Green transition and monetary policy

Watching the wavelets: while the dataflow is inconclusive, investors and central banks are still waiting for signals from Mr Trump and Mr Xi.

Carbon reduction: Moving away from carbon footprint towards carbon footpath

As concerns surrounding climate change continue to intensify, equity investors increasingly need to understand how this could
impact their investment portfolios. In addition to obvious...

Macrocast - Mood music

Sometimes central banks are lucky. We expressed last week our concerns over whether the Federal Reserve had provided enough of a pre-emptive accommodation to afford a pause, but we have had some...

Iggo's Insight: A very British bounce?

There are potential opportunities in UK equities. However, these are dependent on the post-election and post-Brexit environment.

Cyber Monday: 4 reasons online sales are surging

Cyber Monday evolved as the digital equivalent of US shopping holiday ‘Black Friday’, as retailers encouraged people to shop online.

Just Transition: Managing the social impact of a low-carbon transition

‘Just transition’ is the name given to an emerging concept taking into account the social impact on these workers and communities of transitioning to a low-carbon economy.

Gender diversity by Anne Tolmunen

Europe is witnessing something of a watershed moment – and it’s nothing to do with Brexit. International Monetary Fund chief Christine Lagarde and German politician Ursula von der Leyen are...

Macro insights - US GDP beats expectations, Fed cuts rates and UK Parliament agrees to December election

Last week was a big one for the US. Third quarter (Q3) GDP came in at 1.9%, modestly above our own 1.8% forecast and firmer than the consensus expectation of 1.6%.

Macrocast - Too little capital

When in doubt, stick to what worked before. This seems to be the Fed’s motto as it is navigating a complex macro configuration, in which uncertainty is high, sentiment is poor but hard data remain...

Iggo's Insight - Boom, bust or blah!

The end-cycle slowdown could still end up in a recession in the next year or so. But it would be an odd one. Real rates never got anywhere near as high as before previous recessions in the US and...

Demystifying portfolio construction for secured finance assets

It is only in the last few years that institutional investors have started to comprehensively consider the more niche alternative asset classes available to them.

Dividend investing in Eurozone equity markets

Dividend investing in Eurozone equity markets

Macro Insight - Fed expected to cut rates for third time in a big week of economic data

The economy forces its way onto the US centre stage this week. The Federal Reserve will announce its latest interest rate decision and give a press conference on Wednesday evening.

Macrocast - Northern lights

While observers last week were understandably focusing on Mario Draghi’s last press conference, in terms of hard news the interesting bit came from Sweden.

October Investment Strategy - Re-balance sheet policy

With some progress on the trade war and Brexit, some tail risks are receding. But we are far from resolution.

Macro insights - Chinese growth at three-decade low, Brexit deal agreed but uncertainty continues

Better September data not enough to arrest China’s growth slowdown. A moderate recovery in September activity failed to prevent China’s GDP growth from falling to 6% - its lowest in almost three...

Macrocast - Can “Draghism” survive Draghi?

Mario Draghi will preside over his last Governing Council meeting this week.

We see a potential for higher inflation breakevens and find value in short duration inflation linked bonds

Inflation expectations are depressed despite inflation forecasts remaining stable this is a value opportunity in our opinion, we see room for higher inflation breakevens.

MACROCAST - Tunnelling out? Not so fast

Given the accumulation of risks and the disappointing data flow this year, we have learned to take comfort in small things.

AXA IM's Matt Christensen reflects on the 2019 Global Impact Investing Network (GIIN) conference

Matt Christensen, Global Head of Responsible Investment at AXA IM, shares his views from the 2019 Global Impact Investing Network (GIIN) conference.