High-yield bonds have had a very strong bull run since 2009. Can this continue? The credit specialists from BNP Paribas Asset Management’ Multi Asset team present the investment cases for and against high-yield bonds.
When applying the best academic thinking to the forecasting of equity returns we find equity markets still have further to go in the next 12 months – despite the recent bull market
While the prospect of interest-rate rises and higher inflation could have many investors heading for the exits, these phenomena could brighten the outlook for convertible bonds as the asset class benefits from its position halfway between equity and straight bonds on the asset class continuum, adding another leg to its recent strong run.
In last year’s turmoil over the US tapering plans, India was labelled as one of the ‘fragile five’ emerging markets. Now, with the equity market rallying and the country having just completed a general election, Anand Shah, CIO of BNP Paribas Asset Management India in Mumbai, provides a timely inside view on what to expect from the new government, and the implications for investors.
Given the current expectations of rising interest rates, it could be opportune now to choose an absolute-return strategy to diversify a traditional fixed-income portfolio.
A renminbi short-duration bond strategy can offer investors a powerful blend of yields higher than those on comparable fixed-income issues, potential currency gains and diversification benefits, argues Adeline Ng, head of Asian fixed income.
William De Vijlder says on CNBC that global investors remain concerned about China’s property sector.
How can high-yield bonds create alpha for investors seeking performance and risk control? What are the challenges and prospects for this market?
Target-date funds match a variety of investment horizons and individual long-term needs.
Growth potential for decades.
Research chair on Asset Liability Management and Institutional Investment Management.
Beijing is allowing the pendulum to swing towards reform success rather than growth.
Ian Simm, Chief Executive of IMPAX Asset Management, gives his view on climate change and explains why it has become a major issue for investors.
China is tackling the challenges of a new paradigm head-on, including a slowing economic growth and the need for further reform to rebalance the economy.
A study of BNP Paribas Asset Management’ Socially Responsible Investment (SRI) Best-In-Class universe of European stocks highlighted a size effect that determines financial performance. Study author Vincent Lapointe explains.
Major European sectors should do well in 2014 as company profitability recovers. Investors should look for large-cap companies offering longer-term growth and sustainable earnings, which together with attractive valuations can result in opportunities to take or expand positions.
The attributes of emerging markets’ have long been recognised in the form of abundant economic literature on the subject.
Etienne Vincent, head of quantitative management at THEAM, explains the similarities between the four main recurring sources of outperformance in equity markets and the four cardinal virtues identified by Plato in his philosophical works