How should credit investors navigate such an uncertain backdrop?
Fast reading Uncertainty stemming from the Republican administration’s economic policy has undermined confidence in capital markets. Credit ratings agency Moody’s has downgraded US sovereign debt to Aa1 from Aaa. Notwithstanding a reset on tariffs with China, many market drivers – for lenders, borrowers and investors – are in a holding pattern until an element of […]
FHL Stewardship Report 2024
In 2024, the world experienced its warmest calendar year on record, with average global temperature exceeding 1.5°C above its pre-industrial level for the first time. This milestone year also saw a series of extreme weather events, including record-breaking heatwaves, droughts, wildfires, and hurricanes in the US, and storms and flash flooding in Europe, Brazil, and […]
What word best encapsulates the current economic environment?
Video transcript The word that best describes economic conditions right now has to be ‘uncertainty’. We hear it frequently on earnings calls from investors and across the capital markets, from all participants. By way of evidence, we searched the word uncertainty in the Fed’s ‘Beige Book’. The ‘Beige Book’ is a summary of economic conditions […]
Oil prices stop making sense
For the past few years, the expanded group of oil producers known as OPEC+ have tried collectively to stabilise crude prices by lowering production in order to dampen price volatility to the downside. But because several members of the wider cartel have different and conflicting fiscal and external financing priorities, efforts to limit output have not […]
Can Argentina reboot its crisis-ridden economy?
EMD report Q2 2025
MDT Advisers: Can machine learning deliver a diversified alpha stream?
In a recent webinar with IPE, Scott Conlon, Investment Director and Quantitative Strategist of MDT Advisers, shared his valuable insights on how sophisticated predictive modelling can be used to identify a diversified range of alpha sources, and equip our portfolios with the potential to add value regardless of the environment. He also examined the case […]
Stocks soar on US-China tariffs pause
market snapshot
Sticks and stones
It was only a matter of when, not if, the White House would harass the Federal Reserve again. Chair Jerome Powell got a short respite as President Donald Trump reiterated he doesn’t intend to fire him, despite constantly demanding lower interest rates. After the Federal Open Market Committee (FOMC) announced yesterday it had held rates […]
Your guide to money market funds
Fast reading A money market fund (MMF) is a professionally managed, diversified investment vehicle designed to meet short-term cash-management needs or serve as a lower-risk alternative to the volatility of stocks or longer-term bonds. MMFs consist of highly liquid, high-quality money market instruments with the primary objective of providing current income, consistent with liquidity and […]
Rates on ice amid rising risks
market snapshot
