Investor Insights
Is It Time for Asset Allocators to Address Climate Risk as Investment Risk?
While world governments take action to mitigate a climate catastrophe, asset managers should start abandoning investment models that treat climate-related risk as something tangential or exogenous to investment risk.
21 Apr 2020
Brown Brothers Harriman: EM Preview of the Week Ahead
EM is coming off a difficult week in which all the economic data underscored just how bad the global outlook has gotten. While risk sentiment ended last week on an upbeat note, we believe EM and other risk assets will have difficulty getting much traction as the data continue to worsen. Oil prices remain under pressure and that is likely to weight on sentiment as well.
20 Apr 2020
RBI Announces New Policy Measures to Aid FIs
This week the Reserve Bank of India (RBI) announced a new set of policy measures to curb the impact of coronavirus on Indian markets. Suyash Choudhary, Portfolio Manager at IDFC Mutual Fund believes the policy measures announced “will serve to ease financial conditions at the margin.”
20 Apr 2020
As Latin America Hunkers Down to Tackle Coronavirus, How Vulnerable is Brazil?
Latin American countries are hunkering down amidst an escalating pandemic, testing the resilience of businesses, banks, and investors, with many observers sharply focused on how one of the region’s largest economies – Brazil – will weather the storm.
16 Apr 2020
Emerging Market Debt Outlook Improves as Investors Sharpen Focus on Fundamentals
The asset classes took a battering from the pandemic and related economic turmoil over the past few weeks, but low valuations are looking very inviting at the moment.
16 Apr 2020
Private Debt Fundraising Hits Four Year Low – Preqin
The total volume of private debt raised was 41% lower in 1Q2020 compared with a year prior – the worst quarter for the asset class since 3Q2016, and a sign that the asset class has not escaped the current market volatility totally unscathed.
15 Apr 2020
Brown Brothers Harriman: Emerging Markets Preview for the Week Ahead
EM and risk assets rallied last week, due in large part to increased Fed stimulus as well as plans by OPEC+ to cut oil production. This really may carry over into this week and yet when all is said and done, the global economy won’t avoid recession and the economic numbers are likely to worsen significantly before they get better.
13 Apr 2020
ESG-Compliant Bonds More Resilient than Non-ESG Assets in 1Q2020
As the coronavirus pandemic weighs on global markets, both bonds and equities have been battered. But according to recent research from AXA Investment Managers, bonds with a high degree of ESG compliance performed better than their less compliant peers.
9 Apr 2020
BlackRock: Credit Outlook, Local Currency Debt Upgraded on the Back of 'Unprecedented' Stimulus Efforts
Unprecedented policy support from the world’s governments and large central banks to fight the economic effects of the COVID-19 pandemic have sharply lowered valuations and have led to an improving outlook for credit, BlackRock analysts say. Emerging market local currency debt is one of the asset classes favoured by the fund manager.
8 Apr 2020
Qatar Reopens GCC Capital Markets with USD10bn Trade as Other Sovereigns Consider Raising Funding
Qatar has returned to the capital markets with the sale of a USD10bn Eurobond, marking the latest issuance from EM sovereigns returning to the markets.
8 Apr 2020