Briefings

  • Active tends to underperform on average
    Features

    Briefing: Active ways to prosper in EMs

    February 2021 (Magazine)

    On the battlefield on which active managers fought their passive enemies for investors’ custom, there was one patch of higher ground that seemed easier to defend – emerging market equities.

  • Impact of MiFID II
    Features

    Briefing: The sum of all fears

    February 2021 (Magazine)

    Three years on from the onset of MiFID II, market participants, governments and regulators are assessing its outcomes and considering adjustments. 

  • Tide turning for ESG fixed-income
    Features

    Briefing: Tide turning for ESG fixed-income

    February 2021 (Magazine)

    The supply of ESG-aligned bonds is increasingly underpinned by regulatory pressures and client demand for products targeting non-financial objectives. As the investable universe grows, so the number of funds and assets will increasingly find their way towards fixed-income ESG solutions. However, to strike the right balance between financial and non-financial returns investors should look for ESG-authentic leaders with good risk-return capabilities

  • Benchmark Risk - February 2021
    Features

    Qontigo Riskwatch - February 2021

    February 2021 (Magazine)

    * Data as of 31 December 2020.

  • Masayuki Kichikawa
    Features

    Briefing: Japan emerging from its invisible lockdown

    January 2021 (Magazine)

    Japan is all too often portrayed as being different from other countries. Not just distinctive in the obvious sense that every country has its own national peculiarities. Instead, somehow unique in a way that makes it stand out from every other country.

  • Matt Orton
    Features

    Briefing: Still a strong case for US stimulus

    January 2021 (Magazine)

    The next awaited US stimulus programme remains a mystery. Congress must agree on funding specifics, but the final composition of the Senate will be unknown until this month. Republicans and Democrats have been battling over spending priorities since COVID-19 struck last spring, with competing priorities.

  • Benchmark Risk - January 2021
    Features

    Qontigo Riskwatch - January 2021

    January 2021 (Magazine)

    * Data as of 30 November 2020.

  • Lorraine Specketer
    Features

    Briefing: Feast or famine

    December 2020 (Magazine)

    With the end of the COVID-19 pandemic still out of sight, any forecast of the size of economic damage it will inflict has to be viewed with caution. Yet there seems to be a consensus that default rates on leveraged loans will stay elevated throughout 2021 and beyond. 

  • Capital market structure
    Features

    Briefing: An unfortunate lack of ambition

    December 2020 (Magazine)

    The second Capital Markets Union (CMU) Action Plan of the EU Commission lacks ambition. This at a time when the EU Commission wants to set an industrial policy for the EU to bolster competitiveness in key sectors. It also comes shortly before the UK’s departure from the EU. Yet a vision of what the EU wants to achieve, by when and how, is missing.

  • Sorca Kelly-Scholte, JP Morgan Asset Management
    Interviews

    Interview: Sorca Kelly-Scholte on the future of RPI

    2020-11-06T16:36:00Z

    Sorca Kelly-Scholte, JP Morgan Asset Management’s (JPMAM) EMEA head of pension solutions and advisory, discussed with IPE.com editor Venilia Amorim how she thinks pension funds can plan for the road ahead, in light of the uncertainty over the future of RPI and whether or not it gets fully phased out. ...

  • Shiv Kumar
    Features

    Briefing - ILS: resilience despite the thrills

    November 2020 (Magazine)

    Institutional investors have piled into insurance-linked securities (ILS) with the goal of adding reliable returns and a touch of diversification to their investment strategies. 

  • Oliver Dichter
    Features

    Briefing: Tail-risk hedging lessons from the corona crisis

    November 2020 (Magazine)

    The coronavirus crisis illustrates that equity collar strategies may still have a place for pension funds

  • Julia Angeles
    Features

    Briefing: Growth beyond COVID

    October (2020) Magazine

    The outlook for institutional investors may be gloomy, with the global economy in recession and interest rates stuck at extremely low levels. 

  • Nick Brooks
    Features

    Briefing: Which way will inflation blow?

    October (2020) Magazine

    Investors pondering the future course of inflation are scratching their heads – faced as they are with a powerful array of deflationary factors, opposed by a potent lineup of inflationary factors.

  • Isabelle Vic-Philippe
    Features

    Briefing: Germany finally issues green bonds

    October (2020) Magazine

    There was little doubt that the German finance ministry would eventually tap the green bond market. Germany is committed to reaching net zero greenhouse emissions by 2050.

  • Greater diversity through real estate and alternative investments
    Features

    Briefing: A time to be calm and focused

    October (2020) Magazine

    The corona pandemic has become an emotional rollercoaster for investors. First, came the market collapse, followed by panic sales. Then, hot on the heels of the turmoil, normalisation and new stock-market highs.

  • Features

    Briefing: Timing is everything in distress

    September 2020 (Magazine)

    After an extended period in the wilderness, distressed debt funds – bereft of opportunities because of ultra-low interest rates and economic buoyancy – are back in the spotlight with large players coming to the market.

  • Features

    Briefing: The long march to deleveraging

    September 2020 (Magazine)

    Global debt reached a new record during the first quarter of this year, reaching 331% of GDP, or $258trn (€229trn), according to the Institute of International Finance, the global association of the finance industry. 

  • Crude oil price
    Features

    SWFs: Never waste a good crisis

    July/August 2020 (Magazine)

    Despite pressure on revenues from oil and gas, Arab sovereign wealth funds are taking opportunistic bets in foreign markets in the face of global economic turmoil

  • Features

    Briefing: The unbearable lightness of investing

    July/August 2020 (Magazine)

    Open the newspaper. Any newspaper. Read the front page and then the money pages. Absorb, assimilate, repeat. After half a dozen goes, a pattern is clear.