White papers - all assets – Page 229
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White papersGerman election remains open, with an eye on the green transition
Almost certainly, either the SPD – if its recent surge in the polls is to be trusted – or the conservative CDU/CSU will come first in terms of votes and seats, unless the Greens manage an unexpected comeback. However, as has happened in previous elections, no party will secure a majority in the Bundestag by itself. Polls indicate that for the first time a three-party coalition will be required to form a majority government.
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White papersESG Thema #3 - How can investors contribute to Net Zero efforts?
While carbon emissions have been increasing slowly despite efforts to bring them down, “net zero” commitments, however, have skyrocketed. Setting climate objectives used to be the appanage of public actors, but no longer. Investors are increasingly on board and net zero alliances exist for all kinds of financial institutions: asset owners, banks, asset managers. On top of that, at the COP26 in Glasgow, a net zero alliance of alliances will be launched “the Glasgow Financial Alliance for Net Zero”.
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White papersWhere next for credit markets?
There are a host of challenging questions for credit investors right now, among them:
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White papersFinancial inclusion: an economic opportunity for all
Almost a third of adults globally (about 1.7 billion people) remain unbanked, half of whom are from the poorest 40% of the world population.
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White papersCOVID-19 Strained Participant Financial Wellness: Can Employers Help Them Recover?
With COVID-19 still a top employer concern, protecting workers’ health and well-being naturally comes first. But the pandemic’s impact isn’t limited to only physical and mental health: financial wellness is also ailing. The crisis has exacerbated the problem, but it’s not exactly a sudden occurrence.
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White papersECB’s shy monetary policy turn has started
ECB’s Governing Council have decided on a “moderately lower pace” of PEPP purchases based on an improved inflation outlook amid favorable financing conditions. Quite importantly, the decision was taken unanimously.
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White papersEurope’s recovery is booming, but is inflation here to stay?
Mauro Valle, head of fixed income at Generali Investments Partners S.p.A. Società di gestione del risparmio and manager of the GIS Euro Bond fund range, discusses why he is cautious on inflation risk and why the outlook is positive for Italian government bonds.
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White papersRegulatory tightening explained: A strategic policy shift and the outlook for China’s private sector
What should investors make of the flurry of regulatory tightening that China has implemented since the second half of 2020? How do the measures fit into China’s central strategy as it seeks to strengthen its domestic sector and embarks on long-term strategic competition with the US?
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White papersCase study: Helping a bank publicly report on its sustainable hedging activities
Banks increasingly have a mandate set out by their leadership to prioritize “Sustainable Hedging;” that is, derivatives trading that supports the financing of sustainable business projects. Some even have specific lines of credit set aside for this type of trading activity.
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White papersThis Is Not a 60/40 Environment
The shift to a mid-cycle expansion beset with unusually high levels of uncertainty could bring a new test for asset allocators.
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White papersOctober Surprise?
It has been 11 months since the last 5% correction in equity markets, and the coming weeks present a number of significant potential risks.
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White papersVaccinations and Boosters; the U.S. Food and Drug Administration (FDA) Makes a Strong Statement
We thought it would be helpful to opine on conflicting data with respect to the potential protection afforded by natural immunity versus that derived from vaccination, as well as the recent FDA decision to recommend COVID-19 boosters for those over 65 years of age and/or at high risk of severe COVID-19.
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White papersEurope’s Most Endangered Species
As fiscal “hawks” fade from the scene, the continent’s economic policy is transforming in ways that will boost growth long after the pandemic ends.
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White papersCentral bank digital currency: clean atomic monetary energy or financial fallout risk?
In a search for the monetary theory of everything, Fiorino delves into the emerging field of central bank digital currencies…
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White papersShifts & Narratives #8 - Post-summer check-up on the regime shift
Investors have enjoyed stellar performances over the last twelve months. A 60/40 traditional global equity/bond portfolio1 returned around 19% on a one-year horizon, well above even the rosiest expectations of the recovery from the Covid-19-induced slump. The S&P 500 is up +100% from last year’s bottom – an iconic figure that says a lot about the buoyant market sentiment.
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White papersThe Recovery Can Still Rely on Europe’s Support
While uncertainties around COVID are maintaining the risk-off sentiment, the U.S. 10-year yield jumped after the U.S. retail sales print.
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White papersQ&A With ARRC’s Tom Wipf: The Shift to Term SOFR
CME Group’s Secured Overnight Financing Rate (SOFR) Term Rates have seen extensive client interest since the Alternative Reference Rates Committee (ARRC) endorsed them on July 29, with the move marking the last step in the ARRC’s Paced Transition Plan from LIBOR.
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White papersUMR Phase 5: A Real Challenge for Real Money?
In this article, we discuss the challenges along with the potential impacts and responses of the Uncleared Margin Rules (UMR) on real money accounts.
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White papersA new perspective: Diversified private debt portfolios for insurers
Private debt offers a broad and diverse investment universe that is often well-suited to an insurer’s balance sheet. However, approaches that focus on certain sub-types of private debt could create barriers to effective investment over time and inadvertently narrow the opportunity set.
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White papersBrace Yourself for the Pivot from COVID to Climate
The pandemic forced governments to plow resources into consumption, but climate challenges will require lots (and lots) of investment.
