multi-asset

Multi-asset update: Shifting out of neutral on the yen ahead of more BoJ tests
We have shifted to a modest long position in the Japanese yen against the euro in our multi-asset portfolios. The...

Video – Identifying the four factors for 2023 asset allocations
Watch this quarterly video with Maya Bhandari, global head of multi-asset, and chief market strategist Daniel Morris as they discuss...

Talking heads – What is happening in liability-driven investing?
Sergey Pergamentsev, head of Institutional Structured Management in the Multi Asset Quantitative and Solutions team, and co-head of the Investment...

Asset allocation video – Recognising the appeal of investment-grade credit
A broad and volatile sell-off across equity and bond markets has left many investors in 60/40 portfolios wondering where to...

Asset allocation update – Adjusting our risk-taking views
In our multi-asset portfolios, we are using current market opportunities to make tactical adjustments. These changes reflect valuations as well...

Asset allocation highights – Adjusting to downside risks to earnings
Different factors have been driving the main equity markets: For US stocks, the question is whether rising real yields will...

Asset allocation monthly - Downside risks to earnings – especially in Europe
The tug of war between rising real yields and slowing earnings growth remains a feature of US equity markets, while...

Asset allocation video – Downside risks to earnings, especially in Europe
Expectations of persistent inflation leading to tighter central bank monetary policy are likely to continue to weigh on fixed income...

Talking heads - China to deliver on growth in 2022
In early March, Chinese policymakers announced economic growth of around 5.5% would be targeted for 2022. Since then, a number...

Talking heads - A new foreign exchange regime?
Foreign exchange (FX) markets can be viewed as a derivative asset in that they tend to be driven by volatility...

Asset allocation video – Running to catch up with inflation
Volatile swings in sentiment about the outcome of the conflict in Ukraine continue to sway markets. Inflation is still surprising...

Talking heads - The inflation revival
Inflation has bounced back vigorously from its pandemic-era lows: The headline rate for the US consumer price index has reached...