GaveKal: China's radically different answer to US fiscal spending
While the US and Europe have chosen the path of unprecedented fiscal spending and monetary easing, China is doing the accept opposite. On the long term, this will lead to an appreciation of the renminbi and a depreciating dollar which will push inflation higher in the West, argues GaveKal founder Charles Gave in his latest monthly contribution to Investment Officer.
AXA IM: €13bn milestone in green, social and sustainability bonds
AXA IM re.aches €13bn milestone in green, social and sustainability bonds and unveils a strengthened framework to assess such investments
"EM green bonds have more impact"
Green bonds in developed markets often appear greener than their counterparts in emerging markets. But investors should read too much into this, according to Maxim Vydrine, manager of the Amundi Emerging Markets Green Bond Fund.
Sun European Partners: no more turnaround investments
Private equity investor Sun European Partners has shifted its focus from typical turnaround investments to ‘good companies that we can turn into top companies’, said Mark Corbidge, head of Sun Capital’s European subsidiary, in an exclusive interview with Investment Officer. ‘Special situations awards we no longer accept.’
Are US equities too expensive? Yes, but…
According to traditional valuation metrics, US equities are expensive. In this analysis, we provide two arguments for continued outperformance of US equities, and two in favour of better performance of non-US equities.
Storebrand: Storebrand's Climate Policy to accelerate green transition
Storebrand Asset Management wants to intensify action on climate and to quicken the green transition.
'Real estate daily dealing soon a thing of the past'
In a lot of funds investing in illiquid assets, such as property, daily dealing is likely to disappear. “The idea that you can have property in a fund you can buy or sell shares in on a daily basis has been exposed to be a lie.”
PGIM Investments: Finding Long-Term Growth, Avoiding Passing Trends
Why interest rates, market rotations, and inflation aren’t game changers but secular transformations are.
Capital Group | Semiconductors could be the new oil – here’s why
If anything, we see semiconductors powering the next decade of global growth in an increasingly data-hungry world, much like oil fuelled the rise of industrial economies in the last century.
Inflation or no inflation? The jury is still out
The emergence of inflation is particularly hotly debated at the moment. Is the current uptick in commodity and other input prices sufficient to cause an inflation surge? Opinions differ widely, as is evident from the views of various asset managers.