Latest White Papers

Global Emerging Market Equities: Keeping It in the Family

Published by: Janus Henderson Investors

Glen Finegan, Head of Global Emerging Market Equities, believes that family ties make for a formidable force in both business and investing, and discusses how it is an important consideration in uncovering attractive, long-term investment opportunities within global emerging markets.

The Fed’s Swap Lines During the Crisis: Lender of Last Resort on a Global Scale

Published by: PGIM Fixed Income

A decade after the worst of the Global Financial Crisis (GFC), Nathan Sheets, PhD, former director of the Division of International Finance for the Federal Reserve Board, looks back at the instability of the global financial system and details the role of the Federal Reserve as the international lender of last resort.

Making an Impact Through Active Equity Ownership

Published by: ClearBridge Investments

Public equities, by virtue of their global scale, make powerful impacts all over the world. At ClearBridge, we amplify this impact by being intentional active investors through capital allocation and direct company engagement, driving positive change while contributing to financial returns.

Retirement Income Comes into Focus for Plan Sponsors

Published by: Aon, Franklin Templeton Investments, JPMorgan Asset Management

In this round table discussion, Rob Reiskytl, partner, actuarial consultant at Aon, Drew Carrington, senior vice president, head of institutional DC at Franklin Templeton Investments, and Anne Lester, portfolio manager and head of retirement solutions at JPMorgan Asset Management, discuss the opportunities and challenges around retirement income for plan sponsors, how automation may fall short for near-retirees and how to think about fiduciary risks when it comes to retirement income.

Investing in today’s Commercial Real Estate market: It’s all about that basis

Published by: Schroders

Today, the US Commercial Real Estate (CRE) market is characterized as a market with high property valuations. With this challenge in mind, we believe there are attractive opportunities to lend in areas of the US CRE market, where capital provision is inefficient.

Direct Loan Origination: A Superior Alternative in Lower Middle Market Credit

Published by: PennantPark

The most common question investors ask us today is whether credit investments are producing attractive risk adjusted returns at this stage of the cycle. In this paper, we discuss why the best opportunities for yield today likely exist in directly originated private credit opportunities in the lower middle market.

Income for the Retirement Years: A New Model for Seeking Stable Retirement Income

Published by: PIMCO

Retirement planning decisions – when to take Social Security, how to allocate assets and whether to buy an annuity – are complex and interrelated. We present a framework that aims to optimize these decisions collectively and seeks stable and consistent retirement income.

Bond Avengers: QE Infinity War

Published by: BMO Global Asset Management

What does the Marvel movie franchise have in common with the bond market? And what could reading old comics tell us about the market impact of an inverted yield curve, China's impact on Treasuries or trillion dollar deficits?

Tapping a Misunderstood Alpha Source - Effective Corporate Bond Portfolio Construction

Published by: Aviva Investors

Learn how bond portfolio construction can help uncover alpha sources.

Introducing the S&P Risk Parity Indices

Published by: S&P Dow Jones Indices

Risk parity strategies embody diversification—across time and asset classes. However, because there are so many ways to implement these strategies, it can be difficult to define an appropriate benchmark. Discover one transparent, investable solution.

A Goldilocks Economic Backdrop Demands Caution, Not Complacency, From Bond Investors

Published by: Manulife Asset Management, PFM Asset Management, Segal Marco Advisors

In this round table, Thomas C. Goggins, senior managing director and senior portfolio manager on the global multisector fixed-income team at Manulife Asset Management, Marty Margolis, chief investment officer at PFM Asset Management LLC, and Don Sheridan, a director on the fixed-income research team at Segal Marco Advisors, discuss the trends shaping fixed-income markets, including inflation and the flattening yield curve, opportunities around the globe and risks that investors need to keep an eye on.

AsiaNow—Understanding the Rise of Innovation in Asia

Published by: Matthews Asia

The Asia region is riding a wave of homegrown innovation with long-term investment implications. Matthews Asia examines the rise of Asia’s own pioneering—not copycat—brands, intellectual property and market structures. Themes include advances in biotech, AI, banking, electric vehicles and social media.

Why Health Care Stocks May Hold Opportunities for Equity Investors

Published by: State Street Global Advisors

After falling behind technology in earnings growth since December 2016, health care has seen improvements in all segments in Q2 2018.

Capital Market Assumptions: Methodology Update

Published by: Invesco

Invesco's Capital Market Assumptions are designed to direct the construction of multi-asset portfolios and keep investors informed about the markets. Invesco’s Global Solutions team provides forecasted returns for equities, fixed income and alternatives over a 10-year and five-year time horizon.

Can Uncle Sam Protect You From Higher Interest Rates?

Published by: WisdomTree

As the Fed raises rates, the rate hike is reflected in the weekly 3-month Treasury Bill auction, not only offering investors a rate hedge for their portfolios but also providing the opportunity for higher yield enhancement as a result of the Fed’s tightening moves, with essentially no duration risk.

To spend or not to spend?

Published by: BlackRock

20 years into retirement most retirees have spent just 20% of their savings. Our latest research explores the behavioral biases that shaped this unexpected finding – and why future retirees may be faced with very different choices.

Increasing Financial Security With Workplace Emergency Savings

Published by: Prudential Retirement

As Americans struggle to balance their long- and short- term savings needs, employers may help by supplementing their retirement savings plans with an emergency savings feature.

Integrating ESG In Portfolio Construction

Published by: QMA

QMA proposes a quant approach to integrating ESG in portfolios capable of classifying companies even if they don't disclose sufficient ESG data - while delivering comparable levels of excess returns to non-ESG portfolios.

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