We enter the second quarter with a constructive view on emerging markets debt (EMD). In our view, the combination of a dovish Federal Reserve (Fed)*, Chinese stimulus and a stable servicing backdrop should lead to a stable returns profile
Currency movements based onbrexit's outcome.
We believe the Brexit negotiations will conclude with a relatively “soft” Brexit.
Market sentiment towards the Chinese currency has shifted significantly
EURUSD should be rangebound
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.
In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.
Themes and implications from the Global Equities Investors Quarterly
The potential political, macro and credit risks insurers may want to address in 2019.
Themes and implications from the most recent Global Fixed Income, Currency & Commodities Investment Quarterly