22/09/2022
•
Asset Allocation
Fixed Income
Real-Time Macro Information and Bond Return Predictability: A Weighted Group Deep Learning Approach
This paper proposes a weighted group neural network model and reexamines whether treasury bond returns are predictable when real-time, instead of fully-revised, macro information is used.
19/09/2022
•
Asset Allocation
Pension Funds
Altruism or Self-Interest? ESG and Participation in Employee Share Plans
We ask how the ESG performance of firms affects the asset allocation of a large sample of French employees between their employer’s stock and alternative investments in firm sponsored savings plans.
13/09/2022
•
Economy & Markets
Fixed Income
ECB meeting: bold rate hike; watch out for more to come
Understanding the outcome of the latest ECB meeting and its fallout on the euro bond market.
13/09/2022
•
Economy & Markets
Equity
Reassessing the view on Europe: hot questions for investors
To understand how the stagflationary environment in Europe affects the region's markets.
12/09/2022
•
Investment Outlook
Emerging Markets
LatAm elections cycles wrapping up: politics and policy transitions in full swing of uncertainty
LatAm’s dramatic elections calendar that landed three leftist presidents in the Andean region might be two-thirds over, but the political and policy uncertainty created by these election results is far from it.
12/09/2022
•
Investment Outlook
Emerging Markets
Taiwan: depicting the unthinkable
Russia’s recent invasion of Ukraine has focused investors’ minds on the Taiwan issue and the People’s Republic of China’s potential approach to it.
12/09/2022
•
Investment Outlook
Equity
Q2 earnings season – strong results helped support the summer rally
The Q2 earnings season was again stronger than expected and contributed
to the equity market rally up to mid-August.
to the equity market rally up to mid-August.
12/09/2022
•
Investment Outlook
Central Banks
Rational inattention at the core of central bank strategy
The origins of inflation are not always well understood. While some economists had warned of impending inflation as early as last year, few had anticipated the dramatic shift in spending from services to goods and the effects of such a shift.
07/09/2022
•
Investment Outlook
Global Investment Views - September 2022
The GIV document elaborates on the latest views, convictions and outlook of our Global CIOs, different Investment Platforms and Macro-Strategy teams.