Potential investment implications of IFRS 9 on bond and equity investment strategies like hedge accounting and derivatives.
Michael Cembalest discusses the aches and pains constraining growth around the world, the severity of these ailments, and the degree of contagion from emerging to developed economies.
Learn about the important topics covered in the Outlook and their potential impact on broader markets. Michael Cembalest touches on topics including: the global banking system, oil markets, the credit risk of US states and credit market liquidity.
Bond yields remain at or near historic lows around the world, leading to a substantial increase in the value of pension plan liabilities.
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.
How do your peers embed ESG into portfolios?
Approaches to fixed income investing - flexible versus conventional?
What are the bright spots in fixed income?