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big-picture page
The Big Picture  •  2 févr. 2023

Key Themes for 2023 

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

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Caron's Corner  •  1 févr. 2023  •  8:08 Min

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

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

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Caron's Corner  •  30 janv. 2023  •  13:13 Min

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

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

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global-equity-observer page
Global Equity Observer  •  26 janv. 2023

Les multiples de valorisation ont baissé. Les bénéfices vont-ils subir le même sort ? 

Bruno Paulson
Malgré la récession qui se profile, les estimations des bénéfices à terme restent remarquablement solides. Mais Bruno Paulson s'interroge : les bénéfices vont-ils baisser ?

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sustainable-investing page
Sustainable Investing  •  25 janv. 2023

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

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

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Insight Article  •  25 janv. 2023

Listed Infrastructure has Potential for Resilient Earnings, Strong Cash Flow 

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

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Caron's Corner  •  23 janv. 2023  •  13:51 Min

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

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

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Caron's Corner  •  17 janv. 2023  •  13:37 Min

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

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

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Insight Article  •  12 janv. 2023

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

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

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Caron's Corner  •  9 janv. 2023  •  11:56 Min

2023 Will Feel Worse on Main Street than Wall Street 

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

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Insight Article  •  9 janv. 2023

Rebalancing Acts 

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

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Aperçu video  •  6 janv. 2023

2023 : Rééquilibrage dans une année de transition - Vidéo  

Jim Caron
Jim Caron, le co-responsable des investissements de l'équipe Global Balanced Risk Control, partage son point de vue sur les marchés et discute de positionnement de portefeuille.

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Takeaways & Key Expectations  •  6 janv. 2023

Equity Market Commentary - January 2023 

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

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PATH  •  5 janv. 2023

Une année de transition pour les marchés de l’énergie 

Andrew Harmstone, Manfred Hui
Nous nous attendons à une année de transition pour les marchés de l’énergie, notamment en raison de la hausse des prix du pétrole et du gaz qui devrait entraîner un certain rééquilibrage du marché après les perturbations de l’année dernière. Les dynamiques qui sous-tendent les marchés de l’énergie sont un élément central de l’évolution de l’inflation, qui sera elle-même déterminante pour la performance des actifs en 2023.

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Global Fixed Income Bulletin  •  31 déc. 2022

2022 : Au revoir, Adieu, Amen ! 

Global Fixed Income Team
D’un point de vue obligataire, 2023 démarre sur une base plus solide et plus sûre. Les rendements sont sensiblement plus élevés et les spreads plus écartés, ce qui augure de bien meilleures performances pour 2023. Les explications de l’équipe de gestion obligataire.

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global-equity-observer page
Global Equity Observer  •  23 déc. 2022

Quand l'argent n'est pas gratuit 

Anton Kryachok
Comme il sera désormais plus difficile de stimuler la croissance par l’endettement en raison de la hausse des taux d'intérêt, nous pensons que la valeur relative des entreprises capables d’accélérer leur croissance organique ne peut qu'augmenter. Découvrez pourquoi les entreprises de nos portefeuilles présentant des bilans résilients sont mieux positionnées pour renforcer leur position concurrentielle, accroître la durabilité de leur rentabilité opérationnelle des capitaux employés (ROOCE) et enregistrer une croissance régulière et prévisible.

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big-picture page
The Big Picture  •  21 déc. 2022

Emerging Markets: Stepping Into the Spotlight 

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

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Insight Article  •  20 déc. 2022

Hybrid/Opportunistic Funds Offer Risk-Adjusted Returns 

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

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Caron's Corner  •  19 déc. 2022  •  12:33 Min

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

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

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Global Fixed Income Bulletin  •  15 déc. 2022

Un cadeau de Noël en avance 

Global Fixed Income Team
Seuls les chiffres permettront de déterminer si le rallye obligataire de novembre peut se poursuivre ou non. En attendant, l'équipe obligataire pense que les investisseurs devraient profiter de ce cadeau de Noël anticipé.

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2023-outlooks page
2023 Outlooks  •  14 déc. 2022

2023 Investment Outlook 

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

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2023-outlooks page
2023 Outlooks  •  14 déc. 2022

2023 Perspectives d’investissement 

Morgan Stanley Investment Management
Dans nos perspectives pour 2023, nos stratégistes macro et nos gérants des classes d’actifs en actions, obligations et produits alternatifs partagent leurs différents points de vue sur des thèmes clés, sur l'orientation des marchés après une année turbulente et sur le positionnement de leurs stratégies respectives.

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Caron's Corner  •  14 déc. 2022  •  11:29 Min

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

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

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consilient-observer page
Consilient Observer  •  14 déc. 2022

Capital Allocation 

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

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sustainable-investing page
Sustainable Investing  •  12 déc. 2022

Fixed Income 2022 Engagement Report 

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

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Engagement Report  •  12 déc. 2022

Engage Automne 2022 

International Equity Team
Dernier numéro d’Engage, la revue semi-annuelle de l'équipe Actions internationales sur son activité d'intervention sur l'ESG.

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Caron's Corner  •  12 déc. 2022  •  9:56 Min

The Important Differences Between Market Pricing and Fed Expectations 

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

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Insight Article  •  8 déc. 2022

The REIT Opportunity Today 

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

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Caron's Corner  •  5 déc. 2022  •  9:52 Min

Bucking the 2023 Consensus Expectations. But When? 

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

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PATH  •  5 déc. 2022

Résistance relative du marché du travail dans les pays développés, malgré une croissance plus lente 

Andrew Harmstone, Manfred Hui
Le déséquilibre post-Covid sur le marché du travail aux États-Unis semble commencer à se normaliser. En revanche, le marché du travail semble plus tendu en Europe étant donné que la hausse des salaires renforce le risque d’une persistance de l’inflation sous-jacente. Nous discutons de ces dynamiques et de ce qu’elles signifient pour la croissance et le positionnement.

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Insight Article  •  30 nov. 2022

Insights Blog: Five Findings from COP27 with Vikram Raju 

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

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takeaways-key-expectations page
Takeaways & Key Expectations  •  30 nov. 2022

Equity Market Commentary - November 2022 

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

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global-equity-observer page
Global Equity Observer  •  29 nov. 2022

L’efficacité des stratégies de prix élevés sur les marques distributeurs 

Nic Sochovsky, Alistair Corden-Lloyd
Dans le climat actuel de hausse des prix et de pression sur le coût de la vie à l’échelle mondiale, les grandes marques courent-elles le risque de voir les consommateurs réduire leurs dépenses ? L’équipe actions internationales explique pourquoi la perception des prix est importante, et à quel point certains signaux peuvent influencer la prise de décision.

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Caron's Corner  •  28 nov. 2022  •  9:13 Min

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

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

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Tales From the Emerging World  •  22 nov. 2022

Mining for a Greener Future 

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

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Global Fixed Income Bulletin  •  17 nov. 2022

Stupeur et confusion 

Global Fixed Income Team
En comparaison du chaos qui a régné au mois de septembre, le mois d’octobre s’est avéré relativement serein pour les marchés obligataires. Cela dit, les marchés ont continué d’afficher une performance mitigée, et l’on peut pardonner aux investisseurs d’avoir oscillé entre stupeur et confusion si l’on considère le niveau de volatilité, la dispersion des performances, le manque de liquidité, les politiques des banques centrales et la difficulté de déterminer la juste valeur.

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Caron's Corner  •  14 nov. 2022  •  16:24 Min

A Bear Market Rally or the Start of Something Bigger? 

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

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Market Alert  •  14 nov. 2022  •  4:55 Min

Market Alert with Andrew Slimmon 

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

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Tales From the Emerging World  •  9 nov. 2022

Vietnam's Emerging Consumer Class 

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

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consilient-observer page
Consilient Observer  •  9 nov. 2022

ROIC and Intangible Assets 

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

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Caron's Corner  •  7 nov. 2022  •  13:29 Min

Three Burning Questions Light the Recession Fuse 

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

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Insight Article  •  4 nov. 2022

Overcoming Behavioral Biases: The Importance of Our Proprietary Portfolio Exercises 

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

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PATH  •  3 nov. 2022

Inflation des services : un obstacle plus élevé à la poursuite de la hausse 

Andrew Harmstone, Manfred Hui
À mesure que les contraintes pesant sur les chaînes d'approvisionnement s'atténuent et que l'inflation des biens se normalise, de nombreux observateurs s'attendent à ce que l'inflation américaine recule. Mais la pression reste élevée dans les services en raison d’un marché du travail toujours tendu. Découvrez les impacts de ces vents contraires continus sur notre positionnement.

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Caron's Corner  •  2 nov. 2022  •  12:26 Min

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

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

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Insight Article  •  1 nov. 2022

Managed Futures: A Primer 

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

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Insight Article  •  1 nov. 2022

Managed Futures as a Potential Solution to Market Volatility 

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

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Insight Article  •  31 oct. 2022

MSIM Forward for October 2022 

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

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Global Equity Observer  •  31 oct. 2022

Les Superpouvoirs à la rescousse ? 

Bruno Paulson
Si la période faste que traversent actuellement les entreprises se transforme en temps durs, l'équipe Actions internationales estime que les deux superpuissances que sont le pouvoir de fixation des prix et les revenus récurrents seront essentielles. Les explications de Bruno Paulson.

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Caron's Corner  •  31 oct. 2022  •  13:26 Min

2023: A Year of Long and Variable Lags 

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

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Global Fixed Income Bulletin  •  27 oct. 2022

Comment la gestion obligataire peut-elle à nouveau générer un revenu ? 

Global Fixed Income Team
La déroute du marché obligataire, qui s'est poursuivie en septembre, aurait même pu être encore pire sans un rebond marqué lors des trois derniers jours du mois. Notre équipe Fixed Income vous fait part de ses réflexions.

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Media Appearance  •  24 oct. 2022  •  26:19 Min

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

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

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Insight Article  •  21 oct. 2022

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

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

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Insight Article  •  20 oct. 2022

Managing Inflation Risk through Improved Portfolio Optimization 

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

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Investment Insight  •  20 oct. 2022

Where to Next: A Framework for Resilience 

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

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Insight Article  •  18 oct. 2022

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

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

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Caron's Corner  •  17 oct. 2022  •  11:12 Min

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

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

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Insight Article  •  13 oct. 2022

Alternative Lending Through the Cycle 

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

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Caron's Corner  •  10 oct. 2022  •  11:27 Min

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

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

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Takeaways & Key Expectations  •  10 oct. 2022

Equity Market Commentary - October 2022 

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

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PATH  •  6 oct. 2022

Crise de l’énergie : Le pouvoir du positionnement 

Andrew Harmstone, Manfred Hui
Les répercussions de la crise de l’énergie ne sont pas les mêmes pour les pays importateurs que pour les pays exportateurs nets d’énergie. Nous expliquons quelles sont les implications pour les devises, les obligations et le positionnement tactique.

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Consilient Observer  •  6 oct. 2022

Return on Invested Capital 

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

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Caron's Corner  •  3 oct. 2022  •  6:30 Min

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

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

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Insight Article  •  1 oct. 2022

Biodiversity Loss and the Implications for Investors 

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

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Insight Article  •  30 sept. 2022

The Search for Income: Income the Right Way 

Richard Perrott, Bruno Paulson
How can investors access reliable income in the current market environment? The International Equity Team explores.

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Tales From the Emerging World  •  29 sept. 2022

Brazil: Restoring the Fiscal Anchor Is Key 

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

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Insight Article  •  28 sept. 2022

Earnings Era: Future Performance in Private Equity  

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

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Media Appearance  •  27 sept. 2022

Gregory Finck: Investing in Global Asset Backed Securities 

Gregory Finck
Asset backed securities face the same challenges as other fixed income segments and therefore sector and security selection will become more important in the coming years as the economy softens. Greg Finck, Head of the Global Fixed Income’s Securitized team, discusses.

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Media Appearance  •  27 sept. 2022

The Attractiveness of Global Asset Backed Securities With an ESG Tilt 

Gregory Finck
Gregory Finck, Head of the Global Fixed Income’s Securitized team, highlights asset-backed securities (ABS) as a bright spot amidst the predominantly negative yielding fixed income markets.

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Global Equity Observer  •  27 sept. 2022

Un accès actif 

Bruno Paulson, Laura Bottega
Alors que la résilience des bénéfices et le pouvoir de fixation des prix gagnent en importance dans un contexte marqué par la hausse des taux, l'inflation, le durcissement de la réglementation et la crise énergétique, notre équipe Actions internationales nous explique pourquoi elle estime que son approche active n’a jamais été aussi importante.

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Caron's Corner  •  26 sept. 2022  •  10:20 Min

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

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

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Global Fixed Income Bulletin  •  22 sept. 2022

Retour à la réalité 

Global Fixed Income Team
Le mois d’août a mis fin aux espoirs d’un cycle haussier sur les marchés. Après avoir fortement rebondi en juillet, les marchés obligataires se sont de nouveau repliés en août, signant des performances largement négatives. Les rendements, les spreads et les actions n’ont pas (du moins pas encore) retrouvé leur niveau de juin.

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Market Pulse  •  21 sept. 2022

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

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

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Caron's Corner  •  21 sept. 2022  •  10:18 Min

The Fed Tries to Get Ahead of the Market 

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

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Caron's Corner  •  19 sept. 2022  •  15:51 Min

The Strategy for Fixed Income as Yields Rise 

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

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Consilient Observer  •  15 sept. 2022

Market Share 

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

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Caron's Corner  •  12 sept. 2022  •  14:48 Min

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

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

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PATH  •  8 sept. 2022

Pas de solution miracle 

Andrew Harmstone, Manfred Hui
Le dilemme auquel sont confrontées les banques centrales perdure à mesure que ces dernières cherchent à contrôler l’inflation, au risque de pousser les économies en récession. L’équipe Global Balanced Risk Control présente les conséquences de cette situation en matière d’investissement et d’allocations tactiques pour faire face à cet environnement complexe.

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Market Alert  •  7 sept. 2022  •  4:22 Min

Market Alert with Andrew Slimmon 

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

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Caron's Corner  •  6 sept. 2022  •  13:12 Min

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

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

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Inflation  •  1 sept. 2022

Key Themes for 2022 – Video 

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

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Caron's Corner  •  29 août 2022  •  14:51 Min

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

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

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Global Fixed Income Bulletin  •  25 août 2022

Oh non, une surchauffe économique, non attendez, il s’agit d’une récession, non, c’est bien une surchauffe ! 

Global Fixed Income Team
Après un mois de juin particulièrement éprouvant, les marchés obligataires et du crédit ont radicalement changé de cap en juillet, générant, pour la première fois de l’année, une performance positive exceptionnellement élevée ! Notre équipe Fixed Income vous fait part de ses réflexions.

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Takeaways & Key Expectations  •  24 août 2022

Equity Market Commentary - August 2022 

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

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Global Equity Observer  •  22 août 2022

Vote par procuration : le processus d'incitation 

Vladimir Demine, Candida de Silva
Le vote par procuration, un privilège mais aussi une responsabilité. Alors que le vote par procuration intéresse de plus en plus les conseils d'administration et les directions d’entreprises, Vladimir Demine décrypte le rôle de cette pratique dans l'amélioration des performances à long terme des investissements, ainsi qu’aux problématiques persistantes réduisant l’efficacité du vote.

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The Big Picture  •  22 août 2022

China’s Geopolitical Aspirations and Challenges 

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

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PATH  •  9 août 2022

Rebond dans un marché baissier? 

Andrew Harmstone, Manfred Hui
Les preuves suggèrent que la vigueur récente des marchés des pays développés pourrait n'être qu'un rebond dans un marché baissier avec une nouvelle baisse possible. Voici comment l'équipe GBaR procède pour l'allocation des investissements afin de refléter les perspectives.

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Resilience  •  8 août 2022

Long Short Equity Strategies: "Hedging" Your Bets 

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

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Caron's Corner  •  8 août 2022  •  11:29 Min

Are Conflicting Data Points Foreshadowing or Forestalling a Downturn? 

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