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consilient-observer audio
Consilient Observer  •  14-Jun-2024  •  49:31 Min

Counterpoint Global’s Michael Mauboussin on Capital Allocators: Pattern Recognition and Public Markets 

Michael Mouboussin
Michael Mauboussin and Ted Seides discuss the recent Consilient Observer article on pattern recognition, including when it works and when it doesn’t. They then transition to discussing the changing nature of public markets, inspired by another of Michael’s recent research reports, Birth, Death, and Wealth Creation. They examine which companies have had the largest stock market capitalizations and how that population has changed.

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takeaways-key-expectations page
Takeaways & Key Expectations  •  14-Jun-2024

Equity Market Commentary - June 2024 

Andrew Slimmon
In his June TAKE, Senior Portfolio Manager Andrew Slimmon discusses earnings revisions as a major driver of stock performance this year and talks about the importance of using highly active managers and avoiding closet indexers.

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global-fixed-income-bulletin page
Global Fixed Income Bulletin  •  14-Jun-2024

Lost in the Forest 

Broad Markets Fixed Income Team
Despite still high levels of growth and inflation (relative to targets), bond investors have become optimistic about future Fed policy. What is the impact on fixed income markets? The Broad Markets Fixed Income team explains.

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sustainable-investing engagement-report page
Engagement Report  •  13-Jun-2024

Emerging Markets Equity Annual Stewardship Report 2024 

Eric Carlson, Dana Phillips, Candy Chao, Harrison Jamin
Our Emerging Markets Equity annual stewardship report illustrates our proactive engagement with portfolio companies to navigate operating landscapes and assist them in their growth. Discover how we initiate progress in the global energy transition, tackle regulatory challenges and encourage greater corporate transparency and disclosures, especially with regards to executive compensation issues.

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page
Insight Article  •  12-Jun-2024

Growing Up and Out: The Impact of Aging Populations on Housing 

Morgan Stanley Real Estate Investing
While the fundamentals and investment thesis for senior housing are compelling, the subtleties of different care segments and the service-oriented nature of caring for elderly residents create operational risk, requiring a nuanced investment strategy and dedicated operating expertise.

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Insight Video  •  07-Jun-2024

Paying Resilience Forward: A Stock Story 

International Equity
Many of the companies that our International Equity team owns aren’t just resilient, but they develop products and services that help other companies build their resilience.

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beat page
Monthly  •  05-Jun-2024

The BEAT - June 2024 

Use The BEAT as your timely resource for this month’s markets. Each edition gives you ideas and insights that show you how to navigate the current investment environment.

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carons-corner audio
Caron's Corner  •  05-Jun-2024  •  7:04 Min

The BEAT for June – Our Key Themes and Top Trade Ideas 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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consilient-observer page
Consilient Observer  •  04-Jun-2024

Stock Market Concentration: How Much Is Too Much? 

Michael Mauboussin, Dan Callahan
Stock market concentration has risen sharply over the past decade, creating a tough environment for active managers. In this report, we look at concentration over the past 75 years to see where we stand. We review which companies have been the largest and how that has changed. We ask if there is a correct level of concentration by studying other global markets and by presenting the possibility it was too low before. We then examine whether corporate performance supports the current increase.

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Tales From the Emerging World  •  03-Jun-2024

Poland’s Quiet Convergence 

Eric Carlson, Ravi Jain
Poland, on the verge of bankruptcy when the Berlin Wall came down, has defied expectations to become a crucial manufacturing hub for western companies in Europe. Eric Carlson and Ravi Jain explore how the country became one of the most successful economies to emerge from the former Soviet bloc.

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audio
Media Appearance  •  31-May-2024  •  26:28 Min

Morgan Stanley Capital Partners’ Rohanjit Chaudhry on BDO Private Equity PErspectives: Driving Impactful Growth Despite the High Cost of Capital 

Rohanjit Chaudhry
Rohanjit Chaudhry, Executive Director of Morgan Stanley Capital Partners, joined BDO Private Equity PErspectives podcast to discuss how private equity continues to approach economic challenges, like the current high cost of capital, through a lens of cautious optimism

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video
Media Appearance  •  29-May-2024

Lauren Hochfelder on Bloomberg Surveillance Radio 

Lauren Hochfelder
Lauren Hochfelder, Co-Chief Executive Officer for Morgan Stanley Real Estate Investing, appears on Bloomberg Surveillance to discuss her outlook on commercial real estate and sectors where she sees potential opportunity.

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global-equity-observer page
Global Equity Observer  •  28-May-2024

The importance of discipline in the long game 

Anton Kryachok
In a market obsessed with chasing the next big thing, we make sure that companies’ valuations look justified by the underlying fundamentals, building a portfolio of those rare companies with the ability to compound at a high and sustainable return over the long term. Because while multiples have accounted for 85% of returns this quarter, over 20 years this falls to 4%. Meanwhile, earnings growth counts for much more – as much as 71% over 20 years. Compounding requires discipline and patience.

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carons-corner audio
Caron's Corner  •  28-May-2024  •  5:07 Min

Higher Risk, but Lower Volatility? We Are Tapping on the Brakes. . .for Now 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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page
Insight Article  •  23-May-2024

Navigating the Curve 

Fixed Income Team
In this piece, fixed income managers investing across the duration spectrum outline strategies for seeking higher current income and capital appreciation during this unusual yield curve inversion.

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big-picture page
Big Picture  •  21-May-2024

Emerging Markets: Stepping Into the Spotlight 

Jitania Kandhari
In this updated report, read how Emerging Markets are driven by more than just China. Emerging Market Equities look attractive with higher growth, reduced debt, and lower inflation. Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group and Head of Macro & Thematic Research, Emerging Markets explains.

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page
Media Appearance  •  16-May-2024

Lauren Hochfelder on Yahoo Finance: Morgan Stanley's Top Real Estate Investing 'Megatrends' 

Lauren Hochfelder
Lauren Hochfelder on Yahoo Finance: Morgan Stanley's Top Real Estate Investing 'Megatrends'

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global-fixed-income-bulletin page
Global Fixed Income Bulletin  •  13-May-2024

All Not So Quiet on the Western Front 

Broad Markets Fixed Income Team
The shift in expectations for rate cuts was felt across the world as yields rose in both the developed and emerging markets. The Broad Markets Fixed Income Team explores the impact on investors.

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alternatives page
Article Reprint  •  10-May-2024

How Morgan Stanley's David Miller dealt with stress 

David Miller
In this piece originally published by in Private Debt Investor, David Miller, Morgan Stanley's global head of private credit and equity discusses his background working for the Troubled Asset Relief Program, and the future ahead for Morgan Stanley Investment Management's private credit platform.

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page
Insight Article  •  09-May-2024

A New Management Approach for a New Market Regime 

Portfolio Solutions Group
In this paper, the Portfolio Solutions Group explains how they counter adverse impact to returns in this new regime through a new management approach with the goal of achieving stable target returns.

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tales-from-the-emerging-world page
Tales From the Emerging World  •  07-May-2024

China Inc.: A Changing Mindset 

Amay Hattangadi, Leon Sun, Jerry Peng
As Chinese corporations navigate the complexities of post COVID growth, Beijing is actively encouraging companies to increase dividend payments and embrace share buybacks, as part of government measures to make the capital markets more resilient. The focus on investor-friendly initiatives provides an opportunity for another look at Chinese stocks.

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beat page
Monthly  •  06-May-2024

The BEAT - May 2024 

Use The BEAT as your timely resource for this month’s markets. Each edition gives you ideas and insights that show you how to navigate the current investment environment.

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carons-corner audio
Caron's Corner  •  06-May-2024  •  6:17 Min

The BEAT for May – Our Key Themes and Top Ideas  

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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global-equity-observer page
Global Equity Observer  •  30-Apr-2024

Compound interest 

Bruno Paulson
A combination of ebullient and concentrated markets makes for a challenging investment environment, particularly in relative terms. The International Equity team’s response is to continue to think in absolute terms, be fussy on both quality and valuation, and look to compound over the long run.

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sustainable-investing page
Sustainable Investing  •  30-Apr-2024

2024 Stewardship Trends 

Robert Walker
As the 2024 proxy season kicks off, the Morgan Stanley Investment Management Global Stewardship Team highlights three key themes: Natural Capital and Biodiversity, Workers’ Rights, and Artificial Intelligence (AI) that we believe will be high on the agenda for investors.

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takeaways-key-expectations page
Takeaways & Key Expectations  •  29-Apr-2024

Equity Market Commentary - April 2024 

Andrew Slimmon
In his April TAKE, Senior Portfolio Manager Andrew Slimmon discusses investor behavior as pertaining to the puzzling swell in money market fund assets, and what Applied Equity Advisors is focused on during this earnings season.

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consilient-observer page
Consilient Observer  •  23-Apr-2024

Valuation Multiples: What They Miss, Why They Differ, and the Link to Fundamentals 

Michael Mauboussin, Dan Callahan
Most investors “price” the stocks of companies by using valuation multiples instead of “valuing” them based on future cash flows and fundamentals. We address what multiples miss and why they have become less informative. We examine how the two most popular multiples, P/E and EV/EBITDA, can provide different signals about a stock’s relative attractiveness. We then take a deep look at EV/EBITDA. We do not discourage the use of multiples, but users should understand the underlying value drivers.

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tales-from-the-emerging-world page
Tales From the Emerging World  •  22-Apr-2024

Weaving India’s Future: A Tapestry of Green and Grey Energy 

Eric Carlson, Candy Chao
India is undergoing a significant transformation to strike a balance between economic growth and sustainability, revamping its environmental reputation. India’s energy security and consumption growth is a significant investment theme for the coming decade as the country adds green capacity. Eric Carlson and Candy Chao explain.

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carons-corner audio
Caron's Corner  •  22-Apr-2024  •  5:24 Min

Duration: Friend or Foe? 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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page
Media Appearance  •  17-Apr-2024

Morgan Stanley Real Estate Investing: Lauren Hochfelder on CNBC's The Exchange - Video 

Lauren Hochfelder
Lauren Hochfelder discusses real estate opportunities and supply chain on CNBC's The Exchange.

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alternatives page
Article Reprint  •  17-Apr-2024

Re-writing the Playbook on Alignment 

Nash Waterman
Amid today’s environment and ongoing growth in GP-led deals, rolling carry and putting additional capital at risk are no longer enough to guarantee alignment, says Morgan Stanley Investment Management’s Nash Waterman.

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carons-corner audio
Caron's Corner  •  15-Apr-2024  •  7:33 Min

Chips and Dip: Geopolitical Risk, Volatility and Value 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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global-fixed-income-bulletin page
Global Fixed Income Bulletin  •  10-Apr-2024

We’ll take your word for it 

Broad Markets Fixed Income Team
Bonds seem to be much more attractive now than they were in early January. The Broad Markets Fixed Income Team explains.

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big-picture page
Big Picture  •  08-Apr-2024

Big Picture - Return of the 60/40 

Jitania Kandhari
In 2022, the 60/40 portfolio suffered its worst loss since 1937, prompting many market participants to question its value. Analyzing 200 years of data, Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group, evaluates the renewed relevance of the 60/40 portfolio.

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market-monitor page
Market Monitor  •  08-Apr-2024

Emerging Markets Debt Monitor – Q1 2024 

Emerging Markets Debt Team
In-depth review of fundamentals and valuations across emerging markets debt.

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market-monitor page
Market Monitor  •  08-Apr-2024

Floating-Rate Loan Market Monitor – Q1 2024 

Floating-Rate Loan Group
Insight on loan market fundamentals and the role of floating-rate loans within portfolios.

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big-picture video
Big Picture  •  08-Apr-2024

Video: Return of 60/40 

Jitania Kandhari
Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group; Head of Macro & Thematic Research, Emerging Markets; Portfolio Manager, Passport Equity, examines the return of the 60/40 portfolio strategy in 2024.

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tales-from-the-emerging-world page
Tales From the Emerging World  •  04-Apr-2024

The Value-Up Recipe for Re-Rating Korea 

Amay Hattangadi, Rose Kim
Will the Korean market’s current value proposition solidify into a lasting investment theme? Amay Hattangadi and Rose Kim examine Korea’s de-rating over the past two decades to determine whether now is time to engage in the Korea “value trade.”

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beat page
Monthly  •  03-Apr-2024

The BEAT - April 2024 

Use The BEAT as your timely resource for this month’s markets. Each edition gives you ideas and insights that show you how to navigate the current investment environment.

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carons-corner audio
Caron's Corner  •  02-Apr-2024  •  8:23 Min

The BEAT for April: Our Top Themes - and One Major Allocation Change 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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big-picture video
Big Picture  •  01-Apr-2024

Video: Oil. Underappreciated, Underinvested and Undervalued 

Jitania Kandhari
Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group; Head of Macro & Thematic Research, Emerging Markets; Portfolio Manager, Passport Equity, believes oil is an underappreciated, underinvested and undervalued commodity in 2024.

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sustainable-investing page
Sustainable Investing  •  01-Apr-2024

An equity approach that seeks to deliver an attractive return journey for clients 

Amay Hattangadi, Leon Sun, Jerry Peng
The Eaton Vance Equity Global Team seeks to illustrate the merits of a "sustainable" equity investing approach.

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global-equity-observer page
Global Equity Observer  •  26-Mar-2024

Quality is worth the wait 

William Lock
From understanding how to pick great companies to the secret of longevity in the investment business, William Lock shares 10 lessons learned from 30 years of investing in high-quality companies that are able to sustainably compound capital over the long term—providing clients with attractive long-term returns.

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carons-corner audio
Caron's Corner  •  25-Mar-2024  •  8:35 Min

Take a Walk on the Supply Side 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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big-picture video
Big Picture  •  21-Mar-2024

Video: Ten Key Themes for 2024 

Jitania Kandhari
Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group; Head of Macro & Thematic Research, Emerging Markets; Portfolio Manager, Passport Equity, outlines her Ten Key Themes for 2024.

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Insight audio  •  19-Mar-2024  •  38:57 Min

Lauren Hochfelder on Investment Wars: Do Recent Disruptions in the Real Estate Sector Create Opportunity in 2024? 

Lauren Hochfelder
Lauren Hochfelder, Co-Chief Executive Officer for Morgan Stanley Real Estate Investing, appears on Investment Wars to discuss major disruptions and trends in the commercial real estate market.

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page
Insight Article  •  14-Mar-2024

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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Global Fixed Income Bulletin  •  12-Mar-2024

Decision Time 

Broad Markets Fixed Income Team
Yields were broadly higher across the globe in February, as market participants recalibrated their expectations for rate cuts this year. The Broad Markets Fixed Income Team explores the impact on markets.

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takeaways-key-expectations page
Takeaways & Key Expectations  •  07-Mar-2024

Equity Market Commentary - March 2024 

Andrew Slimmon
In his March TAKE, Senior Portfolio Manager Andrew Slimmon shares his thoughts on recent market strength.

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beat page
Monthly  •  05-Mar-2024

The BEAT - March 2024 

Use The BEAT as your timely resource for this month’s markets. Each edition gives you ideas and insights that show you how to navigate the current investment environment.

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carons-corner audio
Caron's Corner  •  05-Mar-2024  •  6:58 Min

The BEAT for March: Top Ideas and Three Changes to Our Asset Allocations 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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page
Media Appearance  •  01-Mar-2024

Inside Saudi Arabia’s Plan to Move Past Oil, by Barron's Reshma Kapadia 

Amy Oldenburg
Morgan Stanley Investment Management’s Head of Emerging Markets Equity Amy Oldenburg was interviewed by Barron’s for their January cover story on investing in Saudi Arabia.

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sustainable-investing calvert page
Calvert  •  01-Mar-2024

Parity Beyond the Boardroom: Closing Diversity Gaps in the Corporate Pipeline 

Calvert Research and Management
In the third paper of our gender diversity series, we discuss one of the top remaining global gender issues: the gap in the corporate “talent pipeline” – where gender and ethnic representation at the board and employee levels is much higher than at the executive and senior management levels.

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consilient-observer page
Consilient Observer  •  28-Feb-2024

Cost of Capital and Capital Allocation: Investment in the Era of “Easy Money” 

Michael Mauboussin, Dan Callahan
We examine the counterintuitive behavior of U.S. public companies in the recent regime of “easy money” marked by below-average interest rates.

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global-equity-observer page
Global Equity Observer  •  27-Feb-2024

Driving Quality 

Bruno Paulson, Alistair Corden-Lloyd
Compounding is a powerful force—but what tells us whether a company might be a high quality compounder? We focus on return on operating capital employed (ROOCE) and gross margins. Companies with high ROOCE typically have high-margin and asset-light operations, while high gross margins generally reflect pricing power. These attributes indicate to us which companies are worth looking at more closely, and where we ought to be spending our time evaluating franchise durability.

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carons-corner audio
Caron's Corner  •  20-Feb-2024  •  6:17 Min

When Will Rising Bond Yields Matter for Stocks? 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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tales-from-the-emerging-world page
Tales From the Emerging World  •  20-Feb-2024

Taiwan's Silicon Shield  

Samson Hung
While geopolitical tensions and the U.S.-China chip war dominate the headlines, Taiwan’s semiconductor industry will benefit from sectors including artificial intelligence and electric vehicles. The chip industry is the silicon shield that protects Taiwan.

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sustainable-investing page
Sustainable Investing  •  16-Feb-2024

ESG Update 

Kristian Heugh, Marc Fox
The Global Opportunity team shares its annual update on integrating ESG within the investment process, the carbon intensity of the portfolios and company engagement activity.

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global-fixed-income-bulletin page
Global Fixed Income Bulletin  •  15-Feb-2024

Bonds Take a Breather? 

Broad Markets Fixed Income Team
After the bond market’s stunning fourth quarter performance it was not much of a surprise that bond yields went up. Where do they go from here? The Broad Market Fixed Income Team explores.

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page
Insight Article  •  15-Feb-2024

The Merits of Hedge Fund Co-Investments 

Jarrod Quigley
Hedge fund co-investments have an important role to play in client portfolios, explains AIP Hedge Fund Solutions Team Managing Director Jarrod Quigley.

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page
Insight Article  •  10-Feb-2024

Managed Futures: A Primer 

Srdjan Teslic, 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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takeaways-key-expectations page
Takeaways & Key Expectations  •  08-Feb-2024

Equity Market Commentary - February 2024 

Andrew Slimmon
In his February TAKE, Senior Portfolio Manager Andrew Slimmon shares his thoughts as we commence 2024.

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opportunity-optimum page
Opportunity Optimum  •  07-Feb-2024

The India Opportunity 

Kristian Heugh, Anil Agarwal, Marc Fox, Emily Tsui
The Global Opportunity Team believes India offers an attractive hunting ground to find ideas that meet our criteria for long-term value creation and explains the broad areas where we see opportunities.

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beat page
Monthly  •  06-Feb-2024

The BEAT - February 2024 

Use The BEAT as your timely resource for this month’s markets. Each edition gives you ideas and insights that show you how to navigate the current investment environment.

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carons-corner audio
Caron's Corner  •  05-Feb-2024  •  5:48 Min

The BEAT Monthly: Our Top Four Ideas 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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big-picture page
Big Picture  •  05-Feb-2024

Key Themes for 2024 

Jitania Kandhari
Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group; Head of Macro & Thematic Research, Emerging Markets; Portfolio Manager, Passport Equity, outlines her Key Themes for 2024.

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video
Media Appearance  •  02-Feb-2024

See Laurel Durkay on CNBC's "The Exchange" discussing how REITs can benefit from AI 

Laurel Durkay
Sometimes overlooked, but a wildly important beneficiary of advancements in the adoption of artificial intelligence, is the data center real estate sector. In fact, Laurel calls now a “transformational moment” for data centers and reveals her top investment ideas for the space on CNBC’s "The Exchange."

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Engagement Report  •  02-Feb-2024

Engage Winter 2023 

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

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Insight Article  •  01-Feb-2024

Global Listed Real Estate: A Year in Review and Year-Ahead Outlook 

Laurel Durkay
Head of Global Listed Real Assets Laurel Durkay, CFA, provides thoughts on 2023 REIT performance, current opportunities, and how REITs may benefit from secular themes driving demand for real estate.

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Insight Article  •  01-Feb-2024

The Founder Advantage: Finding Alpha in Middle-Market Private Equity 

Aaron Sack, Patrick Whitehead
In the increasingly crowded private equity sector, we believe that the middle market can be a differentiated source of alpha—especially for companies with founder involvement. But we believe that generating alpha in the middle market requires a manager with specialized capabilities, a rigorous due diligence approach, and a proven playbook for creating value in the sector. Such expertise becomes even more crucial when partnering with entrepreneurs and business founders.

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Media Appearance  •  01-Feb-2024

Listen to Laurel Durkay discuss the currently compelling REIT valuations 

Laurel Durkay
Listen to Laurel Durkay, CFA, Morgan Stanley Investment Management Head of Global Listed Real Assets, discuss the compelling valuations that REITs currently offer on the Nareit REIT Report Podcast.

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Consilient Observer  •  30-Jan-2024

Increasing Returns: Identifying Forms of Increasing Returns and What Drives Them 

Michael Mauboussin, Dan Callahan
Understanding the five areas of micro and macroeconomics where increasing returns applies and show their relevance to investors.

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Market Monitor  •  29-Jan-2024

Credit Market Monitor – Q4 2023 

Multi-Asset Credit Team
Analysis of global credit markets and where we see future opportunities.

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Caron's Corner  •  29-Jan-2024  •  6:10 Min

A Rate Cut Named Desire 

Jim Caron
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.

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Global Equity Observer  •  29-Jan-2024

“Nobody knows anything”… but the market thinks it does 

Bruno Paulson
After a year that suggested nobody knows anything, we’re entering 2024 with good arguments for both sunny optimists and cloudy pessimists. And while we can’t be certain where the world economy will land on the sunny/cloudy spectrum, the market is clearly pricing in a sunny outcome. Combined with high multiples, that creates an unfavourable asymmetry with limited upside and plenty of downside. The trick—as always—is to hold on to the healthy long-term absolute returns when markets take a knock.

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Insight Video  •  29-Jan-2024

Resilience Matters 

International Equity
Resilience is the ability to adapt and recover quickly from difficulties. Hear what resilience means to our International Equity Team and how their high quality investment approach identifies resilient companies.

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Media Appearance  •  22-Jan-2024

Laurel Durkay on "Environmentally Focused Real Estate: Understanding the Investment Case," a FTSE Russell engagement via Citywire - Video 

Laurel Durkay
Head of Global Listed Real Assets Laurel Durkay, CFA, joined FTSE Russell’s Tony Campos, Head of Sustainable Investments Americas, and Ali Zaidi, Head of Real Assets Research, for a panel hosted by Citywire’s Ashley Lowe to discuss environmentally focused REITs and the role real estate investments can play in shaping a more sustainable future.

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sustainable-investing page
Sustainable Investing  •  19-Jan-2024

Fixed Income ESG Outlook 2024 

Barbara Calvi, Anuj Gulati, Rachel Smith
Despite a persistent challenging environment for fixed income investors, the Sustainable Bond market remained strong in 2023.

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Media Appearance  •  17-Jan-2024

Lauren Hochfelder Discusses 2024 Commercial Real Estate Trends on Bloomberg Television 

Lauren Hochfelder
Lauren Hochfelder, Co-Chief Executive Officer for Morgan Stanley Real Estate Investing, appears on Bloomberg Television to discuss 2024 themes and trends in commercial real estate.

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PATH  •  16-Jan-2024

Where do we go from here? 

Jim Caron
Our shift to a “Goldilocks” soft-landing view continues, supported by recent macro data releases, moderately slowing growth and rising confidence that inflation will move lower, allowing policy relief. Read why we believe this supports our view of maintaining positive equities.

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Annual  •  16-Jan-2024

The BEAT – Our Seven Key Themes for 2024 

The investment environment to start 2024 is quite different from how last year began. Inflation appears to have peaked, interest rates are likely to drop and balanced portfolios may again work as intended. In support of the Portfolio Solutions Group, the Capital Markets Group reveals our seven key themes for 2024.

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Insight Article  •  16-Jan-2024

Digital (De)Dollarization? 

Andrew Peel, Digital Asset Markets
The U.S. dollar has been the prominent global currency for more than 80 years, but its dominance is coming under pressure in the face of evolving geopolitical shifts and increasing twin deficits in the United States. Digital assets such as bitcoin, stablecoins in addition to the promise of Central Bank Digital Currencies (CBDCs), have potential to significantly alter the currency landscape. These innovations, while still in their nascent stages, hold opportunities to both erode and reinforce the dollar’s hegemony in global finance, Andrew Peel of Digital Asset Markets explains.

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Global Fixed Income Bulletin  •  12-Jan-2024

And the Beat Goes On, But for How Long? 

Broad Markets Fixed Income Team
December’s stunning bond market performance was a fitting end to a roller-coaster year. Now comes the hard part. The Broad Markets Fixed Income team explains.

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Market Monitor  •  09-Jan-2024

Emerging Markets Debt Monitor – Q4 2023 

Emerging Markets Debt Team
In-depth review of fundamentals and valuations across emerging markets debt.

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Market Monitor  •  08-Jan-2024

Floating-Rate Loan Market Monitor – Q4 2023 

Floating-Rate Loan Group
Insight on loan market fundamentals and the role of floating-rate loans within portfolios.

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Market Alert  •  05-Jan-2024  •  5:59 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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Market Monitor  •  04-Jan-2024

Market Monitor – January 2024 

Get a quick overview and dive into market data with our comprehensive, visual review of global economic and asset class performance presented in charts and graphs.

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Article Reprint  •  03-Jan-2024

Look Ahead 2024: Re-, near-, and friend- shoring points to a different logistics market 

Lauren Hochfelder
In this article, originally published by PERE, Lauren Hochfelder, co-chief executive officer for Morgan Stanley Real Estate Investing, says logistics will remain a favorite asset class. But she predicts there will be less of a rising tide lifting all boats now.

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