Analyses

Filtrer par
Checked Icon Unchecked Icon Hover Icon Toutes les langues
Checked Icon Unchecked Icon Hover Icon Anglais
Checked Icon Unchecked Icon Hover Icon Français
+
Checked Icon Unchecked Icon Hover Icon Article
Checked Icon Unchecked Icon Hover Icon audio
Checked Icon Unchecked Icon Hover Icon Dans les médias
Checked Icon Unchecked Icon Hover Icon Vidéo
Checked Icon Unchecked Icon Hover Icon Webinar
+
Checked Icon Unchecked Icon Hover Icon Stratégies alternatives
Checked Icon Unchecked Icon Hover Icon Actions
Checked Icon Unchecked Icon Hover Icon Obligations
Checked Icon Unchecked Icon Hover Icon Multi-classes d’actifs
Checked Icon Unchecked Icon Hover Icon 2021 Outlooks
Checked Icon Unchecked Icon Hover Icon Caron’s Corner
Checked Icon Unchecked Icon Hover Icon Consilient Observer
Checked Icon Unchecked Icon Hover Icon EDGE
Checked Icon Unchecked Icon Hover Icon Engagement Report
Checked Icon Unchecked Icon Hover Icon Global Equity Observer
Checked Icon Unchecked Icon Hover Icon Global Fixed Income Bulletin
Checked Icon Unchecked Icon Hover Icon Global Multi-Asset Viewpoint
Checked Icon Unchecked Icon Hover Icon Market Pulse
Checked Icon Unchecked Icon Hover Icon PATH
Checked Icon Unchecked Icon Hover Icon Slimmon's TAKE
Checked Icon Unchecked Icon Hover Icon Market Alert
Checked Icon Unchecked Icon Hover Icon Takeaways & Key Expectations
Checked Icon Unchecked Icon Hover Icon Tales From the Emerging World
Checked Icon Unchecked Icon Hover Icon Résilience
Checked Icon Unchecked Icon Hover Icon Sustainable Investing
Checked Icon Unchecked Icon Hover Icon AIP Alternative Lending Group
Checked Icon Unchecked Icon Hover Icon AIP Hedge Fund Team
Checked Icon Unchecked Icon Hover Icon AIP Private Markets Team
Checked Icon Unchecked Icon Hover Icon Active International Allocation Team
Checked Icon Unchecked Icon Hover Icon Applied Equity Advisors Team
Checked Icon Unchecked Icon Hover Icon Counterpoint Global
Checked Icon Unchecked Icon Hover Icon Fixed Income Managed Solutions
Checked Icon Unchecked Icon Hover Icon Global Balanced Risk Control Team
Checked Icon Unchecked Icon Hover Icon Global Emerging Markets Team
Checked Icon Unchecked Icon Hover Icon Global Fixed Income Team
Checked Icon Unchecked Icon Hover Icon Global Liquidity Team
Checked Icon Unchecked Icon Hover Icon Global Multi-Asset Team
Checked Icon Unchecked Icon Hover Icon International Equity Team
Checked Icon Unchecked Icon Hover Icon Morgan Stanley Capital Partners
Checked Icon Unchecked Icon Hover Icon Morgan Stanley Infrastructure Partners
Checked Icon Unchecked Icon Hover Icon Morgan Stanley Next Level
Checked Icon Unchecked Icon Hover Icon Morgan Stanley Real Estate Investing
Checked Icon Unchecked Icon Hover Icon Portfolio Solutions Group
Checked Icon Unchecked Icon Hover Icon Toutes
Checked Icon Unchecked Icon Hover Icon Le mois dernier
Checked Icon Unchecked Icon Hover Icon Le trimestre dernier
Checked Icon Unchecked Icon Hover Icon L'année dernière
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  27-sept.-2021  •  9:16 Min

Why U.S. Bond Yields Are Rising – and How High They May Go 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  22-sept.-2021  •  11:14 Min

FOMC Recap: Hawkish Dot-plot, but Dovish Presser  

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  20-sept.-2021  •  8:25 Min

Ambiguity, not Volatility, Is the Primary Market Risk Currently – How Will the Fed React? 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
global-fixed-income-bulletin fixed-income Fixed Income page
Global Fixed Income Bulletin  •  15-sept.-2021

Traversing Peaks 

Global Fixed Income Team
With investors debating when economic growth, Covid and inflation will peak, it may be useful to focus on what we know with certainty rather than sentiment.

10091077_GFI-Bulletin_Insight-Tile-1x1
 
global-equity-observer active-fundamental-equity Active Fundamental Equity page
Global Equity Observer  •  14-sept.-2021

Advance Warming 

Laura Bottega
The summer of fire and floods has highlighted the compounding effect of global warming, presenting companies with an array of risks and opportunities. Laura Bottega explains how these ESG factors help shape our portfolios.

10084219_GEO-Advance-Warming_Insight-Tile-1x1
 
market-alert solutions-and-multi-asset Solutions & Multi-Asset audio
Market Alert  •  14-sept.-2021  •  06:19 Min

Surprise: 2021 Fundamentals Often Have Exceeded Stock Price Performances 

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.

Audio-Page-Tile
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  13-sept.-2021  •  09:20 Min

The Payfors of Taxes, Debt and Inflation May Create a Noisy September 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
takeaways-key-expectations solutions-and-multi-asset Solutions & Multi-Asset page
Takeaways & Key Expectations  •  10-sept.-2021

Equity Market Commentary - Sept 2021 

Andrew Slimmon
In his September TAKE, Andrew Slimmon discusses, region by region, where he and his Applied Equity Advisors team see the best equity opportunities and how their portfolios are positioned.

tile-1x1-slimmons-take
 
path solutions-and-multi-asset Solutions & Multi-Asset page
PATH  •  08-sept.-2021

Jackson Hole : Une Fed accommodante rassure les marchés 

Andrew Harmstone, Manfred Hui
La Réserve fédérale américaine semble excessivement accommodante, compte tenu de la vigueur et de la croissance de l’économie. Découvrez pourquoi les valorisations élevées, la multiplication des risques réglementaires au niveau mondial et la possibilité que la Fed commette une erreur de politique sont autant d’éléments qui nous incitent à la prudence.

GBaR-Media-Tile-1x1
 
consilient-observer active-fundamental-equity Active Fundamental Equity page
Consilient Observer  •  08-sept.-2021

Turn and Face the Strange 

Michael Mauboussin, Dan Callahan
This report examines the barriers to change for organizations. We use sports as the prime example but then apply the lessons to investment management. Organizations can be slow to adopt certain approaches even when they add value due to loss aversion, a preference for the status quo, and the fear of poor outcomes in the short run. Organizations may overcome these challenges by aligning behind a commitment to improvement, learning, transparency, and accountability. Good long-term results require developing and executing strategies that add value.

insight-consilience-tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  07-sept.-2021  •  11:01 Min

The Four Corners of Risk – And Why Yields Can Rise 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
global-multi-asset-viewpoint solutions-and-multi-asset Solutions & Multi-Asset page
Global Multi-Asset Viewpoint  •  31-août-2021

Inflation Outlook – One Year Later 

Cyril Moulle-Berteaux, Sergei Parmenov
MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Inflation Outlook – One Year Later"

insight-tile-GMA-Viewpoint
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  30-août-2021  •  8:10 Min

Still on Easy Street – But What Are the Risks? 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  23-août-2021

The Impact of a Shift From Reflation to Recovery 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
global-equity-observer active-fundamental-equity Active Fundamental Equity page
Global Equity Observer  •  23-août-2021

Global Equity Observer: A Collection of Quality Insights – Volume 1 

William Lock
This May, the International Equity team celebrated the publication of our 50th Global Equity Observer (GEO) – our monthly series of investment insights through the lens of our high quality investment approach. We are delighted to share with you this selection of articles from our GEO series.

geo-vol1-Insight-Tile-1x1
 
global-fixed-income-bulletin fixed-income Fixed Income page
Global Fixed Income Bulletin  •  19-août-2021

What's Going On?  

Global Fixed Income Team
Looking at the performance of U.S. Treasuries (and other developed government bond markets), one could be forgiven if one believed the economy was sinking. Other financial asset prices are sending a message that all is well. What gives? The Global Fixed Income Team explores.

10075552_GFI-Bulletin_Media-Tile-1x1
 
global-equity-observer active-fundamental-equity Active Fundamental Equity page
Global Equity Observer  •  13-août-2021

Retour aux fondamentaux  

William Lock, Alistair Corden-Lloyd
Dans un monde de bavardages financiers incessants, il est facile de perdre de vue le principal déterminant des rendements à long terme : la puissance de la capitalisation. Explication par William Lock et Alistair Corden-Lloyd.

10067355_Back-to-Basics_Insight-Tile-1x1
 
tales-from-the-emerging-world active-fundamental-equity Active Fundamental Equity page
Tales From the Emerging World  •  10-août-2021

The Electric Summer of ’91: India’s Hopes Then and Now 

Ruchir Sharma
India needs to keep in mind is that its economy is still relatively unfree, and so more than ever it should buck the global trend of more regulation and bigger government. Ruchir Sharma, Chief Global Strategist and Head of Emerging Markets, explains.

10070981-Insight-Tile-1x1
 
solutions-and-multi-asset Solutions & Multi-Asset page
Insight Article  •  09-août-2021

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.

10042957_Alternative-Lending_Insight-Tile-1x1
 
path solutions-and-multi-asset Solutions & Multi-Asset page
PATH  •  05-août-2021

Le faible volume d'émissions souveraines américaines pèse-t-il sur les rendements à 10 ans ? 

Andrew Harmstone, Manfred Hui
La baisse continue du rendement des bons du Trésor américain à 10 ans semble paradoxale pour de nombreux participants du marché. Nous passons en revue les facteurs, susceptibles de contribuer à cette évolution et ceux qui pourraient l’inverser.

GBaR-Media-Tile-1x1
 
consilient-observer active-fundamental-equity Active Fundamental Equity page
Consilient Observer  •  03-août-2021

Everything Is a DCF Model 

Michael Mauboussin, Dan Callahan
We suggest the mantra “everything is a DCF model.” Whenever investors value a stake in a cash-generating asset, they should recognize they are using a discounted cash flow (DCF) model. The topic deserves attention because many market participants don’t think DCF models are relevant, and many use heuristics for value without recognizing the purpose and limitations of the shorthands. The intrinsic value, determined by the present value of future cash flows, attracts the price like a magnetic force. This means it is useful for investors to keep in mind the value drivers of a discounted cash flow model.

insight-consilience-tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  02-août-2021  •  11:45 Min

Money Never Sleeps. . .but Bond Yields Do 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
private-credit-and-equity Private Credit & Equity page
Insight Article  •  31-juil.-2021

Increasing Duration Opens Up New Realms for the Private Equity Secondaries Market 

AIP Private Markets Team
The AIP Private Markets Secondaries team explores possible solutions to check or reverse the upward trend in duration and allay investors' concerns about increasing their allocation to private equity.

9674117_Increasing Duration_Insight-Tile-1x1
 
solutions-and-multi-asset Solutions & Multi-Asset page
Insight Article  •  29-juil.-2021

Hedge Fund "FOMO"— Looking Beyond Benchmarks  

Patrick Reid, Eban Cucinotta, Brian McGrath
Relying on benchmarks to evaluate your hedge funds’ performance can be misleading. We recommend incorporating complementary monitoring tools.

10059069-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  26-juil.-2021  •  8:51 Min

Why Bond Yields Are Low – Technicals vs. Fundamentals 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
global-equity-observer active-fundamental-equity Active Fundamental Equity page
Global Equity Observer  •  23-juil.-2021

La Qualité dans le « meilleur des mondes » 

Bruno Paulson
L'équipe Actions internationales considère que les arguments en faveur des « capitalisateurs de qualité » sont toujours d’actualité dans ce « Meilleur des Mondes » dominé par la reflation et l'inflation. Bruno Paulson commente.

10056060_GEO_Brave-New-World_Insight-Tile-1x1
 
tales-from-the-emerging-world active-fundamental-equity Active Fundamental Equity page
Tales From the Emerging World  •  20-juil.-2021

Whither the Bubblets of 2021? 

Ruchir Sharma
As worry spreads about the rise and fall of market bubbles, questions are asked about whether these price moves count as “bubbles,” poised to pop. Ruchir Sharma, Chief Global Strategist and Head of Emerging Markets, looks at history for the answer.

10060456-Insight-Tile-1x1
 
sustainable-investing real-assets Real Assets page
Sustainable Investing  •  19-juil.-2021

Climate-Related Risk Data for Real Assets: A Framework for Assessment  

Mona Benisi
A new framework for assessing climate risk data may help real estate investors evaluate risks.

10059047-Insight-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  19-juil.-2021  •  9:49 Min

Pricing the Trough After the Peak - but the Level Matters 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
global-fixed-income-bulletin fixed-income Fixed Income page
Global Fixed Income Bulletin  •  16-juil.-2021

Where Is All the Yield Going? 

Global Fixed Income Team
Yields continuing to fall, credit spreads tightening and equities rallying despite bearish news. The Global Fixed Income team discuss an extraordinary June.

10060122_GFI-Bulletin_Insight-Tile-1x1
 
takeaways-key-expectations solutions-and-multi-asset Solutions & Multi-Asset page
Takeaways & Key Expectations  •  14-juil.-2021

Equity Market Commentary - July 2021 

Andrew Slimmon
In his July TAKE, Andrew Slimmon shares his thoughts on the latest equity selloff in China and where he and his Applied Equity Advisors team stand with respect to the longer term investment prospects.

tile-1x1-slimmons-take
 
market-pulse solutions-and-multi-asset Solutions & Multi-Asset page
Market Pulse  •  13-juil.-2021

Au-delà de la diversification: les arguments en faveur des fonds multi-actifs 

Andrew Harmstone, Manfred Hui
Il existe deux points clés pour gérer avec succès un portefeuille multiactifs : premièrement, le gérant doit être réellement actif et deuxièmement, il doit gérer son portefeuille en fonction d’un objectif de volatilité et non par rapport à un indice de référence.

10035293_Beyond-Diversification_Insight-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  12-juil.-2021  •  10:32 Min

Reflation and Reverse Repos: Following the Money 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
sustainable-investing engagement-report active-fundamental-equity Active Fundamental Equity page
Engagement Report  •  07-juil.-2021

Tapping the power of ESG in emerging markets 

Vishal Gupta, Steve Sun, Arun Kapoor
Learn how the Emerging Markets Leaders Strategy team have actively engaged with invested companies to seek out value by promoting enhanced ESG practices.

GEM-Emerging-Markets-Leaders-Insight-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  06-juil.-2021  •  7:07 Min

Bond Yields Are Falling Despite Stronger Data: What’s Going On? 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
path solutions-and-multi-asset Solutions & Multi-Asset page
PATH  •  05-juil.-2021

La Fed surprend par son virage offensif, mais les marchés restent sereins 

Andrew Harmstone, Manfred Hui
La Fed a surpris en laissant entrevoir deux hausses des taux en 2023. Mais, les marchés sont restés calmes et le S&P s’est hissé à un niveau record. Toutefois, sous l’effet de facteurs négatifs à plus long terme, les fondamentaux, les valorisations et le sentiment indiquent tous la possibilité d’une volatilité accrue.

GBaR-Media-Tile-1x1
 
resilience solutions-and-multi-asset Solutions & Multi-Asset page
Resilience  •  30-juin-2021

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.

9854661-Insight-Tile-1x1
 
market-pulse fixed-income Fixed Income page
Market Pulse  •  30-juin-2021

The Policy Puzzle: Procyclical or Countercyclical 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

Fixed-Income-Team-Tile
 
market-pulse active-fundamental-equity Active Fundamental Equity audio
Market Pulse  •  29-juin-2021  •  4:29 Min

Why the Commodity Boom Can Last 

Jitania Kandhari
Jitania Kandhari, Head of Macroeconomic Research for the Global Emerging Markets Team and Co-Manager of the Active International Allocation Portfolio, thinks the recent surge in commodity prices has years to run.

Insight-activeinternationalallocationportfoliomarketcommentary-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  28-juin-2021  •  14:12 Min

Infrastructure a-Go-go: What it Means for Markets 

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

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
private-credit-and-equity Private Credit & Equity page
Insight Article  •  23-juin-2021

Investing in Startups Founded by Women and Multicultural Entrepreneurs 

Morgan Stanley Next Level
As part of its ongoing commitment to advance racial and economic equity, Morgan Stanley’s new Next Level Fund invests in early-stage technology companies with women and diverse members on the founding teams.

9995037-Insight-Tile-1x1
 
consilient-observer active-fundamental-equity Active Fundamental Equity page
Consilient Observer  •  23-juin-2021

The Impact of Intangibles on Base Rates 

Michael Mauboussin, Dan Callahan
The shift in investments from tangible to intangible assets has important implications for how investors should think about corporate growth rates. Companies with more intangible assets can grow faster, but they can also become irrelevant and shrink faster. Our analysis of historical sales growth rates for U.S. companies reveals both of these results: higher growth and more dispersion, on average, for companies and industries with the highest intangible asset intensity. Skillful investors may be able to identify the companies that will grow faster than expected, hence providing the potential for attractive returns.

insight-consilience-tile-1x1
 
global-equity-observer active-fundamental-equity Active Fundamental Equity page
Global Equity Observer  •  22-juin-2021

Ambition bas carbone 

William Lock, Laura Bottega
Les entreprises présentes au sein des portefeuilles de l’équipe International Equity encouragent leurs clients à vivre de manière plus durable. William Lock et Laura Bottega nous expliquent.

10034936_Low-Carbon-Ambition_Insight-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  21-juin-2021  •  11:18 Min

Is This the Start of Something Bigger? A Look at Asset Pricing 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
page
Insight Article  •  19-juin-2021

If Inflation and Yields Rise, What Should I Own in Fixed Income? 

Anton Heese, Raphael Raynal
The strong post-COVID economic rebound poses a threat to fixed income assets. While central banks have generally committed to keeping monetary policy easy, stronger than expected inflation threatens. What's a fixed income investor to do? The Global Fixed Income team explores.

10053857_Fixed-Income_Insight-Tile-1x1
 
market-alert solutions-and-multi-asset Solutions & Multi-Asset audio
Market Alert  •  17-juin-2021  •  4:46 Min

Market Alert with Andrew Slimmon: The Fed’s Message 

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.

Audio-Page-Tile
Insight thumbnail audio icon
 
takeaways-key-expectations solutions-and-multi-asset Solutions & Multi-Asset page
Takeaways & Key Expectations  •  16-juin-2021

Equity Market Commentary - June 2021 

Andrew Slimmon
In his June TAKE, Andrew Slimmon shares a number of historical market precedents that may provide insight regarding current equity markets and investor behavior.

tile-1x1-slimmons-take
 
global-fixed-income-bulletin fixed-income Fixed Income page
Global Fixed Income Bulletin  •  16-juin-2021

Where Did Volatility Go? 

Global Fixed Income Team
A quiet May saw the constructive market narrative continue. How long will this last, what does this mean for investors? The Global Fixed Income team discuss.

10043426_GFI-Bulletin_Insight-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  16-juin-2021  •  8:41 Min

Key Takeaways From Today’s Fed Meeting 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  14-juin-2021  •  11:16 Min

What if Inflation Is Not Transitory - and What Happens Next? 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
path solutions-and-multi-asset Solutions & Multi-Asset page
PATH  •  11-juin-2021

US Inflation: Real or Noise? 

Andrew Harmstone, Manfred Hui
Inflationary pressures are likely to persist in the second half of the year, with the potential for upside surprises. The GBaR team explain why these may be temporary effects, rather than the start of a new inflationary regime.

GBaR-Media-Tile-1x1
 
sustainable-investing audio
Sustainable Investing  •  10-juin-2021  •  22:39 Min

Emily Chew featured in Brunswick Group's podcast, ESG Agenda 

Emily Chew
In a recent episode of Brunswick Group’s podcast, The ESG Agenda, Emily Chew, Executive Vice President and Chief Responsible Investment Officer of Calvert gives practical recommendations for boards to develop their companies’ corporate strategy in the era of sustainability disruption.

10034312-Insight-Tile-1x1
Insight thumbnail audio icon
 
sustainable-investing fixed-income Fixed Income page
Sustainable Investing  •  08-juin-2021

MSIM’s Securitized Sustainability Framework: Promoting Responsible Lending & Driving Positive Impact Alignment 

Gregory Finck, Navindu Katugampola, Barbara Calvi, Erin K. Glenn
Environmental, Social and Governance (ESG) factors are most often discussed in the context of corporate and sovereign debt issuers. But that’s changing, according to the Securitized Fixed Income Team, as client demand is driving change when it comes to mortgage and other asset-backed securities.

10030889_Promoting-Responsible-Lending_Insight-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  07-juin-2021  •  11:54 Min

The Jobs "Wager"  

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
sustainable-investing page
Sustainable Investing  •  03-juin-2021

Mona Benisi Wins 2021 Women in Sustainability Leadership Award 

Mona Benisi
Mona Benisi wins prestigious Women in Sustainability Leadership Award

10034312-Insight-Tile-1x1
 
tales-from-the-emerging-world active-fundamental-equity Active Fundamental Equity page
Tales From the Emerging World  •  02-juin-2021

Where the Digital Future Will Unfold 

Ruchir Sharma
The most ingenious uses of future digital technology are likely to be shaped in the emerging world. Ruchir Sharma, Chief Global Strategist and Head of Emerging Markets, discusses.

10034981-Insight-Tile-1x1
 
sustainable-investing fixed-income Fixed Income page
Sustainable Investing  •  02-juin-2021

Stratégie d’engagement de l’équipe MSIM Fixed Income : Intégrée, judicieuse, influente 

Barbara Calvi, Navindu Katugampola, Anuj Gulati
Grâce au dialogue constructif qu’ils peuvent instaurer avec les émetteurs sur les questions ESG, les investisseurs obligataires jouent un rôle important dans l’obtention de résultats positifs en matière de développement durable. L’équipe MSIM Global Fixed Income précise la manière dont elle intègre l’engagement dans son processus d’investissement.

10020859_Fixed-Income-Engagement_Insight-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  01-juin-2021  •  11:16 Min

Labor, Labor, Everywhere, Not a Person to Hire 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
global-multi-asset-viewpoint solutions-and-multi-asset Solutions & Multi-Asset page
Global Multi-Asset Viewpoint  •  30-mai-2021

Sectoral Bubbles in U.S. Equities 

Cyril Moulle-Berteaux, Sergei Parmenov
MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Sectoral Bubbles in U.S. Equities"

insight-tile-GMA-Viewpoint
 
global-equity-observer active-fundamental-equity Active Fundamental Equity page
Global Equity Observer  •  26-mai-2021

Envergure et diversification 

Marcus Watson
Les vertus combinées d'envergure et de diversification de nos positions de grande qualité ont joué un rôle dans leurs bénéfices élevés, tant au cours de la crise récente que dans la durée. Marcus Watson nous explique.

10024206_Scale-and-Diversification_Insight-Tile-1x1
 
market-pulse fixed-income Fixed Income audio
Market Pulse  •  25-mai-2021  •  12:00 Min

Fixed Income Update with Kevin Lynyak 

Kevin Lynyak
Kevin Lynyak, Head of Fixed Income Managed Solutions and Lead Fixed Income Portfolio Manager, discusses trends, risks and opportunities in the fixed income markets. Listen now.

3398242_lynyak_Insight-Tile-1x1
Insight thumbnail audio icon
 
takeaways-key-expectations solutions-and-multi-asset Solutions & Multi-Asset page
Takeaways & Key Expectations  •  24-mai-2021

Equity Market Commentary - May 2021 

Andrew Slimmon
In his May TAKE, Andrew Slimmon shares his thoughts about what might happen to the U.S. equity markets should Wall Street continue to revise earnings estimates upward.

tile-1x1-slimmons-take
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  24-mai-2021  •  8:24 Min

It’s Better to Travel Than Arrive 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
solutions-and-multi-asset Solutions & Multi-Asset page
Insight Article  •  21-mai-2021

Re-Examining the Role of US Treasurys in Institutional Portfolios 

Portfolio Solutions Group
In this paper, the Portfolio Solutions group explains why they believe that both the current low-yield environment and the likely impact on inflation and rates of the momentous events unfolding across the economic, financial and political landscape are weakening the pillars that support the case for US Treasurys.

10000524_US-Treasurys_Insight-Tile-1x1
 
consilient-observer active-fundamental-equity Active Fundamental Equity page
Consilient Observer  •  19-mai-2021

The Economics of Customer Businesses 

Michael Mauboussin, Dan Callahan
This report focuses on the customer as the basic unit of analysis in understanding value. The idea of customer lifetime value has been around for decades, but we believe our discussion is richer and more nuanced than what many companies and analysts present. We discuss a framework called customer-based corporate valuation, which links customer economics to shareholder value and offers a more robust way to forecast revenues. We also show the limitations of common ratios such as customer lifetime value to customer acquisition cost (LTV/CAC), explore how companies can create consumer and supplier surplus, provide a case study, examine trade-offs in the drivers of value, and explore common errors.

insight-consilience-tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  17-mai-2021  •  11:48 Min

Like Looking Through a Dirty Window: The Data Is Noisy and Unclear 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
market-pulse active-fundamental-equity Active Fundamental Equity video
Aperçu video  •  17-mai-2021

Emerging Leaders pour la décennie à venir 

Vishal Gupta
Entretien avec Vishal Gupta, gérant de portefeuille de la stratégie Emerging Leaders.

9937121-Vishal-Gupta-Web_Tile_1x1
Insight thumbnail video icon
 
global-fixed-income-bulletin fixed-income Fixed Income page
Global Fixed Income Bulletin  •  14-mai-2021

Welcome to the Brave New World! 

Global Fixed Income Team
After rising significantly in March, U.S. Treasuries and most other developed market government bond yields fell measurably, despite solid, surprisingly strong economic data. The Global Fixed Income Team examines what these dynamics mean for fixed income investors.

10028733_GFI-Bulletin_Insight-Tile-2x2
 
real-assets Real Assets page
Insight Article  •  13-mai-2021

U.S. Office Workplace Survey: Reduced, Reconfigured, but Still Required 

Morgan Stanley Real Estate Investing
The largest investable commercial real estate segment in the U.S., the office sector has also been the most affected by the pandemic. Morgan Stanley Real Estate Investing conducted a survey of U.S. corporates to find out what will really be the lasting impact of COVID-19 on the sector. The findings are in the team’s latest piece.

10028004_Workplace-Survey_Insight-Tile-1x1
 
market-pulse fixed-income Fixed Income audio
Market Pulse  •  11-mai-2021  •  10:51 Min

Fixed Income Update with Kevin Lynyak 

Kevin Lynyak
Kevin Lynyak, Head of Fixed Income Managed Solutions and Lead Fixed Income Portfolio Manager, discusses trends, risks and opportunities in the fixed income markets. Listen now.

3398242_lynyak_Insight-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  10-mai-2021  •  9:58 Min

There Is a Risk of Investor Complacency. Here’s How Bonds Can Help 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
path solutions-and-multi-asset Solutions & Multi-Asset page
PATH  •  10-mai-2021

The Problem is the P not the E 

Andrew Harmstone
US equities are expensive, but valuations do not yet appear extreme enough to qualify as a bubble, given strong earnings growth and current low interest rates. With ample fiscal support and liquidity, we see limited downside risk in the short term.

GBaR-Media-Tile-1x1
 
market-pulse active-fundamental-equity Active Fundamental Equity audio
Market Pulse  •  05-mai-2021  •  4:54 Min

Five Reasons To Be Bullish on the American Consumer 

Jitania Kandhari
Jitania Kandhari, Head of Macroeconomic Research for the Global Emerging Markets Team and Co-Manager of the Active International Allocation Portfolio, outlines her five reasons to have confidence in the American consumer.

Insight-activeinternationalallocationportfoliomarketcommentary-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  03-mai-2021  •  8:30 Min

Strong Data Brings Inflation Risks – Should We Be Worried? 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
real-assets Real Assets page
Media Appearance  •  03-mai-2021

Back to the Future With the Energy Transition 

Chris Ortega
The outlook for renewable energy infrastructure in the U.S. has never looked more promising. Morgan Stanley Infrastructure Partners’ Chris Ortega discusses the importance of investing to support the whole value chain of technologies that will facilitate the transition away from carbon-intensive energy systems.

back-to-the-future-with-the-energy-transition-Insight-Tile-1x1
 
global-multi-asset-viewpoint solutions-and-multi-asset Solutions & Multi-Asset page
Global Multi-Asset Viewpoint  •  30-avr.-2021

Could Value be Starting a Structural Bull Market? 

Cyril Moulle-Berteaux, Sergei Parmenov
MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Could Value be Starting a Structural Bull Market?"

insight-tile-GMA-Viewpoint
 
sustainable-investing engagement-report active-fundamental-equity Active Fundamental Equity page
Engagement Report  •  30-avr.-2021

Engage Printemps 2021 

Vladimir Demine
Dernier numéro d’Engage, la revue semi-annuelle de l'équipe International Equity sur son activité d'engagement ESG.

9982224-Insight-Tile-1x1
 
global-equity-observer active-fundamental-equity Active Fundamental Equity page
Global Equity Observer  •  29-avr.-2021

La qualité est-elle (relativement) en solde ? 

Bruno Paulson
Nous avons des raisons de croire que la récente bulle des valeurs de croissance a atteint son point culminant et que le rebond des titres « value » touche à sa fin. De notre point de vue, cela constitue une excellente opportunité d’investissement dans les « capitaliseurs de qualité ». Bruno Paulson se penche sur le sujet.

10013399_Quality_on_Sale_Insight-Tile-1x1
 
market-pulse fixed-income Fixed Income page
Market Pulse  •  29-avr.-2021

A Strong Recovery in the Economy is Still Falling Short of Fed Objectives 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

Fixed-Income-Team-Tile
 
market-pulse fixed-income Fixed Income audio
Market Pulse  •  28-avr.-2021  •  9:54 Min

Fixed Income Update with Kevin Lynyak 

Kevin Lynyak
Kevin Lynyak, Head of Fixed Income Managed Solutions and Lead Fixed Income Portfolio Manager, discusses trends, risks and opportunities in the fixed income markets. Listen now.

3398242_lynyak_Insight-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  26-avr.-2021  •  7:56 Min

The Policy Clash Point? Worries of an Easy Fed Transitioning to Future Tightening may be Premature 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
global-fixed-income-bulletin fixed-income Fixed Income page
Global Fixed Income Bulletin  •  23-avr.-2021

The More Things Change, the More they Stay the Same 

Global Fixed Income Team
Vaccination numbers are far better than anticipated, but, given market pricing and expectations, the strategy implications remain unchanged. GFIO Team explores.

10013493_GFI-Bulletin_Insight-Tile-1x1
 
sustainable-investing engagement-report active-fundamental-equity Active Fundamental Equity page
ENGAGEMENT REPORT  •  20-avr.-2021

ESG Progress and Outlook - 2021 Report 

Global Emerging Markets Team
The team shares their progress on ESG engagement in 2020, how they actively promoted better corporate behaviour, and their 2021 engagement priorities.

10003581-GEM-ESG-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  19-avr.-2021  •  9:16 Min

Twin Peaks: After Growth and Fiscal Spending Plateau, What Comes Next? 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
path solutions-and-multi-asset Solutions & Multi-Asset page
PATH  •  15-avr.-2021

Developed Markets Leading the Charge 

Andrew Harmstone
Rapid vaccine rollouts, combined with stimulative policy, have made Developed Markets and particularly the US, leaders of the global recovery. Yet there are reasons to be cautious, as record levels of equity issuance and inflows create a tug-of-war.

GBaR-Media-Tile-1x1
 
consilient-observer active-fundamental-equity Active Fundamental Equity page
Consilient Observer  •  14-avr.-2021

Market-Expected Return on Investment 

Michael Mauboussin, Dan Callahan
This report describes market-expected return on investment (MEROI), which measures the return at which the present value of a company’s profits equals the present value of its investments. This allows executives and investors to see how high the bar is set. Measuring returns has become harder as investments have shifted from being mostly tangible to intangible. We gain a clearer view of returns and expectations by separating expenses and investments properly. We break new ground by connecting valuation and accounting.

insight-consilience-tile-1x1
 
fixed-income Fixed Income page
Insight Article  •  12-avr.-2021

What a difference a year makes: High yield opportunities in 2021 

Richard Lindquist, Jack Cimarosa
Amid improving economic data, declining defaults, and the relatively low level of nominal and real yields the Global High Yield Team explains why they believe high yield bonds remain one of the most appealing investment options available across Fixed Income.

10012750_High-yield-opportunities_Insight-Tile-1x1
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  12-avr.-2021  •  10:53 Min

Inflation Rising Sharply but Is it Anchored or De-anchored? 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
tales-from-the-emerging-world active-fundamental-equity Active Fundamental Equity page
Tales From the Emerging World  •  07-avr.-2021

Brazil: Populism versus Commodities  

Ruchir Sharma
Will doubts about economic reform prevent Brazil from capitalizing on the nascent revival of commodity prices in emerging markets? Ruchir Sharma, Chief Global Strategist and Head of Emerging Markets, discusses.

10007600-Insight-Tile-1x1
 
sustainable-investing fixed-income Fixed Income page
Sustainable Investing  •  31-mars-2021

ESG in Sovereign Fixed Income Investing: Identifying Opportunities, Correcting Biases 

Soledad Lopez, Navindu Katugampola, Barbara Calvi
The Global Fixed Income Team’s newly enhanced Sovereign Sustainability Model is a significantly updated and comprehensive approach to evaluating ESG performance for Sovereign issuers.

9921373_ESG_Insight-Tile-1x1
 
global-multi-asset-viewpoint solutions-and-multi-asset Solutions & Multi-Asset page
Global Multi-Asset Viewpoint  •  31-mars-2021

Will the Bond Bear Kill the Equity Bull? 

Cyril Moulle-Berteaux, Sergei Parmenov
MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Will the Bond Bear Kill the Equity Bull?"

insight-tile-GMA-Viewpoint
 
global-equity-observer active-fundamental-equity Active Fundamental Equity page
Global Equity Observer  •  31-mars-2021

Pourquoi les grandes marques prospèrent-elles à l’ère du numérique 

Nic Sochovsky
Avec internet, les grandes et les petites marques ne se retrouvent-elles pas sur un pied d’égalité ? Nic Sochovsky, de l’équipe International Equity, revient sur les raisons pour lesquelles les grandes marques continuent de prospérer à l’ère du numérique.

10002300_Big-brands-in-a-digital-age_Insight-Tile-1x1
 
active-fundamental-equity Active Fundamental Equity page
Insight Video  •  30-mars-2021

Meet The Managers: In search of high quality compounders 

Nic Sochovsky
Nic Sochovsky, Portfolio Manager of the International Equity team, shares his views on what is high quality and where the team finds high quality companies. He also talks about the ESG process in the MS INVF Global Sustain Fund and its outlook and current positioning.

10012667-Tile-Insight-Tile-1x1
 
market-pulse fixed-income Fixed Income audio
Market Pulse  •  30-mars-2021  •  8:42 Min

Fixed Income Update with Kevin Lynyak 

Kevin Lynyak
Kevin Lynyak, Head of Fixed Income Managed Solutions and Lead Fixed Income Portfolio Manager, discusses trends, risks and opportunities in the fixed income markets. Listen now.

3398242_lynyak_Insight-Tile-1x1
Insight thumbnail audio icon
 
carons-corner fixed-income Fixed Income audio
Caron’s Corner  •  29-mars-2021  •  6:21 Min

After the U.S. in Q1, Where Is the Next Big Growth Surprise? 

Jim Caron
Jim Caron, Portfolio Manager and Head of Global Macro Strategies for the Global Fixed Income Team, shares his macro thematic views on key market drivers.

caronscorner-Insight-Tile-1x1
Insight thumbnail audio icon
 
active-fundamental-equity Active Fundamental Equity page
Insight Article  •  25-mars-2021

Why Emerging Markets Leaders Now? 

Vishal Gupta
Investors seeking a risk-managed approach to emerging markets growth should consider Emerging Markets Leaders their guide, says Portfolio Manager, Vishal Gupta.

GEM-Emerging-Markets-Leaders-Insight-Tile-1x1