DC plans should consider adding multi-asset credit strategies to their default strategies
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.
Currency movements based onbrexit's outcome.
Market sentiment towards the Chinese currency has shifted significantly
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.
Karen Ward, Chief Market Strategist, provides a video update on Brexit negotiations and their possible implications.
We expect continued solid returns for emerging market debt (EMD) over the next six to 12 months, driven by healthy fundamentals, a supportive net issuance level and attractive valuations.
We believe the Brexit negotiations will conclude with a relatively “soft” Brexit.