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.
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.
In this article, we (1) discuss the key considerations for insurers when allocating to alternatives and (2) make the case for core alternatives strategies, which can provide stable income and low total return volatility.
Markets, economy, stocks, growth, global, fixed income, international, asset classes
Our view over the past few quarters has been that EURUSD should be rangebound, as the cyclical outperformance of the US economy is offset by the eurozone’s relatively better balance of payments position.
Learn how J.P. Morgan creates customized plans to help clients implement a liability driven investment (LDI) strategy.
Learn more about J.P. Morgan’s views on fixed income, the economy and markets.
David Kelly, the Fed, interest rates
Market sentiment towards the Chinese currency has shifted significantly