White papers - all assets – Page 255
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White papersData Centres: European Markets Emerge as a Hot Spot
Major markets in Europe are experiencing dramatic growth in data consumption—driven by innovative economies and high personal incomes.
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White papersFor diversification and returns: private debt and real assets
Investing in private debt and real assets can offer investors benefits such as attractive risk-adjusted return potential and real diversification, setting these ‘alternative’ markets apart from their traditional public counterparts.
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White papersEM Investment Opportunities for 2021
Global investors are currently dealing with two key challenges: find decent yield for their fixed income portfolios in a world of ultra-low or negative interest rates and access some exposure to growth at a reasonable price. EM market assets may offer some opportunities in addressing these challenges and have the potential, in our view, to outperform other asset classes both in equity and fixed income in 2021.
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White papersCOVID-19 Update: Good News, Bad News
In an effort to bring timely insights during these uncertain times, we are pleased to share an update from Terri Towers, PhD, Senior Healthcare Analyst, who shares her views on the COVID-19 (“Coronavirus”) pandemic.
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White papersSeven Crucial Questions This Earnings Season Can Answer
As investors strain to imagine the post-pandemic normal, a blurry vision is already coming into view.
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White papersSetting our climate change expectations for investee companies
Climate change is the defining challenge of our time and, at the international business of Federated Hermes, we recognise the imperative for collective action to limit global average temperature increases to 1.5°C and to adapt to changing climatic conditions. That’s why we have set out our climate change expectations for ourselves and our investee companies.
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White papers*Tokenisation of alternative investment*
Technology offers fascinating perspectives for asset management. These include tokenisation, the process of creating a digital representation of non-digital assets on a blockchain.
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White papersDaimler case study
Daimler has embarked on an ambitious business strategy to support its transition to the low-carbon economy, following a decade of engagement by EOS to achieve a roadmap for alternative technologies and sustainable vehicle models, culminating in a sustainable product portfolio.
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White papersBlowing smoke and fogging mirrors: why the European auto sector is a long way from Paris
In an in-depth report, our Responsibility Office and EOS at Federated Hermes examines European auto firms’ progress in transforming their businesses to Paris-Alignment.
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White papersBiden’s First 100 Days: The roadmap ahead for capital markets
With the Georgia run-off elections giving the Democrats narrow control of Congress and President Biden’s inauguration behind us, investors can finally set their sights on the policies of the new administration. Broadly, markets have responded favorably across most risk assets as the uncertainty surrounding the election has finally passed.
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White papersIs the Tunnel Getting Longer?
In a race between vaccine research and virus mutations, logistical challenges are setting up hurdles that are lengthening the distance to the end of the tunnel. Markets have priced in a strong recovery though there are near-term concerns in the real economy.
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White papersNew money and maybe new powers too: Central Bank Digital Currencies are coming
While it is still too early to see a full launch in a large country, the CBDC (Central Bank Digital Currency) theme is likely to grow in importance in 2021. Over the recent period, central banks have accelerated their studies and tests in this domain. As an instrument for helping economies adapt to digitalisation, CBDCs are also intended to bolster a state’s monetary sovereignty in the face of new challenges.
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White papersSupply vs demand of EMU EGB in 2021
Euro area sovereign debt issuance vs. ECB purchase dynamics look favourable in 2021. On the supply side, net issuance should decrease vs 2020, thanks to lower aggregated numbers of budget deficits, incoming support from EU funds, and for some countries, the use of increased cash accounts and higher bond redemptions.
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White papersWhy we don’t expect the Fed to taper its bond buying programme this year
In a world where sovereign bond yields are in the hand of central banks, the recent upward revisions of growth expectations for the US economy raised questions about the outlook for the Fed’s monetary policy. Growth is expected to rebound in H2 and very accommodative monetary policy is not a free lunch. The difficulty for the Fed is estimating how sustainable this expected improvement in growth and inflation will be in H2 2021.
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White papersTaper or not taper: a key issue for markets
The Fed is committed to maintaining very accommodative monetary conditions and unchanged interest rates until the economy has returned to full employment and inflation has stabilised above its 2.0% target. But the Fed has so far been vague on what determines the pace of its asset purchases. It is clear that these will have to decline long before it raises its key rates. But when and on what basis?
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White papers2021 investment case in equities and how Japan fits into it
Although the global recovery began to be priced in last year, the current pro-cyclical rotation is likely to continue. Because of the dollar’s weakness, we prefer emerging markets, but Japan has other things going for it that, at the very least, can help balance out the portfolio.
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White papersMarket Scenarios and Risks - February 2021
This month, we maintain the probabilities and narrative of our central and alternative scenarios. We confirm our constructive medium-term view on the “financial recovery regime”, with more caution in the short-term on financial markets, given the virus-dependent news flow.
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White papersThe greenness of the EU budget: implications for fixed income and industry
The EU’s significant budget allocations to address the climate crisis supports the decarbonisation of the economy whilst also securing the permanence of sustainable fixed income.
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White papersA pandemic side-effect: Climate change, front and centre
Once the pandemic is past, the existential issues around climate change will still require action on an unprecedented scale.
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White papersWhat Happens When the Game Stops?
Valuations are stretched, but speculative option trading may not necessarily be a sign of widespread, unsustainable froth.
