27/08/2019 Sustainable Finance Do universal owners vote to curb negative corporate external... This paper tests whether very diversified and patient investors, also known as universal owners, tend to vote in favor of shareholder resolutions instructing...
6/08/2019 Capital Market Assumptions Asset Class Returns Forecasts - Q3 - 2019 We expect economic growth to evolve around potential for most developed economies in 2020. It could subsequently decrease below potential in 2021 driven...
2/08/2019 Fixed Income & FX Seek high yield opportunities, but be aware of liquidity con... 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....
24/07/2019 Retirement Pension Funds Letter 7 - Put the Growth Bucket Back in the S... As long-term investors, Pension Funds need to find new distinct ways to invest and rethink the full potential of their growth bucket as a flexible opportunity...
1/07/2019 Portfolio Strategy Emerging Markets: Vulnerability and contagion risks... Fragi... This article is aimed at analysing contagion within the emerging world in the past decades
1/07/2019 Portfolio Strategy How to differenciate emerging countries? New approaches for ... Once accepted the idea that the emerging world may behave like a block in period of crises (as the group of advanced countries also does), one must wonder...
24/06/2019 Portfolio Allocation Factor Investing in Currency Markets: Does it Make Sense? The concept of factor investing emerged at the end of the 2000s and has completely changed the landscape of equity investing.
18/06/2019 Asset Pricing & Behavioural Finance Pricing Individual Stock Options using both Stock and Market... When it comes to individual stock option pricing, most applications consider a univariate framework.
18/06/2019 Emerging Markets Investing in the changing shape of Emerging Markets The emerging markets (EM) universe has experienced significant changes in the last decade with the further addition of investible countries (ie China...
17/06/2019 Asset Pricing & Behavioural Finance Variance Premium, Downside Risk, and Expected Stock Returns We decompose total variance into its bad and good components and measure the premia associated with their fluctuations using stock and option data from...