We willen u graag uitnodigen voor een middag waarin specialisten van verschillende onderdelen binnen State Street u bijpraten over de macro-economie, positionering van beleggers en real-time inflatiedata. Daarnaast komen ook de trends in de ETF markt en het beheren van
Absolute Return Low Vol Fixed Income Longer-lasting low interest rates, challenging liquidity conditions and abundant political risks demand for adapted solutions within the defensive fixed-income space Demographic trends in Europe are constraining growth prospects and the outlook for significantly higher
In Credit Core government bonds yields fell for much of the week only to revert higher on Friday owing to generally better global trade data from China indicating a recovery in exports to eurozone industrial production (-0.2% m/m versus -0.5%
Welcome to the second annual Invesco Global Fixed Income Study, part of Invesco’s suite of thought leadership studies, including the Global Sovereign Asset Management Study and the Global Factor Investing Study. In 2019, we have nearly doubled the respondents to
Fixed Income Perspectives March 2019 marked ten years since the trough of the financial crisis. Many pundits relished the opportunity presented by this arbitrary anniversary to prognosticate the next great market calamity. Concerns about a slowing global economy and risk
Fixed Income After the tumult of Q4 2018, investors deserved an easy quarter, and they got it. The Q4 trends of falling rates and rising economic concerns continued. But risk assets, like stocks and nongovernment fixed income spread products, pulled
The low yield environment of the last couple of years has led to a search for yield which started in public markets but has extended to private markets as well. Many institutional investors have made allocations to a range of
Viewpoint April 2019 U.S. corporate bond markets have transformed in the past few years as the proportion of BBB rated credit has swollen. There’s little room for error, as we noted back in January 2018. Where do we stand now?
Systematic Fixed Income Outlook Bonds have returned to offsetting economic (and equity) risk in investor portfolios and the outlook for dampening inflation played the critical role fueling the change. The lack of inflation pressure enabled the Fed's dovish pivot, fueling
Fixed income markets are enjoying a good run with the Federal Reserve again, suggesting this week that rates are on hold for the foreseeable future. Brexit has been delayed and the economic data continues to look more like “goldilocks” than
We are cautious on U.S. Treasuries in the short term after the recent rally. Yet we still advocate exposure to build portfolio resilience. Scott explains. U.S. Treasury yields dropped sharply in March, breaking out of the tight range they had
Scenario probabilities (%) Source: J.P. Morgan Asset Management. Views are as of March 21, 2019. MARCH MADNESS Anyone in the U.S., or passing through this time of year, knows all too well about the collegiate basketball spectacle known as March
Executive Summary Thus far, 2019 has opened no differently to each of the last few years: a number of experts predict that this must be the year where the bear overpowers the bull and other macroeconomic and political factors create
Fixed Income Monthly Government bonds fell in February, defying disappointing economic data. Yields tracked modestly higher, although failed to keep pace with the recovery in equities and risk sentiment. Led by UK Gilts, most developed markets saw yields rise over
The broad-based risk rally that started after Christmas has not yet subsided, with this positive surprise for investors largely driven by the Federal Reserve signalling a slower pace of monetary tightening, and by positive signs on the trade talks between
Key Insights The inclusion of Chinese local currency bonds in the Bloomberg Barclays Global Aggregate Bond Index will include representation in the global fixed income market. Foreign ownership of Chinese bonds is likely to increase, which will support the renminbi
Welcome to the second annual Invesco Global Fixed Income Study, part of Invesco’s suite of thought leadership studies, including the Global Sovereign Asset Management Study and the Global Factor Investing Study. In 2019, we have nearly doubled the respondents to
Welcome Welcome to the second annual Invesco Global Fixed Income Study, part of Invesco’s suite of thought leadership studies, including the Global Sovereign Asset Management Study and the Global Factor Investing Study. In 2019, we have nearly doubled the respondents
Fixed Income | CEE Domestic demand should soften the slowdown in GDP growth Not all CEE countries have managed to build sufficient fiscal space Czech and Hungarian central banks to tighten monetary conditions this year
Credit returns: Going from strength to strength The positive tone in global markets has continued unabated and cross-asset returns reflect this, displaying a pecking order typical of a bull market. Equities are outperforming High Yield (HY) credit, HY is outperforming
Highlights Muni bonds posted a fourth consecutive month of strong returns in February. Reinvestment activity outpaced modest issuance, resulting in net negative supply. We expect demand to remain strong as tax payers feel the effects of tax reform.
BII Global weekly commentary It may be time to add exposure to inflation-protected U.S. government bonds (TIPS). Why? The Fed has confirmed its intent to be patient with its next rate move and may let inflation temporarily breach its 2%
Fixed Income Strategy Bonds are making a comeback. They have become a viable source of income, in our view, amid higher U.S. interest rates, a slowing but growing U.S. economy and a pause in the Federal Reserve’s tightening cycle. We
Voya Multi-Asset Perspectives Risk assets sold off markedly during December and the rates markets have fully repriced Federal Reserve rate hikes out of the market for all of 2019. The United States led the charge lower as many global equity
Fixed Income Strategy Bonds are making a comeback. They have become a viable source of income, in our view, amid higher U.S. interest rates, a slowing but growing U.S. economy and a pause in the Federal Reserve’s tightening cycle. We
