BNY Mellon
BNY - Economic & Capital Markets Outlook
In this paper, BNY Mellon discusses overcrowded trades, market complacency despite risks below the surface, escalating geopolitical tensions and the threat of energy supply shocks. Furthermore, they point out the inflation and monetary policy expecta...
2014-09-30
2014-09-19
M&G Investments
M&G - Why rate hikes shouldn’t yield trouble for UK real estate
M&G Investments says that UK interest rates are expected to rise gradually over the next three years, in tandem with the economic recovery. In this paper, M&G Investments explains what consequences this will have for commercial real estate.
2014-09-19
Pictet Asset Management
Pictet - Dispatches from Russia: Lights at the end of the tunnel?
Unrest in Ukraine has plunged relations between Russia and the West to their worst since the end of the Cold War. How is Russia dealing with the effect of Western sanctions and how do ordinary Russians view President Vladimir Putin's moves? ...
2014-09-18
AXA Investment Managers
AXA - China: making sense of liquidity/credit volatility
Rising volatility in Chinese credit and lending data surprised. Aidan Yao, AXA Investment Partners, takes a deep dive to explain the drivers of recent credit gyrations.
His analysis suggests that a combination of seasonal, cyclical and structural...
2014-09-17
Skagen
Skagen - A small step for Mario – and no leap for Europeans
In this report Skagen analyzes the effect of the ECB policy decisions made in June and September. They conclude that while these decision did have some impact on the money market rates, the results are rather insignificant.
2014-09-17
Legg Mason
Legg Mason - Diversifying Fixed Income Ahead of Rising Rates
Rising rates are inevitable, notes Donald Plotsky of Western Asset – making it important to diversify fixed income -- including unconstrained bond strategies that have flexibility to respond to changing conditions. Example: how to respond to in...
2014-09-17
Pimco
Pimco - PIMCO Cyclical Outlook: Policy Dissonance and Geopolitical Risk Beget Economic Decoupling
Summary
- Our economic forecast for the next 12 months calls for a continuation of a low amplitude, long frequency U.S. business cycle recovery, with growth between 2.5% and 3.0%.
- The eurozone economy should grow by about 1% in the next...
2014-09-17
Schroders
Schroders - Views and Insights
Schroders says that in equities, the soft patch they expected when they downgraded equities in July arrived earlier than they had anticipated. Taking advantage of the pull back in prices, they upgraded equities overall by favouring the UK,...
2014-09-17
Robeco
Robeco - Credit analysis and ESG: a perfect fit
In this paper, Robeco discusses the fact that the ESG strengthens ability to assess downside credit risk and the leveraging dedicated engagement and sustainability team. Robeco also talks about 'a perfect fit with Robeco’s proprie...
2014-09-16
Lombard Odier
LOIM - Investors should prepare for lower long-term potential growth
In this paper Lombard Odier explains that over the past few years, global economies have gone through a major transition. Lombard Odier expects lower potential growth in the coming years due to deleveraging in the US or/and Europe, demography and pro...
