Since last year, the market has been absorbed into the reflation theme. This has pushed inflation breakevens to their highest levels in 5 years. Are those higher inflation breakevens justified and will a new environment where inflation plays a bigger role change… Read more
Governments and Central Banks continue to implement loose monetary policy and expansionary fiscal stimulus in response to the Covid-19 pandemic, inflationary pressure is rising within global markets. Consequently, treasury yield curves have steepened and… Read more
Jeffrey C. Heisler, PdD, CFA and Donald W. Lindsay, CFA
CFA Institute provides a series of readings directly from the CFA® Program curriculum (available for members).
Jonathan Baltora , Head of Sovereign, Inflation and FX, AXA IM Core
Expectations of higher inflation have increased steadily over the past few months as countries worldwide roll out coronavirus vaccinations and fiscal stimulus remains strong.
However,… Read more
Initial ESG fund due diligence questionnaire issued by financial institution. Information from funds and asset managers to build a comprehensive ESG fund universe. Asset managers invited to participate were informed and the request was allocated to selected… Read more
A group of investors from Germany, Switzerland, Austria and CEE (aggregate AUM > EUR 100 billion) created a set of questions on inflation hedging strategies in April 2020 when inflation was in their focus.
Today the risk of inflation is even more on the agenda. … Read more
The Financial Analysts Journal publised an article by Michael L. Troutman on the impact of plan sponsors’ focus on past performance in asset manager selection. Cognitive errors lead investors to value strong performance in previous periods and to confuse