Monetary policy divergence: opportunities and threats for global fixed income investors
After a prolonged period of convergence following the global financial crisis, monetary policy divergence between the US and other major economies has returned.

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.