The U.S. Treasury’s central role in the financial system rests on its liquidity and safe-haven status. Both may be eroding. Find out how, why and what may happen next. Forewarned is forearmed…
A framework to isolate thematic exposures from established market, industry, and style factors which incorporates narrative information to capture theme evolution.
Investors face a new regime. Macro mega-forces including demographic change, public debt, climate and deglobalisation indicate higher inflation and lower growth. New portfolio strategies and designs are required to protect purchasing power.
Optimizing portfolios using normalised returns delivers a factor-like awareness of underlying exposures while addressing the problem of sensitivity to model inputs with relative risk tolerance.
Gold is a controversial investment. Pim studies the safe haven hypothesis and analyses a strategic allocation to gold, low-volatility stocks, and bonds for a loss-averse investor with a one-year evaluation horizon.