Weekly commentary It’s important to keep a long-term perspective amid market volatility – such as the extraordinary moves of recent weeks. One enduring trend we see is a move to sustainable investing: a structural shift in investor preferences leading to
A long-term structural shift to sustainable investing is taking place. Jean explains its relevance to today’s investors. It’s easy to lose sight of long-term perspectives amid the extraordinary market moves in recent weeks. We prefer looking beyond short-term volatility and
Russ discusses the importance of keeping perspective as we face an unprecedented crisis. “The habit of despair is worse than despair itself” Albert Camus There is no precedent, at least not in modern times, for what is happening. Beyond the
Recent sharp market moves may have pushed many portfolios off their strategic allocations. We see room to rebalance toward benchmarks. Fiscal and monetary policy action to bridge the impact of the coronavirus is starting to take shape – and may
Financial markets, and the world, are in unprecedented times. Tony DeSpirito offers some perspective along with ideas for preparing for the eventual return to “normal”. Global spread of coronavirus brought a swift and sudden reversal of the positive momentum that
Mike explains why it may be prudent re-balancing your portfolio – outside the usual calendar – after the recent market turbulence. Fears of the coronavirus outbreak and its economic toll have triggered drastic market moves in recent weeks. As a
Markets moves have been reminiscent of the financial crisis. But we don’t think it’s 2008 as the economy and financial system are on much stronger footing. We still see the expansion as intact, but this requires policy makers to act
BlackRock’s CIO of Global Fixed Income and Head of the Global Allocation Team weighs in on recent Federal Reserve policy moves and what they might mean for markets. In a dramatic move on Sunday evening the FOMC took a series
A déjà vu of 2008 in markets lately? Mike explains why we think the coronavirus shock should not spark a 2008-style crisis. The coronavirus outbreak is set to deliver a sharp and deep economic shock – akin to that of
Russ discusses the reasons why gold can be an effective hedge going forward. The point of owning insurance is that it will pay when needed. For investors suffering through one of the most abrupt corrections on record, their insurance policies
Growth downshift – We see the coronavirus outbreaks and containment measures causing near-term disruption to global economic activity. This may push Japan and the euro area to the brink of a technical recession. The U.S. will likely prove more resilient.
Corrections are normal but that doesn’t mean they feel good. How to get comfortable with being uncomfortable. We get it. This is uncomfortable. The wild gyrations of the markets over the last few weeks has reminded some of the great
Central banks have started cutting rates to mitigate the virus shock – and governments are readying further actions. We see more to come. We recently downgraded our stance on risk to neutral due to material uncertainties associated with the outbreak
A decisive and coordinated policy action is key to combat the economic fallout from the coronavirus outbreak. Mike explains why. Fears about the coronavirus and its hit to the economy have rattled stocks and sent government bond yields to record
Weekly commentary The spread of the coronavirus beyond China has opened up a new global dimension to the epidemic – and potential for a sharper economic drag from efforts to contain it. We expect the economic expansion to remain intact,
Emerging markets give many investors cold feet. On our latest podcast, EM equity pro Gordon Fraser discusses whether now may be time to warm up to the elusive asset class. Emerging markets (EMs) are largely unfamiliar territory for U.S. investors
A framework for incorporating sustainable investing in portfolio construction Portfolio perspectives What's new in this paper
Mike shares how we are updating views on global growth and asset allocation as the coronavirus spreads across the world. The spread of the corona-virus beyond China has alarmed global financial markets, as it has opened up a new global
Weekly commentary The coronavirus outbreak has altered market dynamics since late January. One example: Quality has posted more muted gains after strong outperformance in late 2019. We stand by our tactical views on factors for now, including a modest overweight
The term “spring fever” describes the contradictory emotions people have as the new season approaches: listlessness alongside energy, ennui next to excitement. It could also define the current mood in the markets: relief at the easing of trade frictions, expectations
Term-maturity bond ETFs are a convenient, flexible way to target time-specific goals, especially when rates are uncertain. Interest rates continue to hover at super-low levels, adding to uncertainty for bond investors. Among the worries: A turnaround in rates could lower
Mike explains why we stand by our views on equity style factors despite the recent performance shakeup. The coronavirus outbreak has altered market dynamics since late January – including in the space of equity style factors. One example, Quality has
BII Global weekly commentary We still favor the quality factor for its resilience in late-cycle periods, despite its muted performance this year. We retain for now our moderate pro-risk stance over the next 6-12 months, with an eye on rising
Tools and insights for ESG investing in fixed income Sustainable investing is going mainstream. Evidence is building that a focus on sustainability-related factors — ranging from carbon efficiency to quality of governance — can help investors build more resilient portfolios.
A climate scenario analysis of U.S. insurers’ portfolios The implications of climate change are playing out across two broad channels—physical and transition related. Physical risks of climate change manifest in the form of rising sea levels, droughts, wildfires and storms,
USD: No sustained trend visible -> https://www.opiniopro.com/2020/04/erste-group/usd-no-sustained-trend-visible/ #currency #fx #interestrates via @ErsteGroup
Tackling The ‘Unknown Unknowns’: How Active Managers Manage Unforeseen Risks -> https://www.opiniopro.com/2020/04/columbia-threadneedle/tackling-the-unknown-unknowns-how-active-managers-manage-unforeseen-risks/ #active #passive #COVID19 #fundmanager #ETFs #behavioural via @CTinvest_EMEA @CTInvest_US
Policy Tries To Keep Pace With The Pandemic -> https://www.opiniopro.com/2020/04/northern-trust/policy-tries-to-keep-pace-with-the-pandemic/ #CoronaCrisis #COVID19 #EmergingMarkets #debt via @NorthernTrust @NTInvest
Which financial assets are well positioned and which ones are at risk as policy-makers brace for major COVID-19-induced demand shocks? Find out more in this piece.
‘Whatever it takes’: Fiscal Edition -> https://opiniopro.com/2020/03/ubp/whatever-it-takes-fiscal-edition/ #CentralBanks #china #coronavirus #credit #crisis #ECB #fiscalpolicy #fomc #COVID19 via
@UBP_Group
