Insights to build stronger portfolios
Timely commentary, strategic perspectives and in-depth analysis from our investment teams to help guide your portfolio decisions.
ASSET CLASS VIEWS FROM OUR SENIOR INVESTORS
Global Asset Allocation Views 4Q17
Asset allocation for a world of continued global growth - Amid a synchronized pick-up in global growth and loose financial conditions, we maintain a pro-risk tilt in our asset allocation. Rates are set to rise, but only slowly, so we maintain a small underweight to duration together with a modest overweight to stocks, diversified across regions. We remain neutral on credit.
Global Fixed Income Views 4Q17
Don’t fight the Feds. For the near term, aggregate central bank balance sheet expansion remains a tailwind. With real rates compressed and asset classes fully priced, we seek relative value: U.S. high yield, European bank capital & EM local currency debt.