Key Takeaways We believe it is important for investors to understand the differences between sponsored and non-sponsored direct lending approaches. There are advantages and disadvantages to both. As a lender, we think it’s wise to pursue both approaches. Both can
The impact of the coronavirus on the US economy still isn’t fully known yet, as the situation continues to evolve. However, Franklin Equity Group’s Grant Bowers sees at least three reasons to be optimistic about the long‑term recovery.
Beyond Bulls & Bears The US Federal Reserve continues to use whatever tools it can to help combat economic fallout from the coronavirus. Sonal Desai, Chief Investment Officer, Franklin Templeton Fixed Income, calls its latest response “a whole new level”
Allocation views Our view of global growth has been getting more optimistic over the last few months as signs of stabilization have appeared in many economies. Areas that were notably weak, such as manufacturing in Germany, have turned up somewhat
In this issue New year, new decade, we’re off to the races. None of the doom-and-gloom predictions materialized in 2019. Trade tensions did not spiral into out-of-control trade wars, new tariffs did not have a major macroeconomic impact, the US
Fears Over Virus Outbreak Curb Investor Optimism in January Our emerging markets equity team looks at news and events shaping emerging market performances in January, from coronavirus fears to trade to Middle East tensions. Three Things We’re Thinking About Today
Allocation views – Perspective from Franklin Templeton Multi Asset Solutions The new year started with a bout of volatility, driven by tensions in the Middle East. US forces assassinated General Qassem Soleimani, leader of Iran’s Revolutionary Guard Corps, which grabbed headlines and
Allocation views – Perspective from Franklin Templeton Multi Asset Solutions The new year started with a bout of volatility, driven by tensions in the Middle East. US forces assassinated General Qassem Soleimani, leader of Iran’s Revolutionary Guard Corps, which grabbed headlines and
We believe global stocks have greater performance potential than global bonds, supported by continued global growth. Within both bonds and equities, we continue to forecast stronger return potential for emerging markets, over a seven-year investment horizon. With short-term interest rates
While US‑China trade issues still haven’t been resolved, there are reasons to be optimistic about the prospects for emerging markets in the coming year, according to Manraj Sekhon, chief investment officer, Franklin Templeton Emerging Markets Equity. He shares his outlook
Major themes driving our views Slower global growth remains a concern Growth momentum is negative, but the consumer remains resilient. Trade disputes are only a symptom of broader, potentially longer-term, tension between the United States and China. With profit margins
Allocation views The global economy continues to face headwinds, and risks are mounting. Trade tensions are spreading from country to country, and increasingly, manufacturing weakness is starting to infect the much larger service sector. Recurring equity market declines appear likely
Franklin Templeton Thinks – fixed income markets In this Issue Fixed income investing has undergone a sea change in the past decade. By tossing out some active management orthodoxies and embracing new technologies and quantitative techniques, we believe some managers
Fixed Income Views Our expectation continues to be that the global economic outlook will prove more resilient than widely predicted by many market participants. While the trade and political environment is significantly more volatile than during past periods, the US economy continues to hold
The global economy continues to face headwinds, and risks are mounting. Trade tensions are spreading from country to country, and increasingly, manufacturing weakness is starting to infect the much larger service sector. Recurring equity market declines appear likely when untested
There have been significant changes in the UK pension landscape in recent years following government action to dramatically increase participation rates. The policy of automatically enrolling eligible employees into a pension scheme has tackled some of the structural changes required.
Contagion may be spreading through the global economy The global economy continues to face headwinds, and risks are mounting. Trade tensions are spreading from country to country, and increasingly, manufacturing weakness is starting to infect the much larger service sector.
This question appears to be on the lips of trade negotiators, central bankers, and investors world-wide. The more that people scratch their heads and wonder what happens next, the more likely it is that two things happen: the yield on
In this paper, we hope to answer two basic questions for investors: Why should investors care about climate change? How does Templeton approach climate-related risks and opportunities? Our main goal is first to demonstrate six climate considerations that have a
Beyond Bulls & Bears
Beyond Bulls & Bears The US Federal Reserve cut its benchmark short‑term interest rate for the first time in 11 years in what Chairman Jerome Powell called a “mid‑cycle adjustment” to sustain the US economic expansion. Powell appeared to struggle
Interest in impact investing is growing within the asset management industry, but there is still some confusion about it. We view impact investing’s defining feature as the explicit intention to generate positive, measurable social and environmental outcomes alongside a financial
Perspective from Franklin Templeton Multi-Asset Solutions Divergence extends, raising concerns When we wrote about our Allocation Views last month, we were concerned about expectations that showed a notable divergence between financial markets. Heightening these concerns was a further rally in
Midyear Outlook Equity markets continued to march higher in the first half of 2019, despite trade uncertainties and recessionary fears. An abrupt change to a more dovish stance among central bankers has recently provided fresh tinder to the equity fire.
What the new nasdaq-style exchange could mean for investors China will be launching a Nasdaq-style stock market for technology and research-driven companies to list and raise capital. We believe this upcoming science and technology innovation board is of strategic importance
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
Middle Market Direct Lending: Benefits of Pursuing Both Sponsored and Non-Sponsored Transactions -> https://opiniopro.com/2020/03/franklin-templeton/middle-market-direct-lending-benefits-of-pursuing-both-sponsored-and-non-sponsored-transac/ #Banks #Credit #lending via
@FTI_Global
Eye on the Market: Man vs Nature -> https://opiniopro.com/2020/03/jp-morgan/eye-on-the-market-man-vs-nature/ #centralbanks #Fed #fomc #government via
@jpmorgan
@JPMorganAM
Can the world economy “afford” this scale of fiscal and monetary stimulus? -> https://opiniopro.com/2020/03/opiniopro-selection/can-the-world-economy-afford-this-scale-of-fiscal-and-monetary-stimulus/ #CentralBanks #coronavirus #FED #fiscalpolicy #fomc #inflation #COVID19 via
@Opinio_Pro
