June 05, 2020 Mastering the Virtual Practice: Why Your Clients Will Prefer Virtual Meetings by Ken Haman The term “new normal” now widely applies to everyone’s lives. One facet is attending virtual meetings. It’s our view that web-based conversations are here to stay because they are better than live interactions. Here is a list of 10 reasons why your clients prefer virtual meetings. Advisor Institute Likes 0 SHARE Bookmarks
June 04, 2020 Can the Coronavirus Crisis Bring Positive Change to Emerging Markets? by Adriaan du Toit Emerging markets (EM) are at a crossroads. The impact of COVID-19 aggravates pre-existing challenges. But it also enables those EM economies that respond effectively to create better conditions for the future. Coronavirus, Economics, Emerging Markets Likes 0 SHARE Bookmarks
June 03, 2020 Can AT1s Survive Coronavirus? by Jørgen Kjærsgaard, Steve Hussey European banks’ additional Tier 1 securities should survive a short bout of the coronavirus. But even in a prolonged pandemic, the risk/reward trade-off might be better than perceived. Coronavirus, Fixed Income Likes 0 SHARE Bookmarks
June 01, 2020 Why Have Chinese Stocks Held Up So Well? by John Lin, Stuart Rae Chinese stocks have been resilient this year because of relatively modest earnings downgrades amid an early recovery from the virus-induced shock. China, Coronavirus, Emerging Markets, Equities, Trade Wars, Volatility Likes 0 SHARE Bookmarks
June 01, 2020 Emerging-Market Debt: Higher Quality, Higher Yield? by Shamaila Khan As the coronavirus crisis unfolded, spreads spiked to record highs across investment-grade emerging-market debt, despite the sector’s strong fundamentals. Today, spreads remain wide. That may not last. Coronavirus, Emerging Markets, Fixed Income, Volatility Likes 0 SHARE Bookmarks
May 29, 2020 Don’t Fear Government Bonds in Multi-Asset Portfolios by Sharat Kotikalpudi Today’s bond yields are extremely low, and some multi-asset investors may be struggling to rationalize exposure to interest-rate driven assets such as government bonds. But past experience suggests that they can still be effective diversifiers over the near term, even at low yield levels. Multi-Asset Likes 0 SHARE Bookmarks
May 29, 2020 The Compassion Paradox by Ken Haman As the COVID-19 crisis and the challenge of the economic recovery process continue, it’s critical to understand how to care about our clients without caring too much. Don’t risk your own well-being and become unable to help those who need you. Advisor Institute Likes 0 SHARE Bookmarks
May 27, 2020 Preparing Chinese Holdings for Potential US Action by John Lin, Stuart Rae Tensions between the US and China are flaring up again. With pressure mounting on Chinese stocks listed in the US, including those widely held in emerging-market portfolios, investors need to consider how to prepare for the mounting risks. China, Coronavirus, Emerging Markets, Trade Wars Likes 0 SHARE Bookmarks
May 22, 2020 Why Fallen Angels Can Be a Good Catch For investors who can hold them, owning some angels after they’ve fallen may make sense. Coronavirus, Fixed Income, Volatility Likes 0 SHARE Bookmarks
May 21, 2020 How Will the Coronavirus Change the Role of Central Banks? by Darren Williams COVID-19 has supplied the catalyst for a secular change in the role of central banks. Providing governments with ammunition to fight the virus is now the overriding goal, and this means keeping bond yields pinned close to zero for the foreseeable future. Coronavirus, Economics, Rising Rates Likes 0 SHARE Bookmarks
May 21, 2020 Credit Risk-Transfer Securities: Finding the Way Forward by Janaki Rao, Monika Carlson Despite its recent rebound, CRTs’ recovery continues to trail the sharper recovery of other markets. This suggests the sector has more upside potential. Coronavirus, Fixed Income, Volatility Likes 0 SHARE Bookmarks
May 20, 2020 Can Smaller Stocks Recover from Coronavirus Blow? by Samantha S. Lau Small-cap stocks were hit hard in the coronavirus sell-off. But select smaller companies with innovative advantages could offer a surprising source of diversification for the uncertain times ahead. Coronavirus, Equities Likes 0 SHARE Bookmarks
May 19, 2020 US Retail Innovators to Prosper in Post-Coronavirus Recovery by James T. Tierney, Jr., Anna Toshach Economic fallout from the pandemic is devastating US retail. But companies that were already adapting well to seismic changes in the industry should prosper over time. Coronavirus, Equities Likes 0 SHARE Bookmarks
May 18, 2020 The Market and Negative US Rates: Right Idea, Wrong Tool by Eric Winograd The Fed continues to dismiss the idea of negative US rates but the market keeps pricing them in. We don’t expect negative rates: in our view, the market is using them as a proxy for Fed measures that may be needed but aren’t yet identified. Coronavirus, Economics, Fixed Income, Volatility Likes 0 SHARE Bookmarks
May 15, 2020 Decisions, Fast and Slow by Ken Haman Many human decisions are driven by impulses known as heuristics, such as the simple-and-familiar bias. When mental energy is depleted, as during a crisis, advisors may employ this bias to select investment solutions that are easy to explain (simple) and that they’ve used before (familiar). Advisor Institute Likes 1 SHARE Bookmarks
May 14, 2020 What We Can Learn from China’s Rapid Normalization by Mo Ji China is further along the coronavirus curve than much of the rest of the world. What does its path to normal look like, and what are the big unknowns? China, Coronavirus, Economics, Emerging Markets, Trade Wars Likes 0 SHARE Bookmarks