Curtis Evans explores the consequences of diverging monetary policies, particularly between the US and Europe, and why investors need to pay close attention to second order effects. Although growth will not be derailed this year and the Fed remains on track to raise interest rates further, markets will ultimately test the limits of this divergenceRead more >
Andrew Bosomworth and Tina Adatia explore the recent events and investigate the implications for investorsRead more >
Investors shouldn’t expect significant returns from stocks or bonds in 2015, says Global CIO Andreas Utermann, but central banks will stay accommodative enough to reflate their economies.Read more >
The global economy remains stuck in a period of sub-par growth. Does this mean unconventional monetary policies adopted by the world’s central banks are failing? And does the widening in credit spreads over recent months suggest that worse is yet to come, and the global economy may fall back into recession?Read more >
US Investment Strategist Kristina Hooper tells Reuters that while the Fed’s transition to more conventional monetary policy in 2015 may be difficult, investors should still find opportunities in US stocks, especially in the technology sector.Read more >
Schroders webconference: Many absolute return bond funds have found it difficult to generate their target level of returns over recent quarters as many bond yields have fallen below zero. Alan Cauberghs, Senior Investment Director for Fixed Income, examines the tools that managers can use to generate positive absolute returns and what market conditions are required to achieve their targets in future.Read more >
We may now have reached a watershed in global central bank policy co-ordination. It remains to be seen whether the Federal Reserve will be able to leave interest rates at a level which, while appropriate for the global backdrop, may be increasingly inappropriate for the domestic US economy. In our latest webconference, Alan Cauberghs will explore whether the current uneasy truce between central banks and markets will persist and the implications for fixed income investors.Read more >
Every year, we develop long-term forecasts for the global economy, monetary policy and capital markets. Jim McDonald explores three of the key themes to emerge this year and what they mean for investors.Read more >
Hear the latest on the current website security threats for July 2017 from Symantec. This month’s briefing spotlights the monetary effects and costs of cybercrime and violations of trust.Read more >
Emerging market debt is on solid footing and current market valuations provide a cushion against risks such as an unexpectedly tightening of monetary policy in the US.
That said, emerging markets are a collection of very diverse economies; it follows that the impact of various risk scenarios will vary significantly from country to country. For us this means the approach to investing in the asset class has never been more critical.
Constructing a portfolio according to fundamentals rather than market cap can help to focus on quality issuers while reducing the reliance on trading. This latter point is especially important given the impaired liquidity environment.
With monetary policy normalization in the US underway, managing duration exposure using short duration credit can help mitigate volatility in fixed income portfolios against a backdrop of rising rates.
Join portfolio manager Mary Bowers and product specialist Julian Moore as they explore the lesser known short duration segment within global high yield. Together, they will provide insight into:
-What exactly defines the global short duration high yield segment?
-How it can be particularly attractive in today’s markets
-Where we see the markets moving in the future
Agency mortgage-backed securities (MBS) are guaranteed by the US government and provide a spread over Treasuries. Their unique prepayment risk, provides investors with diversification benefits versus other fixed income asset classes.
GSE reform and the US Federal Reserve’s balance sheet discussions have brought the sector to the front page recently. In this 30 minute webcast John Carey, Head of the Structured Securities Team, will discuss his thoughts on how recent political and monetary policy developments will impact the agency MBS sector going forward.
Since Donald Trump’s election, breakeven inflation rates implied by yield spreads between nominal and inflation-protected Treasury securities have risen sharply in both spot and forward terms. This may reflect growing expectations for higher inflation in the years ahead.
This 30-minute webcast will discuss our thoughts on how fiscal and monetary policy developments could impact inflation and TIPS valuations going forward.
Please join Richard Buxton, head of UK equities, for his monthly webcast. During the webcast, Richard will discuss:
•Whether recent comments from the Bank of England suggest the end of the era of ultra-easy monetary policy in the UK
•The challenges some businesses are facing as we look ahead to the half-year results season and if there is cause for optimism in the second half of the year
As always, Richard will be happy to take your questions.
Participant Dial In Number(s):
+44 (0) 20 3003 2666 - Standard International Access
0808 109 0700 - UK Toll Free
1 866 966 5335 - USA Toll Free
Credit is a significant part of many of our clients’ portfolios, which is why we started Credit Insights -- a new webinar series aimed at delivering our latest views and outlooks on the global credit market.
This session: Although we are seeing signs of a recovery in the global economy, there are risks to momentum for the balance of 2017. In the US, despite having failed to deliver on a number of campaign promises in his first 100 days in office, President Trump is still the best… and possibly last… chance for inflation and growth in the USA. Monetary stimulus has run its course. Next, is fiscal stimulus. Where does our research team differ from the market consensus on the potential winners and losers of potential tax and trade policy reform? We hope you can attend to find out.
The global cyclical pick-up of activity and inflation, the shift under way from monetary to fiscal support and political downside scenarios, present a challenge to investors looking to extract performance while navigating risks in bond markets. Charles Zerah, Fund manager of Carmignac Portfolio Global Bond, will present his investment allocation and explain how he has been able to extract performance and post a sturdy track record thanks to his unique investment philosophy and unconstrained approach.Read more >
The first half of 2017 has provided a lot of surprises, politically and economically, from the French and UK elections, activity in the Gulf, the direction of the US economy and the evolution of fiscal and monetary policy.
Some were more predictable than others but what is becoming clear looking to Q3 and Q4 is the significant inflection points so far, and the contrast this will cause between the first and second half of the year.
So join Eric Parnell, CFA and Founder & Director of Gerring Capital Partners as he provides a perspective on H1 2017 and an outlook for H2. Attend live and discover:
- A variety of inflection points in both economics and policy in H1 2017
- Why we are arriving at these inflection points and how these transitions are likely to impact stock, bond and commodities markets.
- The reasons for and outcomes of the drastic contrast between H1 and H2 2017, including a expected increase in market volatility and uncertainty.
Listen to Stephanie Flanders, Chief Market Strategist for the UK and Europe, as she explores the themes that will matter for your clients in the second half of the year. In this webcast, Stephanie is joined by Blake Crawford to discuss issues including:
• A more resilient global recovery: The global recovery has broadened and strengthened—and investors know it. What could derail the positive mood?
• The slow exit from extreme monetary policy: Inflation data will be key to the pace of rate rises in the US and beyond. With other major central banks now taking a more hawkish tone, what can we expect policy to look like for the rest of this year and next?
• The surprising potential for political upside in Europe: While the short-term picture is still clouded, the UK election could lead to a softer Brexit in the long run. In the eurozone, meanwhile, could political headwinds be becoming tailwinds?
With the Eurozone’s political worries receding and earnings growing strongly, Blake also looks at the JPM Europe Dynamic (ex UK) Fund, which has delivered first-quartile performance over one and five years through a disciplined process focused on bottom-up opportunities.
Make sure you listen to the recording to stay up to date with all the latest market developments. The call will also qualify you for 45 minutes of Structured CPD, accredited by the Chartered Insurance Institute (CII) and the Chartered Institute for Securities and Investments (CISI).
The Factor Research Quarterly webinar series is designed to share our most recent insights into the state of equity factors around current market events and trends. This webinar will help you think strategically about your portfolio's factor exposure and will cover:
• A 2017 outlook through a factor lens
• Uncovering the link between monetary policy and factor returns
• Current factor valuations and forecasts
Register now to get an inside look at how our top factor experts are viewing the key issues in the global market.
• Michael Hunstad, Ph.D.,Director of Quantitative Research
• Matt Peron, Head of Global Equity
The Health Insurance Portability and Accountability Act of 1996 (HIPAA) requires different rules in the cloud era for staying compliant when it comes to dealing with Protected Health Information (PHI). As a result, IT leaders must adhere accordingly when operating on a public cloud infrastructure, such as Amazon Web Services (AWS), to prevent potential violations and monetary fines.
In this live virtual co-panel discussion by AWS, CorpInfo, and CloudCheckr, we will explore:
- What rules affect HIPAA compliance and governance in the cloud and who must comply
- Why HIPAA compliance requires continuous monitoring and logging of network and information assets
- How to achieve HIPAA compliance with AWS HIPAA Quick Start
- Why organizations need to know and understand AWS’ Shared Responsibility Model to remain compliant in the cloud
- How tools can help validate your security posture and support auditing requirements