Search results for 'uncertainty'

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Global Equity Investor insight | May 2025
Monthly update on the global equity market from Jeremy Richardson.
The tailwinds for alternative fixed income strategies in emerging market debt
How different EM alternative strategies can offer investors a way to capitalise on market inefficiencies.
Is this the end of US exceptionalism?
Spread compression reflects improving fundamentals and a realisation that Europe can offer a more attractive hunting ground for credit investors.
European bond markets: five musings from March
As we reach month end, Neil Mehta, Portfolio Manager, provides small pieces that make up the big picture in European macro and fixed income markets.
Brazil: a changing landscape for private credit
We discuss a recent trip to Brazil, one of the larger markets in private credit, where we continue to see demand for capital.
Joy, despair and the road in between
US policy uncertainty is making it difficult to implement medium-term plans, and this is weighing on business confidence and hindering investment.
I know what you did last summer….added alpha in CLOs
We actively added high-quality European CLOs in the primary market this summer, leveraging the market dislocation to generate alpha.
TACO Trump is likely to fight back
At a time when market direction is less certain, it strikes us that curve trades offer a better potential reward than duration trades at this point.
Market Views 2025
Trump 2.0: the themes driving EM Debt
We discuss why emerging markets reacted as expected to Trump’s stunning win, and highlight three key themes shaping the outlook for EM fixed income.
No hero for Net Zero
The US government shutdown continues and with air travel now affected, there are fears that the economic drag may start to escalate.
High yield markets: staying focused in an ever-changing world
We discuss our views on key themes, pressure points in global high yield markets, and the outlook for the rest of the year.
European bond markets: five musings from April
As we reach month end, Neil Mehta, Portfolio Manager, provides small pieces that make up the big picture in European macro and fixed income markets.
Special situations: a favourable backdrop for European event-driven credit
With the second half of the year well underway, we look at distressed activity over the summer and the ongoing market opportunity in the asset class.
European bond markets: five musings from January
As we reach month end, Neil Mehta, Portfolio Manager, provides small pieces that make up the big picture in European macro and fixed income markets.
A White House comeback: our US fixed income perspective
The scale of the Republican win has taken markets by surprise. We look at potential regulatory changes, Europe’s reaction and Trump tariffs on China.
5-D chess
Recent newsflow shows why the Fed can’t get pulled into a guessing game of the economy’s direction, based on survey indicators & policy announcements.
Little to celebrate on Liberation Day
European policymakers are readying robust countermeasures to US tariffs, while the Chancellor’s Spring Statement caused a stir in the UK.
Over-Cooked?
Trump’s firing of Fed governor Lisa Cook was the big news of the week, while in France, Bayrou made a decision to call for a Vote of Confidence.
Trump’s tariff tango
Many investors had taken a complacent view ahead of Liberation Day, yet the outcome was a complex array of tariffs at various rates on a global basis.