In-depth perspectives from portfolio managers and industry experts on the issues that matter most to investors.
London - There is a lot to like about the global high-yield market. The global developed economy is on a resurgent trajectory, corporate fundamentals have improved dramatically and central bank policy remains accommodative. That said, there are also critical factors that could weigh on the market: tight average valuations, the changing impulse of liquidity, the threat of persistent inflation, and COVID variant uncertainty.
London - Since November 2020, Chinese authorities have aggressively tightened regulations across a number of sectors, including the internet, health care, education, gaming, gambling and crypto currencies — ostensibly in pursuit of its social and political goal of "common prosperity." Although tighter regulation was clearly on the horizon, investors and industry officials were caught off guard by the strictness of the new rules and speed with which they took place.
Boston - According to a new analysis by a consortium of researchers advising the CDC, the Delta surge will likely decline steadily now through next spring — without a significant bump up in the winter. As a result, we expect this will be our last weekly update on health policy responses and other COVID developments.