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.
Eye on the Market: The Verdict
Like summers, economic expansions do not last forever. The US recovery is now the second longest on record. There is nothing to suggest it will end in the near future, so the broad prognosis for risk assets remains good. But we know that—like weather fore
The Bank of England (BoE) held its base rate of interest unchanged at 0.5% at its meeting today.
1Q18 earnings update: A tailwind from taxes
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.
DC plans should consider adding multi-asset credit strategies to their default strategies
This podcast series explores 4 of this year's compelling themes from our 2018 Long-Term Capital Market Assumptions.