Equities

Why does biodiversity matter and what role does water play?

Vaughan Nelson examines the diversification benefits offered by broad market index, highlighting the fact that the S&P 500 index’s risk factor diversification has reduced over time due to the market cap concentration.

We are still placing too much hope in carbon capture technologies and offsetting mechanisms, but it is increasingly urgent to electrify our uses, to decarbonize the electricity produced and more generally, to adopt the innovative and virtuous solutions that are already available.

As a Long-term value investor, Harris Associates takes a thoughtful approach to the interests of both shareholders and stakeholders.

A long-term, best ideas approach.

Rightly or wrongly, the investor believes there is a link between inflation and more volatility in equity markets. An investor who is concerned over a rising equity risk in his portfolio may opt for an overlay strategy to reduce it, rather than government bonds.

Loomis Sayles’ sector teams are composed of traders, analysts, strategists and portfolio managers immersed in their respective sectors of the market. They all answer three questions that are top-of-mind for many investors.

Mirova Europe Environmental Equity strategy’s goals are aligned with the European legislative package "Fit for 55", aiming at reducing greenhouse gas emissions by at least 55% by 2030.

Rethinking buildings is essential to achieving carbon neutrality. It’s one of the ‘Fit for 55’ objectives and one of the themes of the Mirova Europe Environmental Equity strategy, which invests in companies developing solutions to mitigate the carbon and ecological footprint of the building sector.

Bill Nygren from Harris Associates explains why its value investment philosophy and long-term perspective protect its portfolios against any emotion-driven overreaction when prices suddenly go up or down.

Ossiam looks at the extent to which biodiversity could be a key factor in distinguishing between opportunities and risk in this high-stake sector.

Investors can create value by engaging with management to drive sustainable business models.

Discover Loomis Sayles’ latest quarterly outlook.

Natixis Investment Managers' affiliates share their thoughts on what might be on the horizon for investors in 2022.

Growth, a strong US dollar, commodities, and sector rotations are explored by Vaughan Nelson CEO and Portfolio Manager in this 2022 outlook.

While finance has a key role to play to tackle the climate change challenge, Mirova’s Climate Ambition strategy is an equity strategy aiming at decarbonizing the economy.

Earnings per share, financial multiples, dividend: what have been the biggest contributors to equity market growth over the recent years? Maximizing your total return requires a good allocation and a good understanding of these different performance factors.

Amber Fairbanks, Portfolio Manager, CFA^® at Mirova US, talks to Citywire about their Global Sustainable Equity strategy and what sustainable investing means to them.

Discover Loomis Sayles’ latest quarterly outlook.

Our connected world means it is now possible for unwanted actors to infiltrate power stations, electricity grids and maybe even democratic elections.

What is “Spot Up, Vol Up”? Simon Aninat, Volatility expert at Seeyond, provides insights on what this market configuration can reveal.

David Herro from Harris Associates explains why value investing may be reaching a new momentum.

Sidelined by investors’ focus on carbon emissions, biodiversity can no longer be ignored.

This generation that never knew a world without internet is considered to be more socially and environmentally aware.

Discover Loomis Sayles’ latest quarterly outlook.

The pandemic witnessed faster adoption of certain technologies but their sustainability can be quite an odyssey, as solutions never come without risks

Asia’s Road to Recovery – Uneven but in the Right Direction.

Combining smart beta with ESG filtering and carbon reduction techniques shown to enhance returns.

To what extent does Biden’s election change the American landscape in terms of climate related policy?

Today’s world is changing, led by long term transitions: demographic, technological, environmental and related to corporate governance.

Finding the right timing to switch from a Growth to a Value style (and conversely) in portfolios may be challenging for investors. Not for the Shiller Barclays CAPE US Sector Value Strategy.

How the domination of Mega-cap stocks within indices reduce the ability to generate outperformance?

David Herro of Harris Associates discusses how the economic repercussions of Covid-19 are creating long-term growth prospects for value investors.

Has stock picking in the US equity market become too complex that investors have finally decided to look at this asset class only through the lens of passive investment?

Economic activity rebounded sharply over the third quarter, pushing the global economy out of the downturn phase of the credit cycle.

This strategy seeks attractive long-term opportunities through a highly collaborative best-ideas approach grounded in fundamental research.

The global economy is transitioning from the downturn phase of the credit cycle into credit repair.

Core ESG equity portfolios can outperform both ESG benchmarks and financial indices.

Downside protection really paid off in 2020. But it’s not as simple as buying the VIX.

In the face of coronavirus lockdown and resulting economic malaise, multiple data shows the sustainability sector is outperforming the wider market. Yet not all ESG investment managers are the same. Many continue to invest in poor ESG-rated industries while others do not – and some strategies are therefore proving to be more resilient.

For investors, a major challenge is to identify those portfolio managers who are most likely to deliver superior risk-adjusted returns in the future. Understanding how an investment philosophy informs a manager’s decision-making can provide meaningful insights into how and why a particular manager generates alpha.

Both consumers and businesses are subscribing more and more to products and services. This Insight of Thematics AM shines the light on some of the long term factors that are driving the broad adoption of subscription based models across a nice mix of industries.

We believe the expansion phase of the credit cycle is over. Several countries are now heading into downturns, largely because of the demand shock from Covid-19.

Nobel Prize winning economist Professor Robert Shiller talks Coronavirus, Artificial Intelligence and narrative economics.

Harris Associates, which is exposed through its equity strategies to some of the strongest European banks, explains why they still believe the European financials can provide strong returns for their shareholders in spite of the coronavirus crisis.

A value investor usually requires a substantial price discount at the company’s intrinsic value. But the latter exceeds the mere accounting value of its tangible assets.

Are we at the dawn of a cyclical change?

If neither the structure of life insurers’ assets changes, nor the level of long-term interest rates, the attractiveness of life insurance for savers may rapidly diminish.

Jens Peers explains how divestment from conventional resources and business models, must also be accompanied with strategies for investment into sustainable solutions for the future.

In this study, Ossiam has run two conditional models regressions of the Shiller Barclay's CAPE® US Sector Value Strategy over standard factor models and considered the regime-dependend nature of the Value premium.

The purpose of this paper is to highlight the growing threat of natural disasters to human safety and explore how technological innovation and adaptation are enabling an effective response.

The Schumpeterian concept of Creative Destruction is alive and well and the waves of innovation are becoming both faster and more violent, especially those backed by large-scale social movements such as climate change.

In 1983, the S&P 500® hit an all-time high of 166. Anyone who said then “I’m too smart to buy into the market near an all-time high – I’ll wait for it to fall 10%” – is still waiting. It never fell 10%.

Some markets are growing faster than the broader global economy due to a range of long-term, secular growth drivers.

On earth as in markets, humans have been trying to domesticate mother nature for their own benefit. But Nature always takes back its place.

Most asset classes have earned strong total returns year to date and could continue to rally through year-end.

Daniel Nicholas, Client Portfolio Manager at Harris Associates, looks back to the volatility in Asian markets during the 1990s and draws six key conclusions for investing in Emerging Markets.

Continuing to seek risk-adjusted excess returns.

An insightful approach to ESG investing may require deeper analysis of societal trends and business fundamentals.

Limits of the static approach: Assessing the value added of a multi-factor portfolio from a performance-agnostic point of view.

There is a growing consensus that educating and employing larger numbers of women can lead to economic growth.

How computing power can extract alpha from complex ESG data

Harris Associates believes that the most significant investments firms are making today are value-creating intangible assets like intellectual property

Loomis Sayles' sector teams return scenarios and relative value recommendations for 2019

The case for investing in U.S. large-cap stocks is encountering scepticism.

A wave of extreme digitisation is disrupting companies’ business models.

Ossiam Research Publication

Collective defined contribution (CDC) is part of the fabric of Dutch society. Could it be exported to the UK?

The developed economies of Europe, US and Japan no longer have a monopoly on invention and progress. The New World is being built on a stage far, far away. The world is not just changing, it is being reinvented.

"Put-write" strategies have nearly kept pace with U.S. equities, but with fewer drawdowns

Ostrum AM focuses on stockpicking and avoids market "noise".

How a combination of member profiling and applying a risk-first investment approach improves member outcomes.

An interview with Mirova's CIO.

The carbon footprint of the major equity indices exceeds the +2°C objective of the Paris Climate Agreement (COP 21).

Overlay and Minimum Variance, two strategies to hedge its equity portfolio against volatility.

Passive investing may not be all that bad for active management.

How passive is your active manager?

Vaughan Nelson insight.

Improved assessment of carbon impact could spur ESG investment and drive innovation.

With the rise of artificial intelligence, nanotechnologies and genomics, we are at the dawn of a period of intense technological progress in life sciences.

Seeking to respond to rapid shifts in markets while reducing risk.

Not all high active share managers are created equal.

Neither active, nor passive, factor investing equity strategy is an alternative to conventional stock-picking strategies.