All White papers articles – Page 329
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White papersMulti-sector fixed income – The outlook for US and eurozone debt in 2021
Yields of sovereign developed market debt have fallen to record lows in 2020. Daniel Morris, chief market strategist, and Olivier De Larouzière (OL), head of multi-strategy fixed income, discuss the outlook for bonds in 2021.
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White papersCan coronavirus vaccines be distributed equitably?
As effective Covid-19 vaccines are rolled out, equitable global access is emerging as a concern. In the seventh article in our pandemic series, Sarah Swartz looks at Covid-19 vaccine distribution and how we engage with companies on this issue.
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White papersEmerging Markets Corporates: High Yield Default Outlook 2021
After a moderate spike in defaults, we anticipate an improving financial environment for the next year.
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White papersReal Estate Outlook – Europe, Edition 4 - 2020
Subdued fundamentals persist as the second wave breaks around Europe.
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White papersIndustrial: Ugly Duckling, or Swan?
While we can argue that very few industrial buildings would be considered to have the beauty and stature of a swan, we discuss why we believe that the industrial sector has found a permanent and ever-more welcomed home in real estate investment portfolios.
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White papersResponsible Investing Expands Further With Green Convertible Bonds
While investors have been aware of the merits of investing responsibly for a long time, the Covid-19 crisis is likely to increase the focus on ESG principles, which should play a critical role in the emergence from the crisis. In this context, green bond financing has recently spilled over to convertible bonds, with 2020 seeing a record level of new issuance for the asset class.
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White papersA Secret Plan for America’s New China Policy
It’s based on the reviled and maligned Trans-Pacific Partnership, so don’t tell anyone.
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White papersUS healthcare in a post-pandemic world
The COVID-19 pandemic has revealed systemic weaknesses and technological strengths and could speed the kind of progress and change needed for better quality, more accessible and more affordable care. Already, in both the healthcare and IT sectors, leaders and first movers have emerged providing solutions for the medical and social issues the crisis has brought to the fore.
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White papersECB enters era of informal yield curve and spread control
The ECB is expanding its pro-growth and pro-inflation asset purchases and allowing the buying programme to run for longer. The objective is to safeguard favourable financial conditions as the eurozone grapples with the economic fallout of the COVID crisis. In effect, the ECB is encouraging investors to search for yield, particularly in those markets for risk assets where the ECB is active.
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White papersThe US election and Covid-19 vaccines: implications for the economy and markets
Joe Biden has been elected 46th president of the United States, and it is likely that he will preside over a divided Congress, with the Republicans maintaining their Senate majority. US voters, like the markets, appear to prefer a balance of power. While President Trump has contested the election results in numerous states, President-elect Biden is likely to be confirmed.
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White papersSchiphol Trade Park Fully Let Asset
Barings has let a 5,000 sq m Grade A logistics unit at Abc Square, the first logistics building to be developed at Schiphol Trade Park in Hoofddorp, the Netherlands. The letting, which takes the newly built asset to 100% occupancy, has been completed on behalf of a core investment strategy.
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White papersGlobal Insights – Outlook for 2021
Primed by continued global monetary stimulus and exuberant global fiscal spending, and further boosted by the fading of the tail risks that had plagued markets through 2020, capital markets are facing one of their best backdrops in years. 2021 could turn out to be the year that the overdue cyclical rotation, 10 years in the making, finally materializes and, importantly, takes hold. Make no mistake, there is still a high level of uncertainty going into 2021.
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White papersCOVID, climate and Black Lives Matter: The stories that defined 2020
We select some of our key pieces of content in a year of unending drama.
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White papersCalifornia Wildfires and Credit Risk
Widespread destruction has reinforced the value of climate assessment in credit analysis.
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White papersOptimizing pension plan outcomes using public and private real assets
Allocating to real assets is rarely straightforward, and investing in them is often considered a trade-off between performance and liquidity. Our latest paper offers a framework to help investors with those concerns and the key considerations when selecting public versus private investments.
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White papersWill Washington Deliver a Holiday Miracle?
U.S. initial claims increased amid rising COVID cases, adding more fuel to the stimulus negotiations fire growing in Congress. China activity data for November should improve, and the Bank of England is expected to remain dovish given the pandemic and Brexit.
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White papersGlobal IG: Don’t Underestimate Changed Behaviours
We came into 2020 on the back of one of the longest expansion phases ever, with increasingly loose monetary policy extending the growth cycle. Because of that growth and low interest rates, companies had been gearing up and corporate leverage was actually relatively high going into the pandemic.
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White papersDebt deliveries: US consumers bat on in fading light
The US consumer has long been in the top order of the global economy but, as Fiorino discovers, the days of debt-fuelled hit-outs on tame pitches could soon be over.
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White papersPortfolio allocation in times of uncertainty
The temptation to react to every headline, every market move is often irresistible. Never more so than in an environment that screams uncertainty. But experience shows that successful investors have learned to stick to their strategies, regardless of bright, shiny objects that threaten to distract.
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White papersFixed Income: Security Selection A Key Driver Of Outperformance
The US Federal Reserve’s aggressive response to the coronavirus pandemic has driven yields on safe-haven debt to near zero, leaving “low-risk” portfolios increasingly susceptible to interest rate-driven price volatility.
