De markt van obligatie-ETF's is nog altijd relatief jong: de eerste obligatie-ETF werd gelanceerd in 2002. Pas 10 jaar geleden bedroeg het vermogen onder beheer (Asset Under Management, AUM) in obligatie-ETF's 48 miljard USD, goed voor ongeveer 1,9% van de
Strategy Espresso On 1 May, investors in US equities were celebrating. The S&P 500 had more than recovered all of the losses from last year’s Q4 sell-off to reach a new all-time high of 2,954. The CBOE Volatility Index (“VIX”), widely accepted
Strategy Espresso “Full-Blown Trade War is Quickly Shifting from Risk to ‘Baseline’” read a Bloomberg headline on Thursday 23 May, as analysts and economists from multiple institutions began adjusting their assumptions regarding whether a trade deal between the US and
Strategy Espresso Regular readers of the Espresso will know that we have been positive on emerging market (EM) local currency debt for some time. Despite escalating trade tensions weighing on market sentiment, we believe this hurdle will be passed, and
Strategy Espresso At the end of May, MSCI Emerging Markets will conduct their semi-annual index review and rebalance. As per usual, this process will create a certain amount of turnover in the index as companies are added and removed based
Equity markets surged back in the first quarter of 2019, but it was only towards the end that we saw investor confidence start to recover. The first move by investors was to defend their core equity positioning and consider reducing
Strategy Espresso Markets have rallied but we haven’t seen investors go back into equities. Indeed, European-domiciled ETF flows show that fixed income was still the favoured asset class in April with $4.5 billion of inflows versus $820 million out of equity. Year to
Global economic growth is slowing. Emerging market (EM) central banks are also facing less inflationary pressure in 2019. Forecasters expect that, overall, EM central banks will cut rates or keep them unchanged (Figure 1). At the same time, the recent
Door de wereldwijde aanwezigheid van State Street Global Advisors kunnen onze portefeuillemanagers, handelaren en beleggingsstrategen sectorspecialisten zijn in hun geografische markt. Onze toegewijde Capital Markets teams hebben 24 uur per dag toegang tot wereldwijde obligatiemarkten met betere liquiditeit en kostenefficiënte*
Welcome to the third edition of the Bond Compass. This global, quarterly report leverages analysis from State Street Global Markets showing bond flows and holdings indicators from Q1 2019, taken from a data set that represents $10 trillion1 of assets.
Overview Equity markets surged back in the first quarter of 2019, but it was only towards the end that we saw investor confidence start to recover. The first move by investors was to defend their core equity positioning and consider
Strategy Espresso The European high yield market has continued to rally following a challenging end to 2018. In this week’s Espresso we highlight some key reasons for the recovery and why we foresee continued near-term support for the asset class. In
Investors Need Yield With both the US Federal Reserve and the ECB unlikely to raise interest rates in coming months, and the subsequent impact on government bond and money markets, investors are now desperately searching for their required income elsewhere.
Tech companies continue to innovate and disrupt. Exposure to secular growth trends makes the sector less reliant on economic growth. It can be hard to pick just one winner — investing in a basket of companies allows investors to diversify
Strategy Espresso Bloomberg has confirmed that it will add Chinese CNY-denominated bonds to the Global Aggregate, Global Treasury and Emerging Market Local Currency Government indices starting in April 2019. The announcement marks another milestone in opening up and attracting further investment
Strategy Espresso State Street Global Advisors forecasts that GDP growth in the eurozone will slow from 1.9% in 2018 to 1.6% through 2019.* Sure enough, economic data appears broadly positive and could continue to support earnings growth in equity markets. However,
Using Low Volatility Portfolios To Adjust Risk-Return Characteristics Equity investors can fundamentally change the risk-return profile of their overall portfolio by moving some of the core equity allocation into a Low Volatility portfolio. Historically, blending an S&P 500 portfolio with
Overview Sector inflows are back! Renewed investor confidence has seen net buying of equities and sector ETFs since mid-February. This has included Technology which proved a good sentiment indicator last year. Our three SPDR Sector Picks led the performance returns in February on
Despite recent headwinds related to country-specific economies and trade wars, emerging markets continue to be a source of alpha for investors. The success of emerging markets in the past has been based on themes. The major theme for growth going
Strategy Espresso Over the last decade, demand for infrastructure investments has increased dramatically. Following the Global Financial Crisis, investors have looked to better diversify their portfolios by increasing exposure to assets with low or negative correlation to broader equity markets. An allocation
A Practical Framework for Identifying the ESG Strategy That Is Right for You According to a survey of 475 institutional investors titled “Performing for the Future,” more than half of institutions that have adopted environmental, social and governance (ESG) investing
IQ insights At State Street Global Advisors (SSGA), we engage in environmental, social and governance investing (ESG) across a broad range of asset classes and investment styles. Approaches range from the screening of ESG themes to the full integration of
Strategy Espresso While global growth is expected to slow in 2019, we feel that US equities are still the place to be due to relatively strong earnings and fairly robust economic data. However, investors should be cognisant of the volatility associated
Strategy Espresso We have recently seen much more investor interest in emerging markets (EM), across currencies, fixed income and equities. The broad recovery in EM equities started towards the end of last year, and over the past three months they
Equity markets had a positive start to the year, as hopes for further global economic growth, albeit at a slower pace, replaced fears of an abrupt end to the cycle. Sector performance in January reflected this shift, with the higher beta and more cyclical
Currencies: Us Dollar Bar For Us Fx Intervention Remains High -> https://t.co/2ny01nTS55 #currency #China #tradewar via @PictetWM @PictetAM_NL
Long-term Equity Investments under Solvency II -> https://t.co/MDJWukfKfB #solvency2 #equity #europeancommission via @DWS_Group
2nd Quarter 2019 – Market Review and Outlook -> https://t.co/hrrxSjI1xr #outlook via @pgim
Blitzscale and Hope: Unicorns, IPOs and the Fear of Repeating the Late 1990s -> https://t.co/N6TXHvJWCS #unicorns #IPO via @epochinvest
Women in Private Equity July 2019 -> https://t.co/2M9Q2MOoyS #PrivateEquity
