Investment themes 2019
Key issues for investors this year include the softening macro outlook and diverging monetary policy, shifting risks and opportunities in global credit markets, and the evolution of cashflow and liability-driven investment approaches.

Quarterly fixed income and currency review and outlook
Economic indicators in the eurozone continued to point towards fading growth momentum. Composite purchasing managers’ indices, while continuing to indicate growth in economic activity, are trending towards the lowest levels of the current cycle.

Thoughts for 2019
After a difficult year for most asset classes, with a backdrop of rising US bond yields and escalating tensions over global trade, we share our thoughts on some of the major issues for investors as we move into 2019.

Sovereigns and sustainability
Fixed income investors are sharpening their focus on countries' sustainability risks. We believe effective sovereign debt investment requires in-depth analysis of ESG matters, and our proprietary model aims to help us better understand ESG risks at the country level across our portfolios.