How to increase the odds of owning the few stocks that drive returns

How to increase the odds of owning the few stocks that drive returns

🕔17:02, 30.Dec 2022

Some investment strategists advocate concentrated, “best ideas” portfolios as the surest path to equity market outperformance. The premise is obvious: When a portfolio consists only of a manager’s best ideas, returns are undiluted by second-best or lesser ideas. But the

Read Full Article
The last time investment grade credit looked so good, Pluto was still a planet

The last time investment grade credit looked so good, Pluto was still a planet

🕔14:03, 30.Dec 2022

People my age and up will remember that for all of us (or since 1930, when Pluto was first discovered), the solar system consisted of nine planets. Then in 2006 a monumental event happened when the International Astronomical Union downgraded

Read Full Article
Asset Class Returns Forecasts Q3 2022

Asset Class Returns Forecasts Q3 2022

🕔12:26, 30.Dec 2022

A combination of sustained inflation and mounting recession fears, interlinked with the geopolitical situation, are the main drivers affecting the current and forward-looking macro environments. The bulk of the uncertainty is in the short to medium term. There is a

Read Full Article
Bedrijfsobligaties uit opkomende markten beginnen te schitteren

Bedrijfsobligaties uit opkomende markten beginnen te schitteren

🕔10:47, 30.Dec 2022

Obligaties uit opkomende markten bieden enkele van de aantrekkelijkste rendementen ten opzichte van risico sinds vele jaren, vooral in het licht van de sterke fundamentals van bedrijven en de economie. Professionele beleggers zeggen al lachend dat het VK een opkomende

Read Full Article
How demographic challenges are shaping the China investment story

How demographic challenges are shaping the China investment story

🕔08:44, 30.Dec 2022

China’s once-in-a-decade census revealed some interesting demographic issues. The country has 264 million people aged 60 and above, which equates to 18.7% of the population, considerably higher than 13% in 2010. The 12 million births …

Read Full Article
15th Annual Survey of Emerging Risks

15th Annual Survey of Emerging Risks

🕔14:46, 29.Dec 2022

Key Finding 1: Risk Managers Focus Concerns on Climate, Cyber, and Financial Volatility Risks A set of 23 risks is presented to the participants, shown with definitions in Appendix I, and they can add an additional risk except for the

Read Full Article
What happens when the dollar weakens?

What happens when the dollar weakens?

🕔14:31, 29.Dec 2022

We believe the US dollar is expensive and starting to run on empty. Looking ahead to when the dollar weakens, we expect it to provide a ceteris paribus boost to commodities, emerging market assets and …

Read Full Article
Mega trends: Zeven trends om in 2022 in de gaten te houden

Mega trends: Zeven trends om in 2022 in de gaten te houden

🕔10:15, 29.Dec 2022

De belangrijkste trends volgens Pictet Asset Management op het gebied van wetenschap, technologie en duurzaamheid voor de komende 12 maanden – en daarna. 1. Focus op voedselzekerheid De recente verstoringen van de toeleveringsketen – en de daaruit voortvloeiende lege schappen

Read Full Article
Building Asymmetry in Portfolios

Building Asymmetry in Portfolios

🕔08:22, 29.Dec 2022

Monthly Investment Outlook: Global activity slowed down in late December and should remain moderate in Q1-22. The Omicron impact was limited to a few services, but disruption remained in place in …

Read Full Article
Relative and Absolute Momentum in Times of Rising/Low Yields: Bold Asset Allocation (BAA)

Relative and Absolute Momentum in Times of Rising/Low Yields: Bold Asset Allocation (BAA)

🕔16:34, 28.Dec 2022

Abstract Our aim is to develop a very offensive (‘aggressive’) tactical asset allocation strategy, by combining some of our previous models like Protected- (PAA), Vigilant- (VAA) and Defensive (DAA) Asset Allocation. We will call this new strategy the ‘Bold Asset

Read Full Article
2022 Global Retirement Index

2022 Global Retirement Index

🕔14:46, 28.Dec 2022

Global retirement security challenges come home to roost in 2022. The warning signals are blaring and the gauges are flashing bright red in 2022 as key risk concerns for retirement security are coming to a head in today’s rapidly changing

Read Full Article
Portfolio Construction with Climate Risk Measures

Portfolio Construction with Climate Risk Measures

🕔12:51, 28.Dec 2022

Because of the 2015 Paris Agreement, the development of ESG investing and the emergence of net zero emission policies, climate risk is certainly the most important topic and challenge for asset owners and managers now and will remain so over

Read Full Article
The Big Picture 2023 Outlook

The Big Picture 2023 Outlook

🕔10:50, 28.Dec 2022

Given our view that 2023 will be a year of transition from a contraction regime to one of recovery, we reduce the defensiveness of our Model Asset Allocation, while keeping some powder dry for when recovery is confirmed. We are

Read Full Article
Geopolitical risk dashboard

Geopolitical risk dashboard

🕔08:08, 28.Dec 2022

The Russian invasion of Ukraine is the most serious security situation and humanitarian crisis in Europe since WWII, in our view. It’s also the most dangerous standoff between the U.S. and Russia since the Cuban Missile Crisis. Our BlackRock Geopolitical

Read Full Article
Seven megatrend themes to watch

Seven megatrend themes to watch

🕔16:45, 27.Dec 2022

Find out about the key themes across science, technology and sustainability which are helping shape our future over the coming year – and beyond. 1. Focus on food security The recent supply chain disruptions – and the resulting empty supermarket

Read Full Article
2022 Private Markets Outlook

2022 Private Markets Outlook

🕔14:26, 27.Dec 2022

We enter 2022 with a lot to consider. The paths of inflation and interest rates, the profound effects of megatrends such as digitization and decarbonization and numerous sub-themes all demand our immediate attention. As private market investors we view this

Read Full Article
History Lessons: How “Transitory” Is Inflation?

History Lessons: How “Transitory” Is Inflation?

🕔12:00, 27.Dec 2022

Bad news: History tells us that once the inflation genie is out of the bottle, it can take far longer to return to normal levels than most people realize. Indeed, when Federal Reserve Chair Paul Volker took office in 1979,

Read Full Article
Dividends: a strategy for all seasons

Dividends: a strategy for all seasons

🕔10:35, 27.Dec 2022

Growth strategies have long overshadowed dividend strategies. However, changing macroeconomic conditions have turned the tables and dividend investments are enjoying their time in the sun. While this coincides with value’s long-awaited comeback, value and dividend stocks have distinctive characteristics. We

Read Full Article
2022 Asset Allocation Report

2022 Asset Allocation Report

🕔16:34, 26.Dec 2022

Including: Long-Term Capital Market Assumptions Short-Term Tactical Outlook This report presents Cliffwater recommendations for asset class return and risk (standard deviation) assumptions, intended for asset allocation studies that set long-term portfolio asset class targets. While these forward-looking or “expected” asset

Read Full Article
Semiconductors: The Road Ahead

Semiconductors: The Road Ahead

🕔12:06, 26.Dec 2022

In mid-September we moved our fundamental outlook for the semiconductor industry to declining, based on the expectation of slowing demand and the fact that inventory levels were well above historical averages across multiple end markets and channel distributors. Only a

Read Full Article
Bretton Woods III

Bretton Woods III

🕔10:23, 26.Dec 2022

We are witnessing the birth of Bretton Woods III – a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West.

Read Full Article
Crisis & Events S&P 500 Index

Crisis & Events S&P 500 Index

🕔08:40, 26.Dec 2022

This chart shows the growth of $10,000 based on S&P 500 Index performance over the last several years. Although past performance is no guarantee of future results, we believe looking at the market’s overall resiliency through several major crises and

Read Full Article
Global Energy – a force in transition

Global Energy – a force in transition

🕔14:28, 23.Dec 2022

The global energy landscape has started to transition away from fossil and CO2 heavy fuels to more renewable sources. This trend has been well underway for several years. As of 2019, fossil fuels, as the predominant source of energy, collectively

Read Full Article
De gezondheidscrisis heeft de investeringsmogelijkheden in security vertienvoudigd

De gezondheidscrisis heeft de investeringsmogelijkheden in security vertienvoudigd

🕔12:45, 23.Dec 2022

Ondernemingen die beveiligingsproblemen aanpakken, bieden aantrekkelijke lange-termijnopportuniteiten voor beleggers. Daarvan is Anjali Bastianpillai, Senior Product Specialist van de Securitystrategie bij Pictet Asset Management, stellig overtuigd: ‘Je veilig voelen is een menselijke basisbehoefte. Of het nu gaat om bescherming tegen cyberaanvallen,

Read Full Article
The meaning of positive nutrition

The meaning of positive nutrition

🕔10:08, 23.Dec 2022

In this report, we explore the meaning of positive nutrition, how achievable global nutritional goals are and, ultimately, how we invest in nutrition that is positive for people and planet. When we examine the nutrition theme, it is evident that

Read Full Article
Why research is so critical when it comes to investing in China

Why research is so critical when it comes to investing in China

🕔08:15, 23.Dec 2022

Key takeaways  Chinese equities have had a volatile 2022 so far as the country has had to navigate COVID-19 restrictions, property debt concerns and supply chain constraints among many other headwinds China is becoming an increasingly selective market that requires

Read Full Article
Pensioenakkoord uitgelegd

Pensioenakkoord uitgelegd

🕔12:19, 22.Dec 2022

Afgelopen woensdag 30 november is het langverwachte rapport van de commissie parameters gepubliceerd. Uit dit rapport komt een aantal wijzigingen naar voren die relevant zijn voor fondsen in het huidige stelsel, maar (vooral) ook naar aanloop naar het nieuwe stelsel.

Read Full Article
Quick take: Five insights on Fed policy after the latest rate hike

Quick take: Five insights on Fed policy after the latest rate hike

🕔10:23, 22.Dec 2022

Capital Group portfolio managers consider the latest interest rate rise from the US Federal Reserve and what we can surmise from the slower pace of hiking.  The US Federal Reserve has slowed the pace of its interest rate hikes but

Read Full Article
High Yield 2023 Outlook: Opportunities amid Uncertainty

High Yield 2023 Outlook: Opportunities amid Uncertainty

🕔08:01, 22.Dec 2022

Challenging economic conditions are setting the stage for an interesting year ahead in the high yield market. As the economy slows and the cycle matures, we believe caution is warranted. However, we expect dislocations to expose intriguing buying opportunities and

Read Full Article
Trends in global currency markets and the outlook for 2023

Trends in global currency markets and the outlook for 2023

🕔14:38, 21.Dec 2022

Without doubt, 2022 has been a tumultuous year. Markets have wrestled with increased geopolitical risks and a surge in inflation, leading to almost all central banks hiking at the fastest pace in decades. As we look into 2023, the drivers

Read Full Article
EMEA-Listed ETF Flash Flows

EMEA-Listed ETF Flash Flows

🕔12:29, 21.Dec 2022

• ETFs posted net inflows of $597mn last week. Fixed Income captured $691mn while Equity took in smaller net inflows of …

Read Full Article
2023 US Macro Outlook

2023 US Macro Outlook

🕔10:53, 21.Dec 2022

Following significant monetary tightening in 2022, we expect the cumulative effect of a higher cost of capital to work its way through the economy in 2023, slowing both inflation and growth. Therefore, the overarching theme of 2023 is that restrictive

Read Full Article
Peaks and valleys

Peaks and valleys

🕔14:08, 20.Dec 2022

Entering the fourth quarter of 2022, our outlook acknowledged a hard truth for investors nursing wounds from the steep market downturn: We’re not out of the woods yet. That theme still holds, but the contours of the investment landscape have

Read Full Article
Opportunity in a volatile world

Opportunity in a volatile world

🕔12:52, 20.Dec 2022

In last year’s outlook (Outlook 2022: Pivoting to a new era) we discussed the idea that the world was entering a new macroeconomic regime after three decades in which globalisation and the technology revolution drove rapid growth in the supply

Read Full Article
Investing in an Age of Transformation

Investing in an Age of Transformation

🕔10:20, 20.Dec 2022

Investment Outlook for 2023: We have become accustomed to uncertain times. Nonetheless, 2022 was an extremely challenging year in financial markets. The investment rationale for the classic 60% stocks / 40% bonds portfolio is that it will deliver solid if

Read Full Article
A fundamental reset

A fundamental reset

🕔08:17, 20.Dec 2022

Investment Outlook 2023: If 2022 confronted investors with stiff headwinds, 2023 is likely to be challenging as well. After all, financial conditions are all but certain to remain tight and the fundamental reset of macroeconomics and geopolitics is continuing. Investors

Read Full Article
Five things to know about the future of semiconductors

Five things to know about the future of semiconductors

🕔08:03, 20.Dec 2022

How fast things can change: there was a major shortage of semiconductors at the start of the pandemic, and now the industry is grappling with too much inventory in parts of the supply chain. This has led to a sell-off

Read Full Article
Infrastructure Outlook

Infrastructure Outlook

🕔15:40, 19.Dec 2022

Paving the way for 2023 (and beyond): The infrastructure sector remains resilient despite the market turmoil in 2022. Secular trends such as digitalization and decarbonization will continue to drive the need for new investments. However, macro conditions have worsened significantly.

Read Full Article
Decoding what it means to be truly decentralized.

Decoding what it means to be truly decentralized.

🕔14:32, 19.Dec 2022

Market drawdowns are often accompanied by feelings of doubt, uncertainty, and ambiguity of forward expectations. While no one has a crystal ball, we can use the information available to us to make our best estimations and probabilistic assumptions of what

Read Full Article
Institutionele beleggers zien recessie als onvermijdelijk

Institutionele beleggers zien recessie als onvermijdelijk

🕔11:51, 19.Dec 2022

Institutionele beleggers* over de hele wereld gaan richting 2023 met een sombere kijk op de economie en gemengde vooruitzichten voor de markten. Ze verwachten volgend jaar nog hogere rente, inflatie en volatiliteit, zo blijkt uit onderzoek van Natixis Investment Managers

Read Full Article
The fall of FTX

The fall of FTX

🕔10:21, 19.Dec 2022

In our view, FTX’s insolvency is one of the most damaging events—worse than the 2014 Mt. Gox hack—in crypto history. Caused by one of the revered leaders of the industry, this collapse could delay institutional crypto adoption by years and

Read Full Article
The case for European senior secured leveraged loans

The case for European senior secured leveraged loans

🕔08:26, 19.Dec 2022

European senior secured leveraged loans are a growing and integral part of the leveraged finance universe. They offer a 10% yield, have positive exposure to rising interest rates (unlike most fixed income), offer credit protections to manage downside risk, and

Read Full Article
Backtest flexibele premieregeling

Backtest flexibele premieregeling

🕔16:56, 16.Dec 2022

Pensioenakkoord uitgelegd: Veel pensioenfondsen staan aan de vooravond van een wijziging van de pensioenregeling. Momenteel wordt er volop gerekend hoe de nieuwe pensioenregelingen – de solidaire en flexibele premieregeling- in ALMstudies uitpakken. Het is echter ook informatief om te kijken

Read Full Article
The end of an era

The end of an era

🕔12:55, 16.Dec 2022

Monthly Investment Outlook: With the September swoon in risk assets, markets have simply moved to unprice the optimism built up over the summer about the prospects of a pause in Fed tightening …  

Read Full Article
Biodiversity – Why investors should care

Biodiversity – Why investors should care

🕔10:20, 16.Dec 2022

The past 30 years have seen a bigger improvement in human prosperity than all of the past centuries combined. We have built more roads, buildings and machines than ever before. More people are living longer and healthier lives and access

Read Full Article
Clean hydrogen: Opportunities beyond the hype

Clean hydrogen: Opportunities beyond the hype

🕔08:36, 16.Dec 2022

Hydrogen can be used as a carrier of energy, and as an input into chemical and industrial processes. Clean hydrogen is, therefore, a crucial decarbonisation tool for a range of industrial activities including steel, aluminium, iron and chemical production. We

Read Full Article
Multi Asset Monthly Global Strategy

Multi Asset Monthly Global Strategy

🕔14:15, 15.Dec 2022

Central banks have become more balanced in their communication, and the Fed is likely to moderate the pace of its rate hikes as from December. However, we are not close to a pivot as inflation remains too high. Central banks

Read Full Article
VC Valuations Report

VC Valuations Report

🕔12:13, 15.Dec 2022

Both the median and average late-stage VC valuations have taken a significant hit in 2022, a quick fall after the rapid rise seen in 2021. Public market multiples have compressed, causing the extended valuations garnered in 2021 to be exposed

Read Full Article
Sovereign Sustainability Report 2022

Sovereign Sustainability Report 2022

🕔10:12, 15.Dec 2022

Our sustainable strategies have often been in a minority with their clear stance against investing in the sovereign debt of autocracies. Having rationalised the annexation of Crimea, many academics, politicians, and investors believed that as long as business is flowing,

Read Full Article
Green Bonds

Green Bonds

🕔08:00, 15.Dec 2022

Green bonds zijn vooral bekend als instrument om te beleggen in oplossingen om klimaatverandering te beperken. Nu de financiële sector naast klimaat ook verlies van biodiversiteit als urgent materieel risico erkent, is het goed om te zien dat green bonds

Read Full Article

SEARCH