All White papers articles – Page 9
-
White papersWhat does India’s benchmark inclusion mean for investors
Indian government bonds have been added to the global emerging market bond index, providing foreign investors access to India’s $1.3 trillion government bond market. The move could improve capital flows into the country, as well as stabilise yields.
-
White papersGenerating returns in uncertain regimes
As the last few years have aptly demonstrated, pandemics, wars and wildly fluctuating economic variables such as surging inflation and sweeping interest rate hikes have all contributed to heightened periods of uncertainty and volatility in financial markets, often at the expense of patient and unassuming long-term investors. Stuart Canning, Fund Manager in M&G’s Multi Asset Team, assesses the value of Dynamic Multi-Asset allocation in a world of shifting expectations.
-
White papersBiofuel Producers: Pockets of Opportunity in Brazil
While a wide swath of the biofuel segment presents a compelling opportunity for investors, we view corn-based ethanol producers in Brazil as particularly attractive.
-
White papersGlobal bonds: Unlocking investment opportunities in 2024
The Franklin Templeton Fixed Income team is seeing some compelling opportunities across global fixed income markets. Learn how expanding portfolio exposure to include different sovereign issuers and currencies can offer added return and diversification potential.
-
White papersHow equities and Treasuries performed in rate-cutting cycles
As we anticipate a potential US interest-rate cut in September, it’s important to consider the historical impact of rate cuts. When the Federal Reserve has cut rates during an economic expansion, history indicates both the equity and Treasury markets have the potential to perform well, says the Franklin Templeton Institute.
-
White papersSeizing value in emerging market debt
Despite recent challenges, emerging market economies remain robust and are delivering positive growth. India is leading the charge, benefiting from secular demographic trends like a growing working-age population as well as resilient domestic demand. As China’s share of global growth declines, India is stepping in to fill the gap. More broadly, EM growth projections have been revised upward by the IMF’s World Economic Outlook (WEO), benefiting from country-specific factors.
-
White papersUnderstanding how social and sustainability bonds can have real impact
For fixed-income investors seeking to put their money into assets that can bring benefits to less well-off people and communities, social bonds and sustainability bonds can offer effective solutions, write Malika Takhtayeva and Xuan Sheng Ou Yong, of BNP Paribas Asset Management
-
White papersThe love-hate relationship in private equity secondaries
Over the past two decades, the private equity secondaries market has transformed into one of the highest growth, and in our opinion most specialized, areas of alternative investments. From 2002 to 2023, global secondary market volume scaled from $2 billion to $114 billion in transaction value.
-
White papersAre bonds back for H2?
We see opportunities across the market but believe having clear geographic distinctions will prove a key performance driver.
-
White papersELTIF 2.0: Investing in private credit through open-ended funds
In this paper, we discuss the amended regulation on European Long-Term Investment Funds (ELTIF 2.0), the latest evolution of EU Alternative Investment Funds (AIFs). The first version of this fund structure was introduced in 2015 and aimed to finance the real economy by channelling non-bank capital to long-term infrastructure projects and SMEs.
-
White papersAllocation Views: It’s tricky
Recent market volatility does not change a mostly supportive economic environment, in the view of Franklin Templeton Investment Solutions team, although moderate return expectations might be appropriate. Read their latest views about global investment allocations.
-
White papersBond Voyage: A journey into fixed income
In this summer edition of Bond Voyage, we discuss topical themes in liquidity, emerging-market debt, investment-grade credit and global sovereign bonds.
-
White papersLiquidity optimisation for insurers: Building a bespoke portfolio solution
In the third part of our liquidity optimisation series, we look at how bespoke liquidity portfolios that take into account the interplay between different assets can suit the needs of insurers.
-
White papersModi’s Growth Agenda Flexes to Meet Needs of Allies
Portfolio manager Swagato Ghosh explains how India’s post-election budget may have placated concerns for now over the viability of Modi’s growth strategy under the new coalition government.
-
White papersMaking sense of market volatility
Global markets have been whipsawed by a series of sharp blows in the last few days, mainly centering around concerns about the health of the U.S. economy. Our view remains that the strength of household and corporate balance sheets implies recession is unlikely, but we acknowledge that risks are building. To help decipher and contextualize the current market reaction, Chief Global Strategist, Seema Shah, and Equities Chief Investment Officer, George Maris, provided some clarity into the current situation and their expectations for the remainder of 2024.
-
White papersDeep Waves: Longevity—the undertow to the demographic wave
Franklin Templeton Institute’s Kim Catechis suggests longer life expectancy around the world is a blessing but calls for preparation. This includes financial services firms that can develop longer client relationships by placing extra emphasis on building trust with aging investors.
-
White papersCorporate Hybrid Issuers Adopt a 30-Year Maturity Standard
A growing trend for issuing corporate hybrids with shorter contractual maturities is further reducing aspects of risk in the asset class. Recent corporate hybrid issuance, in both Europe and the U.S., suggests a trend for moving from long-dated or perpetual contractual maturity structures to shorter-dated 30-year maturities.
-
White papersInnovation, Conflict and a Mysterious Disappearance
This year’s recommendation for vacation reading is a fascinating page-turner about one of the early 20th century’s most influential inventors. With the calendar turning to August, it’s the time of year when many market participants will be seeking the opportunity to take a vacation, enjoy the Olympics and generally get a break from the relentless headlines.
-
White papersNo winners in the Thames Water travails
Whatever angle you look at things from the prospects for future investment in the UK water sector don’t look good, for anyone. The travails of Thames Water especially (but other water companies are not exempt) have wrought such damage to the sector’s reputation that water, once a byword for the essence of life, is now more commonly aligned in headlines with words including risk, sewage and pollution.
-
White papersPrivate credit: Everything old is new again
How do credit markets diversify and potentially smooth out returns in a portfolio? John Popp and Chris Kempton from UBS Credit Investments Group (CIG) discuss the latest market developments, opportunities, and more.
