White papers - all assets – Page 92
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White papersInvestment symposium – Macroeconomic themes for 2023
At our annual Investment Symposium, investment teams from across BNP Paris Asset Management debated the macroeconomic themes with the potential to shape markets in 2023, airing diverse perspectives and exploring the implications for portfolios. We share their conclusions on the main topics for the year ahead.
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White papersEmerging-Market Equities: Can the Bounce Be Sustained?
It’s been a long, hard slog for emerging-market (EM) equities. Since peaking in late 2010, EM stocks have underperformed global developed equities amid a confluence of macroeconomic and market headwinds. Now, a regime change unfolding in global markets may actually help improve conditions for beleaguered developing-world stocks.
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White papersCLOs: A Case for Higher-Quality
CLOs continue to offer compelling opportunities for disciplined investors—especially as robust structures provide protection against some of the lingering macroeconomic headwinds.
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White papersOpening Bell 2023 – Global Market Outlook
The outlook is looking a lot better than it was, as US inflation turns down and energy prices fall
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White papersConvertible bonds: the weather forecast for 2023
Convertible bonds are an all-weather instrument. The optionality embedded in this asset class helped returns and provided a cushion during the challenges of the past two years.
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White papersFixed Income: Navigating emerging market debt in 2023
The Franklin Templeton Fixed Income team believe 2022 was an incredibly challenging year for emerging market debt and developing countries may face some significant challenges in 2023, but there are reasons for optimism.
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White papersGlobal Macro Shifts: Outlook on the fall of the US dollar…and the rise of Asian currencies
In this Global Macro Shifts, Templeton Global Macro believes the outlook for Asian currencies seems particularly positive, in terms of potentially benefiting from a US Dollar unwind.
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White papersEMs with stronger fundamentals should see inflows
Global ownership of EM bonds stands at its lowest point in close to a decade
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White papersFixed income outlook - Sticky inflation
The latest data suggests that the US economy is headed towards a period of below-trend growth, if not outright recession. The effect of monetary tightening on aggregate demand is becoming evident, while supply chain pressures appear to be easing
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White papers2023 has begun with an inflation-relief rally
In the latest instalment of Simply put, where we make macro calls with a multi-asset perspective, we examine the current equity rally and its relationship to the decline in inflation.
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White papersFixed Income Perspectives January 2023
Global growth is expected to weaken as central banks remain restrictive, though many economies have shown more resilience than previously expected Inflation should continue to lose steam in 2023, although it may remain uncomfortably high relative to central bank targets Higher yields and relative value opportunities offer better return ...
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White papersSustainability – What to look for in 2023?
Environmental, social and geopolitical crises made 2022 an eventful year, with much of the focus on energy (security) and extreme weather events. We also saw advances on climate-related spending, biodiversity and sustainable finance regulation. While the wider sustainability field will continue to hold investor attention in 2023, Alex Bernhardt takes a closer look at three areas.
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White papersMaking sense of different signals: Why high-yield bonds and equities look bearish in the short-term but bullish over the long-term
The Franklin Templeton Investment Solutions team explains why high-yield bonds and equities look bearish in the short-term but bullish over the long-term. In this article, they provide their rationale behind these opposing views.
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White papers2023 ESG outlook (ClearBridge Investments): Greater scrutiny on companies and sustainable investments
We can look forward to more efficient and transparent sustainable investing in 2023. Through active investment and engagement, ESG should maintain and grow its prominence in the business landscape.
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White papersFixed income investors are still too optimistic on inflation
Does the latest US data confirm the battle against inflation has already been won? Franklin Templeton Fixed Income CIO Sonal Desai says markets are overly optimistic.
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White papersBeyond ESG: Government incentives delivering green transition
Governments are deploying a ‘carrot and stick’ approach to manufacturers around the world in an effort to reduce carbon dioxide emissions. This has resulted in renewable electricity becoming more profitable than energy from fossil fuels.
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White papers2023 global ETF outlook: Playing defence and investing tactically
What’s ahead for exchange-traded funds (ETFs) globally in 2023? Jason Xavier, our Head of EMEA ETF Capital Markets, explains where he sees areas of growth and opportunity—including smart-beta ETFs, income-oriented strategies, and select emerging markets.
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White papersOutlook 2023: Blowing hot and cold
Our Annual Outlook provides our key views and investment implications for the coming year
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White papersKey Investment Themes for 2023
2022 saw geopolitics dominate attention, with events in Ukraine unsettling and resetting markets and the global economy. Meanwhile, investors also contended with eye-watering inflation, steep rate hikes and higher volatility across the board.
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White papersQuestioning Consensus: The Future Is Now
Global warming’s physical repercussions are disrupting global commodity and financial markets. Our research confirms active assessment is needed now, and Allspring is responding.
