TwentyFour Mar 22 2022 TwentyFour Blog Powell confirms Fed pivot is complete Officially the Fed pivoted from its ‘transitory’ inflation rhetoric in December last year. Read more
TwentyFour Mar 21 2022 TwentyFour Blog Is there enough of an ESG premium in EM? Russia’s invasion of Ukraine has triggered fresh debate about ESG considerations in fixed income, particularly when it comes to emerging markets assets. Read more
TwentyFour Mar 18 2022 TwentyFour Blog BoE sounds caution on the real economy The hawkishness of the Fed on Wednesday paved the way for the Bank of England (BoE) to follow suit. Read more
TwentyFour Mar 17 2022 TwentyFour Blog Wave of inflation means companies will sink or swim on pricing power Soaring inflation was already a dominant theme for markets coming into 2022. The sanctions imposed on Russia in response to its invasion of Ukraine have only exacerbated its expected rise, and pushed its expected peak further out. Read more
Quality Growth Boutique Mar 17 2022 Viewpoint The Road is Long – Navigating through Inflation and Uncertainty Central banks must temper inflation at a time of geopolitical crisis, historically high valuations, slowing economic growth, declining equity markets, and a flattening yield curve – clearly not an environment for the faint of heart. Quality growth stocks, relative winners during times of persistent inflation, can be a portfolio stabilizer in challenging times. Read more
TwentyFour Mar 16 2022 TwentyFour Blog FOMC: Central bankers face conundrum on inflation and growth The much-anticipated March FOMC meeting is finally upon us, and given there was no meeting in February investors will be very glad of this window into the Fed’s thinking, particularly given the ongoing and far-reaching economic ramifications of Russia’s invasion of Ukraine. Read more
TwentyFour Mar 14 2022 TwentyFour Blog Investors face conundrum on government bond allocations We think a base case that central banks will follow a more measured monetary policy path than markets are currently pricing in is reasonable given the current backdrop. Read more
TwentyFour Mar 10 2022 Viewpoint Where do fixed income investors go from here? Global bond markets have moved sharply in the wake of Russia’s invasion of Ukraine as investors have tried to assess the impact of an unprecedented raft of financial and economic sanctions. Read more
Asset management Mar 10 2022 Vontobel Now Podcast What is the geopolitical impact of the war in Ukraine? Join Vontobel’s Dan Scott and Benno Zogg, Eastern Europe Expert and Senior Researcher and Team Leader, Center for Security Studies, ETH, Zurich, to better understand the geopolitical consequences of the conflict and how asset allocation could be reshaped in response. What’s the potential impact on military and economic security, and on energy policies? How could portfolios adapt? Listen now
Quantitative Investments Mar 10 2022 Viewpoint Energy, metal, and grain prices spike after Putin’s aggression With Vladimir Putin’s designs on Ukraine now becoming apparent, western importers of Russian energy, grains, and metals are wondering what’s in store for them. To nobody’s surprise, commodity prices have risen to new record highs, contrasting the downturn on equity markets. Europe must prepare for another inflationary shock – and more human suffering. Read more
Quality Growth Boutique Mar 10 2022 Viewpoint Accessing Quality American Businesses You Won’t Find in the S&P 500 What do Tiffany jewelry, Gerber baby food, and Milwaukee power tools have in common? They are all iconic American consumer brands owned by non-US based companies. In our view, US index funds and active managers that invest only in US-based companies are missing out on some American gems. Read more
Quality Growth Boutique Mar 09 2022 Viewpoint A steady hand in volatile markets What does Russia’s invasion of Ukraine portend for China and Taiwan? How do you identify quality companies amid unpredictable regulatory and political environments? How should you consider absolute risks on a country level? Cheryl Gedvila, Client Portfolio Manager, addresses these difficult questions to help investors navigate markets today. Read more