Talking Heads

In an investment environment laden with challenges from rising interest rates to a possible global slowdown, listed real estate comes with advantageous features such as inflation-resilient cash flows and better liquidity than bricks and mortar. As such, listed real estate is a portfolio diversifier offering investors attractive risk-adjusted returns over the long haul. Hosted by Ausha. See ausha.co/privacy-policy for more information.

Investing with a view to a sustainable future has often focused on environmental and governance issues – the ‘E’ and ‘G’ of ESG. However, the path towards a more inclusive society means social factors should be considered more actively as well, argues Delphine Riou, ESG analyst and Inclusive Growth lead, as she points out the significance of the ‘S’ for social in achieving sustainable corporate performance. Hosted by Ausha. See ausha.co/privacy-policy for more information.

Disruption of supply chains is just one factor investors in new technologies currently have to contend with. A fundamental reevaluation of the outlook for US interest rates and as a consequence, the pricing of growth stocks, is another. Pamela Hegarty, disruptive technology portfolio manager, talks about how the themes she sees shaping future technological trends provide her with reference points in assessing today’s opportunities and risks.   Hosted by Ausha. See ausha.co/privacy-policy for more information.

Private equity impact investing offers investors access to an attractive asset class that can help diversify a portfolio and earn attractive returns. In addition, it offers an extra-financial component by enabling them to contribute – and help finance – solutions to pressing social and environmental problems from access to healthcare to promoting a circular economy. Hosted by Ausha. See ausha.co/privacy-policy for more information.

US small-cap stocks are trading near 10-year lows on various metrics, which disregards their  typical resilience in periods of rising interest rates and slower economic growth.  Hosted by Ausha. See ausha.co/privacy-policy for more information.

In early March, Chinese policymakers announced economic growth of around 5.5% would be targeted for 2022. Since then, a number of headwinds have led to doubts China’s GDP growth will reach 5%. In this podcast, we explain why we believe Chinese policymakers have both the intention and the means to counter factors potentially slowing growth in the world’s second-largest economy.  Hosted by Ausha. See ausha.co/privacy-policy for more information.

Value investing remains a worthwhile approach, even after an extended period of underperformance. A rebound has now set in that looks sustainable. Rising interest rates should be supportive of the value style and value still looks cheap relative to growth. Hosted by Ausha. See ausha.co/privacy-policy for more information.

Foreign exchange (FX) markets can be viewed as a derivative asset in that they tend to be driven by volatility in other asset markets. Since 2015, most of the leading currencies have traded in relatively confined ranges. With volatility rising in equity, bond and commodity markets, there are good reasons to expect a new regime in currency markets.  Hosted by Ausha. See ausha.co/privacy-policy for more information.

Inflation has bounced back vigorously from its pandemic-era lows: The headline rate for the US consumer price index has reached a 40-year high, while in the eurozone, the headline rate for the harmonised index of consumer prices is at its highest in 20 years. What does this mean for investors? Hosted by Ausha. See ausha.co/privacy-policy for more information.

To help multi-asset portfolios cope with the geopolitical shock of Russia’s invasion of Ukraine, a move into cash can be useful. At BNP Paribas Asset Management, we have implemented such an approach to ride the recent market volatility and use bounces to sell assets whose fortunes have now changed and build or expand other, more defensive positions at attractive prices. Hosted by Ausha. See ausha.co/privacy-policy for more information.