This paper examines the U.S. commercial mortgage loan (CML) market and U.S. insurers’ investments in CMLs.
This piece explores key themes from our Guide to the Markets, providing timely economic and investment insight.
Updated quarterly, the Guide to the Markets provides a comprehensive array of market and economic histories, trends and statistics through clear, compelling charts and graphs.
Themes and implications from the most recent Global Fixed Income, Currency & Commodities Investment Quarterly
Improving credit fundamentals, light tax-exempt supply and robust demand have driven the strong performance of municipal bonds in 2019.
Investment grade credit has been a standout performer in 2019. Given the ongoing macro uncertainty and recent spread tightening, can the rally continue?
For investors peering into 2020, it is likely that U.S. monetary policy will remain on hold for the time being.
From a business standpoint, 2018 was a good year for our team, with solid investment performance and flows which surpassed our expectations.
Market participants remain focused on downside risks, leading pessimism, rather than optimism, to permeate the investment landscape