Analyses

 
 
 
 
 
 

Market Pulse

A Fed Mistake? 

1 août 2019 

The Fed may have made a mistake in deciding to cut rates by only 25bps. Jim Caron of the Global Fixed Income Team shares his views.
 

Fixed-Income-Team-Tile
 

Macro Insight

Opportunities in A-shares 

26 juil. 2019 

MSCI’s inclusion of China A-shares into global indices will undoubtedly boost investor focus. The Global Emerging Markets Team discusses opportunities in this vast and largely uncharted portion of China’s complex markets.
 

9229976-Opportunites-in-A-Shares-tile
 

Macro Insight

Why Invest Internationally: A Conversation 

25 juil. 2019 

Should you be considering markets outside of the U.S.? Our professionals review the opportunities and challenges of international diversification.
 

WOO-Insight-Tile
 

Market Pulse

Expect the Unexpected from the ECB 

25 juil. 2019 

The ECB changes course and gets ready to announce a package of easing measures. The Global Fixed Income team shares their views on what’s to come.
 

Fixed-Income-Team-Tile
 

Press Release

Presidio Petroleum Completes Acquisition of Assets From Apache Corporation in Partnership With Morgan Stanley Energy Partners 

23 juil. 2019 

Presidio Investment Holdings LLC announced today that it has completed its acquisition of all the oil and natural gas producing properties in the western Anadarko Basin of Texas, Oklahoma, and Kansas from Apache Corporation and its affiliates (NYSE: APA). Presidio Petroleum is a portfolio company majority owned by investment funds managed by Morgan Stanley Energy Partners, the energy private equity business of Morgan Stanley Investment Management.
 

Energy Partners Team - Insight Tile
 

Global Equity Observer

Rebuilding Moats in the Digital Age 

19 juil. 2019 

Who is top of the class as consumer staples go back to school? The International Equity Team discusses dominance in the digital age.
 

sandbags
 

Market Outlook

2Q19 Review/Outlook: Global Fixed Income Opportunities 

19 juil. 2019 

We see a positive second half of the year for fixed income, with mortgages as our favorite area of opportunity. Jim Caron shares his views.
 

GFIO-2Q19
 

Global Equity Observer

Renforcer ses défenses à l’ère numérique 

19 juil. 2019 

Alors que les entreprises du secteur de la consommation de base repartent à l’école, qui est le meilleur élève de la classe ? L’équipe Actions internationales aborde la domination à l’ère numérique.
 

sandbags
 

Macro Insight

VIDEO: An Holistic Approach to the World’s Water Woes 

18 juil. 2019 

This video provides a short summary of the latest Andrew Harmstone Monthly Commentary article.
 

CG_393x348
 

Analyses macroéconomiques

Une approche globale des enjeux mondiaux liés à l’eau 

18 juil. 2019 

Nous nous penchons sur l’interconnectivité des problématiques mondiales liées à l’eau, illustrons l'impact du stress hydrique sur les grandes industries et encourageons les investisseurs à tenir compte des problématiques liées à l’eau au moment de prendre des décisions.
 

shipping dock
 

Global Fixed Income Bulletin

Les banques centrales prêtes à soutenir la croissance 

17 juil. 2019 

Les banques centrales semblent prêtes à faire tout leur possible pour préserver la croissance. L’équipe obligataire mondiale livre sa vision du premier semestre 2019 et ses prévisions pour le second.
 

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Market Outlook

Isn’t the Stock Market a Forward Predictor? 

16 juil. 2019 

The stock market is hovering around its all-time high, yet investor bullishness is surprisingly low. Andrew Slimmon argues that the stock market is a forward predictor, and that despite a summer correction, the S&P 500 will be well above 3,000 by year end.
 

AEA-2x1-tile
 

Global Fixed Income Insights

European and Japanese investors: Consider not fully hedging your USD exposure 

12 juil. 2019 

Europe- and Japan-based investors typically hedge all USD exposure, but is this the best practice? The Emerging Markets Debt Team shares why they believe it may not be.
 

Pending
 

Market Pulse

Global Factors Impacting the Fed's Rate Policy 

11 juil. 2019 

The Fed could cut rates by 50 basis points this month rather than the expected 25. Jim Caron of the Global Fixed Income Team shares his views on why this could happen.
 

Fixed-Income-Team-Tile
 

Market Outlook

Correction Ahead? Why That May Be Good News for Investors 

9 juil. 2019 

With volatility at low levels this rally, investors shouldn't be surprised by a summer sell-off. Even so, the outlook long-term is still positive. Here's why.
 

mountainside wow
 

Press Release

Morgan Stanley Expansion Capital Announces Agreement to Sell DocuWare GmbH 

8 juil. 2019 

Investment funds managed by Morgan Stanley Expansion Capital today announced that they have entered into a definitive agreement to sell their interest in DocuWare GmbH, a leading global provider of content services software, to Ricoh (TYO:7752). Expansion Capital invested in Founder-backed Docuware in June 2012 in a transaction designed to accelerate Docuware’s growth, recapitalize select holders and position the company for future growth.
 

Expansion Capital Team - Private Equity - Insight Tile
 

Connecting the Dots

Why Is Popcorn So Expensive at the Movies? 

1 juil. 2019 

In this article, Swanand Kelkar discusses the steep pricing of popcorn sold at multiplexes and looks at the issue through a broader lens than just how much it usually costs versus how much it is sold for at cinemas.
 

insight-connecting-dots_sept_tile
 

Market Pulse

U.S.-China Talks at G20 Go Slightly Better than Expected 

1 juil. 2019 

U.S.-China trade talks at the G20 went better than expected. What does this mean for your portfolio? Jim Caron of the Global Fixed Income Team shares his investment strategy.
 

Fixed-Income-Team-Tile
 

Global Multi-Asset Viewpoint

GMA Viewpoint: The Bull Case for the U.S. Health Care Sector  

30 juin 2019 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “The Bull Case for the U.S. Health Care Sector ".
 

GMA-Tile
 

Global Fixed Income Bulletin

Déjà-vu... ou pas 

25 juin 2019 

Le comportement des marchés obligataires est similaire à celui observé l’an dernier. Cette impression de déjà-vu nous semble trompeuse. La grande différence est que la Fed est à la manœuvre et peut baisser ses taux. Notre équipe obligataire mondiale livre son point de vue.
 

Vertically reflected image of architectural glass
 

Global Equity Observer

Rendez-vous en terre inconnue 

25 juin 2019 

Rendez-vous en terre inconnue : l'avis de l’équipe Actions internationales sur la politique, les bénéfices et le pouvoir de fixation des prix.
 

Rope bridge leading into mist
 

Market Pulse

Cashing in on Fed ‘Insurance’ Rate Cuts 

24 juin 2019 

With rate cuts mostly priced into the market, Jim Caron of the Global Fixed Income Team shares his investment strategy for the remainder of the year.
 

Fixed-Income-Team-Tile
 

Press Release

Morgan Stanley Capital Partners Completes Investment in Project Management Academy 

18 juin 2019 

Investment funds managed by Morgan Stanley Capital Partners (MSCP), announced today that they have completed an investment in Project Management Academy, a leading provider of training and exam preparation services for project management professionals. MSCP is partnering with the current CEO, Jason Cassidy, and the rest of the management team, who will remain in place and retain an equity stake in the business.
 

Capital Partners - Insight Tile
 

Market Pulse

Volatility May Rise as Prices Decipher the Fed 

18 juin 2019 

Will the Fed cut rates soon? The market seems to think so, but the Fed doesn’t seem so inclined. Jim Caron shares his views and opportunities that may be flying under the radar.
 

Fixed-Income-Team-Tile
 

Press Release

Morgan Stanley Capital Partners Completes Investment in Ovation Fertility 

17 juin 2019 

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle market focused private equity team within Morgan Stanley Investment Management, announced today that they have completed an investment in Ovation Fertility. MSCP partnered with the current management team and physician shareholders, led by Nate Snyder, who will remain CEO and continue to drive organic and acquisitive growth.
 

Capital Partners - Insight Tile
 

Press Release

Morgan Stanley Capital Partners Completes Investment in Impact Fitness 

11 juin 2019 

Investment funds managed by Morgan Stanley Capital Partners (MSCP), the middle market focused private equity team within Morgan Stanley Investment Management, announced today that they have completed an investment in Impact Fitness, a leading Planet Fitness franchisee with 29 clubs across the United States and Canada. MSCP partnered with the current management team, led by CEO Adam Willaeys, as well as founder Chris Klebba, who will remain as Executive Chairman.
 

Capital Partners - Insight Tile
 

Press Release

Manna Pro Products Acquires Hero Pet Brands to Increase Category Presence in Companion Pet Care and Wellness 

4 juin 2019 

Manna Pro Products, a St. Louis-based manufacturer and marketer of pet care and nutrition, has agreed to acquire Dallas-based Hero Pet Brands, a company that provides solutions to pet owner needs including nutrition, grooming, waste pickup and cleanup.
 

Capital Partners - Insight Tile
 

Market Outlook

Applied Equity Advisors Investment Process  

4 juin 2019 

A global, unconstrained and style flexible investment process lets Applied Equity Advisors “stay in the game” and take advantage of a wider set of investment opportunities.
 

Andrew Slimmon Portrait
 

Market Outlook

Applied Equity Advisors June 2019 Commentary  

3 juin 2019 

Andrew Slimmon, head of the Applied Equity Advisors team, discusses his market views in the June 2019 Monthly Commentary.
 

AEA-2x1-tile
 

VIDEO: Midgame 

31 mai 2019 

This video provides a short summary of the latest Andrew Harmstone Monthly Commentary article.
 

9605122_GBaR-June-393x348
 

Market Pulse

What is the Rates Market Telling Us? 

31 mai 2019 

The breakdown in U.S.-China trade negotiations is signalling slower growth and lower inflation across the globe. A flattening yield curve is just a logical adjustment to this new information.
 

Fixed-Income-Team-Tile
 

Analyses macroéconomiques

Midgame 

31 mai 2019 

Malgré les craintes dues à la croissance fin 2018, une récession de l’économie mondiale semble évitable; mais les tensions commerciales entre les Etats-Unis et la Chine pourraient retarder la reprise.
 

shipping dock
 

Media Appearance

ESG Investing, Europe 2019 Report  

30 mai 2019 

In the report published by Clear Path Analysis, MSIM’s International Equity Team and Global Fixed Income Team shared their views on ESG Investing and how it is moving from a marginal approach to a mainstream strategy.
 

9603498_ESG-Report-Image-328x348
 

Market Outlook

Andrew Slimmon's Outlook on the Current Markets 

30 mai 2019 

Over the past decade, “pause” years in the market have been followed by years with positive double-digit returns.
 

andrew slimmon
 

Investment Insight

An Introduction to Alternative Lending 

28 mai 2019 

Alternative lending is an asset class borne of bank disintermediation and technological innovation. In this paper, Ken Michlitsch shares his insights on the space.
 

man on phone
 

Macro Insight

How Flexible is Your Approach? 

23 mai 2019 

The best golfers have to be flexible and experienced enough to effectively hit any number of difficult shots. We think the same holds true for portfolio managers and their approach to managing money.
 

9576586-AEA-Golf-Insight-Tile
 

Global Equity Observer

Crédit Privilégier les entreprises de qualité et peu endettées 

17 mai 2019 

Compte tenu d’un système bancaire parallèle modéré, l’équipe Actions internationales examine les risques liés à la nouvelle dette des entreprises chinoises.
 

china flag
 

Global Fixed Income Bulletin

Et le rythme continue... 

16 mai 2019 

L’économie mondiale évolue au rythme idéal pour la croissance… maintenant, si seulement ces fâcheuses questions commerciales pouvaient être réglées ! Notre équipe obligataire mondiale livre son point de vue et ses perspectives.
 

Digital display of volume levels
 

Market Outlook

Applied Equity Advisors May 2019 Commentary  

15 mai 2019 

Andrew Slimmon, head of the Applied Equity Advisors team, discusses his market views in the May 2019 Monthly Commentary.
 

aea-team
 

Investment Insight

Fintech Continues to Disrupt Consumer Lending 

15 mai 2019 

In this article, AIP Alternative Lending Group Portfolio Manager Ken Michlitsch shares his insights on why fintech continues to disrupt consumer lending.
 

Consumer on mobile phone using banking application.
 

Analyse d’investissement

Le développement des co-investissements alternatifs  

10 mai 2019 

Pour Jarrod Quigley, Managing Director au sein de l’équipe AIP Hedge Fund Solutions, les co-investissements des hedge funds jouent un rôle important dans les portefeuilles clients.
 

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Insight ESG

Une approche ESG à l’égard des marchés émergents: nos progrès 

9 mai 2019 

Les membres de l’équipe Marchés émergents expliquent comment ils intègrent les facteurs ESG dans leur processus et présentent le rôle des gérants de portefeuille dans le cadre des initiatives d’engagement sur les enjeux majeurs.
 

emerging-markets-approach-esg-progress
 

Market Pulse

U.S.-China Tensions: Not a Widespread Risk…Yet 

6 mai 2019 

U.S.-China trade talks seem to be at an impasse. Jim Caron, Global Fixed Income Team, shares why he believes the global market impact of these talks is not a systemic market event…yet
 

Fixed-Income-Team-Tile
 

Market Pulse

The Fed's Conundrum 

2 mai 2019 

The Fed is now left with a conundrum on how to boost inflation, but avoid creating an asset bubble. Jim Caron from the Global Fixed Income Team shares his views.
 

Fixed-Income-Team-Tile
 

Market Outlook

1Q19 Review/Outlook: Global Fixed Income Opportunities 

30 avr. 2019 

Global central banks look to extend the economic cycle not end it. Jim Caron reviews the first quarter and shares his outlook for the rest of 2019.
 

9561003-1Q19-GFIO-Vieo-Tile-w-play-button
 

Global Multi-Asset Viewpoint

GMA Viewpoint: Value in the Eurozone 

30 avr. 2019 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Value in the Eurozone."
 

GMA-Tile
 

Analyses macroéconomiques

Il était une fois le Risque 

29 avr. 2019 

Une gestion efficace des risques nécessite de comprendre la différence essentielle entre les événements « risqués » et les événements « incertains ». Nous explorons cette question et les solutions possibles dans nos dernières perspectives : " Il était une fois le Risque".
 

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Investment Focus

Déconstruire six mythes sur l'investissement climatique 

29 avr. 2019 

Pour le responsable de l’Impact investing d’AIP Private Markets, les solutions au changement climatique sont multiples et peuvent offrir des opportunités d'investissement très intéressantes.
 

Debunking-Climate-Polar-bear-Tile
 

Market Outlook

VIDEO: A Tale of Risk 

29 avr. 2019 

This video provides a short summary of the latest Andrew Harmstone Monthly Commentary article.
 

9587798-128x128-CG
 

Global Fixed Income Bulletin

Le retour d’un scénario idéal ? 

17 avr. 2019 

Les investisseurs sont optimistes et pensent que les marchés sont sur la bonne voie pour le reste de l’année 2019. Nous sommes d’accord avec eux ! Selon notre équipe obligataire mondiale, les politiques monétaires accommodantes et la baisse des rendements réels vont soutenir les économies et entraîner un allongement du cycle économique.
 

9546772_Web_Tile
 

Sustainability Insight

Engage - Spring 2019 

17 avr. 2019 

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

engage-sustainability-report
 

Insight ESG

Capitaliser de manière responsable 

16 avr. 2019 

L’équipe de gestion Actions internationales présente sa dernière gamme de fonds (« Global Sustain ») et explique pourquoi la connaissance des facteurs ESG est essentielle en matière de capitalisation.
 

Global-Sustain-Fund-Campaign-Article-Tile-Blue
 

Global Equity Observer

En quête d’un filet de sécurité pour la fin du cycle  

12 avr. 2019 

L’équipe Actions internationales s’interroge : est-ce le moment de mettre en place un filet de sécurité pour la fin du cycle ?
 

9534088_Insight-tile
 

Analyses macroéconomiques

Des perspectives positives en Europe 

12 avr. 2019 

Ric Ford, responsable mondial du crédit, nous explique comment, selon lui, l'inversion des facteurs négatifs est en train de créer des perspectives favorables pour l'Europe et le crédit européen.
 

9546286_Tile-with-play
 

Press Release

SolarWinds Sets Its Sights on the ITSM Market through Acquisition of Samanage and Introduction of a SolarWinds Service Desk Product 

11 avr. 2019 

SolarWinds (NYSE:SWI), a leading provider of powerful and affordable IT management software, today announced that it has signed an agreement to acquire Samanage, a highly reviewed and highly rated IT service desk solution company based in Cary, NC. Over the past 7 years, Samanage has built a strong, well-respected product guided by a customer-centricity that aligns well with SolarWinds’ mission and commitment to the technology professional community.
 

Expansion Capital Team - Private Equity - Insight Tile
 

Sustainability Insight

Integrating ESG in Emerging Markets Investing 

4 avr. 2019 

Vishal Gupta explains how ESG is integrated into the Emerging Markets Leaders investment process.
 

9532718_Tile-with-play
 

Sustainability Insight

How to Select Sustainable Compounders 

3 avr. 2019 

Vladimir Demine explains the International Equity Team’s process for building highest quality ESG integrated portfolios.
 

Fossil spiral shell in stone
 

Global Multi-Asset Viewpoint

GMA Viewpoint: Cyclical Assets Have Room to Outperform as Global Growth Recovers 

31 mars 2019 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Cyclical Assets Have Room to Outperform as Global Growth Recovers"
 

GMA-Tile
 

Sustainability Insight

ESG Is Crucial to High-Quality Compounding 

27 mars 2019 

Bruno Paulson explains what role ESG plays in the International Equity Team's recipe for compounding.
 

9525865-Bruno-Paulson-Tile-with-play
 

Sustainability Insight

Being Principled, Without Sacrificing Return 

27 mars 2019 

William Lock explains why there is no need for compromise between returns and principles.
 

9525865-William-Lock-Tile-with-play
 

Insight ESG

L’approche ESG est créatrice de valeur pour nos clients  

27 mars 2019 

Vladimir Demine explique l’importance d’un responsable spécialisé dans la recherche ESG pour les clients.
 

9525865-Vladimir-Demine-Tile-with-play
 

Insight ESG

Investir de manière globale et responsable dans un monde en perpétuel changement  

27 mars 2019 

Laura Bottega explique comment certains facteurs mondiaux encouragent les entreprises à concilier bénéfices et critères ESG.
 

9525865-Laura-Bottega-Tile-with-play
 

Global Fixed Income Insights

Beware Modern Monetary Theory: An Opinion on Risks 

27 mars 2019 

The increasingly popular narrative of modern monetary theory is causing people to question the Fed's monetary policy. Jim Caron discusses how applying this theory may have long-term economic risks.
 

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Global Fixed Income Bulletin

Et maintenant ? 

20 mars 2019 

L’assouplissement des politiques des banques centrales, les relations sino-américaines et le Brexit ont soumis les marchés à d’importantes incertitudes. Et maintenant, où allons-nous ? Notre équipe obligataire mondiale livre son point de vue.
 

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Market Outlook

On the Road Again: Fiscal Stimulus Around the World 

19 mars 2019 

This video provides a short summary of the latest Andrew Harmstone Monthly Commentary article.
 

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Analyses macroéconomiques

Sur la route de nouveau : Les mesures de relance budgétaire dans le monde 

19 mars 2019 

Les grands programmes d’infrastructure pourraient être la clé pour réduire le risque d’une récession mondiale et remettre l’économie « à nouveau sur la route ».
 

9520995-Insight-tile
 

Market Outlook

Applied Equity Advisors March 2019 Commentary  

19 mars 2019 

Andrew Slimmon, head of the Applied Equity Advisors team, discusses his market views in the March 2019 Monthly Commentary.
 

aea-team
 

GLOBAL EQUITY OBSERVER

Lorsque le management devient « stratégique » 

13 mars 2019 

Découvrez pourquoi un management qui devient « stratégique » est un signal d’alerte pour l’équipe Actions internationales.
 

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Media Appearance

Andrew Slimmon on CNBC "Power Lunch" 

11 mars 2019 

Andrew Slimmon appeared on CNBC “Power Lunch” to break down what’s impacting markets.
 

9523102_Tile-with-play
 

Sustainability Insight

ESG and Sustainable Investing Report 

7 mars 2019 

The Global Opportunity Team shares its new annual report on ESG engagement activity.
 

GO-GlboalOpp-Tile
 

Investment Insight

Machine Learning Is Changing the Game for the Next Generation of Consumer Borrowers 

28 févr. 2019 

Ken Michlitsch, AIP Alternative Lending Group Portfolio Manager, interviews Upstart CEO David Girouard about the increasingly important role machine learning plays in the consumer lending process.
 

machine-learning
 

Global Multi-Asset Viewpoint

GMA Viewpoint: Australia Housing Bubble Starting to Deflate  

28 févr. 2019 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Australia Housing Bubble Starting to Deflate "
 

GMA-Tile
 

Market Outlook

Applied Equity Advisors February 2019 Commentary  

28 févr. 2019 

Andrew Slimmon, head of the Applied Equity Advisors team, discusses his market views in the February 2019 Monthly Commentary
 

aea-team
 

Market Outlook

Global Brands: A year in review and the year ahead 

25 févr. 2019 

2019 is all about the earnings. Bruno Paulson discusses 2018 and why Global Brands’ defensive characteristics will continue to be needed this year.
 

393x348_Bruno_video
 

Analyses macroéconomiques

Plaidoyer en faveur de portefeuilles agrégés d’obligations en euro (« euro aggregate ») 

25 févr. 2019 

L'équipe de gestion obligataire partage les raisons pour lesquelles elle considère que les portefeuilles de taux en euro peuvent être mieux gérés par un seul gérant de portefeuille pour l’ensemble des actifs.
 

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Macro Insight

Global Balanced Risk Control Team Market Update 

21 févr. 2019 

In late 2018, the GBaR team’s defensive positioning helped protect portfolios from falling equity markets. A common question from clients as the team entered 2019 was ‘what would make you more positive on equities?’ Watch Christian Goldsmith, Portfolio Specialist of the GBaR team’s latest market update video to explain.
 

GBaR_team_Market_Update_tile
 

Global Fixed Income Bulletin

Pourquoi l’année 2019 sera-t-elle différente ? 

20 févr. 2019 

Janvier 2018 semblait prometteur, mais la suite s’est révélée décevante. Faut-il s’attendre à une tendance identique en 2019 ? Notre équipe de gestion obligataire, s'attend à un scénario différent.
 

9489075_Tile_v1
 

Investment Focus

Secondaries v2.0: The Era of Transformation 

20 févr. 2019 

What are transformational secondaries and why are they attractive ? MSIM's AIP Private Markets Secondaries team answers.
 

9494850_Web_Tile_1_v1
 

Global Equity Observer

Not Out of the Woods Yet 

20 févr. 2019 

January brought better news, but beware straying from the high-quality path, warns the International Equity Team’s Bruno Paulson – we’re not out of the woods yet.
 

9486688-Tile
 

Global Equity Observer

Pas encore tirés d’affaire 

20 févr. 2019 

Janvier s’est accompagné de meilleures nouvelles, mais attention à ne pas s’écarter de la voie de la qualité, prévient Bruno Paulson, membre de l’équipe Actions internationales - nous ne sommes pas encore tirés d’affaire.
 

9486688-Tile
 

Market Outlook

Trois points de bascule climatiques qui conditionnent les marchés aujourd’hui 

19 févr. 2019 

Cette vidèo contient un court résumé du dernier commentaire mensuel de Andrew Harmstone
 

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Analyses macroéconomiques

Trois points de bascule climatiques qui conditionnent les marchés aujourd’hui 

19 févr. 2019 

Le changement climatique nous amène vers des « points de bascule » politiques, économiques et sociaux. L’équipe GBaR MSIM en examine les implications pour les investisseurs.
 

three-tipping-points
 

Global Multi-Asset Viewpoint

Secular Outlook for Bond Yields: Structurally Higher 

31 janv. 2019 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Secular Outlook for Bond Yields: Structurally Higher".
 

GMA-Tile
 

Press Release

Morgan Stanley Capital Partners Completes Investment in Clarity Software Solutions 

25 janv. 2019 

Investment funds managed by Morgan Stanley Capital Partners (“MSCP”), the Private Equity team within Morgan Stanley Investment Management, announced today that they have completed an investment in Clarity Software Solutions. MSCP is partnering with the current management team led by founder Sean Rotermund, who will remain CEO and continue to drive organic growth and product development during the investment.
 

Capital Partners - Insight Tile
 

Market Outlook

4Q18 Review/Outlook: Global Fixed Income Opportunities 

23 janv. 2019 

Jim Caron reviews the fourth quarter of 2018 and shares his outlook on how cash may be dethroned as king in 2019.
 

4Q18-GFIO-Outlook
 

Investment Insight

Conducting Due Diligence on Alternative Risk Premia 

22 janv. 2019 

While alternative risk premia have existed for some time—and have long been used by hedge funds—they have only recently begun to be evaluated by a broad swath of investors. Given the growth of investor interest in this space, we thought it timely to share our insights on what constitutes effective due diligence.
 

Alternative-Risk-Premia-tile
 

Global Fixed Income Bulletin

Une nouvelle année pour les cœurs bien accrochés 

22 janv. 2019 

Après une fin 2018 agitée, que nous réserve cette nouvelle année ? L’équipe de gestion obligataire de Morgan Stanley livre ses perspectives d'investissement pour 2019.
 

brave-new-world
 

CONSEIL DE DÉVELOPPEMENT DURABLE

Présentation du Conseil d’investissement durable en matière de gestion d'actifs 

15 janv. 2019 

Morgan Stanley Investment Management, en partenariat avec le Morgan Stanley Institute for Sustainable Investing, a annoncé ce jour le lancement de l’Investment Management Sustainable Investing Council, qui constitue une étape importante de son engagement sans faille en faveur de l’investissement durable.
 

esg-brochure
 

Global Equity Observer

Les multiples sont en baisse, pas les risques 

15 janv. 2019 

Est-ce que la diminution des bénéfices et l’assèchement des liquidités pourraient se révéler néfaste pour le prix des actifs ? Où se réfugier ? Demandez à l’équipe International Equity.
 

9462649-insight-tile
 

Connecting the Dots

Simhavalokana 2018 

15 janv. 2019 

In this article, Swanand Kelkar looks back at the tumultuous events of 2018 and reflects upon the lessons he learned as an investor.
 

insight-connecting-dots_sept_tile
 

Insight ESG

Une approche ESG génératrice de rendement 

7 janv. 2019 

Peut-on déployer une approche ESG dans un portefeuille obligataire sans sacrifier le rendement ? Pour notre équipe de Gestion obligataire, la réponse à cette question est un grand « OUI ».
 

yield-focused-esg-approach
 

Market Outlook

Applied Equity Advisors January 2019 Commentary  

31 déc. 2018 

Andrew Slimmon, head of the Applied Equity Advisors team, discusses his market views in the January 2019 Monthly Commentary
 

aea-team
 

Macro Insight

Indian Equity: An All-Weather Asset Class 

31 déc. 2018 

India's economy is showing green shoots of recovery following the ambitious reforms of 2016-2017. We discuss why we believe this could be an opportune time to position in India.
 

Indian-Equity-All-Weather-Asset
 

Global Multi-Asset Viewpoint

GMA Viewpoint: Key Investment Themes Into 2019 

31 déc. 2018 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “Key Investment Themes Into 2019"
 

GMA-Tile
 

Global Fixed Income Insights

2019 Convertibles Outlook: It's All Relative 

28 déc. 2018 

Trying to figure out which asset class could become a break-out performer in 2019? The Convertible Bond Team discusses how convertible bonds can be a valuable portfolio diversification tool, amid higher rates and volatility next year.
 

9423377-MarketOutlook-Tile-sm
 

Market Outlook

2019 – To Neutral and Beyond? 

20 déc. 2018 

As we look ahead to the new year, the key question for liquidity investors is what is the Federal Reserve’s neutral rate. This inferred rate will likely determine the path of interest rates in 2019 and beyond, as the Fed shifts their policy towards managing around neutral.
 

neutral-and-beyond
 

Analyse d’investissement

The EDGE – Automatisation / Robotique 

18 déc. 2018 

Les robots sont en train de révolutionner plusieurs marchés grâce aux améliorations apportées aux capteurs, aux logiciels et aux pinces de préhension qui inaugurent une nouvelle ère dans le domaine de la robotique. L’équipe croissance de MSIM examine cette tendance.
 

9423203-Tile-Small
 

GLOBAL EQUITY OBSERVER

Éloge de la tortue... et de la capitalisation 

17 déc. 2018 

La rapidité du lièvre peut souvent sembler plus attrayante en matière d’investissement, mais si vos objectifs s’inscrivent dans un horizon à long terme, alors la tortue est un choix mieux adapté. Bruno Paulson aborde la question des valeurs de capitalisation.
 

geo-dec18-new-tile
 

Global Fixed Income Insights

Emerging Markets Look Forward to 2019 

17 déc. 2018 

2018 was a challenging year for emerging markets, but the market may be setting up the asset class for a rebound in 2019. The Emerging Markets Debt Team discusses.
 

9435371_Tile_v1
 

Global Fixed Income Insights

Positive Outlook for Securitized Supported by Strong Consumer Credit Conditions 

17 déc. 2018 

Strong consumer credit conditions are painting a positive outlook for securitized assets in the year ahead. The Securitized Asset Team discusses
 

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Sustainability Insight

ESG Scores: What are they good for? 

17 déc. 2018 

Scoring funds on ESG criteria is common, but is it useful? Bruno Paulson shares his view.
 

global-sustain-fund-campaign-article-tile-gold
 

Market Outlook

Europe — forever the ugly duckling? 

17 déc. 2018 

Morgan Stanley’s European Equity Team discusses whether there are reasons for optimism for investing in Europe in 2019.
 

1x1-ugly_duckling
 

Sustainability Insight

Governance: Without It, All Else Fails 

14 déc. 2018 

The higher the quality of a company, the more important its governance, says William Lock of Morgan Stanley.
 

Global Sustain Fund Campaign Article Tile-Gray
 

Global Fixed Income Bulletin

Le coup de blues de novembre 

14 déc. 2018 

Les températures refroidissent, les marchés s'enrhument. L’équipe de gestion obligataire de Morgan Stanley livre ses perspectives d'investissement pour 2019.
 

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Sustainability Insight

The Value of Engagement: Understanding Management Quality  

13 déc. 2018 

Not all portfolio managers speak directly with senior managements of the firms they hold. William Lock explains why direct engagement is vital.
 

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Macro Insight

2019 Emerging Markets Outlook: After Tech Corrects, What Next? 

13 déc. 2018 

What is in store for emerging markets after the mania for tech passes? The Global Emerging Markets Team shares their perspective.
 

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2019 Outlook

Dysfunction Junction? 

12 déc. 2018 

Counterproductive government policies across markets have weakened the global economy. Many started with sound intentions, some outlived their usefulness and all were exacerbated by the trade war.
 

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Global Fixed Income Insights

The Four C's for 2019: Caffeine, Credit, China & Chameleons 

10 déc. 2018 

Will it be a soft, bumpy or hard landing from the highs of 2018? We believe the answer lies with four market challenges: caffeine, credit, china and chameleons.
 

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Investment Insight

2019 Market Outlook - Hedge Funds: Opportunities in Shifting and Volatile Markets 

9 déc. 2018 

As quantitative easing ends, investors should prepare themselves for higher volatility. We believe hedge funds are well positioned to exploit opportunities in a way that other managers simply can’t.
 

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Investment Focus

Coworking, Friend or Foe? 

3 déc. 2018 

In their latest paper, the Real Assets Research and Investing team investigate the impact of coworking on the office sector
 

9421150_Web Tile_v1
 

Global Multi-Asset Viewpoint

GMA Viewpoint: The Case for Higher Gold Prices 

30 nov. 2018 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “The Case for Higher Gold Prices ”
 

GMA-Tile
 

GLOBAL EQUITY OBSERVER

La guerre (commerciale) – À quoi sert-elle ? 

15 nov. 2018 

La guerre (commerciale) - À quoi sert-elle ? L’avis de l’équipe Actions internationales
 

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Global Fixed Income Bulletin

Un mois d’octobre qui restera dans les mémoires 

12 nov. 2018 

Octobre n’a pas failli sa réputation désastreuse en matière de volatilité des marchés. À quoi peut-on s’attendre pour les prochains mois ? Notre équipe obligataire mondiale livre son point de vue.
 

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Press Release

Samanage Raises $30M Series D Funding Round Led by Morgan Stanley Expansion Capital 

8 nov. 2018 

Samanage, the service success company, today announced a $30 million investment from Morgan Stanley Expansion Capital, the growth-focused private investment platform within Morgan Stanley Investment Management. Samanage seeks to accelerate their exceptional year-over-year growth and expand their global market share in the IT Service Management (ITSM) industry.
 

Expansion Capital Team - Private Equity - Insight Tile
 

Market Pulse

Exploring the "Right-tail-risk": An Upside Surprise to Growth Expectations 

5 nov. 2018 

Many are consumed with calling the next recession, but is stronger growth here to stay? Jim Caron discusses.
 

emerging-markets-debt-team
 

Market Outlook

Andrew Slimmon – Euphoria is Not Yet on the Horizon 

30 oct. 2018 

Andrew Slimmon discusses the connection between euphoria, investor psychology and secular bull market cycles.
 

andrew.slimmon
 

Investment Insight

Managed Futures as a Crisis Risk Offset Strategy 

26 oct. 2018 

Crisis risk offset is a term used to describe a group of strategies that seek to perform well in the event of an equity market collapse. In this paper, the MSIM Managed Futures Team explains why an allocation to such non-correlated strategies has the potential to dampen the impact of equity market volatility and enhance the expected risk-adjusted returns of an investor’s portfolio.
 

managed-futures-crisis-risk-offset-tile
 

Global Equity Observer

À la recherche de la durabilité : L’ESG et l’accumulation de valeur 

18 oct. 2018 

L'équipe actions internationales explique pourquoi une orientation ESG est essentielle à l’accumulation de valeur à long terme.
 

insight-GEO-8656888-2x1_tile
 

Global Equity Observer

Seeking Sustainability: Compounding and ESG 

18 oct. 2018 

The International Equity Team explains why an ESG focus is essential for long-term compounding.
 

insight-GEO-8656888-2x1_tile
 

Market Outlook

3Q18 Review/Outlook: Global Fixed Income Opportunities 

17 oct. 2018 

Jim Caron provides his review of the third quarter of 2018 and his outlook on market opportunities.
 

gfio-3q18-review-outlook
 

Sustainability Insight

Engage - Fall 2018 

12 oct. 2018 

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

engage-sustainability-report
 

Press Release

EcoIntense, EcoWebDesk and NordSafety are now Quentic 

11 oct. 2018 

EcoIntense merges its products and businesses into a single, global brand identity: With the release of version 11.0 on October 11th, the HSE and CSR software EcoWebDesk and the associated NordSafety app are rebranded under the uniform name Quentic. EcoIntense and NordSafety are now also operating as Quentic.
 

Expansion Capital Team - Private Equity - Insight Tile
 

Market Pulse

What's Going on in the Markets: A Bond's Eye View 

11 oct. 2018 

Jim Caron discusses the recent market volatility and how there is a mathematical explanation.
 

emerging-markets-debt-team
 

Global Fixed Income Bulletin

Too Much of a Good Thing? 

10 oct. 2018 

The Global Fixed Income team discusses if too much recent U.S. growth is still good for the global economy.
 

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Global Fixed Income Bulletin

Faut-il abuser des bonnes choses ? 

10 oct. 2018 

L’équipe de gestion obligataire internationale se demande si la croissance vigoureuse des États-Unis est encore une bonne chose pour l'économie mondiale.
 

Global-Fixed-Income-Bulletin_tile_v1
 

Investment Insight

Introduction to Alternative Risk Premia 

8 oct. 2018 

In much the same way that long-only investors have considered “passive” investing as a way to adjust their exposures efficiently and to reduce cost, alternatives investors have begun to explore systematic and index-based solutions—such as “alternative risk premia”—as a way to achieve those same objectives. In this paper, we seek to introduce the concept of alternative risk premia, explain how investors can access them, and present the potential benefits and drawbacks associated with them.
 

Alternative-Risk-Premia-tile
 

Macro Insight

The U.S. Versus the Rest of the World: Divergence and Correction 

4 oct. 2018 

Since late spring, there has been a sharp divergence in performance between the U.S. and the rest of the world, with investors flocking into the U.S. market. We expect this spike to fully correct eventually and the recent volatility has provided signs of this, though there may be further to go.
 

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Macro Insight

The U.S. Versus the Rest of the World: Divergence and Correction 

4 oct. 2018 

This video provides a short summary of the latest Andrew Harmstone Monthly Commentary article.
 

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Macro Insight

Different People: Human Capital Management and Diversity 

30 sept. 2018 

As with any scarce resource, human capital needs to be protected and nurtured. We discuss global trends and how engaging employees, offering flexible work arrangements, providing training and promoting diversity, can attract talent and increase companies’ competitiveness.
 

Different-Tile
 

Analyses macroéconomiques

Des personnes différentes : Gestion du capital humain et diversité  

30 sept. 2018 

Compte tenu de sa rareté, le capital humain doit être protégé et développé. Au-delà des tendances mondiales, nous montrons comment le dialogue avec les employés, la flexibilité, la formation et la diversité attirent les talents et renforce la compétitivité.
 

Different-Tile
 

Global Multi-Asset Viewpoint

GMA Viewpoint: EM FX Crisis Playbook  

25 sept. 2018 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “EM FX Crisis Playbook”
 

GMA-Tile_Aug2017
 

Global Fixed Income Insights

The Case for Middle Market High-Yield Investing 

20 sept. 2018 

Richard Lindquist, Head of Global High Yield, discusses how in a world of rising interest rates, he believes middle market high-yield may be the best place to be in the bond market.
 

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Global Fixed Income Insights

When Will the Cycle End? 

19 sept. 2018 

Jim Caron analyses economic cycle indicators and concludes we are closer to the mid-point of the cycle rather than the late point.
 

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Global Fixed Income Bulletin

Les tensions sont-elles systémiques ou idiosyncratiques ? 

17 sept. 2018 

L’équipe obligations internationales se penche sur les tensions qui ont agité les marchés en août : étaient-elles principalement idiosyncrasiques ou imputables à des problématiques plus systémiques ?
 

Global-Fixed-Income-Bulletin_tile_v1
 

Global Equity Observer

De nouvelles turbulences sur les marchés émergents ? 

17 sept. 2018 

En réponse aux dernières turbulences sur les marchés émergents, l'équipe Actions internationales considère que se concentrer sur les fondamentaux est la meilleure façon d'éviter la perte en capital.
 

insight-GEO-8656888-2x1_tile
 

Media Appearance

Jim Caron on CNBC 

13 sept. 2018 

Jim Caron appeared on CNBC to discuss the recent European Central Bank meeting and his outlook for the Fed.
 

9369458-Tile-with-play
 

Macro Insight

The Beginning of a New Era in Fixed Income 

7 sept. 2018 

We’re undergoing a seismic shift in fixed income and portfolio manager Jim Caron, discusses why you should consider if you're prepared for the changing landscape.
 

caron-1-video_tile
 

Global Multi-Asset Viewpoint

GMA Viewpoint: The Eventual Turn of US Outperformance? 

31 août 2018 

MSIM’s Global Multi-Asset Team discusses their investment perspective in the latest viewpoint: “The Eventual Turn of U.S. Outperformance?”
 

GMA-Tile
 

Media Appearance

Trade worries weighing on international markets 

30 août 2018 

Andrew Slimmon appeared on CNBC Power Lunch to discuss whether the U.S. or emerging markets are a better bet for investors.
 

insight_Trade worries weighing on international markets_tile
 

Macro Insight

How We’re Adapting to the Changing Markets 

29 août 2018 

Eric Baurmeister, Head of the Emerging Markets Debt Team, discusses the changing state of the emerging markets, opportunities he sees going forward and how his team is built to adapt to these changes.
 

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Media Appearance

Jim Caron on Bloomberg TV 

29 août 2018 

Jim Caron appeared on Bloomberg Daybreak: Americas to examine revised U.S. second-quarter economic growth.
 

insight_jimcarononbloombergdaybreak_Tile
 

Media Appearance

Jim Caron on Bloomberg TV 

29 août 2018 

Jim Caron appeared on Bloomberg TV to discuss the potential market impact of a new Nafta trade agreement.
 

jim-caron-on-bloomberg-20180829
 

Media Appearance

Leadership Rotation But No Overall Sell Off 

19 août 2018 

Andrew Slimmon discusses the current state of the markets on CNBC Closing Bell Exchange.
 

insight_andrewslimmononcnbc_tile_with play
 

Global Equity Observer

L’importance cruciale des bénéfices à long terme 

15 août 2018 

Une chose est sûre : la prochaine phase de repli économique sera différente de la précédente. L’équipe Actions internationales s’interroge sur les secteurs véritablement défensifs.
 

insight-GEO-8656888-2x1_tile
 

Global Fixed Income Bulletin

En attendant le « point culminant » des rumeurs commerciales 

15 août 2018 

L’équipe de gestion obligataire internationale est d’avis que les valorisations sont exagérées et que la volatilité pourrait bien être amenée à repartir.
 

Global-Fixed-Income-Bulletin_tile_v1
 

Analyses macroéconomiques

Obligations : de la Fed à la blockchain 

14 août 2018 

Alors que l’expansion mondiale se poursuit, certains estiment que le cycle économique pourrait toucher à sa fin. Quels devraient être les points à surveiller pour les investisseurs obligataires dans ce contexte ?
 

insight-9321532I-tile
 

Analyses macroéconomiques

Du sable dans les rouages 

9 août 2018 

Les tensions commerciales et douanières ont pesé sur les investissements productifs des entreprises et grippé les rouages de l'économie mondiale, qui progresse toujours mais plus difficilement.
 

sand-in-gears-tile
 

Market Outlook

Du sable dans les rouages 

9 août 2018 

Les tensions commerciales et douanières ont pesé sur les investissements productifs des entreprises et grippé les rouages de l'économie mondiale, qui progresse toujours mais plus difficilement.
 

goldsmith
 

Sustainability Insight

Sustainable Signals 

11 juin 2018 

In a survey of institutional investors, 70% said they are integrating sustainable investing into their investment process, signaling just how quickly the ESG imperative is catching on.
 

Sustainable-Signals-Tile
 

Investment Insight

The EDGE: Blockchain 

15 mai 2018 

Counterpoint Global examines Blockchain, the technology behind it and its potential disruptive power.
 

EDGE-Blockchain-tile
 

Macro Insight

La puissance de la capitalisation avec William Lock 

27 sept. 2017 

William Lock explique pourquoi il est convaincu que les actifs incorporels d’une société sont essentiels pour obtenir des rendements élevés de façon durable.
 

william-lock-compounders
 

Macro Insight

The Power of Compounders with William Lock 

27 sept. 2017 

William Lock explains why he believes a company’s intangible assets are integral to achieving sustainably high returns.
 

william-lock-compounders
 

Investment Insight

The EDGE: Autonomous Vehicles 

31 août 2017 

The Counterpoint Global Team researches autonomous vehicles, which use a suite of sensors, actuators and a central computer to "perceive" the environment and automate the driving process. This technology could change our conception of personal transportation.
 

edge-autonomous-vehicle
 

Investment Insight

Fishing for Stocks in China 

9 juin 2017 

Our location in Hong Kong gives us a unique perspective on the risks and opportunities of investing in China, a market we believe is ripe with opportunity for bottom-up stock picking, particularly in the consumer, internet, healthcare and education industries.
 

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Macro Insight

Quality Companies in Today’s Market Environment  

25 avr. 2017 

Bruno Paulson explains why consumer staples performance is more about earnings than interest rates.
 

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Investment Insight

The EDGE: CRISPR 

31 janv. 2017 

The Counterpoint Global Team analyzes clustered regularly interspaced short palindromic repeats (CRISPR), a tool for genetic research that could birth new industries and disrupt existing medical treatments.
 

insight-8809028-tile
 

Sustainability Insight

ESG and the Sustainability of Competitive Advantage 

9 janv. 2017 

ESG factors are integral to assessing the quality of a company. A holistic approach to sustainability may help minimize risk events and identify opportunities characterized by competitive advantages.
 

8783846-ESG-WP-tile
 

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