Podcasts by Talking Heads
BNP Paribas Asset Management’s Talking Heads podcast offers in-depth insights on the topics that really matter to investors. Each week, our investment experts join Daniel Morris, Chief Market Strategist, to analyse the market through the lens of sustainability.
For more insights, visit Viewpoint: https://viewpoint.bnpparibas-am.com/
Further podcasts by BNP Paribas Asset Management
Podcast on the topic Geldanlage
All episodes
A race between the ECB and the Fed? from 2023-12-11T14:43:28
Amid growing hopes that the US economy will land softly in 2024, financial markets are pricing looser monetary sooner than expected. John Bradley, Head of Foreign Exchange, and Daniel Morris, C...
Listen
New realities for investors in 2024 from 2023-12-04T15:48:49
In this episode of our Talking Heads podcast, Andrew Craig, Co-head of the Investment Insight Centre, and Daniel Morris, Chief Market Strategist, discuss our 2024 Investment Outlook “Stepping in...
Listen
Investment opportunities in Asian environmental markets from 2023-11-27T15:02:43
As elsewhere, in Asia the environmental challenges created by climate change is driving a search for new ways of living and doing business. Listen to this Talking Heads podcast with Oscar Yang, ...
Listen
Listed equities and the shift to a sustainable economy from 2023-11-21T11:17:59
How can investors invest in listed equities benefiting from the transition to a more sustainable economy? On this Talking Heads podcast, Andy Craig, Co-head of the Investment Insight Centre, tal...
Listen
Global emerging markets: adjusting to slower Chinese growth from 2023-11-13T13:35:43
Among Asian emerging market (EM) equities, many investors have focused this year on what they see as an usually lacklustre Chinese economy – traditionally an EM growth engine. The reality, howev...
Listen
What’s next for eurozone government bonds? from 2023-11-06T22:04:15
Resilient domestic demand and record-high profit margins at cash-rich companies have helped shield the eurozone economy from much of the effect of higher interest rates. However, the full impact...
Listen
The sun has risen for Japanese small caps from 2023-10-30T11:42:29
The end of two decades of deflation and wage growth have improved the prospects of the Japanese economy and with it the outlook for Japanese equities. Listen to this Talking Heads podcast with ...
Listen
Standing tall: US small caps from 2023-10-23T11:45:35
With market expectations for a US recession being ‘kicked down the road’, the outlook for US small capitalisation stocks has improved. Listen to this Talking Heads podcast with Vincent Nichols,...
Listen
Seeing the worth of the forest for the trees from 2023-10-16T09:40
For investors looking for alternative investments and new sources of income, investing in managed timber and woodland can be an attractive source of stable yields. Listen to our podcast with Ot...
Listen
ETF investing – Adjusting to the new rates regime from 2023-10-09T11:55:32
Two factors are driving growing interest in fixed income exchange-traded funds. First, bonds are back with yields at attractive levels relative to the era of low interest rates. Investors can lo...
Listen
Higher for longer bolsters outlook for money market funds from 2023-10-02T11:33:02
Money market funds have been in favour as central banks tightened monetary policy. Investment
Specialist Thibault Malin talks to Daniel Morris, Chief Market Strategist, about the bright outl...
‘Time to be serious about climate action financing’ from 2023-09-25T13:25:03
Investors can help to speed climate mitigation and adaptation measures by allocating more and more actively to the protection of ecosystems and natural carbon sinks as well as other pro-climate ...
Listen
Picking European stocks that have quality from 2023-09-18T14:25:37
What is the best way to actively manage an allocation to large-cap European equities? Listen to this Talking Heads podcast as Valerie Charriere details a broad-ranging assessment of the fundame...
Listen
Ongoing tailwinds favour European financials from 2023-09-12T10:22:32
At around 15%, financial stocks account for a significant part of European equity indices. What is the outlook for the sector now that interest rates have normalised? Jeroen Knol, portfolio mana...
Listen
Plainer sailing ahead for emerging market debt from 2023-09-04T13:45:43
The outlook for emerging markets is brighter than it is for developed markets when it comes to growth, inflation and public debt, Jean-Charles Sambor, Head of Emerging Market Debt, tells Daniel ...
Listen
Taking a closer look at climate-focused equity investing from 2023-08-29T10:59:08
Within the thematic investing approach, climate-focused strategies allow investors to invest in companies with a climate-friendly strategy and so do good while earning a return. Such strategies ...
Listen
Podcast com Aquiles Mosca e Daniel Morris sobre perspectivas macroeconômicas from 2023-08-03T13:51:06
Confira esta conversa sobre perspectivas de cenário macro entre Daniel Morris, Estrategista Chefe da BNP Paribas Asset Management e Aquiles Mosca, Head Comercial e Marketing da BNP Paribas Asset...
Listen
Peak rates or not, consider jumping the gun from 2023-07-31T09:16:49
While the question of peak US policy rates remains unresolved, it could be prudent for investors to start preparing for the time when inflation-busting policy tightening ends and slowing growth ...
Listen
Where do we stand on sustainability? from 2023-07-24T09:52:17
Sustainability is front and centre in all aspects for our activity as an asset manager. Listen to this Talking Heads podcast with Listen
Uncapped impact: Plug Power and the hydrogen economy from 2023-07-18T14:40:15
Our Environmental Strategies Group talk to businesses that, regardless of their size, are making a big impact. In the third of this series we discuss the green hydrogen economy, its future appl...
Listen
Mid-year outlook: “Is it different this time?” from 2023-07-17T12:46:29
What is the outlook for equities and bonds for the second half of 2023 after six months of worry about prospects for economic growth as central banks tighten monetary policy? Is recession inevit...
Listen
Water, water, solutions needed everywhere from 2023-07-10T13:21:43
Investing in solutions for water-related issues means investing in dealing with long-running phenomena such as climate change. Listen to this Talking Heads podcast with Justin who gives Andrew ...
Listen
Using behavioural insights for better investment decisions from 2023-07-03T10:13:28
The study of behavioural finance and its findings on the limitations to rational decision making helps explain the role of phenomena in shaping market events. Listen to this Talking Heads podcas...
Listen
Artificial intelligence (AI) excitement fuels tech stock rally from 2023-06-26T10:47:12
Despite a slowdown in IT spending, US technology stocks are driving the recent rally in US equity markets. Listen to this Talking Heads podcast with Derek Glynn, Associate Portfolio Ma...
Listen
How and why investors are using thematic investing from 2023-06-19T12:54:32
Achieving a positive impact and contributing to sustainable outcomes, as well as enhancing investment returns, feature as the prime reasons for investors to opt for thematic investing strategies...
Listen
Tapping private markets for the ecological transition and impact from 2023-06-13T13:18:32
While the need to transition the economy to greater sustainability is widely recognised, it is also clear that a wide range of sources are needed to finance it, including private markets. Liste...
Listen
Household loans, an alternative asset class that improves the mix from 2023-06-05T08:09:54
As growth in developed economies slows and restrictive monetary policy rates start to bite, investors looking to alternative markets for portfolio diversification and attractive returns could we...
Listen
Good times in European High-Yield Debt from 2023-05-30T12:44:59
Conditions in the European high-yield debt market are currently favourable for investors argues Olivier Monnoyeur, Head of High-Yield Debt. Listen to this Talking Heads podcast with Olivier Monn...
Listen
Offence or defence in multi-asset portfolios? from 2023-05-19T15:11:44
Signals of where we stand in the economic cycle are distorted as the global economy emerges from the unprecedented combination of a global pandemic plus massive quantitative easing and fiscal st...
Listen
Stewardship, the power of persuasion from 2023-05-15T15:42:05
On behalf of our clients, we act as a steward for the companies in which we invest, to encourage better governance and improve their financial, environmental, and social performance. Listen to t...
Listen
US equities: “It’s a great time to be a stock picker” from 2023-05-09T09:46:46
Geoff Dailey, Deputy Head of US equities, and Andrew Craig, Co-Head of the Investment Insights Centre, discuss recent trends in the US equity market in this edition of Talking Heads. Topics incl...
Listen
Secular trends shape the landscape for European equities from 2023-05-02T10:33:51
How are major global trends such as the drive towards greater sustainability and the reopening of China’s economy working out for European companies? Listen to this Talking Heads podcast with Da...
Listen
Capturing normalised yields in fixed income from 2023-04-24T15:43:52
Among emerging markets, India stands out as a potential source of outperformance as the economy looks set for a growth spurt on the back of government efforts to strengthen its infrastructure an...
Listen
Indian equities could outshine other EMs from 2023-04-17T13:54:08
Listen to this Talking Heads podcast with Daniel Morris, Chief Market Strategist, and Jayesh Gandhi, Head of India Equities. They discuss the case for a selective approach to emerging market inv...
Listen
Making investments in infrastructure debt impactful from 2023-04-11T15:44:02
Making investments in infrastructure debt impactful from a sustainability angle requires a perspective that goes beyond an attractive risk-return ratio and obvious green infrastructure assets su...
Listen
Money market funds: “It is worth taking care of your cash” from 2023-04-03T14:34:59
In times of heightened market volatility and rising policy rates, money market funds offer investors a haven, where they can park their cash safely in strategies offering liquidity and capital ...
Listen
Banks transition to a new regime from 2023-03-29T14:19:21
Over the last month, the banking sector has seen a spate of turmoil triggered by concerns over the possible effects of the steep rise in interest rates. In this special edition of our Talking he...
Listen
A silver lining for green stocks from 2023-03-27T15:34:09
Bank sector turmoil will likely lead to a reduction in credit in the US, particularly important for start-ups and venture capital investments. Listen to this Talking heads podcast with Edward Le...
Listen
Tapping into the wide fixed income opportunity set from 2023-03-20T12:21:31
Policy rate increases are reverberating across financial markets. This has caused volatility to spike higher, particularly in bond markets. Listen to this Talking heads podcast with portfolio ma...
Listen
Sheltering from volatility with real estate debt from 2023-03-13T15:56:54
Investors combing financial markets in search of safe passage amid rising interest rates and uncertainty over the direction of economies might want to look for a harbour in real estate debt. Lis...
Listen
US high-yield bonds, where do we go from here? from 2023-03-06T15:54:16
High-yield bonds – defined as corporate bonds rated below BBB− or Baa3 by established credit rating agencies – have had a good run since the fourth quarter of 2022. Listen to this Talking heads ...
Listen
No ‘silver bullet’ to improve food security from 2023-02-27T15:19:41
In recent years, food security has become a more prominent issue for consumers and governments, alongside energy security. In this Talking heads podcast, Portfolio Manager Agne Rackauskaite and ...
Listen
Bold stewardship to achieve ESG objectives from 2023-02-20T15:18:25
As elsewhere, recent years have seen a rise in the importance accorded by investors in Asia to allying their investments to environmental, social and governance objectives. Listen to this Talkin...
Listen
The strategic case for investing in private assets from 2023-02-13T14:44:45
Given concerns about a secular rise in inflation and higher policy rates, in addition to question marks about the capacity of traditional asset classes to generate attractive investment returns...
Listen
What to look for when allocating assets in 2023 from 2023-02-07T18:36:58
Listen to our quarterly asset allocation podcast with global head of multi-asset May...
Listen
Emerging market equities: it’s all eyes on the Chinese consumer from 2023-02-06T11:31:53
Given China‘s pivotal role as the world’s second-largest economy, its recent refocusing on lifting growth should be a tailwind for other economies. On this Talking heads podcast, Zhikai Chen, he...
Listen
Quantitative investing: using facts for security selection from 2023-01-30T13:41:12
Picking investable assets for a portfolio can be hard. Fundamental analysis focuses on what investors believe will happen in the future. On this Talking heads podcast, senior quantitative analys...
Listen
There is a reasonable alternative: mortgage bonds from 2023-01-23T12:44:54
After a bright start, US mortgage-backed securities face a sunnier year in which this fixed income asset class could reverse part of the gloomy outcome of a challenging and volatile 2022. In thi...
Listen
Make way, greenback, it is time for the euro and the yen from 2023-01-17T09:12:20
In what can be expected to still be volatile currency markets, the US dollar looks set to lose further ground in 2023 as its lustre as a high-yielding hedge fades. Listen to this Talking heads p...
Listen
Upturn beckons for emerging market corporate bonds from 2023-01-09T12:31:29
We anticipate a better year for emerging market corporate debt on the back of a brighter outlook for China and the wider Asian region. Listen to this Talking heads podcast with Alaa Bushehri, he...
Listen
Talking heads – Why biodiversity loss matters to investors from 2022-12-12T15:07:10
Since biodiversity loss affects large swaths of the economy, it should be front of mind for investors. Not least because, as Listen
Talking heads – What is happening in liability-driven investing? from 2022-12-05T15:03:34
Sergey Pergamentsev, head of Institutional Structured Management in the Multi Asset Quantitative and Solutions team, and co-head of the Investment Insights Centre Andrew Craig discuss recent dev...
Listen
Talking heads – Bonds are back! Investment-grade credit offers yield from 2022-11-28T16:11:37
The sell-off in bond markets this year has driven yields to levels that merit closer attention, says Listen
Talking heads – Asset allocation and the outlook for 2023 from 2022-11-22T09:21:01
Slower growth (and eventually, lower rates of inflation) will likely come in 2023 thanks to restrictive central bank monetary policy. What conclusions should investors draw for their allocations...
Listen
Talking heads – Be wary of wilting growth and mindful of green shoots from 2022-11-21T15:11:33
Thematic environmental strategies face countervailing forces in the near term. Support may come from the ‘green shoots’ of the recent growth stock recovery, offset by the downdraft of recessiona...
Listen
Talking heads – Carry is king after ‘annus horribilis’ in fixed income from 2022-11-14T16:21:52
While many bond investors have felt the earth move under the feet this year as the asset class experienced the finale of a 50-year bull market, the denouement has not stripped them of opportunit...
Listen
Talking heads – Committing to net zero as an asset manager from 2022-11-08T07:34:57
As part of its contribution to the low carbon energy transition, BNP Paribas Asset Management is taking action and implementing best practice, including in its investment strategies. This includ...
Listen
Talking heads – Water investing can withstand an economic storm from 2022-10-31T15:37:27
The tide is rising for water as an investment theme as it benefits from a growing awareness of both climate change and years of underinvestment, particularly in water infrastructure. This focus ...
Listen
Talking heads – Flies in the ‘green’ ointment? Take a longer-term view from 2022-10-17T12:33:44
Tumultuous geopolitical and economic times may be clouding the prospects for the high-growth renewables sector now, but investors should not lose sight of the longer-term potential of areas such...
Listen
Talking heads – Thematic investing: looking beyond the crises from 2022-10-10T14:42:12
Thematic investing, which centres on the long-term forces that shape consumer needs and industries, is a way for investors pivot away from traditional 60-40 portfolios to a broad and diversified...
Listen
Talking heads – As an alternative, consider a direct small lending portfolio from 2022-10-03T13:07:39
Investors shell-shocked by the fallout from high inflation, rising interest rates and slowing economies and looking to alternative markets for portfolio diversification and attractive returns mi...
Listen
Talking heads – Slow-motion recession leaves equities exposed from 2022-09-26T10:53:43
While equity markets are feeling the pinch from rising real rates, earnings reports and guidance are yet to reflect the effects of the encroaching recession. This leaves markets vulnerable to a ...
Listen
Talking heads – Energy crisis response should include faster transition from 2022-09-19T13:47:45
It is all hands on deck to deal with the current energy crisis, even if that forces countries to use more polluting fossil fuels to meet energy needs especially in the coming winter. However, th...
Listen
Talking heads – Opportunity knocks for global loans from 2022-09-12T11:53:12
Senior secured corporate loans are debt instruments similar to high-yield bonds in that they are rated below investment-grade (Ba1/BB+). They differ from high-yield in that they are senior secur...
Listen
Talking heads - A grim macroeconomic outlook for Europe from 2022-09-06T10:03:24
The summer has seen a sharp deterioration in prospects for the the euro area economy. The cost of living crisis is hitting consumers’ pockets hard. Europe’s manufacturing sector is contracting w...
Listen
Talking heads - The shock-absorbing nature of infrastructure debt from 2022-08-29T15:51:22
As a broad asset class underlying the full spectrum of economic activity and a non-cyclical slant, infrastructure debt has attributes that stand out for investors. One key point is that many of ...
Listen
Talking heads – For a yield pick-up and limited risk, choose IG credit from 2022-08-25T11:52:58
Base effects, lower (or less high) energy and raw materials prices and a broad economic slowdown later in the year may see eurozone inflation stabilise or retreat towards the end of 2023. Howeve...
Listen
Talking heads – Four books to read on climate change from 2022-07-18T14:19:47
Senior investment specialist for global equities Ramon Esteruelas briefs chief market strategist Daniel Morris on four books he has read on climate change. The books discuss the relevance of cli...
Listen
The uncapped impact series with GreenLight Biosciences from 2022-07-12T14:01:46
Until recently, humanity has relied on chemical solutions to address its biggest challenges. For example, our ability to grow food, to defend livestock against disease and to safeguard human hea...
Listen
Talking heads – There is nothing fluffy about (investing in) the cloud from 2022-07-11T13:51:30
While day-to-day ‘market noise’ may feature big in many investors’ minds, it is worth mining long-term structural trends as well for opportunities. Cloud computing is one such trend, offering ma...
Listen
Talking heads – For defensive and attractive, choose real estate debt from 2022-07-04T15:01:53
Listen to this Talking heads podcast with Christophe Montcerisier, head o...
Listen
Talking heads – There is resilience in asset-backed securities from 2022-06-27T17:36:17
Listen to this Talking heads podcast with senior portfolio managers D...
Listen
Talking heads – Solutions to improve food security from 2022-06-13T14:11:41
Food security has shot to the top of the agenda for governments and economists, but also investors. The war in Ukraine has highlighted the fragility of cross-border supply chains and countries’ ...
Listen
Talking heads – Getting to grips with sustainability regulations from 2022-06-07T11:18:09
The rapid growth in sustainability investing in recent decades has bolstered the need for greater transparency as investors increasingly want to know where and how sustainably their money is inv...
Listen
Talking heads – Shortlisting listed real estate from 2022-05-30T14:38:08
In an investment environment laden with challenges from rising interest rates to a possible global slowdown, listed real estate comes with advantageous features such as inflation-resilient cash ...
Listen
Talking heads - ESG investing and the role of the ‘S’ in company performance from 2022-05-23T15:44:56
Investing with a view to a sustainable future has often focused on environmental and governance issues – the ‘E’ and ‘G’ of ESG. However, the path towards a more inclusive society means social f...
Listen
Talking heads – Maintaining course through volatility in disruptive technology from 2022-05-16T15:22:27
Disruption of supply chains is just one factor investors in new technologies currently have to contend with. A fundamental reevaluation of the outlook for US interest rates and as a consequence,...
Listen
Talking heads – Introducing private equity impact investing from 2022-05-10T08:47:01
Private equity impact investing offers investors access to an attractive asset class that can help diversify a portfolio and earn attractive returns. In addition, it offers an extra-financial co...
Listen
Talking heads – US small caps – Fortune favours the bold from 2022-05-02T13:08:06
US small-cap stocks are trading near 10-year lows on various metrics, which disregards their typical resilience in periods of rising interest rates and slower economic growth.
Listen
Talking heads - China to deliver on growth in 2022 from 2022-04-26T10:59:43
In early March, Chinese policymakers announced economic growth of around 5.5% would be targeted for 2022. Since then, a number of headwinds have led to doubts China’s GDP growth will reach 5%. I...
Listen
Talking heads – Look for value in the value style from 2022-04-19T14:11:30
Value investing remains a worthwhile approach, even after an extended period of underperformance. A rebound has now set in that looks sustainable. Rising interest rates should be supportive of t...
Listen
Talking heads - A new foreign exchange regime? from 2022-04-11T14:48:09
Foreign exchange (FX) markets can be viewed as a derivative asset in that they tend to be driven by volatility in other asset markets. Since 2015, most of the leading currencies have traded in r...
Listen
Talking heads - The inflation revival from 2022-04-04T15:23:29
Inflation has bounced back vigorously from its pandemic-era lows: The headline rate for the US consumer price index has reached a 40-year high, while in the eurozone, the headline rate for the h...
Listen
Talking heads – Putting cash to work in volatile markets from 2022-03-28T17:51:14
To help multi-asset portfolios cope with the geopolitical shock of Russia’s invasion of Ukraine, a move into cash can be useful. At BNP Paribas Asset Management, we have implemented such an appr...
Listen
Talking heads – Geopolitical storm tugs at fixed income moorings from 2022-03-21T16:33:51
Global bond markets already faced challenging times before the conflict in Ukraine, but they at least had a clear expectation to work with: the prospect of firm central bank action to tackle ris...
Listen
Talking heads – Three questions on geopolitical upheaval and equity investing from 2022-03-10T08:25:20
Global markets have seen wide swings as concerns over tighter supplies and crimped trade in the wake of Russia’s invasion of Ukraine caused investors to head for safe havens away from risk asset...
Listen
Talking heads – Testing times for corporate bonds from 2022-02-28T22:37:35
Heightened market volatility and uncertainty over the pace at which the ECB will unwind its bond purchases are the main tests investors in European corporate bonds have to contend with currently...
Listen
Talking heads – Health and climate concerns drive water segment demand from 2022-02-22T09:30:36
Investing in water-related stocks means tapping into a multi-decade opportunity for growth and innovation. Demand in this segment stretches across the breadth of the economy – from tackling agei...
Listen
Talking heads – Building back stability in Chinese equities from 2022-02-14T15:50:25
Chinese equities look well set to confront the challenges that Omicron, stricter regulation and moderating growth will bring. Revised earnings expectations and valuations mean their second-half...
Listen
Talking heads – Emerging market debt: Don’t look the other way from 2022-02-07T15:18:12
In a contrarian call, our emerging market debt team sees appealing opportunities in EM bonds. Specifically in those markets where inflation is likely to peak ahead of developed markets in which ...
Listen
The uncapped impact series with Sunnova from 2022-01-31T18:56:39
Our Environmental Strategies Group talks to businesses that, regardless of their size, are making a big impact. In the first of this series we speak to John Berger, CEO of Sunnova Energy Interna...
Listen
Uncapped impact: Sunnova and the energy transition from 2022-01-31T18:56:39
Our Environmental Strategies Group talk to businesses that, regardless of their size, are making a big impact. In the first of this series we speak to John Berger, CEO of Sunnova Energy Internat...
Listen
Talking heads – Looking for direction as Fed pivots from 2022-01-31T16:18:37
The prospect of a momentous pivot in US monetary policy with gradual withdrawal of the generous provision of liquidity has left markets pondering over valuations. Investors face a challenging ye...
Listen
Talking heads – Financing sustainable development from 2022-01-24T21:13:36
To tackle poverty, climate change and improved access to, for example, education, central banks and governments need to rethink fiscal policy and the impact of deficit spending. Trillions of US ...
Listen
Talking heads – “A lot of value to be had” in multi-sector fixed income from 2022-01-17T15:26:02
At first sight, tighter US monetary policy and stubbornly high US inflation does not seem an ideal mix for bonds. There’s a lot more to it than that, argues James McAlevey, head of multi-sector ...
Listen
Talking heads – Full valuations make 2022 a challenging year from 2022-01-10T16:15:17
The set-up for financial markets is more challenging in 2022, especially for core government bonds and fully valued equities, given the prospect of higher interest rates. In our new Talking head...
Listen
Market weekly – Emerging markets head into 2022 in better shape from 2021-12-13T14:18:41
Stronger economic fundamentals and vaccination progress mean the 2022 outlook for Asian equities, and more broadly global emerging market equities, is rosier now than it was at this time a year ...
Listen
Market weekly – Investors will need to ‘shoot the rapids’ in 2022 from 2021-12-06T13:56:50
Leaving behind a momentous year marked by new phases of the pandemic and by sputtering efforts to re-start the global economy, we look ahead to 2022. Can we overcome the effects of issues such a...
Listen
Market weekly – A portfolio-level COP26 scorecard from 2021-11-29T15:21:41
The recent UN climate change conference in Glasgow has if anything brought a broader focus on environmental issues and added to the growing awareness and momentum behind the need for positive ch...
Listen
Market weekly – Climate change: It is adapt or… from 2021-11-22T14:57:22
The results of the recent COP26 climate change conference fall into the glass half full, glass half empty category. The onus now is on greater efforts to adapt to higher global temperatures as w...
Listen
Market weekly – Emerging markets set to surface from tough year from 2021-11-15T15:31:59
It has been a challenging year for investors in emerging markets – equities have lagged their developed market counterparts, EM debt has delivered a mixed performance. Covid outbreaks have hampe...
Listen
Market weekly – Addressing the challenges institutional investors face from 2021-11-09T12:06:51
Confronted with low, but rising rates and frothy equity valuations, large investors are having to look elsewhere for investments offering both attractive long-run returns and modest to low vo...
Listen
Market weekly - The why and how of thematic invest from 2021-11-01T12:35:54
Globalisation, regulation and deregulation, digitalisation and innovation are playing an important role in reshaping economies, sectors and industries and these megatrends are creating Listen
Market weekly – Unlocking the value in fixed income from 2021-10-25T13:20:33
At first glance, bond markets these days may look like deserts – there is little or no yield on offer with large patches appearing barren or even offering only negative yields. That is to ignore...
Listen
Market weekly – Confidence in storm-hit China should return from 2021-10-18T11:15:24
Investors with China exposure, or an appetite for it, face a raft of issues ranging from slower growth, which may or may not be condoned by Beijing, to toughened and expanded clampdowns on secto...
Listen
Market weekly – Convertible bonds: multi-functional and flexible capital from 2021-10-11T10:19:03
Convertible bonds are hybrid instruments combining bond and equity characteristics. As a result, they offer some equity upside, but with bond-like protection on the downside. If we are at the st...
Listen
Market weekly – US stocks pause after winning streak from 2021-10-04T13:16:03
The S&P 500 stock index ended September down by 4.8%, its first monthly drop since January and the largest fall since March 2020. Vincent Nichols, investment specialist for US equities, revi...
Listen
Market weekly – Transforming tech: Innovation and regulation from 2021-09-20T12:47:01
At the centre of a pandemic-induced boom, stern regulation efforts and forays into new turf, the technology sector is making almost daily headlines and requires robust research to separate the p...
Listen
Market weekly – Private debt stands out amid the uncertainty from 2021-09-13T14:26:55
Uncertainty over the macroeconomic landscape and the outlook for monetary policy currently combine with an awareness among investors that by many measures, valuations in public markets are on th...
Listen
Market weekly – Pandemic leaves consumers smarter about their food from 2021-09-06T14:29:32
What will be the consequences of the Covid-19 pandemic for the food and agriculture sector? How is the transition towards more sustainable food production and consumption affected? Agne Rackausk...
Listen
Market weekly - Focusing on the ‘S’ – What is in it for investors? from 2021-07-19T13:01:21
It is a win-win for companies to target the social aspects of doing business, next to environmental responsibility and proper governance, and it can be so for investors as well, argues senior po...
Listen
Market weekly – Fixed income: 2021 reflation trade, where art thou? from 2021-07-12T14:42:30
In mid-June, Fed Chair Jay Powell pulled the rug from beneath the reflation trade by suggesting current inflation pressures were perhaps not transitory after all. Fixed income markets promptly r...
Listen
Market Weekly: Infra debt: Investing in the backbone from 2021-07-05T14:42:36
While many parts of the economy had to shut down as the coronavirus pandemic raged, the lights stayed on, water flowed from taps and internet connections buzzed. The crisis has highlighted the i...
Listen
Market weekly: Ecosystem restoration: Why should investors be interested? from 2021-06-28T15:55:23
Addressing ecosystem restoration is just as pressing as tackling CO2 emissions and can generate billions of dollars of investment opportunities, as Listen
Market weekly: There is more to emerging market equities from 2021-06-21T14:26:13
Emerging market equities offer investors a wide range of diversification opportunities across economies with a solid post-pandemic growth profile that include, but also stretch beyond, China and...
Listen
Market weekly – Corporate bonds: Resilience amid rising inflation from 2021-06-14T13:40:40
Thanks to central bank largesse, corporate bond markets weathered the depth of the Covid crisis well. Risks to credit markets today appear low with gradually improving fundamentals, neutral cent...
Listen
Market weekly – Asia: A good place to change climate change from 2021-06-04T19:37:48
On account of the region’s strong economic growth, Asia has a considerable impact on climate change, but at the same time is, perhaps disproportionately, exposed to its effects. That makes engag...
Listen
Market weekly – European equities: About to catch up from 2021-05-31T09:24:41
Fund flows to date have massively favoured US equities, but European equities now have considerable scope to catch up as the economic recovery broadens and investors reassess their valuations re...
Listen
Market weekly – Biodiversity: Why nature loss matters from 2021-05-24T05:53:02
Climate change and pollution are among the factors reducing biodiversity. The result is considerable damage to society and the economy. Listen
Market weekly – Risk-on to rock on in second half from 2021-05-17T15:35:33
The economic recovery should broaden into a synchronised global upturn in the course of the second half of this year, favouring risky assets including commodities, equities generally and notably...
Listen
Market weekly – Recovery and structural shifts signal inflation ahead in the US from 2021-05-10T13:40:23
Inflation has been quiescent in developed economies in recent years. Today, the possibility that we may be on the brink of a secular shift away from the low-flation regime is a topic of intense ...
Listen
Market weekly – Why invest in inclusive growth? from 2021-04-30T17:30:59
Being open to an inclusive growth approach goes hand in hand with a focus on long-term performance and contributes to a better climate for doing business and investment. As investment special...
Listen
Market weekly – Creation and disruption in healthcare from 2021-04-26T09:41:27
Long-term growth trends and innovation continue to create demand for healthcare at a rate that exceeds the pace of economic growth. Jon Stephenson, portfolio manager for healthcare stocks discu...
Listen
Market weekly – Four questions on green bonds from 2021-04-19T13:49:26
Green bonds have grown and matured as a fixed-income segment over the past decade. The need for climate action has spurred a raft of green projects and activities that combat climate change and ...
Listen
Market weekly – Time for US bond investors to shift to greater flexibility from 2021-04-12T14:19:52
The outlook for US interest rates is shifting towards a normalisation of central bank policy now that the economic recovery appears to be entrenched. Ken O’Donnell, head of short duration fixed ...
Listen
Market weekly – Strong fundamentals underpin Asian equities from 2021-03-29T09:34:16
Asian equities rode high early in the year amid optimism over the recovery in China, the new US administration and improved relations with China, and the advent of vaccines. The outlook for inve...
Listen
Market weekly – The technologies contributing to net zero from 2021-03-22T14:34:53
Eliminating carbon dioxide emissions over the coming decades will require multi-billion dollar investments, as well as a wide range of efforts to reduce energy consumption, increase efficiency, ...
Listen
Market weekly – Factor-based investing: it works for corporate bonds too! from 2021-03-15T13:49:24
Applying factors when selecting corporate bonds for investment helps build a portfolio with a performance that can be shown to be resilient when markets face rising interest rates and increased ...
Listen
Market weekly – What is fixed income for? Absolute return from 2021-03-08T13:51:06
Bond investors may well need to change tack as they navigate a positive outlook for economic growth and the implications that currently has for fixed income returns. Listen
Market weekly – Fresh impetus to ESG investing from 2021-03-01T15:32:39
The pandemic has led to greater awareness of environmental, social and governance (ESG) issues, both in a personal and business sense. This has reinforced the case for ESG investing as a way ...
Listen
Market weekly – Looking for pockets of value in high-yield bonds from 2021-02-22T15:03:29
Massive financial support from governments and central banks during the lockdowns in 2020 underpinned valuations for European high-yield bonds. The secret to doing well this year will be a total...
Listen
Market weekly – Which way for carbon and offshore wind pricing in the energy transition? from 2021-02-15T14:37:53
Market mechanisms can play an important role in managing the energy transition. In two markets, recent developments have signalled potential shifts: carbon prices appear to be heading higher in ...
Listen
Market weekly – A true alternative: private debt and real assets from 2021-02-08T15:23:08
Markets in private debt and real assets offer investors potential for meaningfully positive returns with diversification. Listen
Market Weekly - Climate change, a critical issue for our time from 2021-02-01T15:38:44
The pandemic has underscored existential problems, climate change in particular. This is spurring a wave of awareness, ambitious projects and investments in technology that will be crucial for d...
Listen
Market weekly – Spend, spend, but no inflation in sight from 2021-01-25T15:24:30
US government spending to help the economy cope with the dire consequences of COVID-19 looks set to reach record peacetime levels, but absent a boost to inflation, it is unlikely to set in motio...
Listen
Market weekly – Equities’ dashboard signals another good run from 2021-01-18T14:28:19
Equities look set for a positive 2021: last year’s themes and secular change should persist with support coming from factors such as dovish monetary policies. However, risks linger, not least th...
Listen
Market weekly – Water, water, everywhere – and in your portfolio? from 2021-01-11T16:23:51
A finite resource in ever growing demand, water represents a durable growth area in both developed markets suffering from underinvestment and emerging markets in need of more infrast...
Listen
Market weekly – Eurozone interest rates are near the bottom from 2020-12-14T12:35:07
Eurozone interest rates are “at the floor” of the short end of the government bond yield curve, pushing investors towards the longer end as they seek areas in fixed income that can still offer a...
Listen
Market weekly - Multi-factor equity investing - Turning the corner after a difficult 2020 from 2020-12-07T15:01:06
Underperformance of multi-factor equity investing in 2020 has led some investors to question the strategy. Raul Leote de Carvalho, deputy head of our quantitative research group, discusses the r...
Listen
Market weekly – What we expect for 2021 from 2020-11-30T15:59:49
How can investors navigate the next phases of the pandemic, its legacy, and the ensuing economic recovery? Can we solve the climate crisis at the same time as the world tackles the social and ec...
Listen
Market weekly - Opportunities in Chinese fixed income from 2020-11-23T15:14:30
A combination of factors is leading global bond investors towards the Chinese bond market. Jean-Charles Sambor, head of emerging market debt, and Daniel Morris, chief market strategist, discuss ...
Listen
Market weekly – Embark on the engine of growth with Asian equities from 2020-11-16T14:40:55
Asian equities have come through the pandemic standing tall and the prospects are for a continued strong run as household wealth rises and economies grow. Zhikai Chen, head of Asian equities, la...
Listen
Market weekly – “It’s the virus, stupid” from 2020-11-09T15:04:49
The main factor determining the US economic outlook has been and will be the course of the pandemic, with the incoming administration’s ability to deal with its effects on the economy and busine...
Listen
Market weekly – Greener becomes prominent on food investing menu from 2020-11-02T13:27:04
Changing awareness is driving a shift in consumers’ relationship with food, limiting their appetite for animal products and boosting their interest in the environmental, social and health aspect...
Listen
Market weekly – US MBS: a solid foundation and more from 2020-10-27T09:03:01
US mortgage-backed securities (MBS) currently offer an attractive yield pick-up over US Treasuries and have even greater appeal over comparable bonds elsewhere, which in many cases bear negative...
Listen
Market weekly - Chinese equities are go from 2020-10-19T13:25:17
China’s stocks appear to have left boom and bust behind. After outpacing major markets since a COVID-induced dip, Chinese equity markets are on a much better footing with the recent gains propel...
Listen
Market weekly – US election: four more years or a new course? from 2020-10-13T07:49:19
Some three weeks ahead of the US presidential election, it is time to assess the latest polls and the implications for economic policy and financial markets of a Trump or Biden win. US economist...
Listen
Market weekly – Looking under the hood of disruptive technology from 2020-10-05T11:37:43
The pandemic has caused a quantum leap in growth in areas such as cloud computing, artificial intelligence and automation. Yet this trend may well have much further to run. Guy Davies, CIO of Eq...
Listen
Market weekly – Carbon neutrality is achievable by 2050 from 2020-09-28T13:32:47
The EU’s new targets for emissions reductions are realistic and achievable and should lift the price of CO2, encouraging more emitters to switch to doing business in a more environmentally frie...
Listen
Market weekly – Infrastructure debt for the long run from 2020-09-21T13:19:59
Developing infrastructure assets, that is the physical structures and networks providing essential services, will be key in building the post-COVID-19 economy. Investment in infrastructure debt ...
Listen
Market weekly – Still room for positive yields in USD, GBP money markets from 2020-09-14T14:20:48
Central banks provided economies with ample cash as the economic effects of the COVID-19 health crisis bit, driving down interest rates – and absolute returns – in the process, but as Philippe R...
Listen
Market weekly - Reducing the risk of digital inequality from 2020-08-24T13:30:25
The COVID-19 pandemic has accelerated digitalisation trends in education, healthcare and commerce. However, many citizens are at risk of being left behind in the move to a digitalised society. A...
Listen
Market weekly – US small caps stand to expand their lead on large caps from 2020-08-10T15:06:50
Stimulus measures, a bounce for the economy and attractive valuations have converged to brighten the prospects for US small caps, says Pamela Woo, head of US equities.
Get mor...
Listen
Market weekly - Fintech in emerging markets equals access to financial services and more from 2020-08-03T13:29:48
Fintech - smart phones, digital payments, e-commerce - is facilitating financial inclusion in emerging markets, boosting economies and local labour markets
Get more: Listen
Market weekly – Fixed income is now a bond picker’s market from 2020-07-27T12:24:07
Bond yields have fallen ever lower as the COVID-19 recession and disinflation have forced central banks and governments to implement whatever-it-takes measures to save jobs and industries. In do...
Listen
Market weekly – The environment, an extraordinary investment opportunity from 2020-07-20T12:31:30
Demand for energy, food and water is set to grow significantly over the next 20 years as the global population grows. Meeting this demand while reducing carbon emissions and addressing environme...
Listen
Market weekly – Private debt and real assets: a resilient asset class across cycles from 2020-07-13T16:25:28
Investors looking for alternative and resilient sources of yield as mainstream investments are held back in an environment of ‘lower for longer’ growth and inflation are increasingly eyeing priv...
Listen
Market weekly – Much too little inflation or too much inflation: which will it be? from 2020-07-06T11:51:17
Whatever-it-takes spending programmes by governments and central banks to prop up economies stricken by the COVID-19 pandemic have raised concerns that this wall of money will unleash inflation ...
Listen
Market weekly - The case for global emerging market equities from 2020-06-29T12:15:27
In this week’s podcast, Vincent Nichols, investment specialist for global emerging market (EM) equities, discusses the case for EM equities with Daniel Morris, our senior market strategist.
... Listen
Market weekly - What to expect after the Great Pandemic of 2020 from 2020-06-22T12:23:21
The unprecedented crisis caused by COVID-19 has left asset allocators disorientated. Uncertainty has deepened and the outlook is now for bond and equity returns to be lower for even longer, maki...
Listen
Market weekly – Factor investing in equities: lessons from the COVID-19 crisis from 2020-06-15T13:51:01
Our multi-factor equity strategy seeks to tilt portfolios towards value, quality, low volatility and momentum stocks. During the recent rally in developed equity markets, exposures to these fact...
Listen
Market weekly – Consumer innovators in the post-pandemic world from 2020-06-08T12:36:07
The rise of millennials, digital consumption and shifting demographics are among the big trends reshaping the consumer sector. How does the 2020 pandemic affect them? In this week’s podcast, Pam...
Listen
Market weekly – Do you have the equity protection you need? from 2020-06-01T07:50:24
In this week’s podcast, Daniel Morris, senior market strategist, discusses with Julien Halfon, Head of Pension and Corporate Solutions, the role risk overlays can play in equity portfolios and ...
Listen
Market weekly – Healthcare, an investment theme for the coming decade from 2020-05-25T08:37:42
Both US and global healthcare stocks have outperformed their respective broader markets during the coronavirus pandemic. This is just the start of a long-term trend, says Jon Stephenson, senior ...
Listen
Market weekly – Riding the digital transformation with US equities from 2020-05-18T12:16:18
Lockdowns have fastforwarded the digital transformation of our economies. Senior investment strategist Daniel Morris and Pam Hegarty, portfolio manager and senior equity analyst for US equities,...
Listen
Market weekly – Seize the opportunities with active equity strategies from 2020-05-11T11:47:14
After the recent strong rally in developed equity markets, senior investment strategist Daniel Morris and Guy Davies, chief investment officer active equity strategies, discuss the outlook and w...
Listen
Market weekly – Fixed income – deflation, not inflation, is the main risk now from 2020-05-04T09:25:23
After a rollercoaster ride in April, senior investment strategist Daniel Morris and Dominick DeAlto, chief investment officer fixed income, discuss what will matter next for developed bond marke...
Listen
Market weekly – Chinese equities – ahead of the curve from 2020-04-27T09:21:21
Year to date, the Chinese market is one of the best performing equity markets globally. Can such performance be sustained for the rest of 2020 and beyond? Senior investment strategist Daniel Mo...
Listen
Market weekly – Time to add risk in multi-asset portfolios? from 2020-04-20T10:27:08
Senior investment strategist Daniel Morris and Denis Panel, Chief Investment Officer of the Multi-Asset and quantitative solutions team (MAQS), discuss the challenges to asset allocation in this...
Listen
Market weekly - Quality will withstand volatile equity markets from 2020-04-14T08:52:10
Senior investment strategist Daniel Morris and Guy Davies, Chief Investment Officer active equity strategies, discuss the outlook for equity markets.
Get more : Listen
Market weekly - Sustainability and resilience in volatile markets from 2020-04-06T09:09:12
At the end of the third week of lockdown across much of Europe, Daniel Morris, senior investment strategist, and Mark Lewis, global head of sustainability research, discuss the situation in fina...
Listen
Market weekly - Some calm after the storm from 2020-03-30T10:25:06
As a measure of calm is restored in financial markets, Guillermo Felices, head of research and strategy for Multi-Asset and Quantitative Solutions (MAQS), and Dominick DeAlto, chief investment ...
Listen
Market weekly - This policy response can turn the tide from 2020-03-23T11:04:42
After a week of unprecedented central bank interventions in financial markets, Richard Barwell, global head of macroeconomic research, and Denis Panel, chief investment officer for multi-asset a...
Listen
Market weekly – Quality is now key from 2020-03-16T11:04:36
After a momentous week in financial markets, our investment specialists discuss the impact of the coronavirus on equity markets, what the recent correction means for investors and how we are pos...
Listen