5/12/2023 Portfolio Allocation Optimal Decumulation Strategies for Retirement Solutions This paper focuses on the optimal decumulation strategies for retirement solutions in those countries with a defined-contribution plan.
7/07/2023 Insurance The role of overlay solutions in the transition toward more liquid assets In this article, we explore overlay solutions and their ability to provide effective ways to overcome cash and liquidity problems.
30/06/2023 Insurance Insurance Fixed Income Outlook: transition to more liquid assets We look at how insurers have begun to adapt to the new market regime and suggest some avenues to explore on the asset side for the years to come.
5/10/2022 Retirement Amundi Pension Funds Letter - Special Edition: UK LDI Crisis Given the yield increases at the announcement of the UK accommodative mini-budget a week ago, pension schemes suffered a massive liquidity crisis related...
25/07/2022 Portfolio Allocation Precautionary Liquidity and Retirement Saving There is a large debate on the optimal degree of savings’ liquidity in retirement systems.
11/03/2022 Geopolitics Russia-Ukraine: a lot of bad news already priced in, but the outlook is deteriorating We expect inflation to trend higher across emerging and developed markets and growth to be lower than initially expected, with higher risks for Europe...
7/03/2022 Geopolitics Russia-Ukraine: an uncertain outcome calls for higher focus on liquidity There are multiple scenarios for the continuation of the crisis. What is certain is that volatility will persist and real interest rates will remain in...
9/12/2021 Asset Pricing & Behavioural Finance Liquidity Stress Testing in Asset Management - Part 4. A Step-by-step Practical Guide This article is part of a comprehensive research project on liquidity risk in asset management, which can be divided into three dimensions. The first...
6/10/2021 Asset Pricing & Behavioural Finance Liquidity Stress Testing in Asset Management - Part 3. Managing the Asset-Liability Liquidity Risk This article is part of a comprehensive research project on liquidity risk in asset management, which can be divided into three dimensions.
18/05/2021 Asset Pricing & Behavioural Finance Liquidity Stress Testing in Asset Management - Part 2. Modeling the Asset Liquidity Risk This article is part of a comprehensive research project on liquidity risk in asset management, which can be divided into three dimensions. The first...
6/04/2021 Real & Alternative Assets Allocating to real and alternative assets: a framework for institutional investors Institutional investors have significantly increased their allocation to real and alternative assets, such as private equity, real estate, infrastructure...
5/01/2021 Asset Pricing & Behavioural Finance Liquidity Stress Testing in Asset Management - Part 1. Modeling the Liability Liquidity Risk This article is part of a comprehensive research project on liquidity risk in asset management, which can be divided into three dimensions.
21/02/2020 Fixed Income & FX Global high yield outlook: Be confident, but not complacent Last year was a strong year for global bond markets, which were supported by the accommodative stance of the main central banks and strong investor demand....
2/08/2019 Fixed Income & FX Seek high yield opportunities, but be aware of liquidity conditions Speculative grade bonds have been among the major beneficiaries of the rapid turn of both Fed and ECB monetary policy stances to much more dovish positions....
26/03/2019 Portfolio Allocation Optimal Allocation in the S&P 600 under Size-Driven Illiquidity A number of empirical studies have investigated how mutual funds do react to incoming financial resources.