All Strategies articles – Page 12
-
Features
Bolt-on growth
As a fast-track route to growth with a focus on efficiency gains, buy-and-build seems perfectly-suited to our low-growth world, writes Jennifer Bollen
-
Interviews
Institutional ambition
It probably wasn’t planned this way, but Four Capital Partners was set up by Derrick Dunne and ex-Schroders UK equities managers Tom Carroll, Ted Williams and Chris Rodgers on the precipice of the financial crisis. Established in 2006, its first UK equities fund was launched in April 2007, on the very day that New Century Financial went Chapter 11.
-
Features
On the road again
The convertible bond market finally woke up in September. But Martin Steward finds that there is a long way to go before portfolio managers are out of the woods
-
Asset Class Reports
Sovereign Bonds: Risk-free no longer
Joseph Mariathasan looks at how investors are adapting to the new world of sovereign bond risk
-
Asset Class Reports
Sovereign Bonds: The world’s shallowest cliff
Rock-bottom yields and a poor debt outlook – brought into focus by the ‘fiscal cliff’ – make US Treasuries a tough ‘safe haven’ to love, finds Joseph Mariathsan
-
Asset Class Reports
Sovereign Bonds: Denmark: an unlikely haven?
Denmark’s bonds, perceived as a safe haven from volatility in the euro-zone, have the lowest yields on the market. But Pavle Sabic argues that its fundamentals versus its Nordic neighbours suggest this is not simply about credit risk
-
Asset Class Reports
Sovereign Bonds: Would you credit it?
The split between Gilts and non-Gilts could be waiting to define tomorrow’s performance in UK fixed income strategies, finds Martin Steward
-
Interviews
Life on planet TOBAM
Quantitative asset managers aren’t particularly noted for prioritising ESG matters.
-
Special Report
As safe as houses
The fixed index-linked cashflows provided by social housing and infrastructure investments can be attractive to investors comfortable with long-term investing, finds Nina Röhrbein
-
FeaturesGo with the flows
Dividends really do pay off in emerging markets. Martin Steward asks why, and what the theories tell us about how far investors should tilt towards higher yields.
-
Features
If the euro breaks up
Declan O’Sullivan and Lindsay Trapp outline some of the operational challenges that fund managers could face in the event of a break-up of the single currency
-
Asset Class Reports
Sovereign Bonds: Competing premia
Martin Steward finds portfolio managers agreeing on the need to find some spread. But where – in corporate bonds, or peripheral sovereigns?
-
Asset Class ReportsSovereign Bonds: Curve balls from credit markets
The temptation to look beyond sovereigns for yield is understandable. But Martin Steward finds that the obvious move into top-quality corporates may not be the way to do it
-
Asset Class Reports
Emerging Market Debt: Why liquidity matters
Lorenzo Naranjo offers a case study of the Chilean corporate bond market to show how difficult pricing can be in illiquid markets, and tenders a solution
-
Asset Class Reports
Emerging Market Debt: Blurring the lines
Many emerging market credits look better than most in the developed world. But Joseph Mariathasan finds that progress towards approaching global sovereign debt as a single asset class has been slow
-
Features
Who turned out the lights?
Dark liquidity, which started as a way to hide big trades,now mostly offers liquidity in bitty, small packages. But Martin Steward finds signs that the pendulum is swinging back again
-
Features
Lost horizons
The growing gap between trading and investing is changing the face of equity markets, argues Per Lovén
-
Features
Speed is good
Richard Olsen argues that, far from slowing down, transaction volumes need to increase by a factor of thousands, and that pension funds should benefit from its uncorrelated alpha
-
Asset Class Reports
Emerging Market Debt: The real issue
Do negative real rates in inflating economies make a case for taking emerging currency exposure without the bond duration? Joseph Mariathasan finds a complex picture
-
Asset Class Reports
Emerging Market Debt: Sorting though the ‘stuff’
In an asset class dominated by top-down commentary, Martin Steward finds bottom-up alpha defining performance
