Institutional Asset Management News and Insights
H1 2022 in perspective: How long will the downturn last?
How much further can stocks and bonds fall, how long will the downturn last, when can we expect to recover the losses incurred this year? While we do not have a crystal ball and cannot give any guarantees about future performance, we endeavour to provide our portfolio...
Can central banks tame inflation?
Inflation will remain high through most of the second half of this year and in some countries, such as the UK, it will most likely move into double-digits during the autumn as planned energy hikes feed through. Over the past 2 years, inflation forecasting has been...
The recession emerges from the shadows
A late but forthright shift in central bank guidance, coupled with decisive monetary policy action, has coincided with a natural slow-down in economic activity. This has raised the prospect of an outright recession across major developed economies. Recent bond market...
ANDPAPERS Q3 2022 | CENTRAL BANKS TIGHTENING INTO A RECESSION
The first half of 2022 has drawn to a close with both equities and fixed income posting big losses. The US stocks have had the worst start to the year in over 50 years. With bond markets having had the worst start to the year since records began. Uncertainty is the...
The Debrief | Q3 2022
We invite you to sit down with our Chief Investment Officer, Pau Morilla Giner, and Head of the Private Investment Office, Iain Tait, as they debrief on the last quarter and look ahead to potential market trends for Q3 2022. They examine the geo-political shifts,...
Inflation: what next?
Inflation will inevitably rise sharply in coming months as the Russian invasion of Ukraine has added to the ongoing commodity price shock. Inflation may approach 8–9% across a number of the major economies, which is well above inflation targets. Key factors: Supply...
Is a recession on the cards?
Central banks are currently facing a complex situation: ignoring the inflation crisis is not an option but tightening too fast could easily tip the economy towards a recession. The economic growth projections have been lowered across all economies, largely in reaction...
ANDPAPERS Q2 2022 | CENTRAL BANKS ON THE MOVE
The devastating impact of the war in Ukraine has had profound economic repercussions. Russia and Ukraine represent a small share of global GDP and financial markets, but the spike in oil and gas prices triggered by the conflict (and the subsequent sanctions) has...
Central banks: demand management or demand destruction?
The devastating impact of the war in Ukraine has had profound economic repercussions. The spike in oil and gas prices triggered by the conflict (and the subsequent sanctions) has raised the threat of the worst stagflation shock since the 1970s. The Ukraine invasion...
Calling the shots
Kate Miller of London & Capital and Jack Meskunas of Oppenheimer discuss the importance of investing captive assets and finding the right asset manager to ensure a captive operates efficiently and effectively. Asset management has a fundamental role in ensuring a...
INVESTMENT RISK MANAGEMENT FOR INSURERS: HOW EFFECTIVE IS VALUE AT RISK (VAR)?
For P&C insurers operating today, managing evolving investment risk, and accurately assessing your asset-liability risk profile, have quickly risen up the list of internal challenges and priorities. For some insurers, traditional measures of risk seem to paint a...
The Debrief | Q2 2022
We invite you to sit down with our Chief Investment Officer, Pau Morilla Giner, and Head of the Private Investment Office, Iain Tait, as they debrief on the last quarter and look ahead to potential market trends for Q2 2022. They examine the geo-political shifts,...