Equity markets have rebounded over the past month as unprecedented monetary and fiscal stimulus has helped to prop up global economies.
While the UK is moving into the next phase of the public health crisis, the economic ramifications suggest recovery is likely to be a long and challenging process.
Just like lies, poor sustainability practices have a have a habit of coming back to haunt you.
Our current view on Japan comprises three main bearish elements, and three bullish ones. We will turn first to the bearish considerations.
To many investors, an economic recovery appears to be underway.
Infrastructure investment expected to increase
Investors should stick to their long-term strategic equity allocations
BBVA issued the first ever Green Additional Tier 1 (AT1) bond on July 7, and immediately sparked a spirited debate among the TwentyFour team over how green bank capital can be.
Markets change, but human nature does not. This year's pandemic-induced swings in sentiment have created opportunities to buy best-in-class cyclical businesses in unloved industries.
Mainstream investors are still looking elsewhere
The pet care market offers moderate but stable growth prospects, helped by a constant rise in pet ownership and increase in spending per pet.
How should investors behave in the current environment? There are many studies that show high yielding shares have historically provided superior total returns compared to the broad UK market.
Firstly, equities. The companies we invest in continue to pay their dividends, even when many others are cutting or suspending theirs and/or raising equity.
The market response first, to the Covid-19 crisis, and second, to the huge stimulus packages announced to offset it, has been astonishing.
As multi-asset investors focused on income generation, we do not think going against global central banks is prudent, and until we see a meaningful turnaround in economic data, our preference for adding to risk is likely to remain for debt over equity...
Fiscal stimulus and central bank intervention possibilities
The onset of the current crisis has exposed fragilities in the global economy caused by a long obsession with efficiency, to the exclusion of all else.
Deciding how best to ease the UK's coronavirus lockdown is proving as divisive as Brexit.
The first quarter was a rollercoaster for global credit markets with a severe, homogeneous sell-off, followed by a sharp, if more modest, central bank-induced recovery.
The global lockdown has decimated some businesses with those in leisure, travel or retail seeing revenues collapse to zero.
During the 2008 Global Financial Crisis, recovery was largely in the hands of the governments bailing out troubled companies and providing liquidity to the system.