insights.

Market pricing indicates that the strong performance of commodities is far from over.

Liquidity in the CHF bond market is usually considered to be rather low relative to other asset classes. This paper examines the phenomenon. 

Silvercrest Investment Managers bolsters sustainability expertise with senior hire. Dr. Ruben Lubowski joins in New York as Chief Carbon and Environmental Markets Strategist. Global carbon-focused strategy to launch in the coming months.

To address the pivotal role of market liquidity, our ADAPT strategy has designed a  framework aiming to keep investors on the right side of liquidity squeezes. 

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The first episode of our new podcast series on ice cubes, burning logs and the road to net zero focuses on the impact of climate change on the economy.

Forest management is one of the key strategies to halt biodiversity loss worldwide. How is LOIM's Natural Capital strategy addressing this challenge?  

Central bank tightening will likely lead to higher market real rates and could prolong the current value/growth equity rotation. Diversification is key.

Europe's green energy transition is entering an accelerated phase with new policy impetus. What does it mean for the sustainable fixed income investors? 

What lessons from past oil shock episodes can help us understand the impact of the current situation on fixed income markets? Here is our breakdown of the scenario analysis.

Even as volatility is on the rise from the current supply-side shock in the market, what credit opportunities lie hidden for investors?

Spiralling commodity inflation on the back of the Russia-Ukraine war is causing a divergent outlook for emerging market debt. What are the risks and opportunities for investors in such a scenario?

With the central banks waging war on inflation, how is the outlook for developed-world bond markets changing? 

Recent equity resilience can be attributed to strong nominal growth, driven by inflation, even though real growth is slowing.

In the lead commentary of the Q2 2022 issue of Alphorum, we ask: what fixed-income scenarios could result from the Russia-Ukraine conflict, and what do oil shocks typically mean for our markets?   

In the latest discussion in our 'Green Room' series we look at which countries are winning and which are losing in the move to a green economy and early-stage comments on the implications of Ukraine on this transition.

From innovative plastic upcycling and a new waste-reduction law, to US efforts to keep pace in the electric-vehicle race and European authorities zeroing-in on banks’ climate exposures, we cover the top macroeconomic, corporate and financial stories that sustainable investors need to know.  

How real is the risk of stagflation, and how should multi-asset investors respond? In the Q2 2022 edition of Simply put, we provide macro, market and portfolio perspectives.

The risk of stagflation is growing as rising global inflation threatens growth. How does this impact the Swiss economic outlook? 

What do geopolitical and macroeconomic events mean for multi-asset portfolios? Simply put makes the case for remaining diversified and using cash as a diversifier.

In this launch issue of Futureturns – our new quarterly report on investment trends in equity markets – we examine the strength of the post-pandemic consumer.

Persistent inflation and rising commodity prices are raising the likelihood of a stagflation shock – in such a scenario, uncertain investors should turn to cash as a potential hedge.

The latest IPCC reports paints a grim picture of the impact of climate change on our planet. What are the top investor takeaways? 

Climate change is not gender neutral: it affects women disproportionately. Bringing women fully into the economic system could help mitigate the crisis.  

The energy price shock is currently centred in Europe, but investors should not underestimate the risk of contagion elsewhere.

Over the past 40 years, the world has evolved to be shaped by an abnormally low cost of capital. The next 10 years could look very different.    

Europe is facing an energy shock, due to rising prices, that has widespread implications for equity investors. 

A commodities supply shock could trigger consumption and earnings weakness, calling the Fed’s hawkish stance into question.

Investors could use several approaches to decarbonise portfolios. What are the choices and why do we favour using Implied Temperature Rise (ITR)?

As we embark on the 2022 voting season, here we analyse our emphasis on strong governance and the sustainability transition.

What major sustainability news from the policy, corporate and financial worlds in recent weeks mattered to investors? We review the top headlines from the past month.

Volatility, inflation and the Russia-Ukraine conflict are challenging the market outlook for 2022. Our CIOs consider the context across asset classes.

How do we analyse two types of credit risk – the probability of default and the sensitivity of returns to market moves – in a Swiss context? 

Uncertainty creates conducive conditions for the asymmetric return profile  of convertible bonds – one might say volatility actually suits convertibles. 

What can past geopolitical shocks tell us about the potential impact on equities, and how could disruption to Russia’s energy exports exacerbate inflation?  

To mark the 10 year anniversary of the All Roads multi-asset strategy, we look back on how the strategy has delivered stable returns and ask what's next.

Tensions are high, but should investors fear a bear market?

Where is the green hydrogen market headed? We explore the growth case for this exciting corner of the clean energy market.

Inflation should moderate in the coming quarters – but achieving this without derailing growth will require well-calculated monetary policy tightening.

Celebrating its 5-year anniversary, All Roads Growth put the emphasis on a more ambitious approach to risk and return in a diversified multi-asset strategy.

Watch the replay of our Fallen Angels Webinar to learn how investing in fallen angel bonds could present attractive opportunities for fixed income investors.

The investment case for bonds is improving in line with the rising risk of a monetary policy mistake.

An increase in US bank loans could accelerate the Fed’s tightening agenda, amplifying 2022’s key risk – that of a monetary policy mistake.

In our first climate engagement case study, we engage with companies on how to reduce their exposure to climate risk while targeting growth opportunities.

What predicts success in a greening world? In the first episode of our quarterly webinar series "The Green Room", our sustainable investment panellists discuss key findings from a recent study published as part of our University of Oxford research partnership.

In this monthly review, we discuss the major sustainability news from the policy, corporate and financial worlds throughout the last several weeks.

Our analysis of the effects of historic US rate hiking cycles on fixed-income returns provides useful insights for government and corporate bond investors

In emerging markets, we believe the outperformance of local over hard-currency bonds represents another turn in the rotation to value.

Pureplay wind and solar companies are an increasingly central focus for investors who want to gain exposure to the clean energy transition.

Uncertainty and dispersion are defining 2022 markets thus far. Where can investors find opportunities when volatility is high and visibility is low?

Which countries are currently nurturing competitive clean technology industries, and which are likely to do so in the future?