The European real-estate debt market has changed dramatically since the Global Financial Crisis, with bank lending activity – constrained by regulatory capital and oversight – creating a structural opportunity for non-bank lenders to exploit. As such, we believe European commercial
An EDHEC-Risk Institute Working Paper As climate change and global warming are addressed by tougher regulation by governments (especially in the form of carbon pricing mechanisms), new emerging technologies, and shifts in consumer behaviors, global investors are increasingly concerned with
It is now a reality that long-term bond yields are at or near zero in the US and virtually everywhere. There are so many implications of this that it takes some time to recognize and absorb them all and then
This paper presents a simple holistic approach to build climate risk-resilient investment portfolios based on the three key objectives of the Paris Agreement: climate change mitigation, climate change adaptation, alignment of financial flows with a low-carbon, climate resilient pathway. We
August 2020 Bitcoin Volatility Report • A surge in volatility in late-July trickled into August and subsequently drove annualized volatility up to an intramonth high of 60% on August 25, in addition to a +53% jump MoM in volume traded.
As investors, equities represent a crucial driver of long-term capital appreciation. However, equity markets can go through periods of high volatility and not always deliver the expected positive returns. For investors seeking this equity exposure but looking for a …
The Federal Reserve's recent Jackson Hole Symposium has renewed attention on inflation in light of the unprecedented global fiscal and monetary policy response to the COVID-19 pandemic If inflation exceeds capital market expectations, risk assets could underperform. As such, investors
Alternatives AUM exceeds $10tn milestone amid challenging market conditions 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
Family offices (FOs) around the world continue to be optimistic about investing in venture capital. This report examines how FOs are taking advantage of investment opportunities in venture. It explores …
Provide a macro overview of Family Offices and global trends within the industry Offer key learnings from selected best in class family offices
Gold Passes Two Important Sign-Posts The gold bull market passed two important sign-posts in July. The strength of the market is impressive as it blew through $1,800 and the all-time high of $1,921. These prices had been major technical resistance
“It’s an insurance policy in case inflation comes back again as it did in the 1970s. I would say that if that’s a sensible thing to do, then, certainly to have 1 to 2% of your assets in Bitcoin makes
COVID-19 maintains its grip on the global economy …
The Covid-19 crisis prompted huge monetary stimulus measures from the world’s central banks, and governments are still implementing major plans to help reignite economic growth. Gold prices rose further in …
Over the past year, diversification has faced two very different challenges. On the one hand, as stocks—and U.S. stocks in particular—continued to rally during 2019, we observed a growing undercurrent of …
Recovery paths and impact on performance The Investors have embraced gold in 2020 as a key portfolio hedging strategy. Looking ahead, expectations for a faster recovery (V-shaped) from COVID-19 are shifting towards slower recovery (U-shaped), or potential setbacks from additional
The European fund industry faced estimated net inflows in H1 2020. The overall fund flows for mutual funds in Europe amounted to estimated net inflows of €123.0 bn for H1 2020. • Money market funds (+€152.5 bn) were the best-selling
De omvang van publieke aandelenmarkten is in veel ontwikkelde economieën sinds de start van dit millennium gestagneerd of zelfs afgenomen. Zo is volgens gegevens van de Wereldbank (2020) het aantal beursgenoteerde bedrijven in de VS tussen 2000 en 2018 bijna
De coronacrisis stelt de financiële weerbaarheid van huishoudens op de proef. Hoewel de precieze reikwijdte, duur en diepte van deze lopende crisis op dit moment onduidelijk zijn, is het wel zeker dat veel huishoudens tijdens de zogeheten lockdown en de
Methodology –Asset Class Overview For each asset class we present an overview of some key data to provide better insights in the asset class. On the left we show information on the number of funds in the asset class, the
2020 Real Assets Outlook Coronavirus… The ongoing impact of Covid-19 on the global economy has dramatically altered our outlook on inflation, risk and asset class returns. Going into 2020, valuations for many risk assets were rich and expected returns were
LCP pensions de-risking report: Buy-ins, buy-outs and longevity swaps 2019 was a remarkable year with buy-in and buy-out volumes in the UK hitting a record £43.8bn. This followed on the heels of 2018 which itself was an exceptional year reaching
How the Bond Market Impacts Equity Factor Investing Markets have reached a 140-year low in U.S. interest rates. The collapse of rates since the Global Financial Crisis (GFC) has altered the nature of factor investing. Factor returns have been affected
Global Macro Outlook Behavioral changes slowing growth over the coming quarters Household sector – Increase in precautionary savings for households, similar to what we saw after the Great Depression in the 1930s – More space between seats at restaurants, cinemas,
Regulators in the UK and Europe have introduced a de-facto ban on bank dividends. The rationale for this is that banks provide a critical part of the monetary transmission mechanism. Regulators want to ensure that banks don’t compromise their ability
#Research on #Equities -> https://www.opiniopro.com/tag/outlook+equities/ @Opinio_Pro
"The relentless run in #riskassets over the last five months finally faded a bit in early September, as the S&P 500 fell nearly 8% and the tech-heavy #NASDAQ fell 11%. This year’s returns have been heavily influenced by the …" -> https://www.opiniopro.com/2020/09/northern-trust/an-interesting-fall/
"All eyes were on #centralbanks. As expected, the #Fed left its rates unchanged. It even said they would not move until inflation rose above 2% and stayed there for some time, a situation ..." -> https://www.opiniopro.com/2020/09/edmond-de-rothschild/central-banks-strive-to-maintain-visbility/
"Some regions of #Europe are returning to #lockdown – for instance some districts of Madrid badly hit by the second wave of the #pandemic. Yet, for now these lockdowns are ..." -> https://www.opiniopro.com/2020/09/axa/investing-to-pastures-greener/ #ecb
