In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.
As the value factor is mired in one of its worst drawdowns in history, we analyze its underperformance and explain why we think it is cyclical, not structural.
Learn how J.P. Morgan partners with E&F clients to examine their requirements and meet their investment objectives.
Markets, economy, stocks, growth, global, fixed income, international, asset classes
We raised the probability of Recession to 55% after virus-induced shocks, oil prices’ collapse and violent market volatility. We are de-risking, adding very high quality duration, while expecting credit markets to cheapen and reserve currencies to do well
Learn more about J.P. Morgan’s views on fixed income, the economy and markets.
In this paper, we assess the potential risks associated with such a strategy by stressing capital requirements using spread-implied ratings.