving risk and return expectations.
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White papersThe End of US Exceptionalism?
We take a view in this paper that will be unpopular—defending the case for US exceptionalism.
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VideoThe term loan supports the development of Spearmint’s 2.8 GW Portfolio of battery energy storage system assets
Between now and the end of the decade, $8bn in new battery storage investment will be required annually to meet growing power demand in the U.S.
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White papersNew Playbook: Institutional investors reevaluate their asset investments
IREI article: How are US allocations to real estate shifting relative to other assets?
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White papersUS market is a good proxy for global high yield
While a global approach provides advantages for many fixed income sectors, the benefits are less clear for high yield.
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White papersUS and China: balancing the decoupling
“Impacts of the trade war are just about to unfold, and some are not erasable by whimsical policy changes. It is complacent to assume there will be no structural consequence.”
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White papersUS Healthcare: Attractive Valuation for a Structural Growth Opportunity
US healthcare offers an attractively valued entry point for a strategic overweight allocation. This is despite considerable short-term uncertainty about the evolution of US policy. The sector is trading near historical lows globally; in the US, it is now trading at the deepest discount to the broader market in nearly 40 years based on relative forward price-earnings (PE) multiples. Its share of the broader market is at its lowest in 15 years.
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White papersTesting US exceptionalism? What markets have learned from Trump’s first 100 days
What were markets and investors anticipating from the first 100 days of US President Donald Trump’s leadership – and what’s been the reality? Click the link to read views from Fabiana Fedeli, CIO for Equities, Multi Asset and Sustainability.
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White papersBonds do their job during the first 100 days of uncertainty
Many crosscurrents are affecting US rates.
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White papersLet Powell drive the bus
Trump’s attacks make it harder for the Fed Chair to steer the economy through the storm.
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VideoInvesting in a post ‘Liberation Day’ era
One month on from the introduction of US President Donald Trump’s ‘Liberation Day’ tariffs, investors are weighing the real impact on markets. In this video, Saker Nusseibeh, CBE – CEO of Federated Hermes Limited, shares his view on what it means looking forward.
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Asset Manager NewsNuveen Real Estate Raises $320 Million for U.S. Cities Retail Fund
Capital to be deployed in grocery-anchored, necessity-based retail across top U.S. neighborhoods
