What do global institutional investors expect in the coming year? It’s not a rosy picture. According to Natixis Investment Managers’ annual institutional investment outlook, just 12 per cent of institutional investors surveyed said they believe global gross domestic product will bounce back to pre-coronavirus pandemic levels by the end of 2021. Meanwhile, 79 per cent […]
Now is the time for institutional investors to buy value, small cap and cyclical stocks and hold steady while the economy builds back, says Bill Callahan, an investment strategist at Schroders. Indeed, energy and financial sector stocks saw gains Monday as investors are rotating from growth and large cap stocks after Moderna Inc. released data […]
Depressed bond yields are stoking institutional investor concerns over global growth prospects for the coming year. “We’ve seen a similar pattern across the world,” said Alec Young, managing director of global markets research at FTSE Russell, in a webinar on Tuesday. Alongside struggling yields, other leading economic indicators, including U.S. manufacturing data, have markets increasingly worried. However, […]
With the recent, global move to coordinated central bank easing, the industry has been talking about whether we’re creating a financial bubble. On Aug. 12, CNN published an article with the headline, “Central bank rate cuts are inflating a cheap money bubble,” while Bloomberg published an article with a similar headline on April 3: “Fed […]
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, […]
Institutional portfolios have been tilted towards growth assets as they’ve reached for higher returns during the bull market of the last decade. But as the business cycle continues to stretch, it’s a prudent time to consider downside protection measures. Wylie Tollette, executive vice-president and head of client investment solutions for Franklin Templeton’s multi-asset solutions business, […]
Global protectionism appears to be here for the long game. While investors may not want to start playing defence just yet, it might be time to start practicing again. In it’s mid-year outlook, the BlackRock Investment Institute noted risk reduction, including elevating the levels of cash in a portfolio, would be a prudent measure given the […]
While geopolitical tensions are grabbing investors’ attention, how is Canada faring domestically? It’s a bit of a mixed bag, according to Russell Investments Group’s latest quarterly outlook, which noted that while Canada’s economic data has outpaced that of other developed markets, the rosy outlook may not last. Specifically, Russell’s analysis of Citigroup Inc.’s economic surprise […]