CPD: Seeking stability

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At a time of sweeping geopolitical change and clear challenges for riskier assets, bond markets offer a source of stability. Key takeaways The world has entered a period of geopolitical

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CPD: Uncertainty is certain – cyclical outlook

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Key takeaways The change in U.S. leadership increases global economic uncertainty in 2025. The incoming administration’s protectionist proposals have the power to reshape trade relationships and alter economic dynamics worldwide.

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CPD: Cyclical outlook – securing the soft landing

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The fixed income outlook remains strong across multiple economic scenarios as the U.S. Federal Reserve joins other central banks in cutting interest rates. Key takeaways In the wake of pandemic

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CPD: Secular outlook – yield advantage

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The post-pandemic inflation shock and rate-hiking cycle produced a generational reset higher in bond yields, creating a compelling multiyear outlook for fixed income as inflation recedes and risks build in

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CPD: Diverging markets, diversified portfolios

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The global investment landscape is set to be transformed in the months ahead as the trajectories of major economies diverge more noticeably. Central banks, which tightened policy in unison to

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Navigating the descent

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The steepest interest-rate-hiking cycle in decades has set global economic activity on a course that remains difficult to map, making it especially important to respect risks and to look to

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Post Peak – weakness and divergence ahead

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Markets appear priced for a benign economic outcome that would be a historical rarity given current conditions. Higher bond yields offer resilience amid increasing risks to the global economy. The

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Secular stars – Why India and Indonesia are set to shine as global economic leaders

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In 2013, India and Indonesia were notoriously named among the so-called “Fragile Five” emerging market (EM) economies that depend heavily on foreign investment to finance growth[1]. A decade later, their

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Real estate reckoning

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We believe The best opportunities will arise in originating new loans and purchasing existing loans, adopting a broad approach to debt and targeting stressed assets in turbulent markets. Investors should

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Bonds have an important role to play in Australian investment portfolios

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Bond markets suffered one of their worst years in decades in 2022 as central banks, including the Federal Reserve (Fed) and Reserve Bank of Australia (RBA), hiked rates aggressively in

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