Increasing bid/ask spreads, higher volatility and changes in asset preferences indicate a state of change in market conditions, but not necessarily a lack of liquidity.
CIO Global Credit Mark Kiesel discusses how macro and market trends – including the European Central Bank’s new program to purchase corporate bonds – are aligning to create attractive opportunities in key areas across the global credit sector.
Are we already seeing the demise of what I have called the “Shanghai Co-op,” a tacit agreement among the major central banks struck at the G-20 summit last month to stabilize the USD in broad ranges? I favor a more benign interpretation.
Could low or negative interest rates be hurting, rather than helping?
Geraldine Sundstrom, managing director and portfolio manager for asset allocation strategies, discusses the outlook for global currencies in 2016 and what this means for portfolios.
What is the likelihood that the next move in official UK rates could be down and what are the investment implications?
Mihir Worah, CIO Asset Allocation and Real Return, discusses the outlook for global rates and duration positioning in asset allocation portfolios.
Global central bankers are seeking broad currency stability after reaching an understanding at a meeting in China last month.
Geraldine Sundstrom, managing director and portfolio manager for asset allocation strategies, discusses the challenges confronting global equities markets in 2016, and the sectors and regions better positioned to withstand those headwinds.
Mihir Worah, CIO Asset Allocation and Real Return, discusses the outlook for real assets in 2016.