Perspective of GBP investor

Perspective of GBP investor

🕔10:33, 16.Jan 2023

2022 summary: the combination of rising risk-free yields and wider spreads resulted in the worst year in IG credit since at least 1970s. History suggests a better …

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Japan outlook: forging economic resilience amid global headwinds

Japan outlook: forging economic resilience amid global headwinds

🕔12:05, 13.Jan 2023

The full reopening of Japanese borders has been a boon to businesses as the country comes to terms with the hard reality of co-existing with COVID. But with the world grappling with slowing growth and pressing concerns like geopolitical …

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EMEA-Listed ETF Flash Flows

EMEA-Listed ETF Flash Flows

🕔10:59, 13.Jan 2023

Weekly as of 6 January 2022: ETFs posted strong net inflows of $3.3bn last week. Fixed Income captured $2.6bn while Equity took in smaller …

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The PIMCO Glide Path Construction Proces

The PIMCO Glide Path Construction Proces

🕔08:26, 13.Jan 2023

The savings and investment plan that one follows over the course of one’s working and retirement life is among the most critical decisions an individual can make. The balance between consumption and savings determines one’s overall quality of life, not

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Schroders Equity Lens – January 2023

Schroders Equity Lens – January 2023

🕔16:17, 12.Jan 2023

Last year saw a reversal of many of the past decade’s trends: – the US (-19%) was one of the worst performing markets, the UK was one of the best (+7% in GBP, -5% in USD) (slides 10-11) – growth

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Guide to the Markets – Q1 2023

Guide to the Markets – Q1 2023

🕔14:13, 12.Jan 2023 Read Full Article
Barometer: Na de storm

Barometer: Na de storm

🕔10:02, 12.Jan 2023

Aandelen en obligaties uit opkomende markten bieden de beste vooruitzichten voor beleggers na een zwaar jaar voor de financiële markten. Nieuw jaar, zelfde risico's? De wereldeconomie blijft voor uitdagingen staan – niet in het minst door de zwakke groei en

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ETF Global Outlook

ETF Global Outlook

🕔08:58, 12.Jan 2023

Axel Lomholt, Chief Product Officer, STOXX and DAX Indices, at Qontigo, believes that ETFs have maintained their popularity in 2022 despite the challenging market conditions. “As we have witnessed before, investors prioritise ‘safe products’ during uncertainty. We saw the same

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Navigating the new road ahead

Navigating the new road ahead

🕔16:08, 11.Jan 2023

2023 Global equity outlook The months of November and December are all about expectations management in most family homes in the UK, as (occasionally unrealistic) children’s expectations for Christmas presents come into conflict with the economic realities of family budgets.

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The End of the Affair

The End of the Affair

🕔14:13, 11.Jan 2023

The affair with the market catalysts of the last decade is over now, and a new era of investing begins. It was nice while it lasted. The tattered posters on the cover show the remnants of some equity market catalysts

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A Convex Exposure to China’s A-Share Market Opportunities

A Convex Exposure to China’s A-Share Market Opportunities

🕔12:13, 11.Jan 2023

Global investors still mostly favour onshore equities, i.e. the A-share market (the CSI 800 Index), to build exposure to the Chinese economy; however, the high volatility associated with these shares has historically been a drawback. If we look back at

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Global Strategy 1Q 2023

Global Strategy 1Q 2023

🕔16:40, 10.Jan 2023

High inflation and increased interest rates should lead to only weak GDP growth. Central banks have not yet completed the cycle of interest rate hikes and geopolitical uncertainty could lead to increased volatility in financial markets for some time. We

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The Aristotle List: 10 improbable but possible outcomes for 2023

The Aristotle List: 10 improbable but possible outcomes for 2023

🕔14:48, 10.Jan 2023

It is time to forget central scenarios and think about improbable but possible outcomes. Markets remain volatile, so our list of surprises errs to the positive (these hypothetical predictions are our views of what could happen even if they do

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War and Peace

War and Peace

🕔12:02, 10.Jan 2023

In 2019, James Sweeney, then chief economist at Credit Suisse, popped into my office and said “you know this pandemic and lockdowns… this is where your world [funding] and my world [global industrial production] intersect, because supply chains are payment

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Regifting 2022: Another 2023 Road Map

Regifting 2022: Another 2023 Road Map

🕔09:25, 10.Jan 2023

As bank strategists and economists fill your email in box with forecasts for the year ahead, how should you process it all? Let’s admit it, most of us are driven by our confirmation bias. We weight most heavily those outlook

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EMEA-Listed ETF Flash Flows – 2022 in Review

EMEA-Listed ETF Flash Flows – 2022 in Review

🕔15:16, 9.Jan 2023

• ETFs posted more than $88bn of net inflows in 2022. Despite a challenging backdrop with elevated inflation, monetary tightening and war in Ukraine, Equity ETFs …

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Looking Ahead to 2023

Looking Ahead to 2023

🕔12:48, 9.Jan 2023

End and Beginning of an Earnings Cycle In brief: Decelerating inflation should provide a tailwind for high quality bonds but will likely bring the earnings cycle to an end for most companies. Companies with uncompetitive products or services facing elevated

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Monthly Investment Outlook January 2023

Monthly Investment Outlook January 2023

🕔10:58, 9.Jan 2023

Stock and bond markets rallied into November on the back of speculation that the Fed might step back from its rapid pace of rate hikes and, more importantly, that it may reach its ‘terminal’ Fed Funds policy rate by early-2023.

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2023 Natixis Institutional Outlook Survey

2023 Natixis Institutional Outlook Survey

🕔08:13, 9.Jan 2023

After the Gold Rush Institutional investors forced to dig deep for opportunity as they brace for inflation or stagflation in post-pandemic markets. After seeming to recover from the pandemic in 2021, the global economy relapsed into what may be classified as a

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Cross asset investment strategy

Cross asset investment strategy

🕔20:29, 7.Jan 2023

Central & alternative scenarios (12 to 18 months horizon) Monthly update We maintain the probabilities of our scenarios unchanged. Some of the risk factors we identify may occur in our central scenario, which is probably not yet fully priced-in by

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Maximale intensiteit: portefeuilles met bedrijfsobligaties uit opkomende markten worden koolstofarm

Maximale intensiteit: portefeuilles met bedrijfsobligaties uit opkomende markten worden koolstofarm

🕔12:51, 6.Jan 2023

Opkomende markten gaan efficiënter om met hun koolstofgebruik. Dat zou beleggers moeten helpen om hun bedrijfsobligatieportefeuilles af te stemmen op duurzame doelstellingen. Hoe meer fossiele brandstof je verbrandt, hoe rijker je wordt. Sinds de industriële revolutie gaan hogere koolstofemissies en

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Uncommon truths 2022: a year in review

Uncommon truths 2022: a year in review

🕔10:27, 6.Jan 2023

Russia’s invasion of Ukraine dominated our thoughts in 2022 but inflation and central banks seemed more important to markets. We expect central banks to dominate again in 2023. A year ago, we were expecting less economic growth and a convergence

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Nieuwe SFDR regels: geen appeltje-eitje Aandachtspunten voor 2023

Nieuwe SFDR regels: geen appeltje-eitje Aandachtspunten voor 2023

🕔07:37, 6.Jan 2023

Op 10 maart 2021 is de Verordening betreffende informatieverschaffing over duurzaamheid in de financieledienstensector, ook wel bekend als SFDR1 , in werking getreden. Per 1 januari 2023 gelden specifiekere regels voor transparantie over duurzaam beleggen.  Vooruitlopend op deze specifiekere transparantieregels

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2023 Long-Term Capital Market Assumptions

2023 Long-Term Capital Market Assumptions

🕔16:37, 5.Jan 2023

Our 2023 return outlook stands in stark contrast to last year’s. Across markets, the unwind of dislocations, notably negative policy rates and large central bank balance sheets, has been abrupt. Few asset classes emerged unscathed. But our LTCMAs deliver a

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RLAM Outlook 2023

RLAM Outlook 2023

🕔13:22, 5.Jan 2023

Writing an outlook for the year ahead might be viewed as an exercise in damage limitation: don’t stick your neck out and go with the consensus. But Royal London Asset Management has never been a consensus asset manager. Last year, we

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Outlook for 2023: Keep It Simple

Outlook for 2023: Keep It Simple

🕔12:35, 5.Jan 2023

Despite all the uncertainty across today’s global capital markets, we are poised to enter 2023 with a more constructive tilt, especially on many parts of Credit. Our basic premise is that it will be easier to navigate inflation’s negative impact

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De geheimen van valuta-afdekking binnen vastrentende waarden

De geheimen van valuta-afdekking binnen vastrentende waarden

🕔10:22, 5.Jan 2023

Beleggen in het buitenland betekent ook beleggen in een vreemde munt. Dat kan het leven wat ingewikkelder maken, vooral voor obligatiebeleggers. De post-pandemische divergentie in het monetaire beleid van de centrale banken heeft geleid tot sterke schommelingen op de financiële

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Emerging Markets Lens: Equity

Emerging Markets Lens: Equity

🕔08:29, 5.Jan 2023

Year-to-date, EMEA markets have taken a hit, while several Asian EM, including China, lag the index. Conversely, commodity-producing Latin American and Middle Eastern markets have been the top performers. After the recent rally, and downward revisions to 2023 earnings expectations,

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Dollars Ex Machina

Dollars Ex Machina

🕔16:35, 4.Jan 2023

In late 2016, we were approached by a brilliant entrepreneur with an interesting investment opportunity. We mask the full details here to protect anonymity but believe us when we say this person has a knack for being incredibly early to

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Guide to Alternatives

Guide to Alternatives

🕔14:06, 4.Jan 2023

Guide to the markets

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2023 Long-Term Capital Market Assumptions

2023 Long-Term Capital Market Assumptions

🕔12:25, 4.Jan 2023

J.P. Morgan Asset Management’s Long-Term Capital Market Assumptions are developed each year by our Assumptions Committee, a multi-asset class team of senior investors and strategists from across the firm. The Committee relies on the input and expertise of a range of

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JPM AM Portfolio Insights

JPM AM Portfolio Insights

🕔10:19, 4.Jan 2023

What do our Long-Term Capital Market Assumptions mean for defined contribution plans? Our 2023 Long-Term Capital Market Assumptions, which forecast asset class returns over a 10- to 15-year horizon, suggest that public markets today offer the best potential long-term returns

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Defensive asset allocation extends into 2023, with a gradual increase in risk exposure later in the year

Defensive asset allocation extends into 2023, with a gradual increase in risk exposure later in the year

🕔08:04, 4.Jan 2023

Profit recession, tightening central banks (with divergences in forward guidance), and stillhigh inflation are primary market concerns. US inflation moderating has been a positive lately, but whether that deceleration will be sustained would decide the Fed’s stance, which in turn

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Centrale banken blijven stemming bepalen

Centrale banken blijven stemming bepalen

🕔16:37, 3.Jan 2023

We nemen winst op grondstoffen en energieaandelen De centrale banken drukken een zware stempel op het gemoed van beleggers. Met hun renteverhogingen, in reactie op de hoog opgelopen inflatie, hebben zij dit jaar de aandelen- en obligatiemarkten onder druk gezet.

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Capital Allocation Results, Analysis, and Assessment

Capital Allocation Results, Analysis, and Assessment

🕔14:20, 3.Jan 2023

The primary job of senior management is to create value over the long term. This entails taking inputs, including capital and labor, and making them worth more than their cost over time. Capital allocation, which describes how a company raises

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Looking toward a non-dollar asset recovery in 2023

Looking toward a non-dollar asset recovery in 2023

🕔12:21, 3.Jan 2023

Going into 2022, it seemed the global economy was finally set to recover from the pandemic after the uneven emergence from lockdowns that characterized 2021. Then another curve ball materialized, in the form of the Russia-Ukraine war that started in

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2023 Outlook

2023 Outlook

🕔10:39, 3.Jan 2023

2022 has been a difficult year for investors. Equity and bond markets have experienced double-digit declines amid stubbornly high inflation, slowing economic growth, and the war in Ukraine. Recessions in the United States and euro area look increasingly likely in

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Systematic Fixed Income Outlook

Systematic Fixed Income Outlook

🕔08:54, 3.Jan 2023

Peak inflation appears to have arrived. What’s next? The central bank narrative has shifted from a focus on the pace of tightening to the terminal rate required to bring inflation back down to the targeted level. Throughout 2022, expectations for

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Global tactical asset allocation views brief

Global tactical asset allocation views brief

🕔16:03, 2.Jan 2023

Lower than expected inflation numbers helped both equity and bond markets continue to trend higher in November. News from China supported this positive sentiment as the world's second largest economy finally showed signs of a shift away from their zero-COVID

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Outlook 2023 – Why testing times call for sustainable solutions

Outlook 2023 – Why testing times call for sustainable solutions

🕔14:13, 2.Jan 2023

The macroeconomic backdrop in 2023 will be a real test for companies, with the impetus for authentic solutions to sustainability challenges being greater than ever. Here, we share our perspective on key themes that will shape global markets in 2023

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Outlook –  Long-term perspective on markets and economies

Outlook – Long-term perspective on markets and economies

🕔12:08, 2.Jan 2023

There’s a new reality taking shape in global markets. Many commentators are focusing on the rotation from growth to value, but I think that view is too simplistic. Some investors may be hoping for a return to normal after central

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The Investment Outlook for 2023

The Investment Outlook for 2023

🕔10:53, 2.Jan 2023

The U.S. economy: Looking beyond the cycle 2022 turned out to be another very difficult year. Widespread vaccination and less lethal strains of COVID-19 led to lower fatality rates, allowing most pandemic-weary populations around the world to move back toward

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Monetary power and sovereign debt crises: The renewed case for a sovereign debt restructuring mechanism

Monetary power and sovereign debt crises: The renewed case for a sovereign debt restructuring mechanism

🕔09:19, 2.Jan 2023

The sovereign debt crises threatening states in the Global South are less about fiscal mismanagement and more about monetary power in the global currency hierarchy, and until that issue is addressed, these states will continue to be vulnerable to debt

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