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Insight - Q1 2018

Latest perspectives and firm updates for the institutional community

Home / Insight Newsletter Q1 2018

It is hard to believe we are now ten years on from the start of what turned out be to be the Global Financial Crisis and thirty years on from Black Friday, yet equity markets have returned to new highs and bond yields to all-time lows. So what has changed?

One thing that has certainly changed is how much impact our investment decisions are having on the environment and society around us. Across the world, the question being asked by clients is no longer “Why should we include ESG into our strategy?” but “Why shouldn’t we include ESG?”, many clients are now actively seeking ways to sustainably invest their assets to deliver outcomes beyond performance.

Our Global Emerging Markets equity strategy consider ESG issues as an essential part of their process and in this quarter’s edition of Insight, the Head of Hermes Emerging Markets, Gary Greenberg, provides his outlook for the asset class for 2018. Social impact is also covered in the paper from Hermes EOS looking at the consideration of human rights of indigenous people. Our Senior Economist Silvia Dall'Angelo looks at the outlook for inflation globally. Finally, Tommaso Mancuso of our Multi Asset team shares his research on the role of fixed income in multi-asset portfolios and draws some fascinating parallels between the 60’s and now and challenge sour beliefs around the Efficient Frontier.

As ever, if you would like more information on any of the topics covered or on Hermes then please contact us.

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