Asset Allocation and Alternatives – Top Five

By September 12, 2020 11:20

Asset Allocation and Alternatives – Top Five


Next week, a lot of webinars are coming up. For example, on Tuesday Jupiter AM hosts a webinar about “The Great Inflation Debate“, on Wednesday UBP hosts a webinar on “Small Caps Specialties” and on Thursday Krane Shares hosts a webinar called “China Macro Update“. Now, let’s see what was read best this past week.

PGIM‘s “Powell at Jackson Hole: Fed Doubles Up On 2% Inflation” is fifth in ranking:

The Federal Reserve today announced an important change in its framework for conducting monetary policy in order to achieve its “statutory mandate from the Congress of promoting maximum employment, stable prices, and moderate long-term interest rates.” One of the main changes implemented today is that the Fed will now be targeting an inflation rate of 2% on average over time, permitting – indeed, even encouraging – periods of overshooting 2% to make up for previous undershoots.

Fourth place is taken by a report called “Alternatives in 2020” by Preqin:

The alternatives industry has just set a new record: global assets under management (AUM) have surged to $10.31tn. We’re now well on our way to meeting Preqin’s 2018 forecast of $14tn in AUM by 20231 . How did we get here, and where are we headed?

Amundi‘s “Emerging Markets Charts & Views” is third in ranking:

Two major drivers are shaping the landscape for EM countries: Covid-19 and oil dynamics. We are mindful that current events will have very significant negative effects on the economic outlook for EM this year, leading many countries into recession.

Second spot is taken by Columbia Threadneedle Investments‘ Asset Allocation Update “Leaning selectively against the wind“:

Most asset market returns can be distilled down to two basic elements: movements in cash flows and discount rates. In the past month or so, for risky assets such as equities, each has moved in a broadly friendly direction. Expectations around earnings, which are the dominant source of cash flows for equity investors, bottomed for global stocks in mid-May, and as the earnings season progressed, so did analyst optimism on the path of future earnings.

First place is for BNY Mellon‘s “BNY Mellon Endowments and Foundations Performance and Asset Allocation Study (2020)“:

Universities, philanthropies, cultural institutions and other not-for-profit organizations are contending with significant financial hardship brought on by COVID-19. From shuttered classrooms and museums, to suspended fundraising activities and hospital procedures, many of these institutions may see a shortfall in revenue and will likely seek government emergency funding or tax relief. Many will implement painful cost-saving measures.

This was OpinioPro‘s Top Five Best Read of week #37! We post new research every working day. Do you want to receive our newsletter to stay up-to-date on the latest investment research? Please sign up here. And don’t forget to check out our Events Calendar!

By September 12, 2020 11:20