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Economic & Market Commentary
Economic and Market Commentary
The Aftershock Economy
Markets will likely face more volatility as the global economy exits a period of massive fiscal and monetary support. In this post-policy era, attractive yields on high quality bonds encourage a more resilient approach to investing.
Whether Pause or Pivot, Look to Bonds
An allocation to fixed income may help investors navigate a potential recession as well as uncertainty around the Federal Reserve’s policy trajectory.
Fractured Markets, Strong Bonds
The effects of tighter financial conditions are becoming apparent, bringing forward the risk of recession while suggesting a supportive backdrop for bonds.
The Strategic Case for Commodities
With their ability to act as an inflation hedge, diversifier and return enhancer, commodities should be considered an important portfolio allocation over the long term.
When High Alpha Met Low Beta
A closer look at performance across hedge fund styles.
Modernizing the Diversification Toolkit: Allocating to Defensive Alternatives
A guide for investors embarking on the journey of building a defensive alternatives program.
On-and-Off-and-On-Again Progress Toward a U.S. Debt Ceiling Agreement
We remain constructive on a deal coming together in time to avert a default on U.S. debt, though we expect continued drama in the very near term.
Pausing Is Not on the ECB’s Agenda as Inflation Concerns Persist
The European Central Bank hikes rates and indicates there is more ground to cover.
Evolving Risks Prompt One More (Likely Final) Fed Hike
Tighter credit conditions pose increasing risks to economic activity, leading the U.S. Federal Reserve to signal a likely pause.
Education & Research
Interest Rate Swaps
Interest rate swaps have become an integral part of the fixed income market. These derivative contracts, which typically exchange – or swap – fixed-rate interest payments for floating-rate interest payments, are an essential tool for investors who use them in an effort to hedge, speculate, and manage risk.
Understanding Alternative Investments
Alternative investments offer opportunities to diversify portfolios in times of market uncertainty. But among a range of options, investors must first understand the risks and benefits.
Across the Spectrum: Understanding Public and Private Credit
Credit provides a rich opportunity set for investors.
Media & Press Releases
Europe, Middle East & Africa
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