S&P 500 Equal Weight: Why Now

2024 Long-Term Capital Market Assumptions – Q1 Update

Episode 203: Shifts and Opportunities in Insurance Asset Allocation with Invesco’s Pete Miller

Navigating the direct lending landscape

Insurance Outlook 2024

Why consider senior loan ETFs?

2024 US Loan Market Outlook

Opportunity or caution? The outlook for European and Asian real estate

Where Insurance Company Assets Are Headed with Invesco's Pete Miller

Welcome to Compound Insights, a podcast by CFA Society New York. I'm your host, Rob Rowan. Today, we're speaking with Pete Miller, CFA. He is head of insurance solutions for Invesco's multi asset strategies group.

Alternative Opportunities for Insurers

The current environment is extremely conducive to executing conservatively structured transactions. This aligns well with most insurers’ philosophy of strong risk management on both sides of the balance sheet.

2024 Investment Outlook

After nearly two years of policymakers fighting inflation, our 2024 outlook centers on the balance between growth durability versus the stickiness of inflation. Despite several quarters of restrictive monetary policy, the global economy — particularly in the US — has remained remarkably resilient. We think the global economy is entering a brief period of below-trend growth driven by recent monetary policy tightening, which we believe markets have already partially priced in. Questions remain over the path of inflation, however. In our view, the disinflation process will continue over our outlook horizon, and growth will slow further in H1 before starting to improve in H2, starting in the US. As inflation softens and policymakers begin to introduce rate cuts, we look for risk assets to see renewed strength.

Episode 182: Deep dive into institutional ETFs with Invesco’s Emily McKinley

Welcome to another edition of the InsuranceAUM.com podcast. Today's topic is institutional use of ETFs by insurance companies.

Real Estate Equity and Debt Securities Market Indicators

Listed real estate common stock ended the third quarter of 2023 trading at significant discounts to net asset value across most geographies and sectors. Property fundamentals remain resilient across residential, industrial and specialty sectors while the office sector continues to face headwinds in many countries. North America and Asia Pacific regions continue to showcase stronger fundamentals relative to Europe. Real estate valuations in aggregate are less demanding versus the multiple on broader equities. Real estate fixed income yields continue to maintain a spread versus the broader fixed income market.

Global Fixed Income Strategy Report: October 2023

Third quarter US GDP data surprised to the upside, and most US data point to a stronger than expected impetus to economic growth. Consumption continues to drive growth - the labor market is solid, and, as inflation has come down, real incomes have improved. These factors have supported US growth in the most recent quarter.

The Case for Senior Loans

Looking back throughout 2023 so far, there has been a significant focus on the uncertainty of the US macroeconomic backdrop and its potential implications for the senior secured bank loan market. Paramount among these concerns are three key questions.

Distressed Credit and Special Situations with Paul Triggiani of Invesco

Welcome to another edition of the InsuranceAUM.com podcast. We're joined today by Paul Triggiani, Managing Director and Head of Distressed Credit and Special Situations at Invesco Private Credit.

2023 Long-Term Capital Market Assumptions – Q3 Update

Markets have outperformed expectations heading into this year, with equities rebounding significantly (quality inside the US and value outside of the US being the two dominant factors) from the lows of 2022 and credit outpacing government bonds.

US Loan Market Snapshot: September 2023

During September, loans outperformed high yield and investment grade, which returned -1.16% and -2.45%, respectively, and year-to-date are also outpacing the 5.97% and 0.45% returns for high yield and investment grade bonds respectively.

A rise in senior secured bonds lifts high yield

An increase in secured high yield bond issuance has improved the credit quality of the high yield asset class, in the view of the Invesco High Yield Team. We speak with Senior Portfolio Managers Philip Susser and Stuart Stanley about why secured bond issuance has grown and what it means for the US high yield market.

US Commercial Real Estate Equity with Invesco’s Dan Kubiak

Welcome to another edition of the InsuranceAUM.com podcast. We're joined by Dan Kubiak, who's the managing director and portfolio manager at Invesco Real Estate US Income Strategy.

Why pursue direct lending in the core middle market?

We define the core middle market, describe the development of the market landscape, and identify essential ingredients for success when pursuing a direct lending strategy in the core middle market.

Invesco's Kevin Egan on Senior Secured Loans

My name's Stewart Foley, I'll be your host. Today's topic is senior secured loans and we're joined by Kevin Egan, Senior Portfolio Manager and Co-Head of Credit Research at Invesco.

Current bank headlines a potential tailwind for direct lending

The events of the last few weeks have elevated focus on the banking industry and its perceived role as primary financier to companies across the globe. Despite swift and strong efforts by government agencies and central banks to boost confidence and quell liquidity concerns, the collapses of Silicon Valley Bank and Signature Bank as well as UBS’ purchase of Credit Suisse have intensified fears of a global banking crisis. The natural question for many institutional investors is how do these recent events impact private credit, including direct lending?

The Evolution of Direct Lending with Invesco’s Ronald Kantowitz

Today, we're talking about private debt and specifically direct lending. It's an area where a lot of funds are flowing and we're joined by Invesco's Ron Kantowitz, who's a managing director and head of private debt.

Private Real Estate Debt with Invesco’s Charlie Rose

Q3 Outlook: Multi-sector positioning for the next phase of recovery

The global economy continues to grow at above-trend rates and we expect the current bout of inflation to be transitory. Explore how we are assessing global fixed income markets.