Do investors realize how good they've had it over the last 8+ years ? On the obvious side, the length and strength of the equity bull market has been well publicized. Since the March '09 bottom, US equities are up over 300% (S&P 500®) while global equities are up over 200% (MSCI World).
Persistent trends across asset classes continued to fuel CTA returns over the recent weeks. According to
several benchmarks of performance, January is on track to see them delivering the highest monthly returns
in a decade!
BNP Paribas Asset Management (‘BNPP AM') announces that it has appointed Michel Fryszman as Head of Structured Finance. He joined on 15 January and is based in Paris. He reports to Laurent Gueunier, Head of Real Assets, SME Lending & Structured Finance.
Faced with low interest rates and relatively high valuations for risk
assets, large global institutional investors are looking to protect themselves against downturn risks
through maintaining their cash levels and selectively increasing allocations to active strategies,
according to a new survey by BlackRock
How will extreme levels of monetary policy accommodation eventually be unwound? Are the reflationary, pro-growth elements of President Trump's agenda alive or dead? When will a long forecasted increase in government bond yields materialise? What is the impact of a wildcard such as North Korea?