All White papers articles – Page 23
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White papersRate Expectations
Much has been written about the pace of likely interest rate cuts from the U.S. Federal Reserve. We continue to expect a total of 75 bps by year end, with a first cut of 25 bps at the next Federal Open Market Committee Meeting on September 17-18.
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White papersChina’s policy measures: a pivotal week?
China’s policymakers have announced a significant package of easing measures designed to lift China from a state of entrenched economic weakness. Comprehensive monetary policy easing, targeted at supporting the beleaguered real estate market and boosting Chinese equities, has now been rounded out by an impactful pledge to support fiscal spending and stabilize the troubled property sector.
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White papersBoeing bonds bound to bounce back?
Boeing is an iconic name. It enjoys high levels of political support in the government of its single largest customer, the United States. It produces the president-carrying Air Force One, makes the ubiquitous commercial airliners, influences space exploration, produces military equipment and maintains significant nuclear capabilities for the US. This relationship is a substantial pillar of support for the credit.
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White papersSemigods: winners in the US vs China tech race
Convention dictates that as geopolitical rivalries intensify, cross-border trading relationships break down, growth suffers and investment potential diminishes. But this is not always true. Strategic moves by the US and China to defend their national interests underpin a new order, reshaping where opportunity can be found.
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White papersFitter, happier, more productive with generative artificial intelligence?
Conventional wisdom says as we live longer, an ageing population will drain the economy. But generative artificial intelligence (gen AI) has the potential to support an active older workforce by improving healthcare outcomes and extending careers by augmenting, not replacing, hard-won expertise.
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White papersUnstoppable solar: powering the energy transition
Sustainable investment may be feeling the heat, but the energy transition is being spearheaded by the stunning growth of solar power. Ever-improving economics, high modularity and an indispensable role in the net-zero transition put this technology firmly on the horizon for long-term investment.
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White papersRethinking adversity to seize opportunity
Investors have access to plentiful information – and a gauntlet of conflicting views. Gaining clarity on pivotal forces shaping the world, from geopolitics to artificial intelligence (AI) and climate, can best be achieved by discerning data from noise. By rethinking adversity, opportunities emerge.
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White papersIdentifying opportunity and delivering student accommodation at scale in Europe’s most undersupplied markets
PBSA continues to offer an attractive yield premium compared to the private rental sector, despite offering enhanced growth.
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White papersThe mid-market opportunity: accessing the decarbonisation and digitalisation tailwinds
In June 2024, the United Nations released its latest report emphasising the critical need for increased investments in new infrastructure to meet global climate goals.1
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White papersShifting Institutional Property Portfolios: Evolution or Revolution?
The composition of institutional investors’ property portfolios has dramatically changed over the past few decades. This is a reflection of wider societal shifts, given that the property industry plays a key role in accommodating changes to how we live, work and play. In particular, long-term changes from shifting demographics to the adoption of new innovations all have a major influence on investors’ objectives—and in turn potential investment outcomes.
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White papersUnlocking the private debt opportunity: my perspective on opportunity and growth
Private debt is at an exciting stage in its development, with momentum building across various sectors as banks continue to scale back from traditional lending roles.
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White papersIPM monthly blog – Edition September 2024: Our monthly insights into private markets
The last two years have been testing for real estate investors. But there are now numerous signs of recovery taking place in selected market areas. Transaction volumes are flattening and, in the UK, where valuations tend to be adjusted relatively quickly to transaction market data, investment volumes are already rising anew. The marginal improvement indicates that we have passed the bottom of this cycle in terms of investment volume.
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White papersThe time for a convertible bond re-rating has come
As rate cuts hit, shifting monetary policy sets the stage for an asset class resurgence, unlocking value and performance potential.
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White papersComparing Evergreen and Traditional Fund Returns
As the landscape of private equity investing continues to evolve, evergreen funds have emerged as a compelling alternative to traditional funds.
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White papersThe Fed “Recalibrates” to Buy Some Insurance
Rate-cutting cycles have tended to favor risk assets, so it was gratifying to see the central bank get started with a meaningful move.
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White papersReturning to REITs
As inflation declines and interest rates are cut, the future may be brightening for one of the most beaten-down U.S. equity sectors.
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White papersWhat the Fed’s rate cut means for US high yield
The US high yield (HY) market reacted positively to the 50 basis points (‘bps’) rate cut delivered by the US Federal Reserve (Fed) in September.
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White papersSpectrum Q3 2024: Marvellous medicine
Second only to AI for its ability to generate investor hype, the biotech sector offers opportunity and risk in equal measure. Read our latest Spectrum report to learn why our portfolio managers believe the investment case for life sciences is more than skin-deep.
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White papersThe Stimulus Package
Portfolio Manager Andrew Mattock, CFA, assesses the key components of the growth measures announced by the central bank and financial regulators in terms of their potential impact on the economy and the Chinese equity market.
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White papersAttractive opportunities for diversification with private real estate credit
Historically, the best performing investment vintages have often followed periods of distress and volatility. Commercial real estate has experienced a significant downturn since the Federal Reserve (Fed) started raising interest rates in the spring of 2022. However, in our view, the stage is now set for real estate credit to generate attractive income returns with favorable risk tailwinds.
