Sharing our convictions

With central banks speeding though their hiking cycles, a return to rates stability could allow investors to reap the rewards of bond yields that are unusually high for this point in the cycle.

Asset owners are increasingly demanding net zero plans from their investment managers, who need to determine how to track and reduce portfolio emissions. Issues include: rebalancing vs rate of reduction, whether it’s too early for Scope 3, and ensuring engagements go beyond the more receptive European and US markets.

The first round of Brazil’s general elections will take place on Sunday, October 2nd, with former president Luiz Inácio Lula da Silva and the current president Jair Bolsonaro facing each other. Thierry Larose, Portfolio Manager at Vontobel, discusses how markets are viewing the two candidates.

The Corporate Credit team reveals how they plan to navigate the fourth quarter of 2022

Are central banks overreacting? Jobs data may offer a hint. The accelerated Fed tightening has shown a mix of immediate and lagging effects. There are also emerging markets opportunities for investors willing to look through the short-term noise – the view from Head of Macro Strategy Platform Yann Lepape and his team.

With reaction to the UK’s mini-budget roiling markets for a second day, Felipe Villarroel looks at what higher rates and a weaker currency mean for the UK economy.

Partner and portfolio manager, Eoin Walsh, delivered the keynote address at the TwentyFour Fixed Income Conference in London on September 13.

The Queen may have remembered 1992 as her “annus horribilis,” but for financial markets and particularly multi-asset investors, it’s 2022 that deserves this sorry distinction. However, with Jerome Powell moving the federal funds rate ever higher, “60/40” may yet be back in fashion, according to our multi-asset expert Anton Oberhofer.

Inflation and forex remain in the spotlight ahead of several key central bank rate decisions this week, with a special eye on Asia – the view from Head of Macro Strategy Platform Yann Lepape and his team.

Higher than expected inflation data for August is setting the stage for the upcoming Federal Open Market Committee meeting. Where do we see the Fed policy rate at the end of 2022? Watch Eoin Walsh and Ramiz Chalet discussing their views on inflation and Fed-policy.

With US inflation data once again hammering markets, Mark Holman says that with US Treasury yields likely approaching their peak, a shift in sentiment for risk assets isn’t far away.

The ECB keeps the door open for jumbo rate hikes, while slowing North Asian exports hint at lower demand for goods and emerging Europe sees high inflation – the view from Head of Macro Strategy Platform Yann Lepape and his team.