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market-monitor page
Market Monitor  •  16 juil. 2024

Floating-Rate Loan Market Monitor – Q2 2024 

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

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market-monitor page
Market Monitor  •  16 juil. 2024

Emerging Markets Debt Monitor – Q2 2024 

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

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tales-from-the-emerging-world page
Tales From the Emerging World  •  11 juil. 2024

Hidden Gems: Unearthing the Potential of Overlooked Markets  

Steven Quattry
Small emerging and frontier market countries have weathered crises this decade, but are implementing reforms based on orthodox economic policies. Despite massive currency depreciations, the equity markets in many of these countries, such as Argentina and Pakistan, have generated stronger earnings per share—in dollar terms—compared to the broader MSCI EM Index. Steven Quattry explains why these countries merit a closer look.

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global-equity-observer page
Global Equity Observer  •  11 juil. 2024

Independent thinking 

William Lock
While active versus passive is a well-worn debate, it needn’t be an either/or decision. We would argue there’s a strong case for both index investing and active management to co-exist in portfolios. While passive funds provide broad-based exposure and nimble, cheap access to tactical themes, there is still an opportunity to be selective – particularly given indices’ biases. When stock prices become disconnected from fundamentals, skilled stock pickers can take advantage if they have the luxury of a longer time horizon and a lopsided multiples-powered bull run still has momentum.

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video
Insight Video  •  10 juil. 2024

High Yield Bonds: Three Things to Watch in Today’s Market (Video) 

Dónal Kinsella
Portfolio Manager Dónal Kinsella explains three key areas that high yield bond investors should consider and why a discerning approach to credit selection is key.

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beat page
Mensuelles  •  3 juil. 2024

The BEAT - July 2024 

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

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Caron's Corner  •  3 juil. 2024  •  6:09 Min

The BEAT for July – Our Key Themes and Top Ideas 

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

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sustainable-investing page
Sustainable Investing  •  30 juin 2024

Morgan Stanley’s Sustainable Finance Summit Digest 

Morgan Stanley’s 2024 Annual Sustainable Finance Summit brought together some of Investment Management’s leading thinkers, research analysts and portfolio managers to discuss and debate topical issues related to sustainability.

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GLOBAL FIXED INCOME BULLETIN VIDEO  •  25 juin 2024

Video: Lost in the Forest 

Fixed Income Team, Broad Markets Fixed Income Team
The market is pricing in rate cuts for the U.S., as global central banks move to ease policy. But are investors getting ahead of themselves? The Federal Reserve remains cautious, and hard data suggests rate-cut delays – not cuts. Will markets reassess their views? Will the Fed change tact? And will rate uncertainty affect opportunities within global fixed income?

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Caron's Corner  •  24 juin 2024  •  5:55 Min

2H 2024: Chasing the White Rabbit, but Where Will it Lead Investors? 

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

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advisor-institute audio
Advisor Institute  •  17 juin 2024  •  5:04 Min

Run Better First Meetings 

David Richman
Explore 5 steps to better first meetings. Whether virtually or in person, the same fundamentals apply for running purposeful, coordinated and conclusive first meetings.

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advisor-institute audio
Advisor Institute  •  17 juin 2024  •  5:32 Min

Generate More Meetings 

David Richman
Transition the phone from a necessity to a critical ally. Every phone call with a prospective client has the potential to lead to a meeting. We use three sports metaphors to showcase the fundamental skills that can help you convert follow-up phone calls into first meetings.

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advisor-institute audio
Advisor Institute  •  17 juin 2024  •  4:18 Min

Capture Referable Moments 

David Richman
Increase the chances you organically pop up in conversation when you are not in the room. Get referrals without asking for them by including memorable phrases in client conversations to help you consistently capture referable moments.

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advisor-institute audio
Advisor Institute  •  17 juin 2024  •  4:38 Min

Make First Encounters Count 

David Richman
Master an approach to successful first encounters. Networking events typically present two types of awkward moments—greeting a stranger and leaving a conversation. A strategic approach can help you navigate both situations and set the stage for follow-up conversations.

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

Equity Market Commentary - June 2024 

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

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

Des marchés désorientés 

Broad Markets Fixed Income Team
Malgré une croissance soutenue et une inflation encore élevée (par rapport aux objectifs), les investisseurs obligataires se montrent plus optimistes concernant la trajectoire de la politique de la Fed. Quel est l’impact sur les marchés obligataires ? Les explications de l’équipe Broad Markets Fixed Income.

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

Emerging Markets Equity Annual Stewardship Report 2024 

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

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page
India Opportunity  •  10 juin 2024

Webinar: India Opportunity 

Anil Agarwal, Emily Tsui
We believe India’s young demographic, along with its efforts to build digital, regulatory, financial and physical infrastructure over the last decade, will pave the way for growth acceleration over the next decade. Listen to the Global Opportunity team discuss where they find ideas based on the team’s bottom-up stock picking approach.

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video
Insight Video  •  7 juin 2024

Paying Resilience Forward: A Stock Story 

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

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carons-corner audio
Caron's Corner  •  5 juin 2024  •  7:04 Min

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

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

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consilient-observer page
Consilient Observer  •  4 juin 2024

Stock Market Concentration: How Much Is Too Much? 

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

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tales-from-the-emerging-world page
Tales From the Emerging World  •  3 juin 2024

Poland’s Quiet Convergence 

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

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video
Media Appearance  •  29 mai 2024

Lauren Hochfelder on Bloomberg Surveillance Radio 

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

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

L’importance de la discipline sur le long terme 

Anton Kryachok
Alors que le marché cherche à tout prix à identifier la prochaine grande innovation, nous veillons à ce que les valorisations des entreprises soient justifiées par leurs fondamentaux sous-jacents et construisons un portefeuille composé des rares entreprises capables de capitaliser à un rythme élevé et durable. En effet, si les multiples ont représenté 85% des performances ce trimestre, sur 20 ans ce pourcentage tombe à 4%. En revanche, la croissance des bénéfices compte beaucoup plus - jusqu’à 71% sur 20 ans. Le processus de capitalisation exige rigueur et patience.

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

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

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

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page
Insight Article  •  23 mai 2024

Navigating the Curve 

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

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big-picture page
Big Picture  •  21 mai 2024

Emerging Markets: Stepping Into the Spotlight 

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

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

Une situation pas aussi calme que prévu dans les pays occidentaux 

Broad Markets Fixed Income Team
L'évolution des anticipations des baisses de taux a été ressentie dans le monde entier et les rendements ont augmenté tant sur les marchés développés que sur les marchés émergents. L’équipe Broad Markets Fixed Income nous explique l’impact probable sur les investisseurs.

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page
Insight Article  •  9 mai 2024

A New Management Approach for a New Market Regime 

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

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tales-from-the-emerging-world page
Tales From the Emerging World  •  7 mai 2024

China Inc.: A Changing Mindset 

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

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

The BEAT for May – Our Key Themes and Top Ideas  

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

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

The BEAT for May – Our Key Themes and Top Ideas  

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

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global-equity-observer page
Global Equity Observer  •  30 avr. 2024

Capitalisation des intérêts 

Bruno Paulson
L’exubérance et la concentration des marchés rendent l’environnement d’investissement difficile, en particulier en termes relatifs. Dans ce contexte, l’équipe International Equity recommande toujours d’adopter une approche en termes absolus, d’être exigeant en matière de qualité et de valorisation et de chercher à jouer sur l’effet de capitalisation sur le long terme.

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sustainable-investing page
Sustainable Investing  •  30 avr. 2024

2024 Stewardship Trends 

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

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

Equity Market Commentary - April 2024 

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

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consilient-observer page
Consilient Observer  •  23 avr. 2024

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

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

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

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

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

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

Duration: Friend or Foe? 

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

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video
Insight Video  •  16 avr. 2024

Video: Fixed income Team Capabilities 

Global Opportunity
How can our full spectrum of fixed income solutions and specialized teams help navigate the curve and build a tailored portfolio?

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

Chips and Dip: Geopolitical Risk, Volatility and Value 

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

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

Nous vous croyons sur parole 

Broad Markets Fixed Income Team
Les obligations semblent beaucoup plus attractives qu’au début du mois de janvier. Les explications de l’équipe Broad Markets Fixed Income.

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big-picture page
Big Picture  •  8 avr. 2024

Big Picture - Return of the 60/40 

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

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market-monitor page
Market Monitor  •  8 avr. 2024

Emerging Markets Debt Monitor – Q1 2024 

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

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market-monitor page
Market Monitor  •  8 avr. 2024

Floating-Rate Loan Market Monitor – Q1 2024 

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

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big-picture video
Big Picture  •  8 avr. 2024

Video: Return of 60/40 

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

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tales-from-the-emerging-world page
Tales From the Emerging World  •  4 avr. 2024

The Value-Up Recipe for Re-Rating Korea 

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

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carons-corner audio
Caron's Corner  •  2 avr. 2024  •  8:23 Min

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

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

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big-picture video
Big Picture  •  1 avr. 2024

Video: Oil. Underappreciated, Underinvested and Undervalued 

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

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sustainable-investing page
Sustainable Investing  •  1 avr. 2024

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

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

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

La qualité vaut la peine d’attendre 

William Lock
Qu’il s’agisse des méthodes de sélection des entreprises les plus performantes ou du secret de sa longévité dans le secteur de la gestion d’actifs, William Lock partage 10 leçons qu’il a tirées des 30 années passées à investir dans des entreprises de grande qualité et capables d’accroître durablement leur capital, afin d’offrir aux clients des performances attractives sur le long terme.

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

Take a Walk on the Supply Side 

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

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big-picture video
Big Picture  •  21 mars 2024

Video: Ten Key Themes for 2024 

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

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page
Insight Article  •  14 mars 2024

Managed Futures as a Potential Solution to Market Volatility 

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

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global-fixed-income-bulletin page
Global Fixed Income Bulletin  •  12 mars 2024

Il est temps de prendre une décision 

Broad Markets Fixed Income Team
Les rendements ont été globalement plus élevés dans le monde entier en février, les acteurs du marché ayant révisé leurs attentes en matière de réduction des taux d’intérêt cette année. L’équipe Broad Markets Fixed Income explore l’impact sur les marchés.

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takeaways-key-expectations page
Takeaways & Key Expectations  •  7 mars 2024

Equity Market Commentary - March 2024 

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

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carons-corner audio
Caron's Corner  •  5 mars 2024  •  6:58 Min

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

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

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page
Media Appearance  •  1 mars 2024

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

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

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sustainable-investing calvert page
Calvert  •  1 mars 2024

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

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

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consilient-observer page
Consilient Observer  •  28 févr. 2024

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

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

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global-equity-observer page
Global Equity Observer  •  27 févr. 2024

Cap sur la qualité 

Bruno Paulson, Alistair Corden-Lloyd
La capitalisation est un atout précieux mais comment savoir si une entreprise a le potentiel d’être une valeur de capitalisation de qualité ? Nous mettons l’accent sur la rentabilité opérationnelle des capitaux employés (ROOCE) et les marges brutes. Les entreprises dont la ROOCE est élevée exercent généralement une activité générant des marges importantes et qui requiert peu d’actifs, tandis que les marges brutes élevées traduisent en principe un pouvoir de fixation des prix significatif. Ces caractéristiques nous indiquent les entreprises qui méritent d’être examinées de plus près et où nous devrions consacrer du temps à évaluer la durabilité de leur activité.

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big-picture video
Big Picture  •  26 févr. 2024

Big Picture: Key Themes for 2024 

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

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Caron's Corner  •  20 févr. 2024  •  6:17 Min

When Will Rising Bond Yields Matter for Stocks? 

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

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Tales From the Emerging World  •  20 févr. 2024

Taiwan's Silicon Shield  

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

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Sustainable Investing  •  16 févr. 2024

ESG Update 

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

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Global Fixed Income Bulletin  •  15 févr. 2024

Les obligations font-elles une pause ? 

Broad Markets Fixed Income Team
Après la performance stupéfiante du marché obligataire au quatrième trimestre, la hausse des rendements obligataires n’a pas vraiment été une surprise. Et maintenant, que se passe-t-il ? Les explications de l’équipe Broad Markets Fixed Income.

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Insight Article  •  15 févr. 2024

The Merits of Hedge Fund Co-Investments 

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

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Insight Article  •  10 févr. 2024

Managed Futures: A Primer 

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

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Takeaways & Key Expectations  •  8 févr. 2024

Equity Market Commentary - February 2024 

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

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Opportunity Optimum  •  7 févr. 2024

The India Opportunity 

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

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Caron's Corner  •  5 févr. 2024  •  5:48 Min

The BEAT Monthly: Our Top Four Ideas 

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

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Big Picture  •  5 févr. 2024

Key Themes for 2024 

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

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Media Appearance  •  2 févr. 2024

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

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

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Engagement Report  •  2 févr. 2024

Engage Winter 2023 

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

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Insight Article  •  1 févr. 2024

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

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

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Insight Article  •  1 févr. 2024

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

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

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Media Appearance  •  1 févr. 2024

Listen to Laurel Durkay discuss the currently compelling REIT valuations 

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

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Consilient Observer  •  30 janv. 2024

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

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

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Market Monitor  •  29 janv. 2024

Credit Market Monitor – Q4 2023 

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

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Caron's Corner  •  29 janv. 2024  •  6:10 Min

A Rate Cut Named Desire 

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

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Global Equity Observer  •  29 janv. 2024

« Personne ne sait rien »... contrairement à ce que pense le marché 

Bruno Paulson
Après une année qui a montré que personne ne savait rien, nous débutons 2024 avec des arguments solides tant pour les optimistes les plus enjoués que pour les pessimistes les plus moroses. Et bien que nous ne sachions si l’économie mondiale va connaître un atterrissage en douceur ou forcé, le marché quant à lui anticipe clairement une issue positive. Si l’on ajoute à cela les multiples de valorisation élevés, la situation actuelle se caractérise par une asymétrie défavorable, avec un potentiel de hausse limité et un potentiel de baisse important. En cas de choc de marché, l’idée consiste comme toujours à tout faire pour maintenir des performances absolues à long terme.

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Insight Video  •  29 janv. 2024

Resilience Matters 

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

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Media Appearance  •  22 janv. 2024

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

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

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Sustainable Investing  •  19 janv. 2024

Fixed Income ESG Outlook 2024 

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

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Media Appearance  •  17 janv. 2024

Lauren Hochfelder Discusses 2024 Commercial Real Estate Trends on Bloomberg Television 

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

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PATH  •  16 janv. 2024

Où allons nous pour la suite ? 

Jim Caron
Notre revirement vers le scénario idéal (« Goldilocks ») d’un atterrissage en douceur se poursuit, soutenu par les récentes statistiques macroéconomiques, le ralentissement modéré de la croissance et le regain de confiance concernant la diminution de l’inflation, ce qui va permettre aux banques centrales d’assouplir leur politique monétaire. Prenez connaissance des raisons pour lesquelles nous considérons que ces éléments corroborent nos perspectives positives à l’égard des actions.

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Annual  •  16 janv. 2024

The BEAT – Nos sept thèmes clés pour 2024 

Le contexte d'investissement en ce début d’année 2024 est très différent de celui qui prévalait il y a un an. L'inflation semble avoir atteint un pic, les taux d'intérêt vont probablement baisser et les portefeuilles équilibrés pourraient à nouveau retrouver leur rôle habituel. En soutien du Portfolio Solutions Group, le pôle Capital Markets Group dévoile nos sept thèmes clés pour 2024.

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Insight Article  •  16 janv. 2024

Digital (De)Dollarization? 

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

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Global Fixed Income Bulletin  •  12 janv. 2024

La hausse se poursuit, mais pour combien de temps encore ? 

Broad Markets Fixed Income Team
Les performances époustouflantes des marchés obligataires en décembre ont conclu de façon idéale une année en dents de scie. Le plus difficile est à venir. Les explications de l’équipe Broad Markets Fixed Income.

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