This week the House of Commons demonstrated that a clear majority of Members of Parliament (MPs) are not willing to leave the EU without a deal. Our view has always been that we would at some point end with a relatively soft Brexit.
Start the week off right with this one-page snapshot of headlines and market performance.
Disruption and the core infrastructure investor
Dovish central banks have the potential to extend the cycle—and therefore the positive environment for credit. Despite the strong performance year to date, we see opportunities for selective investors.
Paper analyzes legal principles and industry practices and addresses misconceptions about re-enrollment.
LTCMA 2019 illustration managing illiquidity risk across public and private markets.
Global markets and multi-asset portfolios
China’s monetary and fiscal efforts to manoeuvre a soft landing and cope with pressure from increased trade tensions are beginning to pay off. What are the broader implications?
With strong global growth and a shift to tighter monetary policy continuing to make government duration look unattractive, is there value to be found in high yield, or even in emerging market debt?
An improved macroeconomic backdrop continues to support hard currency emerging market (EM) debt, which has outperformed local currency EM debt this year. However, is there now room for EM currencies to take off?