Columbia Threadneedle Investments' Chris Wagstaff considers how asset owners might best approach climate change risk management by adopting a number of non-mutually exclusive mitigating actions to address transition and physical risks.
This research paper, by Eaton Vance, picks up on the empirically documented relationship between economic policy and asset prices, and seeks to identify key determinants of economic policy change.
The global economy has rebounded from the lows reached in March and April but momentum has waned as rising cases of COVID-19 have forced some regions to once again restrict activity. Jim Cielinski, Global Head of Fixed Income at Janus Henderson Investors, discusses whether credit markets can remain immune to the economic fragility.
In terms of hard facts, most fiduciaries know very little about their UK defined contribution (DC) pension members. But data are critical to making the right choices for the default investment strategy. AllianceBernstein (AB) outline their proven process to achieve better member outcomes.
Letter to investors
From T.Rowe Price's 2020 Election Blog
Financial turbulence has rocked economies across the globe forcing investors to adapt new strategies for the uncertain times ahead.
We expect the global economy and financial markets to transition from intense near-term pain to gradual healing over the next six to 12 months. However, there is the risk if not the likelihood of an uneven recovery, with significant setbacks along the way and some permanent damage.
History teaches that epidemics tend to have short-term effects on economies and markets, but great uncertainty remains about the coronavirus.
QMA’s Global Multi-Asset Solutions Group shares their global economic and investment outlook for the fourth quarter of 2019.
The global sovereign debt market is one of the largest asset classes in the world, and yet it has typically lagged other asset classes when it comes to integrating climate change considerations. The reality is, sovereign debt investors are exposed to...
We have known for a long time that pension funds place a large domestic weight on their equity allocations, relative to what Modern Portfolio Theory—which encourages diversification of assets to lower investment risks—might suggest. But when we measured...
Henry Odogwu, Head of the asset owner group Europe at FTSE Russell discusses
The last 18 months have been an historical period of value factor underperformance. Risk-averse investors have turned stock prices upside down. Cheap stocks have been underperforming for the last 18 months, while expensive stocks are overperforming. The...
In an increasingly protectionist world, plagued by escalating trade tensions, the export-focused German economy is clearly suffering. We look ahead and explore the investment implications of a weaker German economy.
The first generation of ESG strategies excluded whole sectors from investors’ portfolios. Such approaches are still widely used, but investors may be underestimating their impact on portfolio diversification.