White papers

Having fallen behind other markets in the post-COVID rally due to a lack of direct central bank support, we believe European ABS is set to outperform other parts of fixed income in the coming months as supply wanes and investors look to pick up on what we think could be a compelling relative value opportunity.

Many emerging markets are more resilient to external shocks than in the past and can better withstand the pressures of a stronger US dollar. And so far, many EMs have been fairly conservative in their use of stimulus in response to Covid-19. This increases the potential for prosperous times ahead.

With developed-market yields remaining low, investors are finding income hard to come by. In this white paper, the Emerging Market Bonds team explains why emerging-market bonds offer opportunities for both income and performance, and where to find it.

How do you build the perfect portfolio? Portfolio construction is a little like gourmet cooking, where quality ingredients are combined to create a balanced meal. Portfolio Manager David Souccar reveals our view on what’s at the heart of that delicate balance between risk and return.

This video explains how CLOs are structured, how the process works for investors and what protections are in place for bondholders.

This video explains how TwentyFour’s unique ESG integration process works, and how our purpose-built relative value tool, Observatory, allows our portfolio managers to monitor bond issuers’ ESG credentials on a daily basis.

Count the defensive characteristics that make investors interested in global listed infrastructure: enormous pent-up demand; historically stable and predictable cash flows; inflation protected revenues; attractive yields; and the potential for capital appreciation. Our white paper gives you an intro to this attractive asset class.

COVID-19 has just rung in the next round of low yields prolonging the balancing act between risk and return for multi-asset investors. While traditional multi-asset strategies might struggle, their modern counterparts are highly adept at delivering on their promises of return generation and capital protection thanks to firm risk control, volatility targeting and unbiased decision-making.

Our lives have been turned upside down by the pandemic. While much has been written about the shift to digital and its impact, relatively little has been said about the wider long-term changes for investors post coronavirus. We see six challenges facing investors – and the inherent potential.