The good volatility problem
April proved to be one other eventful month for markets, with commerce coverage modifications from the White Home particularly driving uncertainty all through whole economies. Learn what high establishments should say on these issues—and extra—beneath.
Insights for CIOs
In search of Stability (PIMCO)
Protectionist U.S. insurance policies, coupled with the prospect for presidency spending cuts, are stoking considerations about U.S. recession dangers and a rekindling of inflation.
Mounted Revenue Allocations for 2025 and Past (Mawer IM)
Poor returns from conventional fastened earnings in 2021 and 2022 have brought about some traders to rethink the composition of their fastened earnings allocations.
Tariff Tantrum (Northern Belief Asset Administration)
What has been the quick affect of tariff bulletins on numerous monetary markets? This report solutions this query.
China: Funding Alternative or Uninvestable? (Morningstar Indexes)
When traders cease and mirror, they might notice how dramatically the funding story round China has modified.
2025 Office Outlook for Funding Determination-Makers (Constancy Investments)
For compliance causes, this paper is just accessible in sure geographies
Along with geopolitical, financial, and financial developments, retirement plan funding decision-makers should additionally contemplate the shifting demographics of their contributors.
What If You Owned No U.S. Shares? (Cambria Investments)
Regardless of U.S. shares accounting for roughly 64% of the worldwide market cap, most U.S. traders make investments practically all of their fairness portfolio in U.S. shares.
Views from CIOs
No person Is aware of, But Once more (Oaktree)
Predicting the longer term is a foul concept, as a result of it all the time fails. Howard Marks drives this level dwelling on this memo.
A Mar-a-Lago Accord? (Rockefeller International Household Workplace)
Throughout this era of heightened uncertainty, traders have been fixated on the on and off tariff threats and the Fed’s “to ease or to not ease” chorus.
Views on Markets – March 2025 (DB Wealth)
The Eurozone financial system is weak and is but to expertise an urgently wanted awakening, partly as a consequence of political uncertainties.
10 Developments That Will Form the Coming A long time – Half 2 (Tikehau Capital)
Who will take in the rise in Western authorities bond issuance? Central banks are ending their quantitative easing packages. Who else?
The Implications of “Liberation Day” (Normal Chartered)
On a self-proclaimed “Liberation Day”, U.S. President Trump introduced wide-ranging tariffs on all imports.
Humpty Dumpty Was Pushed (Hussman Funds)
It’s putting how little Wall Avenue analysts acknowledge the extent to which the federal government deficits of current a long time have contributed to file company income.
CIO Insights Q2 2025 (DBS Non-public Financial institution)
Hou Wey Fook discusses a variety of outlooks for numerous asset lessons and markets which may materialize in Q2 of this 12 months.
1st Quarter 2025 Commentary (TIFF)
Swift modifications applied by the Trump administration have led to elevated market volatility and uncertainty.
