Executive Summary. Prolonged period of delevraging could mean low interest rates; subdued growth.
This research examines the evolution of baby boomer balance sheets and attempts to assess and quantify its implications for markets and investors.
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.
Despite attractive valuations, emerging market equities have underperformed. Things are improving, but a headwind looms: monetary policy
What would a Conservative government mean for sterling?
Global markets and multi-asset portfolios
Reaching for yield, which we define as buying bonds with wider spreads after controlling for sector and rating impacts, is a topic that frequently arises in the life insurance industry.
For emerging market fixed income investors, an issuing country's high inflation can lead to higher yields, compared to developed markets.
A series of loosening signals from China’s central bank in recent weeks point to an incrementally more dovish policy stance, supporting market sentiment.
High-yield portfolios should now combine yield with dividend growth. Cash flow analysis helps determine if dividends are sustainable