February 20, 2020 Tech Stocks Should Be Prominent in ESG Portfolios by Dan Roarty The Wall Street Journal criticized ESG portfolios earlier this month for being dominated by big technology stocks. But we think technology stocks are integral to a responsible investing agenda when chosen as part of a well-defined process targeting companies that foster environmental, social and governance (ESG) improvements. Equities, Responsible Investing/ESG Likes 0 SHARE Bookmarks
February 18, 2020 A New Wave of Emerging Market Opportunities by Sammy Suzuki Emerging markets are no longer just the factories to the world, they’re rapidly becoming knowledge-based economies. And they’re not just catching up to their developed counterparts: in some key industries and sectors, emerging markets are leapfrogging past developed economies. Emerging Markets Likes 0 SHARE Bookmarks
February 17, 2020 Revisiting China’s Equity Markets as Coronavirus Spreads by John Lin, Stuart Rae Growing fears about the coronavirus have hit Chinese stocks. While markets will remain unstable until China gets the outbreak under control, equity investors should revisit lessons from previous epidemics and consider the potential longer-term effects of the current crisis. China, Emerging Markets, Equities, Volatility Likes 1 SHARE Bookmarks
February 12, 2020 Are High-Yield Returns Predictable? Key Metric Suggests Yes One way for high-yield investors to gauge how their bonds may fare down the road has been with this simple, accessible and historically accurate tool. Fixed Income, Late-Cycle Investing Likes 0 SHARE Bookmarks
February 06, 2020 Should Investors Avoid US Healthcare Stocks in an Election Year? by Vinay Thapar, Frank Caruso US healthcare is always a political hot potato, and volatility is expected to rise as the November elections approach. But investors can find good opportunities in the sector in companies with strong long-term business drivers that are relatively immune to political noise. Equities Likes 0 SHARE Bookmarks
February 05, 2020 Navigating Political Risk in Latin America’s Andean Region by Armando Armenta Late in 2019, Chile, Colombia and Peru saw an uptick in political turmoil that was unusual, given that they’re perceived as politically stable countries with “market-friendly” policies. With several key elections on tap in 2020, we’re watching closely for potential risk flare-ups. Economics, Emerging Markets Likes 0 SHARE Bookmarks
February 05, 2020 The Late Cycle: The Fed Balance Sheet by Scott DiMaggio, Eric Winograd The Fed balance sheet is back. Our Co-Head of Fixed Income and our US economist discuss what recent stimulus means to the economy and markets. Economics, Fixed Income, Late-Cycle Investing Likes 0 SHARE Bookmarks
February 05, 2020 Brexit: It Ain’t Over till It’s Over by Darren Williams At 11 p.m. GMT on Friday 31st January, the UK formally left the European Union. Thank goodness for that, many will say. Unfortunately, it isn’t quite that simple, as the UK and the EU still need to reach agreement on the shape of their future trading relationship. Brexit, Economics Likes 0 SHARE Bookmarks
February 04, 2020 Beyond Green Bonds: Innovations in Sustainable Investing by Shawn Keegan ESG investors, take note: a controversial new bond format that links a company’s sustainability goals to its bottom line could be a game changer. Fixed Income, Responsible Investing/ESG Likes 0 SHARE Bookmarks
February 03, 2020 Can US Stock Investors Rely on Earnings Growth? by James T. Tierney, Jr. With US equities trading at relatively high valuations, earnings growth will be essential for investors to generate returns in 2020. That’s a tall order in today’s environment. Finding standout companies with sustainable growth potential will be especially important. Equities Likes 0 SHARE Bookmarks
January 31, 2020 High-Income Outlook: Setting a Course for 2020 by Gershon Distenfeld Late-cycle markets can unnerve high-income investors. But we see ways to generate a healthy level of income while potentially decreasing overall portfolio volatility. Fixed Income, Late-Cycle Investing, Volatility Likes 0 SHARE Bookmarks
January 30, 2020 Valuing Equities in a Low-Growth World by Mark Phelps As we enter a period of lower growth globally, investors have given higher valuations to companies that can achieve consistent growth. This seems logical, but are we in danger of overpaying? Equities, Late-Cycle Investing Likes 0 SHARE Bookmarks
January 28, 2020 Municipal Bonds: Four Ways to Stay Flexible in 2020 by Daryl Clements The outlook for the muni market is favorable for 2020, but investors should be prepared for twists and turns. Staying flexible can help keep investors on track. Active & Passive , Fixed Income, Municipals Likes 0 SHARE Bookmarks
January 28, 2020 Focus on Fundamentals, Not Predictions by Sammy Suzuki Markets tend to focus on external factors that are difficult to predict. This might include future actions of the Fed and other central banks, or what Trump might do next. But we believe it’s better to focus on fundamentals--these are the trends that will outlast today’s external events. Later in the Cycle Likes 0 SHARE Bookmarks
January 23, 2020 Will the Wuhan Coronavirus Infect China’s Economy? by Mo Ji A virus is spreading across China, causing disruption, severe illness and even death. In addition to the tragic human cost of an epidemic, widespread disease can cause significant macroeconomic damage. We estimate the potential impact of the Wuhan coronavirus on China’s GDP growth. Economics, Emerging Markets Likes 0 SHARE Bookmarks
January 22, 2020 Our Emerging-Market Debt Outlook: Dipping into 2020 by Shamaila Khan Emerging-market debt is unlikely to reprise last year’s stellar performance as the global economy slows in 2020, but it’s still worthwhile to dip into compelling opportunities. Emerging Markets, Fixed Income Likes 0 SHARE Bookmarks