White papers - all assets – Page 192
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White papersFrench elections results open a phase of political gridlock
The fragmentation of votes into irreconcilable political blocs with no absolute majority creates a political situation unprecedented under the Fifth Republic. Financial markets do not seem to be concerned in the short term, but the absence of a clear policy stance could have consequences in the medium term. ...
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White papersNew diversity in green bonds may offer fertile ground for investors
The green bonds sector is changing. Years of powerful growth have not only brought it into the mainstream but have also delivered a richer, more varied universe for investors. As the world seeks the funds that will finance the energy transition and the road to net zero, we think this diversification will continue and evolve, rewarding those with the know-how to spot potential wrinkles as the opportunity set expands.
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White papers400G Networking: Empowering Data Centers
As data consumption rises, so does the need for hyperscale data centers. What opportunities could this bring?
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White papersCLOs: Well-Suited for Difficult Economic Times
CLOs are a trillion-dollar market that attracts a wide range of investors seeking attractive yields and diversification. In this Q&A, Melissa Ricco, Co-Head of Structured Credit, shares her latest views.
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White papersFive Reasons Private Assets May Offer Shelter from the Storm
Given the challenges in today’s market, private assets can offer a number of advantages—from an illiquidity premium, to diversification, to protection from rising rates and inflation.
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White papersThe ECB Joins the Growing Circle of Hawks
The ECB officially joined the hawkish camp, announcing a more aggressive path of rate hikes, which led markets to reprice the euro curve higher. Meanwhile, despite a move higher in initial claims, a strong U.S. jobs report will keep the FOMC on its hawkish rate-hiking path.
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White papersESG journey is set to accelerate in credit markets
Last year global sustainable debt issuance hit a record of over $1.4tn, with the overall sustainable debt universe expanding to near $3.4tn. In the first quarter of 2022 this healthy trend halted temporarily, as high energy prices and rising borrowing costs weighed on market trends.
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White papersThe Space Economy Achieves Lift-Off
Space-based industry is much more down-to-earth than you might think—and every day it touches more and more of our lives
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White papersWill value stocks continue to outperform expensive sector peers?
Value stocks have strongly outperformed their growth sector peers since late 2020, when they became as cheap as they were at the peak of the 2000 tech bubble. Although half of that advantage in valuations is now gone, we believe it still leaves plenty of room for an above-average performance by value stocks, especially when interest rates are rising in developed markets.
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White papers14-15 June FOMC meeting: Fed becoming worried about inflation expectations
The FOMC statement was hawkish. The Fed stated the Committee is strongly committed to returning inflation to its 2% goal, signifying it is not afraid about being hawkish until inflation comes down. While the FOMC downgraded the impact from the Russia-Ukraine war on the US economy, it was more confident that this is exerting upward pressure on inflation.
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White papersThe Fed Can’t Stop, Won’t Stop
The Fed turned more hawkish this week, upgrading its outlook for the Fed Funds rate, and lowering its outlook on growth—leading to a risk-off tone in markets. Meanwhile, the ECB announced a new tool to help address the uneven transmission of monetary policy normalization.
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White papersSecurity Concerns Add Urgency to Global Energy Transition
Russia’s invasion of Ukraine has caused enormous human suffering and upended the previous political consensus in Europe. It’s also prompted concerns that Western countries will be distracted from environmental priorities as they struggle to replace embargoed Russian oil and gas. But data suggest otherwise—that the global energy transition is accelerating and that the widespread effects from the conflict bolster the secular growth case for renewable energy.
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White papersConflict Brings a New Challenge to Global Food Security
February 24 marked the beginning of one of the largest military conflicts to break out in Europe since World War II, as Russian military forces invaded Ukraine. The unprovoked and devastating attack ratcheted up geopolitical tensions and triggered a massive humanitarian crisis.
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White papersReimagining Supply Chains: The Investing Challenge
From carmakers to smartphone manufacturers, companies around the world are reorganizing their supply chains amid a wave of disruptions. Equity investors will need to sharpen their analytical tools and engagement skills to determine which businesses are proactively adapting to a new reality.
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White papersA (stag?)flationary tantrum: assessing the current market sell-off
We are entering a tough phase of the regime shift, as the risks over economic growth add to the already hot inflationary backdrop. This means that stagflation fears will continue to drive the market and risk assets are likely to remain very volatile, particularly the most indebted companies and those with still excessive valuations.
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White papersThe Fed Makes Inflation Fighting Priority Number One
The Fed raised its benchmark interest rate by 75 basis points yesterday, to a range between 1.50% and 1.75%, and signaled stronger inflation-fighting measures ahead. We think that policy path will eventually cool inflation—but at a greater cost to economic growth than the Fed expects. And financial markets will likely stay volatile for a while.
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White papersFour questions on impact investing
Impact investing has been described as the new frontier for socially responsible investing. The strategy, targeting a financial return and an (extra-financial) impact, can be implemented in listed as well as unlisted markets. Here is what you need to know.
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White papersThe Fed presses harder on the brakes
Financial conditions continue to tighten, but perhaps not fast enough. Job creation remains strong and consumer spending and inflation are running hot, so the Fed accelerated its rate of interest rate increases, hiking by 75 basis points at its June meeting.
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White papersA focus on inflation
The conflict in Ukraine has delivered a commodity price shock similar to that of the early 1970s, shattering hopes that the inflationary uptick may prove to be transitory.
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White papersWhy it is essential that we close the SDG data gap, and how it can be done
As sustainable finance evolves from ESG ratings and risk management, investors are increasingly asking for tools to help align their investments with actual sustainable outcomes. Now, Danish fintech Matter and BNP Paribas Asset Management have developed a dataset that provides a detailed, conservative analysis of how the revenues of more than 53 000 companies align with the UN Sustainable Development Goals (SDGs).
