Interest Rates

06DEC 2017

Fixed Income

Outlook 2018: Asian bonds

Improving global growth and low inflation should be supportive forces for Asian bonds in 2018 but higher oil prices could be a headwind for the region.

05DEC 2017

Fixed Income

Outlook 2018: Emerging markets debt relative

A solid global backdrop, improving fundamentals and relatively attractive income to drive continued, albeit more modest, gains in 2018 despite increased country divergence.

04DEC 2017

Equities

Outlook 2018: European equity income

As inflation returns investors will need a very different portfolio to the one that has served well over the past few years.

01DEC 2017

Multi-Asset

Outlook 2018: Multi-asset

We are focused on generating returns while the going is good, but also remain alert to any sign that the benign backdrop may be changing.

NOVEMBER

22NOV 2017

Fixed Income

Yield curve flattening: overdone or more to come?

Investors often fear a flattening of the US yield curve as it tends to suggest a lower growth environment ahead. But we think quantitative tightening will likely have an unprecedented impact on the US bond market, just as QE did.

13NOV 2017

Economic Views

More rate cuts to come after Russia growth slows?

Russian growth slowed more than the market expected in the third quarter, supporting the argument for further rate cuts by the central bank.

03NOV 2017

Economic Views

Rates set to rise again in December as US jobs rebound

Latest payroll data sees jobs market rebound and keeps the prospect of a further rate rise in December on the cards. But wages stay subdued.

02NOV 2017

Economic Views

Bank of England raises interest rates but are there more hikes to come?

Despite a sluggish economy, the central bank is worried about rising inflation pressures.

OCTOBER

27OCT 2017

Equities

The headaches and the hope among top policymakers

IMF and World Bank meetings send a broadly optimistic message about the economic cycle.

26OCT 2017

Economic Views

End in sight for Brazil’s easing cycle

With Brazil announcing another interest rate cut, we think the easing cycle is likely to end in December.