September 09, 2021 Change Looms at the Fed: What Will It Mean for Monetary Policy? by Eric Winograd Federal Reserve Board of Governors Chair Jay Powell’s term expires in February, and both vice chairs face expiring tenures, too. With another seat already open, how will the Biden administration balance the desire for monetary policy continuity with a wish list that includes tighter bank regulation? Economics, Fixed Income, Policy & Regulation Likes 0 SHARE Bookmarks
August 18, 2021 What to Expect When You’re Expecting a Taper by Eric Winograd Many investors are trying to project the moving parts of the coming Federal Reserve taper, which we expect to be announced in the fourth quarter. There are key questions still to be answered: What mix of securities? How fast? What comes next? We lay out our best assessment. Economics, Fixed Income, Policy & Regulation Likes 0 SHARE Bookmarks
July 28, 2021 Could China’s Regulatory Crackdown Be Good for Credit? by Jenny Zeng China’s regulatory crackdown led early this week to a dramatic selloff that spread into offshore Chinese credit markets. We see a silver lining. China, Emerging Markets, Fixed Income, Policy & Regulation Likes 0 SHARE Bookmarks
July 13, 2021 The Renminbi Outlook: The Journey Is the Reward by Brad Gibson With China’s currency at its highest level in three years, investors want to know: Is the renminbi poised to turn? We don’t think so. China, Currency, Emerging Markets, Fixed Income, Policy & Regulation Likes 0 SHARE Bookmarks
April 28, 2021 Renminbi Outlook: China’s Currency Offers Diversification Opportunity by Brad Gibson, Guy Bruten As risks shift and economies recover unevenly from the pandemic, investors reassessing their long-term exposures should consider the Chinese renminbi. China, Currency, Emerging Markets, Fixed Income, Policy & Regulation Likes 0 SHARE Bookmarks
February 22, 2021 Will the Energy Sector Evolve or Devolve? by Susan Hutman, Devin Nomellini The energy sector is beginning to adapt to the realities of climate change. Who is best positioned for the future? Fixed Income, Policy & Regulation, Responsible Investing/ESG Likes 1 SHARE Bookmarks
December 15, 2020 Could Chinese Bond Defaults Benefit Investors in the Long Run? by Jenny Zeng, Hua Cheng Recent SOE bond defaults signal Beijing’s willingness to let markets price risk more accurately. China, Emerging Markets, Fixed Income, Policy & Regulation Likes 0 SHARE Bookmarks
November 16, 2020 DOL’s Revised DC Investment Rule Removes Potential ESG Sticking Point by Jennifer DeLong, Michelle Dunstan The Department of Labor’s final rule on investment selection for DC plans left out language on ESG-themed investments. It’s a change that erases some confusion and seems to acknowledge that ESG and financial considerations are inseparable. Equities, Fixed Income, Multi-Asset, Policy & Regulation, Responsible Investing/ESG Likes 0 SHARE Bookmarks
October 28, 2020 2020 US Election: Inside the Candidates’ Retirement-Savings Policies by Jennifer DeLong There have been plenty of headlines exploring what the November US elections might mean for the economy and markets. But it’s just as important to look at what they might have in store for defined contribution (DC) and other retirement vehicles, which more Americans than ever rely on. Plan Design, Policy & Regulation, US Election Likes 1 SHARE Bookmarks
October 02, 2020 What the US Elections May Mean for Corporate Bonds by Susan Hutman, Robert Hopper The US elections are drawing closer, and the potential policy implications are wide-ranging. What might election results mean for corporate credits? Fixed Income, Policy & Regulation, US Election Likes 0 SHARE Bookmarks
October 01, 2020 The 2020 US Election: How Tax Policy May Impact Municipal Bonds by Daryl Clements, Alec Dewitt What will a Trump or Biden win mean for munis? From taxes to infrastructure, the candidates differ—sometimes dramatically—on policy. Fixed Income, Municipals, Policy & Regulation, US Election Likes 1 SHARE Bookmarks
September 30, 2020 For DC Plans, Pandemic Reinforces Value of Consultants and Advisors by Jennifer DeLong Economic and market turmoil from the COVID-19 pandemic underscores the need for sponsors to shore up their plans. Can consultants and advisors help? We believe they can—not just during the crisis but with what’s coming beyond it. Plan Design, Policy & Regulation Likes 1 SHARE Bookmarks
September 02, 2020 2020 US Election: What the Polls Could Mean for Policy and Markets by Eric Winograd With US elections about two months away, investors are intensifying their focus on the presidential and congressional contests. Historically, political transitions haven’t had much impact on the economy and markets, but this time could be different. Economics, Fixed Income, Policy & Regulation, US Election Likes 0 SHARE Bookmarks