responsible-investment-Carbon offsets: A necessary tool, but only under close scrutiny and precise conditions

If the world is going to limit global warming to +1.5°C from pre-industrial times, as set out in the Paris Agreement, global carbon emissions need to hit net zero by 2050. Every company will have a...

fixed-income-Fixed income outlook: Is the market overly hawkish?

After the bond bear market of 2021, valuations look more attractive in an environment where interest rate rises may already be priced in.

responsible-investment-Climate change: How investors can help deliver a Just Transition

Climate change is well understood as a systemic risk, but there is less understanding of how the transition to a low-carbon economy might affect society
A Just Transition would seek to leave no one...

macrocast-H1 2022 Asia and China outlook - Media Briefing Highlights (with playback)

AXA Investment Managers (AXA IM) says that while inflation is currently the main theme and will remain so for the coming year, the underlying upward pressures have peaked in western economies and...

tomorrow-augmented-A Few Hundred Billion Dollars Won’t Fix All the Shortages

Governments are making multibillion-dollar announcements to deal with the global chip shortage. That's unlikely to help at this point and only risks muddying priorities for the future.

research-Outlook 2022: US – Structural realignment to ease pricing pressures

The rapid rebound in demand across 2021 gave rise to severe bottlenecks in the supply chain. This has been evident in markets like lumber and iron ore, where prices have surged and then fallen....

research-Outlook 2022: Rates – Upward Pressure

The last line of defence: The term premium
During 2021 we have seen a positive contribution to US Treasury yields both from interest rate and inflation expectations, while the term premium is only...

research-Outlook 2022: Asia ex. China – Going from export-led to consumption-driven

2021 has been a year of surprises. While economic growth rebounded from rock bottom, the region suffered as the Delta variant spread. This stifled consumption and tightened supply constraints,...

research-Outlook 2022: China – Striking a finer balance between growth and sustainability

2021 has been an unusual year for the Chinese economy. As it recovered from the most catastrophic shock in modern history, annual growth rates in the first half of the year appeared buoyant but...

research-Macroeconomic outlook 2022: Compression, decompression, absorption

2020 was a year of massive compression of economic activity. 2021 was a year of fast decompression, with demand catching up quickly as we were reopening, exerting significant pressure on supply,...

research-Investment Strategy outlook 2022: Coping with modest rate increases

As we head towards the second anniversary of the outbreak of the COVID-19 pandemic the disease remains one of the key worries for investors. It continues to have the ability to disrupt demand and...

equities-Outlook 2022: Asian Equities – China: a different stage in the cycle

Following a strong year in 2020, Asian equity markets have faced a more challenging environment in 2021 as investor sentiment has been impacted by a series of macro factors, including the spread of...

fixed-income-Outlook 2022: Asian Credit - China Property rebound? Who will survive and can the damage stay contained?

Asia credit has been dominated by the struggles of China property developers in the second half of 2021. With bonds repriced significantly after Evergrande’s liquidity strain, China property has...

research-Outlook 2022: Labour markets after the pandemic – the threat of persistent inflation

Labour market structures have shifted, supply-chain issues continue to persist and rising inflation continues to be a major concern.

research-Outlook 2022: Moving to a net-zero world

It has become impossible to think about the economic outlook without considering the impact of the fight against climate change. An essential part of the process is to reallocate capital towards...

research-Outlook 2022: Inflation – 'mostly' transitory

The coming year is likely to see inflation remain a concern, while interest rates will start to rise in many major markets as central banks tighten monetary policy.

research-Outlook 2022: The shifting electoral landscape

The political landscape remains fractious and 2022 will see several key elections take place, which could shift political direction.

research-Outlook 2022: Policy making amidst uncertainty

Policymakers face significant challenges. With financial markets arguably ‘priced for perfection’, any policy missteps could result in significant volatility.

research-Outlook 2022: Coping with COVID

As we head towards the second anniversary of the pandemic, the virus remains a key concern for investors. While some countries are increasing vaccination rates, others are seeing new outbreaks.

responsible-investment-Financing sustainability in developing countries

COP26 is all about the international community helping design and deliver a more sustainable future for both people and the planet. But while the steps that developed countries are taking have come...