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September 2016

News CTAs Rally as the Greenback Loses Luster

In our previous report we commented on the respective stance of Macro and CTA managers on the US currency and signaled we were more comfortable with the bearish USD stance of CTAs. We maintain that view, despite the latest comments from Boston Fed President (...)

September 2016

News Demand for customised reinsurance and insurance solutions is growing, Swiss Re sigma says

The latest sigma study "Strategic reinsurance and insurance: the increasing trend of customised solutions" focuses on the utility and rising use of non-traditional re/insurance solutions. Strategic reinsurance programs are designed to provide more efficient risk protection (...)

September 2016

Strategy Who is buying US equities ?

While the S&P 500 continues to brush up against its all-time highs and valuations remain relatively rich, we consider below the profile of US equity investors in light of the different sources of information that are available. First, note that the excess demand is not (...)

September 2016

Strategy Climate change : a challenge for equities ?

According to Anne-Claire Abadie, Portfolio Manager - SRI, Allianz Global Investors, Climate change is a reality we can no longer ignore. In the wake of the COP21 held in Paris last year, assets owners and investors are now wondering about the possible impact of this new (...)

September 2016

Strategy Emerging Markets: Is now the right time?

After years of difficulties and underperformance, emerging market (EM) assets have the makings of a potential turn-round. Here I explain our strategists’ long-term positive view on EM currencies and bonds, using our investment strategy process focusing on the three aspects of (...)

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