TwentyFour Jan 19 2023 Market Update Strategic Income Quarterly Update – January 2023 Pierre Beniguel discusses market conditions in Q4 2022. Watch now
TwentyFour Jan 19 2023 Market Update Asset-Backed Securities Quarterly Update – January 2023 TwentyFour Partner and Portfolio Manager, Douglas Charleston, describes the developments of the ABS market in Q4 2022. Watch now
TwentyFour Jan 19 2023 Viewpoint European ABS 2023: Enjoy the income, embrace the transparency While European ABS was not immune to negative returns amid the considerable fixed income headwinds of 2022, it gave investors largely what they look to this allocation for – lower volatility and better performance than mainstream bonds. In our view, the forward-looking opportunity looks equally compelling. Read more
TwentyFour Jan 18 2023 TwentyFour Blog Time to extract Europe’s elevated bond spreads With projections for European growth and inflation being hastily revised in early 2023, the region’s bonds are still paying investors a premium that may not be around for long, says Dillon Lancaster. Read more
Asset management Jan 16 2023 Viewpoint Geopolitical terms: Vocabulary for a new world As new regimes emerge, so do new words to explain them. Understanding the world, one geopolitical term at a time. Read more
Fixed Income Boutique Jan 13 2023 Outlook Euro Credit Outlook – Is investment grade the allocation of choice in 2023? Traditional investment strategies unraveled in 2022 amid geopolitical and energy crises. As 2023 gets under way, these negative trends have started reversing, giving our Corporate Credit team comfort about the prospects for the European investment grade credit market in the months ahead. Read more
Quantitative Investments Jan 10 2023 Viewpoint Big Data: Man and Machine as a Team in the Investment Process Should we blindly follow a machine? Or is human judgment needed to make weighed decisions? We believe that man and machine must act as a team to achieve the best results. That's why we developed the Wave, which is based on a big data approach and serves as a compass in our investment process. Read more
TwentyFour Jan 10 2023 TwentyFour Blog Fed still on narrow path to soft landing Recent employment data suggests the US economy may escape with a soft landing, a welcome boost to market sentiment in the early days of 2023, says Eoin Walsh. Read more
Quantitative Investments Jan 09 2023 Market Update What do our models think about US recession risks? The yield curve and our models point to a high probability of recession. But how severe will the U.S. recession be? To answer this question, we exploit historical data to examine the impact of the tightening cycle on GDP growth. The results show that investors should exercise caution in 2023. Read more
Fixed Income Boutique Jan 09 2023 Outlook 2023 Global Credit Outlook – Our 10 most burning questions Welcome to 2023! At the start of the new year, bonfire rituals across the globe celebrate the time for renewal. Our Global Corporate Bond team have evaluated perspectives for the market by asking themselves the ten most burning questions for the year ahead – and finding the answers. Read more
Quantitative Investments Jan 03 2023 Outlook Vescore Global Market Outlook January 2023 The markets are still unimpressed by the approaching recession. This is the case even though aggressive interest rate rises, an inverse yield curve, the global “contraction” status of the Wave, and the similarities between the current market environment and 1989 as highlighted by our risk model all clearly suggest that 2023 is likely to see economic collateral damage. Read more
Asset management Jan 01 2023 Viewpoint Three reasons to invest in emerging market equities After a decade of underperformance, we believe emerging market equities are set for a brighter next chapter and any further short-term pain will be outweighed by the opportunity for longer-term gain. Here are three reasons why: Read more