It is time to adopt a more diversified and thoughtful approach that recognizes the importance of valuations and relies less on that most naïve of all assumptions - the prospect of wisdom from Washington.
While U.S. equities still look less expensive than Treasuries and cash, they are not as attractive as they once were. Investors looking for stronger long-term returns may find a better opportunity in European
This bulletin recaps the second quarter earnings season and discusses the outlook for earnings for the rest of 2016.
Given current and projected productivity and labor supply dynamics, productivity is unlikely to provide a significant lift to future growth.
This bulletin discusses the implications of negative interest rate policy
The contribution of fiscal policy to global growth is poised to rise, what does this mean for our global economic outlook and portfolio positioning?
European high yield spreads are still above their long-term tights, but that doesn’t take quality into account. Are fundamentals robust enough to justify taking more risks?
Explores how institutional investors should reconfigure portfolio allocations/strategies in a world of low returns.
Environmental, Social and Governance (ESG) in Emerging Markets
Emerging market debt is underpinned by a solid fundamental backdrop, but the local index is at all-time tights. A differentiated approach seems warranted.