Developed and emerging market bonds in a low interest rate world

The Information Services Division of LSEG is pleased to announce that Beyond Ratings, a leading provider of climate risk in fixed income and Yield Book, a leading fixed income analytics platform, have combined their expertise in a flexible and transparent analytics solution.

Learn how Beyond Ratings’ climate risk and ESG data can be utilized within Yield Book’s Excel Add-In for fixed income markets across 170+ sovereigns in this interactive webinar.

THE WEBINAR WILL COVER:
•Demonstration of how to conduct climate risk portfolio analytics on-demand, with transparency into 300+ underlying climate, social and governance-aligned factors through the Yield Book Excel Add-In
•Create climate-adjusted portfolio and benchmark analytics, including measurement of your portfolio’s current carbon footprint, temperature trajectory and gap to 2-degree scenarios
•Automation of reports for snapshotting ESG performance, understanding drivers of Sustainability Ratings and fulfilling numerous disclosure frameworks such as TCFD and PRI.

Interested in the product? Contact sales@yieldbook.com for more information.

With the growing demand, both in Asia and globally, for ESG considerations to be integrated into investment strategies, FTSE Russell has partnered with Taiwan Index Plus Corp. (TIP) to develop the first domestic Taiwan benchmark using the FTSE ESG Ratings and Data model.

The FTSE4Good TIP Taiwan ESG Index is designed to measure the performance of companies on the Taiwan Stock Exchange that meet the globally recognised ESG inclusion standards used by the FTSE4Good Index Series.

How can investors access the Taiwanese market while incorporating sustainable investment considerations?

Join experts from FTSE Russell and Yuanta Securities as they discuss the cutting-edge methodology behind the FTSE4Good TIP Taiwan ESG Index and the potential benefits of investing in the Taiwanese market via an Exchange Traded Fund (ETF).

Speakers:
Alex Chen, Associate Director, Research & Analytics, FTSE Russell
Frank Lin, Senior Manager, Index and Quantitative Investment, Yuanta Securities

For more information about the index, please visit https://www.ftserussell.com/products/indices/ftse4good

*** Please note that this webinar is addressed exclusively to professional/institutional investors in Europe and/or jurisdictions where Yuanta Securities' products are approved for distribution. ***

Although all US equity asset classes enjoyed strong performance in 2019, US large caps outperformed small caps. Large caps have benefited from macro tailwinds including fears of slowing global growth and endless US-China trade uncertainty. Both factors have pushed investors towards higher quality blue chips with more dependable growth than their more economically sensitive small cap counterparts. Growth worries have also driven interest rates to record lows, boosting large cap and growth indexes that have less exposure to financials, a sector whose margins are pressured by falling rates.

But there may be reason to expect better performance from small cap stocks in 2020. While global leading economic indicators are at their weakest since the financial crisis, they’re beginning to exceed low expectations and are at levels consistent with prior positive inflections. Not surprisingly, small caps have begun to recently outperform. If a US-China phase 1 trade deal proves forthcoming and a re-escalation in tensions can be avoided, it’s likely optimism on global growth will improve, helping more economically sensitive assets like small caps do better.

But it is no question that we see more market volatility impacting small caps in 2020 with global geopolitical concerns and the US general election top-of-mind. New futures tools can help retail investors mine US small-cap equity opportunities while addressing market volatility.

Join experts from FTSE Russell and CME Group as they discuss the outlook for US small cap equity and ways for investors to access and hedge exposure.

*** Please note that this webinar is exclusively addressed at investors in the USA and/or jurisdictions where CME Group's products and services are approved for distribution. ***

Following the publication of FTSE Russell's quarterly 'Market Maps Factor Indicator' report in January, Philip Lawlor, managing director global markets research and Marlies van Boven, managing director, research & analytics will present its key findings and:

• Review factor performance across the regions in 2019
• Examine the link between the economic cycle and factor behaviour.

In the live Q&A session that follows the presentation, you’ll have an opportunity to submit questions that are most important to you and hear first-hand insights from our speakers.

Following the publication of FTSE Russell's quarterly 'Market Maps Factor Indicator' report in January, Philip Lawlor, managing director global markets research and Marlies van Boven, managing director, research & analytics will present its key findings and:

• Review factor performance across the regions in 2019
• Examine the link between the economic cycle and factor behaviour

In the live Q&A session that follows the presentation, you’ll have an opportunity to submit questions that are most important to you and hear first-hand insights from our speakers.

Global Markets Research, FTSE Russell.
(Webinar for investors based in the APAC region)

In this 30-minute webinar, Philip Lawlor, managing director, global markets research at FTSE Russell, will discuss some of the risks confronting investors in 2020, before addressing questions via a live Q&A with webinar participants.

Key discussion points:

• Reviewing 2019’s global equity and bond market performance, in the context of a deteriorating macroeconomic backdrop.
• Appraising the current economic, profit, valuation and financial conditions market drivers.
• Exploring what’s priced in and what could surprise in 2020.

Global Markets Research, FTSE Russell.
(Webinar for investors based in the Americas)

In this 30-minute webinar, Alec Young, managing director, global markets research at FTSE Russell, will discuss some of the risks confronting investors in 2020, before addressing questions via a live Q&A with webinar participants.

Key discussion points:

• Reviewing 2019’s global equity and bond market performance, in the context of a deteriorating macroeconomic backdrop.
• Appraising the current economic, profit, valuation and financial conditions market drivers.
• Exploring what’s priced in and what could surprise in 2020.

Global Markets Research, FTSE Russell.
(Session for investors based in EMEA)

In this 30-minute webinar, Philip Lawlor, managing director, global markets research at FTSE Russell, will discuss some of the risks confronting investors in 2020, before addressing questions via a live Q&A with webinar participants.

Key discussion points:

• Reviewing 2019’s global equity and bond market performance, in the context of a deteriorating macroeconomic backdrop.
• Appraising the current economic, profit, valuation and financial conditions market drivers.
• Exploring what’s priced in and what could surprise in 2020.

Dividend growth represents a strong quality characteristic because continuous increases to a firm's dividends may signal confidence that it can consistently generate positive earnings growth.

The FTSE Dividend Select Equal Weight Index Series is designed to measure the performance of US companies that have successfully increased their dividend payments over a period of 10 years.
On a quarterly basis the highest-ranking companies based on momentum are selected and equally weighted to form the final index, capturing the Small, Mid, or Large cap domestic market. The indexes are designed to provide a benchmark for investors looking to capture a concentrated portfolio of constituents demonstrating increased dividends and positive momentum.

Join experts from FTSE Russell, KFA Funds and WealthShield as they discuss smart beta indexes’ methodology, exposure to price-based momentum and the potential benefits of investing via ETFs or Direct Indexing.

*** Please note that this webinar is addressed exclusively to professional investors in the USA and/or jurisdictions where KraneShares ETFs or products and WealthShield services or products are approved for distribution. ***

With the abundance of loan-level information, there is a growing need to analyze varied and complex data sets. Yield Book, part of Information Services Division at London Stock Exchange Group is proud to present Loan Collateral Analyzer (LCA). LCA provides the ability to peer into securities, whether it is a level 1 pool or ReREMIC, and go down to the most granular form, the loan-level while keeping track of participation. In addition to the linking of securities to loan-level, users are then able to categorize and filter based on customizable specifications. All of which is linked to our extensive historical loan-level database to provide past performance/speeds.

Webinar will cover:
•Overview of LCA
•Displaying balance and prepay dispersions across loan characteristics for a deal
•Loan-level comparison of two similar pools
•Benchmark analysis using Yield Book CMO cohort
•Viewing the loan level data and explaining the challenges

The US small-cap Russell 2000 Index has returned 6.6% annually over the past 20 years on a price basis as of September 30 as compared to a 4.6% annual price return for the US large-cap Russell 1000 Index for the same period.
And while US small cap returns look relatively good for investors in hindsight over the past two decades, these returns have come with much higher relative volatility. The Russell 2000 had a 19.5% annualized standard deviation over the last 20 years as compared to 14.8% for the Russell 1000 and the Russell 2000 had a maximum drawdown of 54%.

How can investors hedge downside risk?

Join experts from FTSE Russell and Innovator ETFs as they discuss US small cap equities and hedging downside risk with built-in buffer.

Discover more about the benefits of the Russell 2000 Index: FTSE Russell’s infographic, "Because markets change" and FTSE Russell’s and Innovator ETFs’ recent joint blog, "A defining moment for us small-cap stocks" at www.ftserussell.com

*** Please note that this webinar is addressed exclusively to professional investors in the USA and/or jurisdictions where Innovator ETFs or products are approved for distribution. ***

The new Agency & Non-Agency RMBS model V21.5 will become the default production model for Yield Book on November 17th.

This webinar will cover the update from V21.4 to V21.5 which includes:

1. Agency RMBS Prepayment
- Primary/secondary spread model enhancements
- Cash-out model enhancements
- Refinance response recalibration enhancements
- Other miscellaneous model changes update

2. Non-agency loss severity model enhancements for CRTs

3. Non-agency adjustments and updates to rate refi component of prepayment model for Jumbo Near Prime

Featured Speakers:

Hui Ding, Director, Agency RMBS Prepayment Modeler, Yield Book, part of Information Services Division at London Stock Exchange Group

Jake Katz, Director, Non-Agency RMBS Modeler, Yield Book, part of Information Services Division at London Stock Exchange Group

Joe Reel, Managing Director, MQA Mortgage Analysis, Citigroup, Inc.

A live event presented by Alec Young, Managing Director, Global Markets Research.

Alec will provide a global macroeconomic update and its asset allocation implications global equities, credit and alternatives.

This webinar will cover:
•Are recession fears overblown?
•With the cost of capital already at record low, can Fed rate cuts
really revive growth?
•US/China trade – How to separate signal from noise?
•What are the major asset allocation implications of a strong dollar?
•With valuations historically elevated, what are the best risk adjusted opportunities across equities, credit and alternatives?

Please join us on Wednesday, October 23, for an interactive webinar about Yield Book analytics: Tax considerations for municipal bond analytics.

Given the tax considerations and unique dynamics of the municipal bond markets, traditional bond analytics may not accurately capture market behavior. To improve upon traditional bond analytics for the muni market, Yield Book offers tax-adjusted analytics to ensure accurate and complete coverage of your municipal bond universe.

The webinar will cover:
•Background and requirements for municipal bond tax considerations
•Description of the methodology for Yield Book tax-adjusted Yield, OAS, effective durations and partial durations
•In-depth look at tax-adjusted scenario analysis for more accurate municipal bond risk assessment
•How-to access the metrics in Yield Book

ETF Stream Big Call: Fixed Income (23 September 2019)

Re-recorded presentation by Robin Marshall

FTSE Russell Global Markets Research, Global Macroeconomic and Asset Allocation Insights -

Developed and emerging market bonds in a low interest rate

Following the publication of our Q3 Global Markets Research Factor Indicator report we are hosting new quarterly webinars, hosted by Philip Lawlor, Managing Director Global Markets Research to discuss some of the report’s key observations.

During the webinar we will;
Examine how factors have performed across the regions
Apply perspective to the recent rotation from Momentum into Value

We will close the webinar with a Q&A session.

Please join us for our first quarterly factor performance review.