It appeared that the environment for emerging market debt was improving as many developing countries have brought inflation under control, have seen an improvement in their competitiveness and have scope to reduce interest rates. But the election of Donald Trump has raised the spectre of US protectionism and resulted in rising Treasury yields. Alan Cauberghs, Investment Director, explores whether the outlook for emerging market debt has changed materially and if the asset class can still generate attractive returns in the revised political climate
Register for Schroders Live on Wednesday 28 September, with Senior European Economist and Strategist Azad Zangana and Fund Manager Remi Olu-Pitan as they discuss recent macroeconomic challenges in a panel discussion hosted by Bloomberg’s Manus Cranny.
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.
Special guest host joined on the panel by Schroders’ Group Chief Executive Officer, Economist, UK and European Fund Managers.
Join us for an exclusive episode of Schroders Live to discuss the outcome on the EU Referendum and the potential implications on the UK and European Markets.
We will have a special guest host joined on the panel by Schroders’ European Economist, UK and European Fund Managers.
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.
Jessica Ground, Global Head of Stewardship, Schroders, and Rochester Cahan, CFA, Empirical Research Partners LLC
The conversation about ESG investing is gaining traction across markets. Clients no longer ask 'do you have an ESG strategy?' but rather 'do ESG high scores result in outperformance?' Collaborating with Empirical Research Partners, this webinar will showcase their findings on ESG, what factors show the strongest correlation and how they think asset owners and fund managers should be taking this forward.
Jessica Ground, Global Head of Stewardship, Schroders will be joined by Rochester ‘Rocky’ Cahan, CFA, the U.S. Portfolio Strategist at Empirical Research Partners LLC. Mr Cahan joined the firm in 2013 to focus on a broad spectrum of research topics ranging from bottom-up stock-selection to top-down macroeconomic analysis. In addition to his highly regarded practitioner research, Mr. Cahan has published a number of academic articles in top journals including The Journal of Empirical Finance, The Journal of Banking and Finance, and The Journal of Portfolio Management. Mr. Cahan received a double degree in Mathematical Physics and Finance from Massey University in New Zealand in 2003, and is also a CFA charterholder.
Battersea is an emerging London location, that on the back of significant infrastructure investment, has undergone significant regeneration. James Lass, Fund Manager of the Schroder UK Real Estate Fund, gives a tour of Battersea Studios, an asset that has witnessed strong capital and income growth on the back of this regeneration and active asset management
Paris is the largest, most liquid, and most transparent investment market for real estate investors in Europe. Thomas Guyot, Head of Real Estate Investment France, walks through a 23,000sqm asset located in Paris Rive Gauche. The JV was structured when the project was largely de-risked, and is the best performing asset in the portfolio today.
Berlin was recently rated the number one investment market by ULI and PWC. Schroders anticipated this trend three years ago, and secured a number of mis-priced investment opportunities across the capital. Sascha Harms, Head of Real Estate Investment Germany, opens the doors to two such assets.
The DC saver's journey falls into three phases: growth, when they need reward; stable growth, when there is a balance between risk and reward; and transition to retirement, when they need less risk:
'Smart beta' seems to offer the opportunity to achieve performance with low fees,
Schroders’ advanced beta portfolios can be constructed to deliver bespoke “baskets” of stocks to target specific themes
The result is equity-like returns, but with lower volatility, which should be ideal for the investor in the growth phase.
James Barrineau, Co-Head of Emerging Markets Debt, Schroders
After a very challenging 2015, emerging market debt has produced a strong, broad-based move forward thus far in 2016. Through the month of April, components of the asset class are up anywhere from 5% to 11%. An obvious question on the minds of all professional investors: Can this trend last? Please join Jim Barrineau, Co-Head of Emerging Market Debt Relative at Schroders, in a wide-ranging discussion on the current status of this asset class. Jim will cover the factors that have propelled the market so far in 2016, the anticipated drivers going forward, and the potential tail risks to the asset class.
We are moving from a capital led cycle to one driven by occupier demand. The ongoing recovery, leading to improving demand and prospects for rental growth in key cities in continental Europe, provides a sound long-term investment case
Webconferences and videos for Institutional Investors
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