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
Our Global Emerging Markets portfolio managers demonstrate why long-term investors are in a strong position to take advantage of compound earnings growth.
There are things the government can try and fix during a pandemic and other things which it can't.
In this week's note, we take a close look at country and regional virus data, and examine the pitfalls of over-extrapolating trends that often reverse.
Armageddonists and the portfolio cost of fear, 2010-2019
Themes from the quarterly Quantitative Beta Research Summit
A Coronavirus update: severity, consequences and implications for investors
There are some difficult days ahead as quarantines and lockdowns grow. I want to share something with you from John Stuart Mill as we head into the unknown.
A strategic framework for building a private credit portfolio