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page
Insight Article  •  08-Feb-2023

Going Long on Talent 

Seema Hingorani
Now more than ever, asset managers are waking up to the critical role that talent retention plays in building long-term success. In this piece, Seema Hingorani, Managing Director and Strategic Client and Talent Engagement Lead, explores the talent-retention challenges and opportunities that exist in the industry today, while also examining the specific steps that can be taken to nurture talent, while promoting a more diverse and inclusive workplace.

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Caron's Corner  •  06-Feb-2023  •  14:07 Min

The Soft-Landing Super Bowl: Here’s Our Playbook 

Jim Caron
Jim Caron, Co-Lead Global Portfolio Manager and Co-Chief Investment Officer, Global Balanced Risk Control Team, shares his macro thematic views on key market drivers.

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Media Appearance  •  03-Feb-2023

Morgan Stanley Capital Partners recognized by Inc. as a Top 50 Founder-Friendly Private Equity Firm  

Morgan Stanley Capital Partners
Inc.'s annual list of founder-friendly private equity firms shines a light on firms that have had success supporting founder-led companies.

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The Big Picture  •  02-Feb-2023

Key Themes for 2023 

Jitania Kandhari
Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group; Head of Macro & Thematic Research, Emerging Markets; Portfolio Manager, AIA, outlines her Key Themes for 2023.

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Caron's Corner  •  01-Feb-2023  •  8:08 Min

Fed Recap: The Song Remains the Same, but the End Is Near 

Jim Caron
Jim Caron, Co-Lead Global Portfolio Manager and Co-Chief Investment Officer, Global Balanced Risk Control Team, shares his macro thematic views on key market drivers.

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Sustainable Investing  •  31-Jan-2023

Key Fixed Income ESG Considerations for 2023 

Barbara Calvi
While the Fixed Income team expects macro headwinds will continue to have an impact in 2023, a rebounding sustainable bond market can continue feeding opportunities for fixed income investors.

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Global Fixed Income Bulletin  •  31-Jan-2023

European Short Duration: An asset class for an uncertain world 

Broad Markets Fixed Income Team
The prospect of less hawkish central bank policy should be supportive for short duration assets in 2023, according to the Broad Markets Fixed Income Team. They explore in this new whitepaper.

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Caron's Corner  •  30-Jan-2023  •  13:13 Min

This Week’s Fed Meeting: What Words will Move Markets? 

Jim Caron
Jim Caron, Co-Lead Global Portfolio Manager and Co-Chief Investment Officer, Global Balanced Risk Control Team, shares his macro thematic views on key market drivers.

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Insight Article  •  26-Jan-2023

Private Equity Climate Investing, the Year Ahead 

Vikram Raju
In this piece, Vikram Raju, Head of Climate Investing for Morgan Stanley Private Credit and Equity, discusses key trends in carbon impact for 2023 and beyond. limited partners can access the attractive return profile offered by the space.

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Global Equity Observer  •  26-Jan-2023

The Multiple's Gone. Are Earnings Next? 

Bruno Paulson
Despite an anticipated recession, forward earnings estimates remain remarkably healthy. But, asks Bruno Paulson, is earnings pain on the way?

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Sustainable Investing  •  25-Jan-2023

Push and Pull Factors Drive the Evolution of Sustainable Investing in Private Markets 

Vikram Raju, Navindu Katugampola, Alice Vilma
The importance of sustainability continues to increase in the private markets. Here we examine the factors, such as government legislation and client preferences, that are driving the change and evolution towards better sustainable investing practices.

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Insight Article  •  25-Jan-2023

Listed Infrastructure has Potential for Resilient Earnings, Strong Cash Flow 

Matthew King
The MSIM Global Listed Real Assets Team explores how even in the likliehood of economic downturn in 2023, listed infrastruture is expected to have resillient earnings, strong cash flow, and unimpacted capital programs.

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Caron's Corner  •  23-Jan-2023  •  13:51 Min

The Arrival of Long and Variable Lags: How We’re Investing 

Jim Caron
Jim Caron, Co-Lead Global Portfolio Manager and Co-Chief Investment Officer, Global Balanced Risk Control Team, shares his macro thematic views on key market drivers.

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Caron's Corner  •  17-Jan-2023  •  13:37 Min

"Risk-on" Is a Misunderstood Risk that Needs To Be Hedged 

Jim Caron
Jim Caron, Co-Lead Global Portfolio Manager and Co-Chief Investment Officer, Global Balanced Risk Control Team, shares his macro thematic views on key market drivers.

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Insight Article  •  12-Jan-2023

ESG, Lending Recovery, and Data Growth Have Potential to Fuel REITs 

Laurel Durkay
The MSIM Global Listed Real Assets Team explores how a possible recovery in the credit market during 2023 can fuel M&A activity and favorable REIT returns.

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Caron's Corner  •  09-Jan-2023  •  11:56 Min

2023 Will Feel Worse on Main Street than Wall Street 

Jim Caron
Jim Caron, Co-Lead Global Portfolio Manager and Co-Chief Investment Officer, Global Balanced Risk Control Team, shares his macro thematic views on key market drivers.

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Insight Article  •  09-Jan-2023

Rebalancing Acts 

Andrew Harmstone, Jim Caron
The Global Balanced Risk Control team discuss the three key trends they foresee for 2023 and the investment implications.

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Insight Video  •  06-Jan-2023

2023: Rebalancing in a Year of Transition - Video 

Jim Caron
Jim Caron, co-chief investment officer of the Global Balanced Risk Control team, shares his views on markets and discusses portfolio positioning.

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Takeaways & Key Expectations  •  06-Jan-2023

Equity Market Commentary - January 2023 

Andrew Slimmon
In his January TAKE, Senior Portfolio Manager Andrew Slimmon provides 5 investment ideas for 2023.

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PATH  •  05-Jan-2023

Transitional year for energy markets 

Andrew Harmstone, Manfred Hui
We expect a transitional year for energy, with higher oil and gas prices leading to some market rebalancing after disruptions last year. These energy dynamics are key to the inflation story, which in turn is likely to determine asset performance in 2023.

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Global Fixed Income Bulletin  •  31-Dec-2022

2022: Good-Bye, Farewell, Amen! 

Global Fixed Income Team
From a bond market perspective, 2023 starts in a stronger, more secure place. Yields are materially higher and spreads wider, suggesting much better 2023 performance. The Fixed Income Team explains.

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Global Equity Observer  •  23-Dec-2022

When Money Isn't Free 

Anton Kryachok
As higher interest rates make it harder to engineer growth through debt, we think the relative value of businesses that can grow organically should only go up. Learn how our companies are better placed to use their balance sheet resilience to enhance their competitive positions, increase the sustainability of return on operating capital employed (ROOCE) and drive steady, predictable growth.

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The Big Picture  •  21-Dec-2022

Emerging Markets: Stepping Into the Spotlight 

Jitania Kandhari
After lagging the developed economies for more than a decade, emerging markets are in a much stronger position to outperform developed countries in the decade ahead. Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group, explains.

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Insight Article  •  20-Dec-2022

Hybrid/Opportunistic Funds Offer Risk-Adjusted Returns 

David Frechette, Patrick Reid
In this paper, we examine some of the opportunities offered through private hybrid/opportunistic funds to lessen the impact of current market challenges.

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Caron's Corner  •  19-Dec-2022  •  12:33 Min

Red Light, Green Light, Yellow Light: Risks and Fat-Tails in 2023. 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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Global Fixed Income Bulletin  •  15-Dec-2022

An Early Holiday Present 

Global Fixed Income Team
Whether or not November's bond rally can continue will be determined by data. In the interim, the Fixed Income Team thinks investors should enjoy the early holiday present.

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2023 Outlooks  •  14-Dec-2022

2023 Investment Outlook 

Morgan Stanley Investment Management
In our 2023 outlook, our macro strategists and investment managers across equity, fixed income and alternative asset classes share their diverse views on key themes, where they think markets are headed after a turbulent year, and how they are positioning their respective strategies.

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Caron's Corner  •  14-Dec-2022  •  11:29 Min

Fed Recap: No Country for Old Doves, Just Hawks, No Chickens 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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Consilient Observer  •  14-Dec-2022

Capital Allocation 

Michael Mauboussin, Dan Callahan
Capital allocation is a key job of management, but not all know how to allocate effectively. In this report, we establish the foundation by reviewing the sources and uses of capital and then show how U.S. companies have allocated capital since 1985. Next, we review the alternatives in detail, including intangible investments, and offer a guide for thinking about the prospects for value creation. We finish with a framework for assessing a company’s capital allocation skills.

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Sustainable Investing  •  12-Dec-2022

Fixed Income 2022 Engagement Report 

Rachel Smith, Barbara Calvi
In its annual Engagement Report, the Fixed Income Team provides insights on how they are engaging with companies, governments and other organisations on Environmental, Social and Governance (ESG) issues. 

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Engagement Report  •  12-Dec-2022

Engage Autumn 2022 

International Equity Team
The latest edition of Engage, the International Equity Team’s semi-annual update on their ESG engagement activity.

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Caron's Corner  •  12-Dec-2022  •  9:56 Min

The Important Differences Between Market Pricing and Fed Expectations 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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Insight Article  •  08-Dec-2022

The REIT Opportunity Today 

Laurel Durkay
The MSIM Global Listed Real Assets Team explores why real estate values in the public markets have suffered year to date and why the value of REITs should be more stable and create significant opportunities in the coming year.

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Caron's Corner  •  05-Dec-2022  •  9:52 Min

Bucking the 2023 Consensus Expectations. But When? 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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PATH  •  05-Dec-2022

Relative developed market labour resilience, despite slower growth 

Andrew Harmstone, Manfred Hui
The U.S. labour market post-Covid imbalance appears to be starting to normalise. In contrast, Europe’s labour market appears tighter, with wage growth increasing the risk of persistent core inflation. We discuss these dynamics and what they mean for growth and positioning.

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Insight Article  •  30-Nov-2022

Insights Blog: Five Findings from COP27 with Vikram Raju 

Vikram Raju
In this piece Vikram Raju, Head of Climate Investing for Morgan Stanley Private Markets, discusses five key findings from the 27th Conference of the Parties of the United Nations Framework Convention on Climate Change ("UNFCC COP27" or "COP27").

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Takeaways & Key Expectations  •  30-Nov-2022

Equity Market Commentary - November 2022 

Andrew Slimmon
In his Novermber TAKE, Senior Portfolio Manager Andrew Slimmon looks ahead to 2023.

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Global Equity Observer  •  29-Nov-2022

The Power of Premium Pricing over Private Label 

Nic Sochovsky, Alistair Corden-Lloyd
In the current climate of rising prices and a global squeeze on the cost of living, do big brands face the risk of consumers “trading down”? The International Equity Team discusses why price perception matters, and the power of cues to influence decision making.

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Caron's Corner  •  28-Nov-2022  •  9:13 Min

Assets Are Rallying, but Is the Market Getting It Wrong? 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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Tales From the Emerging World  •  22-Nov-2022

Mining for a Greener Future 

Eric Carlson, Candy Chao
Mining companies have had a terrible environmental reputation in the past, but recent efforts show how the industry can implement sustainable initiatives. Investors are now focusing on companies that have practical decarbonization pathways to help lower emissions over the next three to five years. Eric Carlson and Candy Chao explore.

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Global Fixed Income Bulletin  •  17-Nov-2022

Dazed and Confused 

Global Fixed Income Team
Bond markets were a bit more orderly in October than the mayhem experienced in September. That said, markets were still mixed, and investors could be excused for feeling a bit dazed and confused with regards to volatility, dispersion of returns, illiquidity, central bank policies and deciphering how to determine value.

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Caron's Corner  •  14-Nov-2022  •  16:24 Min

A Bear Market Rally or the Start of Something Bigger? 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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Market Alert  •  14-Nov-2022  •  4:55 Min

Market Alert with Andrew Slimmon 

Andrew Slimmon
Andrew Slimmon, Head of the Applied Equity Advisors Team, offers a timely perspective on what is shaping the markets now as well as insights on investment opportunities and risk within global equities. Listen to his Market Alert.

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Insight Article  •  09-Nov-2022

Morgan Stanley's Markle Sees Co-Investment Silver Lining in Slower Market 

Neha Markle
In this piece originally published by the Wall Street Journal Pro, Neha Champaneria Markle, head of private- markets fund-of-funds investing, says slowing deal making and rising debt costs can benefit co-investors like Morgan Stanley.

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Tales From the Emerging World  •  09-Nov-2022

Vietnam's Emerging Consumer Class 

Steven Quattry
Vietnam’s large, young and tech-savvy middle class, makes it one of a few countries to benefit from globalizing in a deglobalizing world and usher in the next generation of investments in emerging markets. Steve Quattry and Jorge Chirino explain.

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Consilient Observer  •  09-Nov-2022

ROIC and Intangible Assets 

Michael Mauboussin, Dan Callahan
We extend the analysis from our recent report, “Return on Invested Capital,” by adjusting ROIC for all companies to reflect intangible investment. While the median and aggregate ROIC for the adjusted figures is similar to the traditional one, the main result is that extremely high and low ROICs regress toward the mean. We believe these adjustments represent a step toward a more accurate view of the magnitude and return on investment.

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Caron's Corner  •  07-Nov-2022  •  13:29 Min

Three Burning Questions Light the Recession Fuse 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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Insight Article  •  04-Nov-2022

Overcoming Behavioral Biases: The Importance of Our Proprietary Portfolio Exercises 

All humans have behavioral biases, those blind spots that can impact decision-making. To address investment bias, the Eaton Vance Equity Group has integrated proprietary Portfolio Exercises into their investment process, a differentiator in the way they manage money and an important element of their success.

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PATH  •  03-Nov-2022

Services Inflation: Higher Hurdle for Further Upside 

Andrew Harmstone, Manfred Hui
As supply-chain constraints ease and goods inflation normalises, many expect US inflation to fall--but pressure remains elevated in services due to tight labour market conditions. Read how these continued headwinds are impacting our positioning.

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Caron's Corner  •  02-Nov-2022  •  12:26 Min

FOMC Recap: A Dovish Tease - but an Overarching Hawkish Reality 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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Insight Article  •  01-Nov-2022

Managed Futures: A Primer 

Patrick T. Egan
In this primer, we provide a fundamental overview of managed futures investment strategies. What are managed futures and how are they differentiated from other strategies?

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Insight Article  •  01-Nov-2022

The ABCs of Private Equity GP Stakes 

Michael Shedosky, Brian Farrell
In this primer, we will discuss the basis of what a GP stake is, the private equity industry dynamics that make this style of investing appealing, and the ways in which limited partners can access the attractive return profile offered by the space.

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Insight Article  •  01-Nov-2022

Managed Futures as a Potential Solution to Market Volatility 

Patrick T. Egan
In periods of volatility, investors may be looking for an alternative investment which may not only provide potential mitigation from the effects of market fluctuations, but also potentially capitalize on this increase in volatility.

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Insight Article  •  31-Oct-2022

MSIM Forward for October 2022 

We believe times like these underscore the value of active management — carefully assessing the fluctuations driven by all kinds of disruptions, and taking dynamic actions that best serve the long-term interests of our clients.

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Global Equity Observer  •  31-Oct-2022

Superpowers to the Rescue? 

Bruno Paulson
If the current good times for corporates turn into tough times, the International Equity team believes the twin superpowers of pricing power and recurring revenues will be essential. Bruno Paulson explains.

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Caron's Corner  •  31-Oct-2022  •  13:26 Min

2023: A Year of Long and Variable Lags 

Jim Caron
Jim Caron, Senior Advisor for the Fixed Income Team, shares his macro thematic views on key market drivers.

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Global Fixed Income Bulletin  •  27-Oct-2022

Putting Income Back into Fixed Income 

Global Fixed Income Team
The bond market rout continued in September, which would have been even worse without a substantial rally over the last three days of the month. The Fixed Income team shares its thoughts.

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Media Appearance  •  24-Oct-2022  •  26:19 Min

Morgan Stanley Real Estate Investing Co-CEO Lauren Hochfelder on Bisnow Reports 

Lauren Hochfelder
Lauren Hochfelder participated in a podcast on Bisnow discussing the macroeconomic environment, the shifts in Morgan Stanley’s real estate portfolio since the Global Financial Crisis and how the real estate industry as a whole may have to change the way it makes money.

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Insight Article  •  21-Oct-2022

Climate Change is Here… And So Is the Need to Embrace Sustainability in Real Estate 

Laurel Durkay, Mona Benisi
The MSIM Global Listed Real Assets Team explores why investing sustainably matters in real estate, who is setting the priorities for sustainability, how we integrate ESG into real estate investing and where we see sustainability trends evolving.

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Insight Article  •  20-Oct-2022

Managing Inflation Risk through Improved Portfolio Optimization 

Portfolio Solutions Group
For sophisticated investors seeking to manage inflation and growth surprises, a refined portfolio approach that optimizes inflation hedging and incorporates investor preferences may be particularly effective.

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Investment Insight  •  20-Oct-2022

Where to Next: A Framework for Resilience 

AIP Private Markets Team
The AIP Private Markets team highlights their framework for selecting resilient companies with strong value creation prospects.

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Insight Article  •  18-Oct-2022

Growth vs. Value: Interest Rates as a Driver of Style-Relative Performance 

Portfolio Solutions Group
The Portfolio Solutions Group offers their perspective on interest-rate shifts as a driver of both performance and valuation differentials between Growth and Value equity styles.

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Caron's Corner  •  17-Oct-2022  •  11:12 Min

Are We There Yet? No! But Not All the News Is Bad 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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Insight Article  •  13-Oct-2022

Alternative Lending Through the Cycle 

Kenneth Michlitsch
As fintech alternative lending grew into a new asset class, investors wondered how these loans might perform in an economic downturn. We've now seen their fundamental resilience.

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Caron's Corner  •  10-Oct-2022  •  11:27 Min

R.I.P. Cycle, Part 3: Markets, Meet Your (Policy) Maker 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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Takeaways & Key Expectations  •  10-Oct-2022

Equity Market Commentary - October 2022 

Andrew Slimmon
Senior portfolio manager Andrew Slimmon posits there is a greater than 50% chance that the S&P 500 has already hit the low for 2022 and the economy will prove to be more resilient than the bears predict. In his October TAKE, Andrew offers compelling reasons for this call, as well as some arguments against.

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PATH  •  06-Oct-2022

Energy Crisis: The Power of Positioning 

Andrew Harmstone, Manfred Hui
The energy crisis is having differing impacts on net energy importers and exporters. We discuss the implications for currencies, bonds and tactical positioning.

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Consilient Observer  •  06-Oct-2022

Return on Invested Capital 

Michael Mauboussin, Dan Callahan
We discuss how to calculate return on invested capital (ROIC) and show how it is connected to free cash flow, economic profit, and growth. We work through the challenges in estimating it, present empirical data, review how adjusting for intangible investments can reshape the figures, and include a case study.

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Caron's Corner  •  03-Oct-2022  •  6:30 Min

The R.I.P. Cycle, Part 2: Credit Risk 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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Insight Article  •  01-Oct-2022

Biodiversity Loss and the Implications for Investors 

Andrew Harmstone, Li Zhang, Chiara Sirani
With society at large reliant on natural resources, biodiversity loss can have a devastating social and economic cost. Companies across many sectors are at risk. The Global Balanced Risk Control team discusses why investors should pay attention to companies’ impact on biodiversity loss and what they can do to drive positive change.

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Tales From the Emerging World  •  29-Sep-2022

Brazil: Restoring the Fiscal Anchor Is Key 

Eric Carlson, Jitania Kandhari, Eduardo Wisbrun
The Achilles heel of Brazil is its fiscal situation. Once past this inflation cycle, Brazil’s economy should grow based on private sector investment, thriving agricultural and commodity sectors and a credible central bank. But restoring the fiscal anchor will be the primary economic challenge for the upcoming administration.

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Insight Article  •  28-Sep-2022

Earnings Era: Future Performance in Private Equity  

TJ Halbertsma, Patrick Reid, Andreas Esau
The current critical markets juncture means that investors allocating to private equity are faced with crucial considerations when evaluating opportunities. In this paper, we discuss the key factors to examine and the characteristics to look for in a manager.

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Global Equity Observer  •  27-Sep-2022

Access Active 

Bruno Paulson, Laura Bottega
As earnings resilience and pricing power become ever-more significant in a world of rising rates, inflation, regulation and the energy crisis, the International Equity Team explains why they believe their active approach is more important than ever.

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Caron's Corner  •  26-Sep-2022  •  10:20 Min

The Vicious Cycle of Rates and Currencies - Where Does it End? 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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Global Fixed Income Bulletin  •  22-Sep-2022

Snap Back to Reality 

Global Fixed Income Team
August ended the summer flirtation with bull market dreams. After strong recoveries in July, bond markets turned down once again in August, generating large negative returns. Yields, spreads, and equities have not (at least yet) returned to their June nadir.

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Market Pulse  •  21-Sep-2022

Inflation May Be Peaking in the U.S. What about the Rest of the World? 

Jim Caron
Inflation could reverse a downward course based on changes in supply chains or labor shortages, keeping it higher than target levels, and for longer than expected, explains Jim Caron, Portfolio Manager and Chief Fixed Income Strategist.

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Caron's Corner  •  21-Sep-2022  •  10:18 Min

The Fed Tries to Get Ahead of the Market 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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Caron's Corner  •  19-Sep-2022  •  15:51 Min

The Strategy for Fixed Income as Yields Rise 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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Consilient Observer  •  15-Sep-2022

Market Share 

Michael Mauboussin, Dan Callahan
We examine whether a study of market share and related concepts can help us determine if a company has a sustainable competitive advantage. This takes us on a journey that includes life cycles, market share, concentration, markups, intangibles, and "superstars". We study the link between some of these variables and return on investment and provide some analytical tools along the way. We finish with some case studies to see how these ideas apply to a handful of industries.

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Caron's Corner  •  12-Sep-2022  •  14:48 Min

Rates Are Rising and Inflation Is Peaking. Is it Time to Buy Bonds? 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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PATH  •  08-Sep-2022

No Easy Fix 

Andrew Harmstone, Manfred Hui
The conundrum faced by central banks continues as they seek to control inflation, at the risk of pushing economies into recession. The Global Balanced Risk Control team discuss the investment implications and tactical allocations to navigate this complex environment.

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Market Alert  •  07-Sep-2022  •  4:22 Min

Market Alert with Andrew Slimmon 

Andrew Slimmon
Andrew Slimmon, Head of the Applied Equity Advisors Team, offers a timely perspective on what is shaping the markets now as well as insights on investment opportunities and risk within global equities. Listen to his Market Alert.

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Caron's Corner  •  06-Sep-2022  •  13:12 Min

Is the Market Pricing Something Different than the Fed Is Saying? 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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Inflation  •  01-Sep-2022

Key Themes for 2022 – Video 

Jitania Kandhari
What are the key investment trends as 2022 continues to unfold amid geopolitical tensions, rising inflation and slowing global growth?

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Caron's Corner  •  29-Aug-2022  •  14:51 Min

R.I.P. Cycle: Recession, Inflation and Policy Risks Are at Odds with Each Other 

Jim Caron
Jim Caron, Portfolio Manager and Chief Fixed Income Strategist, shares his macro thematic views on key market drivers.

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Global Fixed Income Bulletin  •  25-Aug-2022

Oh no, it’s too hot, no wait, it’s too cold, no, it’s actually too hot! 

Global Fixed Income Team
After a horrendous June, bond and credit markets reversed course dramatically in July, generating exceptionally strong performance while also being the first positive return month of the year! The Fixed Income team shares its thoughts.

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Takeaways & Key Expectations  •  24-Aug-2022

Equity Market Commentary - August 2022 

Andrew Slimmon
The epic battle between bulls and bears has raged throughout 2022. In his August TAKE, senior portfolio manager Andrew Slimmon makes the case that Mr. Market may be showing signs of optimism while Wall Street strategists remain overwhelmingly pessimistic.

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Global Equity Observer  •  22-Aug-2022

Proxy Voting – Nudging Progress 

Vladimir Demine, Candida de Silva
Proxy voting is both a privilege and a responsibility. With increased attention paid to it by company boards and management, Vladimir Demine discusses the role proxy voting can play in enhancing long-term investment returns, and the challenges to effective voting that remain.

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The Big Picture  •  22-Aug-2022

China’s Geopolitical Aspirations and Challenges 

Jitania Kandhari
"China’s spectacular economic growth has remade the geopolitical landscape and created tensions with the U.S. But the country’s internal and external challenges will limit Beijing’s ambitions. Investors will be on the edge," explains Jitania Kandhari, Head of Macro and Thematic Research for Emerging Markets Equity Team.

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PATH  •  09-Aug-2022

Bear Market Rally? 

Andrew Harmstone, Manfred Hui
Evidence suggest that the recent strength in developed markets may just be a bear market rally with further downside potentially on the way. Here is how the GBaR team think about investment allocation to reflect the outlook.

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Resilience  •  08-Aug-2022

Long Short Equity Strategies: "Hedging" Your Bets 

Eric Stampfel
Amid the market uncertainty caused by the COVID-19 pandemic, investors may be seeking ways to add resilience to their portfolios. Long-short equity strategies have the potential to deliver steady returns in volatile markets.