We cut the chances of recession to 25% after a thaw in the trade war and a year of rate cuts; our forecast is for sub trend growth. Favored sectors include emerging market local currency debt and higher rated short-duration securitized credit.
What investors should consider
The key political, macro and credit risks that insurers may want to address in 2019.
Is the gap closing between US equity returns and the rest of the world’s?
In lower cost, liquid vehicles, alternative risk premia strategies can strengthen a risk-return profile.
How do your peers embed ESG into portfolios?
Approaches to fixed income investing - flexible versus conventional?
What are the bright spots in fixed income?
A summary of the factors driving global markets over the last month.