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International Equities Oct 16 Contested development: Emerging markets on fragile footing

Rising U.S. interest rates and the trade war are destabilizing many emerging markets. The most vulnerable are those with substantial external debt denominated in...

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International Equities Oct 12 Doubling down on protectionism

It is distressing that since we last commented on the Trump initiatives they have been ramped up even further. As we write, a further...

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International Equities Oct 10 Mounting debt and the many paths to recovery

The extraordinary events of 2008 remain fresh in the minds of all those who were involved in the markets at that time while the...

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Market and Economic Insights Multi-Asset Oct 8 U.S. economic cycle: Spry for its age

Not long ago, even ardent fans conceded that Tiger Woods was likely to finish his career with 14 major championships. After four back surgeries...

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U.S. Fixed Income Oct 1 October 2018 Fixed Income Market Update

Economic and market perspective Trade and protectionism concerns remained in focus as the United States and China continued to engage in a back and...

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U.S. Fixed Income Sep 14 The case for U.S. middle market loans

2017 was a record year for leveraged loan issuances with robust growth continuing to date in 2018. As demand has been building, much attention...

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