Market Outlook

With bond yields higher than they’ve been in years, Fixed Income Manager Matt Eagan discusses the opportunities he is pursuing in the fixed income markets.

Discover the monthly macro and market analysis of Natixis Investment Managers Solutions.

Discover the monthly macro and market analysis of Natixis IM Solutions.

The Loomis Sayles Global Credit Sector Team discusses rate volatility, possibly deteriorating credit fundamentals and key technicals at play in the market.

Acceleration of renewable energy and industrial automation, plus regulatory clarity, are positive for sustainable and ESG investing says Mirova’s Jens Peers.

Loomis Sayles anticipates a volatile start to 2023, which could provide investment opportunities.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Natixis Investment Managers' affiliates share their thoughts on what might be on the horizon for investors in 2023.

Institutional investors see a challenging year ahead. Read the full results from our 2023 Natixis Outlook Survey.

Glyn Nelson, Head of Research & Strategy Asia-Pacific at AEW, shares his perspectives for the residential market in APAC.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Positioning for disruption.

Economic winds, US dollar strength making non-US assets more attractive, and sector standouts in global equities are covered by Vaughan Nelson’s CEO.

Three fixed income market experts share diverse views on Fed rate hikes, inflation, high yield’s liquidity issue, and value opportunities in 2023.

It’s the million dollar question: How much do I need to retire? See how a million in retirement savings isn’t what it used to be.

The timing and degree of this re-pricing will be shaped, as always, by additional future changes to monetary policy, the resulting impact to the broader economic environment, and the property sector/market specific vagaries of the various individual assets.

Economic momentum is slowing globally after a strong 2021 and Asia Pacific should not be immune to this. Still, as it stands, the region has had the strongest short-term growth outlook compared to the US and Europe.

Key risk concerns for retirement security are coming to a head in today’s rapidly changing economic environment.

Natixis IM Solutions analyse the economic and political turmoil in the UK.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Many US plan sponsors that use derivatives can draw lessons from the recent spike in gilt yields when it comes to build their LDI portfolios.

For Loomis Sayle, the majority of positive developments that propelled markets higher earlier in the current credit cycle are now working in reverse.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Real Estate interest rates have moved upwards but Loan-to-Value (LTV) ratios show stable levels.

Allocations are under review amid sustained inflation and a recessionary environment.

Russia’s weaponization of natural gas supply to Europe has ignited a supply shock that will exacerbate a global competition for scarce resources.

River flood, sea level rise, drought etc: how will physical climate change impact European real estate returns?

Discover the latest monthly macro and market analysis of Natixis IM Solutions.

What’s on Vaughan Nelson’s shopping list for value stocks at midyear mark? CEO Chris Wallis talks market dynamics and areas of deep discounts.

Discover Natixis IM Solutions’ latest view on the ECB and inflation.

With recession looming, central bank policy is a linchpin in H2 prospects.

Read Natixis IM Solutions' latest Market Review.

Tighter monetary policies globally, focused on bringing stubborn inflation in line with central bank targets, have increased the odds of a recession.

Discover Natixis IM Solutions’ latest perspectives.

Loomis Sayles analyses the big changes underway in central bank balance sheet policy globally.

AEW’s quarterly update and outlook on the economy and Real Estate across segments (industrial, apartment, property, retail, office) in the US.

AEW’s market update and outlook on Real Estate in APAC across countries and segments.

Find out about the latest perspectives from Natixis IM Solutions.

How do REITS perform in a rising rate environment? The answer varies because different types of interest rates (Federal Funds, 10 year Treasury, Corporate Bond yield etc) have very different cycles.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Here, we explore how yields have moved during past periods and offer takeaways for pension investors to consider as they navigate the current cycle.

Asset managers are now obliged to adapt their investment strategies in order to be able to offer advantageous solutions that allow investors to protect themselves from inflation or to take advantage of the current environment.

A quarterly look at data and topics in the syndicated loan market.

Discover Natixis IM Solutions’ latest perspectives.

It’s a rare fixed income asset class that has the potential to both increase yield and lower volatility.

Michael Acton, Head of Research at AEW, explains which factors and trends drive the growing interest of institutional investors in the alternative property sectors in the US.

Discover the monthly macro and market analysis of Natixis IM Solutions.

The tide is going out on the great wave of liquidity that flooded markets in the aftermath of the pandemic.

In an environment of rising inflation and low growth, Loomis Sayles expects real yields to fall and TIPS (Treasury Inflation Protected Securities) to outperform nominal Treasurys.

AEW’s quarterly market update and outlook on real estate in the US across segments (industrial and apartment property, retail, office).

AEW’s market update and outlook on Real Estate in APAC, across countries and segments.

Discover Natixis IM Solutions’ latest perspectives.

Land take regulations to drive land prices, density & Brownfield developments up.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Today, as more investors find themselves fully, or at least more fully funded, commercial real estate offers another attribute that may be valuable in this new, and perhaps unexpected, environment.

How to measure the impact of climate change on carbon-exposed bonds? The Loomis Sayles Disciplined Alpha team assesses carbon risk in their bond portfolios with their proprietary Carbon PI metric.

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.

GDP growth, inflation, monetary policy… Find out the outlook for 2022 of Patrick Artus. Senior Economic Advisor of Natixis.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Loomis Sayles believes that an allocation to bank loans can be a strong addition to a fixed income portfolio for both the short-term and long-term investor.

A quarterly look at data and topics in the syndicated loan market.

Discover Loomis Sayles’ latest quarterly outlook.

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

Etienne Vicent, Head of Quant Strategy & Marketing at Ossiam and Isabelle Pajot, Portfolio Manager at Thematics Asset Management, respond to three important questions in this podcast.

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

Climate change poses physical and transitional risks to many economic sectors, and hence a risk of capital loss to investors. How do they adapt?

In a context of declining forest area in the world due to deforestation, Mirova believes that sustainably managed forest plantations can contribute to meeting some global challenges.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Climate change is for banks both a source of risks, in particular transition and reputational risks, and opportunities.

Mirova has established 4 levers of action to accelerate the transition towards a net Zero world: understanding the magnitude of the changes taking place, changing investment patterns, rethinking measurement tools and engaging in dialogue with all their stakeholders.

Asia Pacific’s multifamily sector is set to expand and is piquing the interest of investors.

No Place Like Home: Defensive Residential Returns Attract Investors.

Update on real estate markets and where they are going.

The complimentary of interesting investment ideas and robust data cannot be overstated, as Ossiam’s experience in Italy clearly demonstrates.

ILN Position paper for COP26 and G20, in collaboration with the Rockefeller Foundation.

Over the past year, e-commerce firms have expanded their physical presence rapidly, which has led to record high levels of demand for modern logistics space.

Most recent data suggests lenders “risk-off” attitude.

Discover Loomis Sayles’ latest quarterly outlook.

A quarterly look at data and topics in the syndicated loan market.

COVID-19 has heightened both the demand for refrigerated space as well as the awareness of the critical role it plays in society broadly.

The European Commission put forward a comprehensive ‘review package’ of Solvency II rules with a potential impact on assets held by insurers.

An in-depth analysis of the sustainable bond market, its outlook for 2021 and its main drivers.

Inflation is back. Temporarily or for a long time?

Discover the monthly macro and market analysis of Natixis IM Solutions.

AEW’s quarterly update on US Economy and Real Estate markets.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Long term trends alleviate concerns on runaway inflation.

Inflation Risks: What impact for investors?

Discover Loomis Sayles’ latest quarterly outlook.

A quarterly look at data and topics in the syndicated loan market.

AEW evaluates the REIT performance under fluctuating interest rate conditions, both long and short, inflation conditions, and credit risk profile of the general corporate sector.

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

Discover the monthly macro and market analysis of Natixis IM Solutions.

Callable Bonds: which bonds SCR credit calculation method, what is the impact on their use?

Discover the monthly macro and market analysis of Natixis IM Solutions.

The segment looks at the inherent features of the Seoul office market that led to this result, the attractive fundamentals and key opportunities, and what we might expect to see going forward.

The segment of the rental housing market that is affordable to households with low to moderate household incomes.

America on the Verge of Returning – making strong progress overall in the vaccine rollout.

Markets are expected to see a more widescale recovery to begin in the coming months as mass vaccinations continue and business confidence improves.

Will Logistics Continue To Be The Favourite Asset Class For Real Estate Investors?

Strong resilience for regional European offices

Asset managers sorting funds into different sustainability categories realise it’s only the first step on a longer ESG classification journey.

The global growth outlook continues to improve, with European vaccinations accelerating, the US economy booming and Chinese growth still roaring.

Investors appear to be focused on the government’s pandemic-related stimulus and vaccination programs, and are questioning inflation expectations and the implications for real yields.

Discover the monthly macro and market analysis of Natixis IM Solutions.

More than ever, green bonds are the focus of attention and the curiosity they are arousing is equalled by the questions they have raised.

Covid-19 negatively impacted 2020 European growth to various degrees. Regardless of its precise speed, the 2021-22 recovery is expected to be solid. But, this strength is also raising concerns on inflation.

A quarterly look at data and topics in the syndicated loan market.

Has the health crisis changed our view of the healthcare sector?

A closer look at the fundamental differences between the US and European Leveraged Loans markets.

The pandemic has highlighted the rising importance of anticipating socioeconomic megatrends for fund managers to stay ahead.

Five critical risks bring retirement security into focus.

What can we expect on the equity markets in 2021 and what are the best strategies for equity insurance management?

An end to the crisis is in sight, with greater visibility for the markets.

A quarterly look at data and topics in the syndicated loan market.

Our experts forecast the first year of the post-Covid economy

Get seven critical insights into how institutions will tackle risks, opportunities, and challenges in an uncertain 2021.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Discover the monthly macro and market analysis of Natixis IM Solutions.

Trump or Biden? Which majority in the Senate and the House? Which are the scenarios for the upcoming US election and what they might mean for markets.

A quarterly look at data and topics in the syndicated loan market.

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

Discover the monthly macro and market analysis of Natixis IM Solutions.

Will massive monetary and fiscal stimulus measures all around the word be sufficient? What are the long-term consequences?

A quarterly look at data and topics in the syndicated loan market.

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

Admittedly, consumption has rebounded considerably since mid-May due to pent-up demand as households spent part of the savings they had accumulated during lockdown.

What COVID-19 has changed in the Real Estate Sector in Asia, in Europe and in the US.

Ostrum Asset Management expert’s economic and market analysis

Lifting the lid on the world of algorithms, machine learning and artificial intelligence.

Following the March sell-off, markets rebounded strongly in April, despite dismal economic data, as large fiscal and monetary stimulus helped lift sentiment

The quickest, sharpest decline in history has been followed by the quickest, sharpest rebound, so the question now is: Where do we go from here? In this paper we take a look back at the history books and call on some veterans of the industry to help understand what the road to recovery might look like.

Unprecedented times call for unprecedented measures. Facing a global health crisis that has morphed into a global economic crisis, central banks and governments around the world have announced massive stimulus measures in anvattempt to avoid a full-blown financial crisis.

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.

The Natixis Investment Managers Solutions Global Market Strategy team February review of the market.

What will be the impacts of the oil price war triggered by Saudi Arabia and Russia on the economy?

Ostrum Private Debt Real Assets team looks into the direct and indirect impacts of the COVID-19 crisis on the infrastructure sector.

Four senior female executives discussed how investors’ attitudes have changed at a recent event to celebrate International Women’s Day.

As real estate contributes to 36% of greenhouse gas emissions globally, a deep understanding of climate change related risks for the commercial real estate sector is starting to develop. Climate change risks include both direct physical and indirect transitional risks.

Find the point of views of the experts of Natixis Investment Managers and its affiliates regarding the Coronavirus and its impact on global markets.

Since the end of January, news headlines are almost exclusively dedicated to the spread of the Coronavirus out of Wuhan, in China. Here, we will focus on the economic impact.

Nonbank lenders now dominate the US mortgage market for loans to low-income families guaranteed by the federal government. They are heavily reliant on short-term funding and have only a slim cushion to weather a shock.

Ostrum Asset Management expert’s economic and market analysis.

A quarterly look at data and topics in the syndicated loan market.

Green shoots of a global mini-cycle recovery have encouraged stronger risk appetite and a benign forward outlook.

Ostrum Asset Management expert’s economic and market analysis.

The European Insurance and Occupational Pensions Agency (EIOPA) published on October 15th 2019 its Consultation Paper on the Opinion on the 2020 review of Solvency II.

For the second year in a row, Natixis Investment Managers, Ossiam and Barclays Investment Bank gathered two economic titans, Robert Shiller and Patrick Artus, to discuss the potential catalyst of the next downturn.

A quarterly look at data and topics in the syndicated loan market.

In this report, AEW shares initial analyses of loan-level data to allow answering the question: is commercial real estate debt priced efficiently for investors in European markets?

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

Investors may view emerging markets as particularly vulnerable to volatility, since the asset class typically sees outflows during times of market stress. However, emerging markets are not all one and the same.

In this report, the factor investing approach is applied to close to 40 European office markets for the first time comparing it to traditional core and value add investment styles.

How UK Defined Contribution (“DC”) schemes can overcome the misconceptions that stop them offering investments with superior risk-return potential.

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

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

2019 European annual outlook

Ossiam Research Publication

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

Limited new supply drives rental growth.

Fixed income investors may be stymied by the current mix of interest rate projections and global macroeconomic news.

An in-depth assessment of retirement in the world.

Following MiFID II, institutional investors need to provide higher levels of transparency and reporting on their trading activities than ever before.

European Research Monthly Update

H20 Letter

Innovate to meet the e-commerce challenge.

H20 Letter

If one is truly honest, one must admit that most asset markets across the globe appear expensive today, at least through the lens of historical valuation metrics.

As yields on European commercial real estate have tightened to record lows over the last two years, investors are fully justified to question whether direct real estate offers sufficiently attractive returns.

The blockchain will disrupt the way in which transactions are made.

Three ways institutional investors are preparing for the fallout of a market shift

AEW US Q4 2017 Real Estate Market Outlook

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

Natixis Investment Managers’ affiliates share their thoughts on what might be on the horizon for investors in 2018.

Institutional investors warn of volatility, asset bubbles and fragile markets.

IFRS 9 accounting standards could have a major impact on the results of banks, insurers and listed companies.

Analyzing likely impacts of market changes and the state of debt markets in Europe, this report provides an overview of current conditions, highlighting strategies that have the potential to deliver outperformance.

AEW Europe Q2 2017 Real Estate Market Outlook

AEW Europe Q1 2017 Real Estate Market Outlook

What does the outcome mean for global financial markets?

Institutional investors embrace risk in pursuit of better returns and yield, finds Natixis Global Asset Management Survey.

Our expert's insights into the 4th December's Italian referendum and its impact on financial markets.

Pension schemes face up to new challenge.

Post-referendum Q&A with AEW Research & Strategy.

Capital Market Notes

How investor behavior is rewriting the job description for financial professionals.

Brexit implications for UK and global markets.

Institutional investors bullish on stocks, alternatives in 2016, wary of global political tensions, Natixis survey shows.

Companies grapple with new regulatory constraints, capital rules and increased risks.

New regulations raise the bar for liquidity management.