We emerged with a cautious near-term view from our latest quarterly strategy meeting in early September. In our base case scenario, the global economy is expected to narrowly avoid recession and continue to grow, albeit much more slowly.
In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.
Adding credit exposure to defined contribution (DC) defaults via an unconstrained multi-asset credit fund has the potential to enhance risk-adjusted returns and improve outcomes for DC plan members.
EURUSD should be rangebound
Market sentiment towards the Chinese currency has shifted significantly
We believe the Brexit negotiations will conclude with a relatively “soft” Brexit.
Currency movements based onbrexit's outcome.