After the most aggressive monetary policy tightening cycle in over 40 years and bond yields at levels not seen since 1979, the world’s major developed economies are still standing.
At the same time, there have been powerful structural changes in recent year in how the globally economy behaves. Understanding these deep forces and how they intersect with the cycle will be crucial to return delivery in the coming years. Join us for an in-depth discussion on the following topics:
- Private infrastructure continues to be relatively well placed due to its defensiveness, ability to protect against surges in inflation, relatively high yield, and robust policy support globally.
- Private real estate has been more affected by the rise in interest rates, but opportunities may be emerging in rental housing, logistics, and niche sectors.
- For listed equities, we see opportunities in US small-caps and listed real assets, while Europe looks attractive on valuation grounds and we may be close to peak pessimism on Chinese equities.
- In global credit markets, we are constructive on duration but cautious on credit, particularly further out on the risk spectrum. However, US agency mortgage-backed securities (MBS) can offer attractive spreads backed by robust structures and strong credit fundamentals.
You will have the opportunity to submit a question for our panelists when you register, and a replay will be available shortly after the webinar concludes.
Thursday, December 14, 2023
11:00 AM EST
For investment professional and institutional investor use only. Not for use with the public.
Investing involves risk, including the possible loss of principal.
Past performance does not guarantee future results.
This webinar is for informational purposes only. Please see the registration page for additional information and risk disclosures.
The views expressed represent the investment team’s assessment of the market environment as of the date indicated and should not be considered a recommendation to buy, hold, or sell any security, and should not be relied on as research or investment advice.
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