The current environment has led many investors to reduce their expectations for future returns from traditional assets such as developed market stocks and bonds. Indeed, it raises the question of whether any attractively priced assets remain. That is, what is still “cheap”?
We see little probability of high core inflation rates in the eurozone, but instead a gradual increase toward the ECB target of just below 2% over the next few years.
It’s important to consider which variable would dominate real estate-related asset prices in a potential new paradigm: higher rates or stronger growth.
Group CIO Dan Ivascyn discusses how PIMCO is seeking opportunities while managing risks in the current macro environment in areas including inflation hedging, credit and emerging markets.
We believe the impact on balances and prices ultimately will depend on five key variables.
As investors eye the outcome of OPEC’s 30 November meeting, we’re offering a look at the thinking behind our 2017 oil price outlook.
Property real estate investment trusts (REITs), though hardly rookies, are headed toward their own version of the major league.
John Murray, managing director and co-head of U.S. commercial real estate, explains why prices could fall 5% over the coming year amid changing capital market dynamics.