White papers - all assets – Page 134
-
White papersWhy ABS could be an attractive option for European insurers
A fundamental shift in the UK defined benefit (DB) pension market, sparked in September 2022 by the government’s ‘mini budget’, opened the doors to potential opportunities across the balance sheet for insurance companies. Here we explore how European insurers may be in a position to take advantage of the compelling risk adjusted returns on offer in the European ABS market.
-
White papersGo global for higher income
There is a new reality taking shape in global markets and investors may need to reset their expectations.
-
White papers‘Say on Climate’ voting: Losing steam – or set for a rebound?
Launched in 2020, the Say on Climate initiative encourages companies to consult shareholders about their climate strategies and net zero action plans at annual general meetings. The number of companies allowing such ballots doubled over the first two years, but 2023 has so far seen fewer initiatives. A recent paper from BNP Paribas Asset Management looks more closely at current trends, challenges still to be overcome, and the role investors can play.
-
White papersCBDCs: where do the projects and debates stand?
Since we first wrote about the topic in February 2021, a lot has happened on the Central Bank Digital Currency front. Most Central Banks are now at various stages of CBDC research, with several conducting large scale tests, and a small number even being fully launched. But debates regarding the utility, advantages, and risks of CBDCs have also been growing.
-
White papers2023 Nuveen Natural Capital Sustainability Report
Nuveen Natural Capital is on a sustainability journey that began more than a decade ago. Our 2023 Sustainability Report describes the many achievements along the way, as well as our current work and objectives.
-
White papersConsidering potential opportunities in Significant Risk Transfer
A Significant Risk Transfer (SRT) transaction is a first or second loss protection purchased by a bank on a diversified pool of core lending assets, for example, loans to large corporations, as well as SMEs. Although the origins of the SRT market date back to the 1990s, it has only existed as recognised today since the introduction of Basel II in 2007. Here, we explore why now could be a good moment for patient investors to consider SRT transactions, and why this potentially compelling opportunity could be short-lived given where we are in the economic cycle.
-
White papersGlobal Investment Views - September 2023
”The current asymmetric risk/return profile doesn’t call for increasing risks. Instead, investors should stay balanced and search for signals regarding confirmation of the economic direction.”
-
White papersESG Thema #13 - Time for action: Unlocking climate finance in Africa
This paper is co-written with the African Development Bank.
-
White papersNavigating by Flashes of Lightning
Central banks may be reluctant to hike further, but as long as they tie themselves to incoming data their hands may be forced.
-
White papersCan You Hear Me Now?
Read more on how the satellite industry has the opportunity to support over five billion cell phones worldwide, enabling text and voice capabilities without the need for cellular networks.
-
White papersIntegrating Climate Risk Into an Insurer’s Strategic Asset Allocation
Is your strategic asset allocation process missing climate risks—and foregoing climate opportunities?
-
White papersIs the U.S. Economy Meaningfully Reaccelerating?
In this monthly series, we take a quick, comprehensive look at current macroeconomic themes that matter to clients.
-
White papersLocal currency EMD – Why it might be time to reconsider an active allocation
An allocation to emerging market debt (EMD) can offer investors a range of potential benefits in the context of their broader portfolios – not least its low correlation with other sub-asset classes of fixed income. The growth dynamics and strengthening economic fundamentals of many emerging market (EM) countries are attractive to investors seeking growth, income and diversification.
-
White papersBeyond renewables: What’s next in greenhouse gas reduction?
In recent years, energy transition has become one of the most important investment themes across asset classes. Under the broad spectrum of energy transition investments, technologies such as wind turbines, solar panels and energy storage tend to attract the most attention, yet those are only a small piece of the decarbonization puzzle.
-
White papersEmerging Market Green Bonds - Report 2022
The year 2022 proved a challenging one for international capital markets. For only the fifth time in the last 100 years, U.S. Treasuries and the S&P 500 both ended the year lower than where they started.
-
White papersStrike (Big) 3?
A potential U.S. auto strike has significant implications for the economy, earnings and inflation.
-
White papersExpect a Few Bumps, but No Accidents, in Auto ABS
In this paper, the Liquidity Solutions team defines benefits of holding asset-backed securities (ABS) in fixed-income portfolios and focuses on the attractive fundamentals of automotive sector ABS in today’s markets.
-
White papersEurozone commercial real estate reset creates opportunities for debt investors
The sharp rise in interest rates over the last year has lowered valuations and led buyers to demand higher yields when acquiring commercial property. Banks have increased their scrutiny and caution, reducing loan-to-value funding ratios. While there is still demand from borrowers, especially for refinancing maturing debt, the amount of debt offered by banks per square metre is lower. We believe this environment presents an attractive opportunity for investors.
-
White papersPrivate credit & private equity: Decision drivers for today’s markets
The private capital industry has seen a surge in popularity among investors seeking stability in the face of public market volatility, recession fears, and banking sector turmoil. Private capital not only provides the potential for attractive income and returns but also serves as a less correlated portfolio diversifier, generally with lower mark-to-market volatility than the public markets.
-
White papersThe future of private credit
Private credit is now widely recognized as an alternative asset class that can deliver stable, uncorrelated returns for institutional investors.
