White papers - all assets – Page 38
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White papersThe idiosyncratic advantage: Where unique insights drive unique returns
Identifying company-specific opportunities is key to generating returns that passive strategies can’t replicate. Principal focuses on deep, research-driven stock selection to uncover these unique advantages.
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White papersIntroducing the new QESG 3.0: The next generation
The Global Equity ESG Pathway team’s assessment of ESG – the QESG Score – is embedded directly within our stock selection model and is a crucial part of how we determine the expected return of investments. In this paper, we provide a rundown of what’s changed in the next iteration of QESG.
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White papersA history of quant
Quantitative investing (quant) encompasses a broad range of strategies that use data analysis, mathematical modelling and automated transactions to deliver investment returns. In our latest paper, we discuss how quant strategies have evolved over recent decades; explore how they have been enhanced by advances in technology; and dispel some of the myths that have grown up around them.
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White papersIt’s quant. But not as you know it
MDT’s approach uses rigorous, supervised processes powered by advanced algorithms and robust risk management. But repeatability, transparency and the human touch are the key factors.
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White papersDo quants dream of electric sheep?
With a hat tip to the sci-fi classic by Philip K Dick, we explain why a quant approach doesn’t have to be the computer-driven black box of popular imagination.
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White papersWhat Lies Ahead in the Next 100 Days?
Amid global trade tensions and new questions about how economies will interact going forward, the path ahead lacks clarity. For now, uncertainty may play a lead role in how global economies and markets perform-until the fog begins to clear.
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White papersHow to adapt and respond to choppy waters
The global outlook is overshadowed by uncertainty, which can make asset allocation tricky. However, a multi-asset approach to credit investment can provide a vital degree of stability amid the turmoil.
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White papersMaking Europe great again: A new era for value investing?
After years of underperformance, European equities are outperforming their US counterparts this year. We explore what’s making European markets great again – and discuss why we believe the emergence of a new positive story for Europe could offer opportunities for value investors.
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White papersFixed Income Outlook: Navigating cycles of uncertainty
After a turbulent start to the year marked by shifting central bank signals, renewed geopolitical tensions, and disruptive tariff announcements from the Trump administration, fixed income markets are entering the second half of 2025 with cautious resilience.
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White papers2025 Mid-Year Global Investment Outlook The Bell Can’t Be Unrung: Finding Opportunity in the Midst of Uncertainty
Uncertainty aside, global opportunities are taking shape for those who know where to look.
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White papersReimagining the single market: part one
With transatlantic trade hostilities to its west and the emergence of huge and dynamic economies to its east, Europe faces challenges largely undreamt of when the European single market was launched more than three decades ago. As the BRICS have risen and the US has powered ahead, Europe’s share of the global economy has declined. Today, its companies struggle to match the strength and scale of their American and Asian competitors.
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White papersThe Fed’s strategic pause: the calm before the cuts
In its June meeting, the U.S. Federal Reserve maintained current interest rates, pointing to ongoing tariff-related uncertainties. Nevertheless, the Fed indicated that two rate reductions remain probable before year-end.
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White papersFinding Europe's elusive alpha
Over the last 25 years, a wide gap has emerged between the US and European economic and stock market performance. Steve Magill looks at whether recent signs of a challenge to this hegemony are a mere blip, or an important inflection point.
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White papersWalls of worry: Europe’s stumble toward debt mutualization
The prospect of greater fiscal union in Europe is a highly contentious subject. In light of recent geopolitical events and the current zeitgeist, Jonathan Gregory considers the likelihood and the practicalities of what various forms of debt mutualization would entail and how they might come about.
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White papersStructural shifts in Europe’s credit ecosystem
With Europe standing at a critical juncture, Zachary Swabe and Jakob von Kalckreuth evaluate its evolving corporate funding markets, with particular consideration to the potential implementation of a capital markets union. They also consider current and future opportunities across high yield, syndicated loans and direct lending.
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White papersEurope’s regulatory balancing act
As economic pressures mount and global competition intensifies, calls for deregulation in Europe have been amplified. Massimiliano Castelli and Lucy Thomas argue that policymakers should focus on regulatory outcomes, and not expect deregulation to be a panacea.
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White papersJune FOMC meeting: Ignore the dot plot in this uncertain environment
The Fed held rates steady at 4.25 – 4.50% in June and Chair Powell emphasized that, amid elevated uncertainty, the dot plot projections shouldn’t be taken as commitments—signaling a cautious, data-dependent pause for now.
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White papersU.S. Policy Implicates Rebuilding Costs
Elevated tariffs and tighter immigration are a key focus for today’s insurance modelers.
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White papersWhat is a CLO?
CLOs provide an efficient, scalable way of investing in floating-rate loans while offering structural protection that has historically performed well through multiple credit cycles.
