While institutional investors are facing headwinds from unexpected inflation and geopolitical realignment in 2021, the coming year will also see rebounds for corporate earnings and equities, according to two new research papers from Mercer. “Non-stop social and technological change has increased at a rate as exciting as it’s bewildering and COVID-19 has resulted in an […]
Just as the outlook for the global economy had been brightening in recent months, a new threat has suddenly emerged in the form of the viral outbreak in China. That was the cautionary message that Chairman Jerome Powell delivered Wednesday after the Federal Reserve held interest rates low after its latest policy meeting. Speaking at […]
Britain and the European Union finally reached a new tentative Brexit deal on Thursday, hoping to escape the acrimony, divisions and frustration of their three-year divorce battle. British Prime Minister Boris Johnson now faces the Herculean task of selling the accord to his recalcitrant parliament — including his allies in Northern Ireland. Only hours before […]
The top three extreme risks for investors to watch are global temperature change, global trade collapse and cyber warfare, according to a new report by Willis Towers Watson’s Thinking Ahead Institute. In the report, extreme risks are considered events that are highly unlikely to occur — but could have a large impact on economic growth […]
As institutional investors continue to wait for Brexit, will anything change as Boris Johnson becomes prime minister? Mere months ago, the consensus was Britain would most likely manage some kind of deal to accompany Brexit, but Johnson’s harder stance on Europe changes the rules of engagement. “Already, you’re seeing the financial impact,” says Talbot Babineau, […]
With Boris Johnson confirmed as the next leader of the Conservative Party and British prime minister, the outlook for the British economy has become murkier — and potentially more perilous. Johnson’s comprehensive victory over Jeremy Hunt has made it more likely that Britain could leave the European Union on Halloween without a withdrawal agreement, a […]
With Brexit looming, European investor confidence dipped while North American confidence rose slightly in March compared to February, according to State Street Corp.’s latest global investor confidence survey. Globally, investor confidence rose 0.4 points to 71.3 in March. Confidence in North America rose to 68.3 from 66.2, while it declined in Europe by 7.8 points to […]
Political risk is here to stay and must be incorporated into investment analysis, said Johanna Kyrklund, global head of multi-asset investments at Schroders, in a webinar about Brexit hosted by the Canadian Investment Review. “Years of anemic growth have resulted in increased inequality and the rise of more populist policies,” she said. Breaking down the […]
Brexit is “what seems to be the most chaotic set of political developments in any western country for quite some time,” said Iain Begg, professor at the European Institute and co-director of the Dahrendorf Forum on the Future of Europe at the London School of Economics and Political Science during a Canadian Investment Review webinar […]
Rewind to 2017. It was a very unusual year, with global growth receiving a boost from a combination of ultra-supportive financial conditions, a temporary boom in the global trade cycle and the absence of any adverse political or financial shocks, said Darren Williams, senior vice-president and director of global economic research at AllianceBernstein, speaking at […]