Schroders: Inflation post-Covid-19 – deux scénarios
Quelles sont les prévisions d’inflation pour l’après-crise du Covid-19 ? Abdallah Guezour, responsable du pôle Emerging Market Debt and Commodities chez Schroders, et Keith Wade, chef économiste, envisagent deux scénarios dans un podcast.
Dramatic reshuffle for S&P Low Volatility Index
The S&P 500 Low Volatility Index, consisting of the 100 least volatile stocks in the index, was rebalanced last week. The outcome? No less than two thirds of the index has changed. Healthcare is now the largest single sector in the index.
While the annual rebalancing of the S&P 500 index yielded virtually no changes in its composition, that’s very different for the S&P 500 Low Volatility Index - which is rebalanced on a quarterly basis.
‘Short but fierce value rally ahead’
The difference in valuations between expensive and cheap stocks has overshot in recent weeks. Investors can therefore expect a period of outperformance of value stocks. However, this will not last too long.
Investors’ asset allocation consensus now seems stronger than it has ever been. Pretty much all investors are overweight in quality and growth stocks, avoiding the sectors most affected by the corona crisis.
Liquidity holds up in Luxembourg funds
Liquidity in Luxembourg’s funds is a key concern for the CSSF, Luxembourg’s financial regulator. With all asset class crashing over the last month, investors have had no easy safe-haven options, and many have sought to sell up and hold cash. However, to date, this stress appears not to have led to the suspension of any Lux fund.
Fund managers expect new market correction
Two in three fund managers think we are still in a bear market, the latest Bank of America Fud Manager Survey shows. They expect another market correction later this year, most likely caused by a second wave of Covid-19 infections.
Capital Group : Guide to market recoveries
If market declines make you nervous, then you’re not alone. Especially now, when COVID-19 and its economic impact are fuelling feelings of uncertainty around the world.
Covid-19 - Luxembourg’s cross-border labour supply at risk
The opportunity of teleworking is one of few silver linings to the coronavirus crisis. Especially for the 25,000 cross-border workers in the financial sector, it has been a relief. Will they be willing to resume their tough daily journeys to work after the lockdown?
Coronavirus image boost for healthcare stocks
As a result of the corona crisis, investors suddenly look at healthcare companies very differently. ‘The pandemic has changed the perception of the sector in the eyes of the outside world,’ says Lydia Haueter, manager of the Pictet Biotech Fund.
UBS AM: Our approach to stewardship
Stewardship enables us to have a voice and exercise ownership rights to improve disclosures and transparency and affect corporate activities, policies, and behaviors.
BMO GAM: COVID-19 and climate change
The impact of COVID-19 on climate change has made for some positive newsflow amid the daily death tolls and sobering economic data releases, as headlines report on clearer skies and falling CO2 emissions.