Asset class insights
Browse investment insights by asset class in the latest reports published by our global Chief Investment Office (CIO).
CIO Viewpoint Equity
India: Foreign investor selling provides buying opportunity
In this report, we provide an overview of corporate earnings for the September quarter 2024, explain the reasons for the recent FPI outflows and dive into market valuations. We conclude by analysing high frequency data to gauge growth prospects.
Nov 26, 2024
CIO Viewpoint Equity
China: More stimulus in the making
In this CIO Viewpoint Equity, we evaluate China's recent monetary and fiscal stimulus announcements.
Oct 14, 2024
CIO Viewpoint Equity
Setting the course for Q4
In this CIO Viewpoint Equity we comment on the latest equity market developments, elaborate on our new September 2025 equity index targets and share our view on how the relative performance of Cyclicals vs. Defensives might evolve from here.
Sep 27, 2024
CIO Viewpoint Equity
China Equities: Market recovery pushed back further
In this CIO Viewpoint, we discuss the recent macro-economic developments, policy action in China and provide our view on Chinese equities.
Sep 13, 2024
CIO Viewpoint Equity
Japan Equities - Structural reforms to drive rerating, but range-bound in the near-term
In this report, we look at the key drivers of the fundamental rerating of Japanese equities. We also evaluate the short-term outlook based on BoJ and market uncertainties.
Sep 03, 2024
CIO Viewpoint Equity
India: Slowing earnings growth and full valuations prompt caution
In this report, we look at the two key pillars that are driving this rally. Further, we analyse will this rally be sustained in the future?
Aug 21, 2024
CIO Viewpoint Fixed Income
Bond markets caught between monetary and fiscal policies
Central banks have successfully brought down inflation rates close to target levels and pivoted monetary policy towards a rate cut cycle. We discuss the factors currently driving bond markets and present our view on bond asset classes.
Oct 31, 2024
CIO Viewpoint Fixed Income
Bond markets in turbulent political times
While inflation rates in the U.S. and Europe are approaching the targets of the respective central banks and thus increasing the scope for interest rate cuts, recent political developments have also influenced bond market prices.
Jul 23, 2024
CIO Viewpoint Fixed Income
Bond markets in line with fundamentals
In this CIO Viewpoint Fixed Income – Bond markets in line with fundamentals – we discuss current conditions on bond markets as well as the short- to medium-term outlook.
May 07, 2024
Bonds
Annual Outlook 2024 | Bonds: Real rates matter
After years of extremely low interest rates, the investment universe is now complete again thanks to the renewed attractiveness of bonds as an asset class – and is likely to remain so for the foreseeable future in our opinion.
Jan 18, 2024
CIO Special report
Rise in Italian government bond spreads
The recent discussions regarding looser fiscal policy in Italy have exacerbated the volatility on the bond market, leading to a moderate widening of its spreads.
Oct 13, 2023
CIO Special report
Corporate bonds in the U.S. and Eurozone – risks and opportunities
The ratings for investment-grade corporate bonds in the U.S. and the Eurozone have developed positively recently - despite difficult economic conditions.
Aug 11, 2023
CIO Viewpoint FX
Central Banks at the helm
We explore anticipated central bank policy moves, their potential impact on currency pair volatility, the outlook for the next twelve months and the possible developments in currencies that investors should take into account in their investment decision-making.
Oct 11, 2024
CIO Viewpoint FX
Low G10 currency volatility – to date
While the year began with the market expecting 6-7 interest rate cuts this year from the ECB and the Fed, so far there has only been one interest rate cut by the ECB. As the Fed has not yet made any cuts at all to date this has provided a tailwind for the USD.
Jul 05, 2024
CIO Special report
China generating tailwinds for commodity currencies
Our latest CIO Special highlights the significance of China’s swift decision to end its zero-Covid policy and implement economic stimulus measures for countries around the globe that are major exporters of commodities.
Feb 07, 2023
CIO Viewpoint Commodities
Gold with potential, Oil stable and Lithium looking for the bottom
In this CIO Viewpoint we talk about three commodities: gold, oil and lithium, which investors should take into account in their portfolio decision-making.
Aug 13, 2024
CIO Viewpoint Commodities
Metals: the three Gs driving metals
In this CIO Viewpoint Commodity, the three Gs driving metals, we provide a deep-dive and expand into the individual dynamics of iron ore, copper, platinum, silver and gold. Learn more.
May 24, 2024
CIO Viewpoint Commodities
Gold: still time to shine
In this CIO Viewpoint Commodities, we explain why we see further upside potential for gold in the medium term. Browse for complete information today.
May 14, 2024
CIO Special report
China: fiscal stimulus –one step at a time
In this CIO Special report, we discuss details of the fiscal package announced by the National People’s Congress’ Standing Committee meeting and provide an update on the macroeconomic performance of the Chinese economy.
Nov 11, 2024
CIO Special report
U.S. Election: America goes to the polls
As we inch closer to the U.S. presidential election, our new CIO Special explores the current state of the political landscape, key issues and policies that continue to shape the narrative for the race and its potential impact on a range of sectors for equity investors.
Sep 27, 2024
CIO Special report
Decarbonizing portfolios: 10 key factors
Portfolio decarbonization will become an increasingly important topic. Investors need to understand the key issues involved.
Aug 23, 2024
CIO Special report
Circular materials use: the need for change
In this CIO Special report we examine what’s driving Earth Overshoot Day and where innovation is offering hope for our planet's future.
Jul 31, 2024
CIO Special report
Investing in EU carbon markets: where now?
Carbon markets are likely to play a major role in promoting sustainability and innovation, offering new opportunities for investors and policymakers alike.
Jul 25, 2024
CIO Special report
“Second-round“ effects: French shift from right to left in final ballot
With the French election resulting in a hung parliament, we discuss three possible political scenarios and their investment implications.
Jul 08, 2024
Venture Capital
CIO Special report
Venture Capital investing: a closer look
Our CIO Special report and introductory video discuss how the VC sector is developing and its role in portfolios.
Jan 10, 2022
CIO Special report
Venture Capital in entrepreneurship
Find out more about the role of Venture Capitalists in our CIO Special report.
Jan 09, 2022
CIO Special report
What is Venture Capital investing?
Find out more about the history and lifecycle of Venture Capital investing in our CIO Special report.
Jan 09, 2022
CIO Special report
Venture Capital trends
Find out more about the growth of global Venture Capital investment and the wide range of risks associated in our CIO Special report.
Jan 08, 2022
CIO Special report
Portfolios and Venture Capital
Find out more about the potential role of Venture Capital investing in portfolios as well as diversification in our CIO Special report.
Jan 08, 2022
CIO Special report
Venture Capital investing: conclusion
We attempt to summarise the main positives and negatives of Venture Capital investing in our CIO Special report.
Jan 07, 2022
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