Outlook & commentary

German elections 2021: a three-party coalition?

The results of the Bundestag elections kick off a potentially extended period of negotiations to form a new government. The parties differ on topics such as fiscal policy and climate change that will be critical to those discussions and the final shape of Germany’s government.

Outlook & commentary

Impact investing: the third dimension

Investors increasingly want to use their capital to achieve an environmental and social impact while generating a return, and impact investing offers a solution to these twin goals. It represents a fast-growing and important asset class that facilitates positive change for the planet while resonating with a growing investor base.

Outlook & commentary

US record ‘megadrought’, a menace to food security

The US experienced its worst recorded drought in decades this summer. At its height, the unprecedented aridity extended across more than two-thirds of the continental area of the United States, with its most severe manifestations in the Southwest, but also extending to Oregon, Washington and North Dakota.

Outlook & commentary

Inflation cheat sheet: Key facts, figures and definitions

Outlook & commentary

How inflation can be an opportunity for active fixed-income investors

Rising prices for goods and services are one of the biggest risks for investors in conventional government bonds. But there are ways for active managers to generate positive returns from rising – and falling – inflation.

Outlook & commentary

Managing portfolio volatility

This study revisits asset allocation strategies that aim at actively managing the volatility of multi-asset-class portfolios in response to time-varying volatility forecasts.