June 22, 2018 Four Reasons Why It’s Time to Get Real About Inflation by Vinod Chathlani, Brian Resnick, Karen Watkin With the global economy moving into its late-cycle stages, we think it’s a good time to bolster portfolio inflation protection by embracing several recently unloved investments—including natural resources and commodities. Asset Allocation, Inflation, Multi-Asset Likes 0 SHARE Bookmarks
June 22, 2018 Small-Cap Stocks: What’s Really Driving Returns? by James MacGregor US small-cap stocks have delivered strong returns in recent years. But value stocks have lagged the broader market. A closer look at what’s driving returns reveals some risks that deserve attention. Equities Likes 0 SHARE Bookmarks
June 22, 2018 How to Avoid the Private Equity Liquidity Trap by Avi Lavi, Tawhid Ali Private equity funds continue to attract interest, despite rising deal valuations and high levels of leverage. We think there’s a way to get many of the benefits of private equity in public markets—without forfeiting liquidity. Equities, Rising Rates Likes 0 SHARE Bookmarks
June 15, 2018 Emerging Markets: Diminishing Risks vs. Headline Fears by Laurent Saltiel, Sergey Davalchenko, Naveen Jayasundaram Fears of new threats to emerging markets have cooled stock returns after two years of hot performance. But the concerns may be overstated. The long-term risk profile of emerging markets is continuing to improve. Emerging Markets, Equities, Rising Rates, Volatility Likes 0 SHARE Bookmarks
June 11, 2018 Three Ways to Keep Your Head Above Water as Rates Rise by Douglas J. Peebles Volatility in yields got you down? Fearful of more rising rates ahead? Worried your bond portfolio will sink into the red? We have strategies that will help keep you dry, even if the waves get high. Fixed Income, Rising Rates Likes 0 SHARE Bookmarks
June 06, 2018 Why It’s a Mistake to Cash Out of Bonds When Rates Rise by Douglas J. Peebles Bond investors are worried about rising rates in today’s environment. Many are protecting themselves by moving to cash or other very short investments. But is their “safe” choice putting them at risk? Fixed Income, Rising Rates Likes 1 SHARE Bookmarks
June 04, 2018 Can Emerging Markets Defy a Stronger Dollar? by Morgan Harting Turkey’s currency crisis has spooked emerging-market (EM) investors, especially amid growing concern about the strengthening US dollar. We think countries and companies in the developing world are actually much more resilient to a stronger dollar than in the past. Currency, Emerging Markets, Equities, Fixed Income, Rising Rates, Volatility Likes 0 SHARE Bookmarks
May 29, 2018 Will China Export Volatility as Equity Markets Open? by John Lin China’s markets are opening to the world—but be aware of the potential for unintended consequences. As more money flows into domestic Chinese stocks from abroad, more money is also flowing out of China, which may trigger volatility in regional markets. Emerging Markets, Equities, Volatility Likes 0 SHARE Bookmarks
May 29, 2018 Wary of High Yield? Three Reasons Not to Be by Gershon Distenfeld, Will Smith High-yield investors bracing for a downturn in 2018 can relax. By some metrics, high-yield companies have rarely looked better. The way we see it, investors who do their homework can still profit in this environment. Fixed Income Likes 0 SHARE Bookmarks
May 23, 2018 Beyond the FAANGs: Technology Stocks and Downside Protection by Kent Hargis, Chris Marx, Sammy Suzuki Technology stocks are widely seen as powerful return drivers—with a lot of volatility attached. But surprisingly, shares of many companies that enable the technology revolution can provide solid returns and even downside protection. Equities, Volatility Likes 0 SHARE Bookmarks
May 22, 2018 US Economic Growth: A Sustainability Story? by Dan Roarty US stocks have boomed for nine years, supported by one of the longest economic expansions in the postwar period. Can this growth be sustained? Much depends on how the challenges of environmental and social sustainability are addressed. Equities, Responsible Investing/ESG Likes 0 SHARE Bookmarks
May 21, 2018 Income…but at What Cost? by Morgan Harting, Karen Watkin There are a lot of suggestions these days about where to get extra income, but less discussion about the cost attached to it. A diversified multi-asset approach can help—and provide additional growth potential. But how it’s designed matters. Multi-Asset Likes 1 SHARE Bookmarks
May 17, 2018 Markets Unfazed by Rising Risk of Populism in Italy…for Now by Darren Williams While Italy’s bond yields have risen, investors have so far reacted relatively calmly to the rising probability of a populist Italian government. Based on the fundamentals, the potential downside scenario looms larger than markets seem willing to consider. Economics, Fixed Income Likes 0 SHARE Bookmarks
May 14, 2018 Should Investors Worry About US Earnings? by James T. Tierney, Jr. US companies reported stellar first-quarter profits this year. But some investors suspect that earnings growth has plateaued. Our research suggests that slowing earnings growth means nothing for stock prices. Equities Likes 1 SHARE Bookmarks
May 11, 2018 Want Sustainable Income? Spread Your Risk Around by Gershon Distenfeld Investors often say they’re worried about having too much high-yield bond exposure so late in the credit cycle. But many are still chasing returns in equities and other assets with even higher risk. We’ve got a better idea. Fixed Income, Volatility Likes 0 SHARE Bookmarks
May 09, 2018 Will Real Change Result from New Regs? That’s Up to Investors On May 14, new MSRB regulations will require the disclosure of the often dramatic markups that retail investors are subject to when buying individual municipal bonds. Will this accelerate the shift into active municipal bond management? Active & Passive , Fixed Income, Municipals, Policy & Regulation Likes 0 SHARE Bookmarks