Our Market Insights programme is designed to empower investors to make better investment decisions.
The Guide to the Markets illustrates market and economic trends using compelling charts. The Weekly Brief provides summaries of recent market movements and economic developments; and On the Minds of Investors gives you our views on the questions that are top of mind.
Global Asset Allocation Views Q2 2020
The COVID-19 outbreak has pushed the global economy into recession and equities likely have further to fall. We are overweight cash and duration and modestly underweight equity and credit. We expect to stay nimble in our relative value positions.
Global Fixed Income Views Q2 2020
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.
Emerging Market Debt Strategy Q1 2020
We expect another positive year for emerging market debt in 2020, with base case expectations of about 8% returns for emerging market hard currency, and 11% for emerging market local currency. With currencies presenting a near pure beta play, we believe that hard currency debt may have a marginal performance edge on a risk-adjusted basis.
Factor Views Q1 2020
Factor performance was broadly negative in Q4, despite a rally across risk assets. Equity factors under performed and macro factors suffered from FX and commodity reversals. The opportunity set looks especially compelling for equity and event-driven factors.
Global Alternatives Outlook 2020
Our 12- to 18-month outlook for a wide range of alternative asset classes, drawing on the insights of more than 700 professionals around the globe to explore how alternative asset allocation can help build resilient portfolios, reduce risk and satisfy investor appetite for income and alpha.