| |
Green Shoots With Deep Roots
|
The trajectory of fundamentals continues to surprise on the upside. Unlike others, we have been calling for global growth to reaccelerate after wobbling into the spring as a result of China’s economic problems, the Fed’s uncertain direction, and President Trump’s trade policies.
PineBridge Investments, May 2019 , Michael J. Kelly, Global Head of Multi-Asset
|
Value Investing:
|
Bruised by 1000 Cuts
GMO Asset Allocation Insights, May 15 2019 , Rick Friedman
|
US trade tariffs - who is really paying for them?
|
"To date, few end-consumer goods have been affected by these measures. President Trump may think that the US is immune, but he is mistaken."
ODDO BHF Corporates & Markets, Economy, Focus US, 10 May 2019 , Bruno Cavalier, Fabien Bossy
|
2018 U.S. Endowment Returns
|
"Data gathered from 802 U.S. colleges and universities for the 2018 NACUBO-TIAA Study of Endowments® (NTSE) show that participating institutions’ endowments returned an average of 8.2 percent (net of fees) for the 2018 fiscal year (July 1, 2017 – June 30, 2018) compared with 12.2 percent for FY17."
NACUBO-TIAA Study of Endowments (NTSE), January 2019
|
What’s Germany worth without the automotive industry?
|
Das Auto: one-off shocks and an existential crisis
ODDO BHF Corporates & Markets, Economy & Rates, 25 April 2019 , Bruno Cavalier, Fabien Bossy
|
What legacy will Mario Draghi leave to the ECB?
|
Could the ECB now revert to its original condition, i.e. an annexe to the Bundesbank?
ODDO BHF Corporates & Markets, Economy & Rates, 9 April 2019 , Bruno Cavalier, Fabien Bossy
|
Global economy – Winter Is Ending
|
The world economy entered 2019 with the bleakest prospects in three years (*). Without pretending to be exhaustive, we think it is worth recalling the three main sources of anxiety weighing on the global growth outlook, before seeing how they have changed over the past three months.
ODDO BHF Corporates & Markets, Economy & Rates, 12 March 2019 , Bruno Cavalier, Fabien Bossy
|
Japanese Banks Are Cheap—But for Good Reason
|
Value investors are being tempted back into the sector,
but problems remain.
T. Rowe Price, Insights on Japanese Equity, March 2019 , Archibald Ciganer, Portfolio Manager, T. Rowe Price Japan Equity Strategy
|
Europe: make or break?
|
In a baseline scenario, our review of economic conditions and risks prompts us to pluck for the first answer: it will make it. In other words, we think there is a higher chance that the Eurozone economy will stabilise and recover in the months ahead than weaken further and fall into recession. Fear of an economic slump can have some virtues.
ODDO BHF Corporates & Markets, Economy & Rates, 14 February 2019
|
The Evolution of Swiss Institutional Investor Portfolios
|
1920 - 2017
Corestone Investment Managers, 2018
|
