Global
Islamic Finance to Grow at Slow Rate in 2020 – S&P Global
The Islamic finance industry is set to grow at a rate of around 5% in 2020, due to weak conditions in economic conditions in the industry’s core markets, according to S&P Global’s ‘Islamic Finance Outlook 2020’. The report also notes three drivers - the rise of FinTech, ESG sukuk, and standardisation - could fuel the industry.
15 Jan 2020
Middle East Tensions Concerning, but Lower Short-Term Conflict Risks – Ashmore
Concerns that the assassination of the Iranian general Qassem Soleimani may spark an escalation between the US and Iran have abated following the underwhelming Iranian response. Tensions linger, but in the short-term the prospect of conflict has subsided, according to a note from Ashmore.
14 Jan 2020
EM Currencies, Local Bonds Top Picks for 2020 – JP Morgan Asset Management
Last year was wracked by uncertainty, with trade tensions and a sharp reversal in rates weighing on growth. With the apparent relaxation of trade tensions and a consistent, supportive monetary policy environment, 2020 may be the year of revitalised economic growth, JP Morgan Asset Management analysts argue.
14 Jan 2020
Brown Brothers Harriman: Emerging Markets Preview for the Week Ahead
Leading investment advisors Brown Brothers Harriman give their take on the big drivers and key economic events to look out for in emerging markets this week
13 Jan 2020
EM Debt Accumulation Hits Record Levels in 2019 – WorldBank
Spurred by unprecedented decline in global interest rates, global debt rise in the past decade has been greater, faster and more broad-based than during any previous “debt accumulation waves”, the IFI’s report states.
13 Jan 2020
The Missing Point in The Global Growth Debate
Global growth is decelerating. Policy-makers in developed economies are gearing up for yet more fiscal spending. While fiscal spending may support growth for a short time, and for longer if very carefully applied, it will not change the growth outlook fundamentally. This is because the main reason for slower growth lies elsewhere, namely in gross misallocation of capital on a global scale,…
10 Jan 2020
Commodity Prices, Regulation & Funding Access Biggest Risks for Energy Companies in 2020 - Moody's
Looking at the year ahead, energy companies worldwide could face challenges from weak commodity prices, regulatory barriers and a lack of access to funding, according to a recent note from Moody’s.
10 Jan 2020
EM External Debt Benefiting from ‘Delightful Diversification’ - Ashmore
Despite a number of high-profile periods of volatility in 2019, it was a strong year for emerging market external debt, argues Jan Dehn, Head of Research at Ashmore Asset Management. Boasting returns of 15%, the asset class is reaping the rewards of growing credit quality and increased diversification.
10 Jan 2020
Stellar Emerging Market Debt Returns “Unlikely to be Replicated in 2020” – M&G
The stellar returns produced by emerging market debt in 2019 are unlikely to be replicated in 2020, according to Claudia Calich, Head of Emerging Market Debt at M&G Investments.
9 Jan 2020
Multinationals to Shift Supply Chains out of China in 2020 – MUFG
As the global multinational corporate supply chains shift under duress of ongoing Washington-Beijing trade war, production lines will increasingly move out of China in 2020, which will a “big, necessary, but inherently difficult process,” the international bank explained in a 2020 outlook report.
8 Jan 2020