Investors reassess strategic asset allocation as negative correlation returns
With the restoration of the negative correlation between equities and bonds, the structure of strategic asset allocation is once again under debate among asset owners and asset managers. Was the shift away from the traditional 60/40 portfolio towards a permanent allocation to private markets a lasting course correction — or merely a temporary response to an extraordinary period? Investment Officer spoke to four leading investment professionals.
CSSF tightens ESG supervision as EU rulebook shifts
Luxembourg’s financial regulator has updated its supervisory priorities for sustainable finance for 2026, reinforcing scrutiny of sustainability disclosures, governance frameworks and portfolio alignment across the financial sector.
Negative Swiss rates back in focus as Franc surges
The sharp rise in the Swiss franc following U.S.–Israeli strikes on Iran has brought an issue back into focus that many believed had been settled: negative interest rates in Switzerland.
Share prices follow earnings, always
Stocks follow earnings per share. Over the long term, the correlation between earnings growth and share price performance is as high as 98 percent. Everything else is noise. Macro fears, geopolitical tensions, quarterly results that fall short by a fraction — in the long run, they hardly matter. What counts is how much a company earns and how those earnings develop over time.
Janus Henderson: Fixed Income Q4 Strategy Videos
Watch our latest Fixed Income strategy update videos.
Janus Henderson: Global Perspectives: ABS may provide attractive opportunities
In this episode, Portfolio Managers John Kerschner and Nick Childs discuss the asset-backed securities (ABS) market, identifying key risks and opportunities for investors seeking to navigate the evolving fixed income landscape.
‘Ghost GDP’ masks lurking AI risk for labor market and inflation
Does AI-driven 'Ghost GDP' mean growth is failing to translate into consumer spending?
Oil, gas prices take center stage in market reaction to Iran strikes
Oil and gas prices rose sharply on Monday as investors assessed the implications of U.S.-Israeli airstrikes on Iran and Tehran’s retaliation, with markets focused on whether the conflict risks widening.
Global Small Caps: Unlocking value through governance engagements in Japan
In recent years we have intensified our active ownership approach with Japanese companies, aiming to boost capital efficiency, improve governance structures and enhance shareholder returns.
Iran’s oil shock puts the Teflon-market thesis to the test
Markets enter the week facing not simply another geopolitical headline, but the prospect of a structural energy repricing. After US-Israeli strikes killed Iran’s supreme leader and Tehran retaliated across the region, investors are bracing for a sharp adjustment in oil and gas markets when trading resumes. The issue is no longer whether risk premia rise, but how disruptive and persistent they may become. “The implications for energy markets and commodities, especially for crude oil and LNG flows, are asymmetric and could trigger severe market reactions very soon,” said Cyril Widdershoven, a senior advisor at Blue Water Strategies.