In May, global equities advanced once again, as the Fed, the ECB and the BoE kept their tightening cycle on pause, instead anticipating a first rate cut. In contrast, emerging market equities lagged, with Chinese equities delivering mixed returns as gains in Hong Kong listed shares were countered by weaker returns from onshore stocks. It was a mixed month for global government bonds, although US Treasuries delivered gains. CIO of AXA IM Select, @Rémi Lambert provides a market update and his view on asset allocation: https://bit.ly/3RBTWhY For professional investors only. Follow #AXAIMSelect to get our specialist multi-manager’s latest news and views. #globalmarkets #equities #assetallocation
AXA Investment Managers’ Post
More Relevant Posts
-
Long term investors are rewarded in emerging markets hard currency (USD-denominated) debt. The last 30 years have seen plenty of changes and different environments when it comes to monetary policy, the USD and idiosyncratic developments in emerging markets. Patient investors would have scored with returns not too far from global equities and even above emerging markets stocks. https://lnkd.in/eApc3ZGs For professional investors only. Capital at risk. #emergingmarket #emergingmarketdebt
-
-
📈 𝐒𝐢𝐠𝐧𝐢𝐚 𝐈𝐧𝐯𝐞𝐬𝐭 𝐌𝐨𝐧𝐭𝐡𝐥𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 - 𝐀𝐩𝐫𝐢𝐥 𝐑𝐞𝐯𝐢𝐞𝐰 April showcased significant shifts in market dynamics, driven by rising US inflation and escalating geopolitical tensions. Here’s a snapshot: • S&P 500 fell by 4.2%, reflecting investor caution. • Gold and USD strengthened, proving to be reliable safe-haven assets. • FTSE 100 bucked the trend, climbing to new highs with a 2.4% gain. • Emerging Markets displayed positive movement, particularly Hong Kong’s Hang Seng index. 🔗 Dive into our comprehensive analysis from Robert Lee, CFA, our Co-Head of Multi-Asset Investments and Head of Rates, to understand these trends and what we might expect moving forward. https://lnkd.in/eVhW53ie #MarketReview #FinancialMarkets #InvestmentInsights #EconomicOutlook
-
Yesterday, I shared a chart on emerging markets fixed income and how they could be impacted by a strong U.S. dollar. Sticking with that theme, today I wanted to share this chart that looks at annualised daily returns and volatility for a mix of EM assets over the last 15 years. The chart includes Sovereign Bonds, High-Yield Bonds, and Equities, giving a sense of how these assets have performed in terms of risk and reward over time. It’s interesting to see how different EM asset classes stack up, especially during a period that’s seen plenty of ups and downs globally. As the strong dollar and potential policy changes take centre stage, it’ll be worth watching how emerging markets react and where these assets might head next. For educational purposes only—not financial advice. #emergingmarkets #em #fixedincome #highyield #sovereigns #equities #volatility #returns #usd #markets #investing
-
-
Fidelity International Outlook 2025: The divergence dividend Top convictions for equities in 2025 ■ US stocks will outperform rest of the developed world on earnings ■ Japanese shares still a strong bet as reforms improve returns ■ Nerves over valuations make the case for income Top convictions for fixed income in 2025 ■ Defensive US dollar investment grade - to shelter from recession risks ■ Global short duration income - to lock in decent all-in yields ■ Asian high yield - to capture attractive carry and spreads compression
-
Japanese equities have enjoyed strong performance since early 2022, outpacing global equities by 33.7%. However, with the yen strengthening and upcoming election volatility, will this outperformance continue? Click to read Cambridge Associates' latest insights on Japanese equities to find out more: https://ow.ly/mcAA30sHhM5
-
-
Global market capitalization has reached a new milestone, surpassing its previous peak to over $124,000 billion. This surge is driven by the bullish explosion of Chinese equities, the recovery of European equities, and record highs in the USA. 📈🌐 #MarketCap #Finance Read the article: https://lnkd.in/gTbw5zDe
-
-
Head of Allianz Networks France & New Networks | Supporting Allianz to market Asset Mgmt & Unit-Linked Solutions - strategy into execution - AZ France, BeNeLux, Spain, Portugal, CEE
Emerging Market Debt ‒ Monthly Market Musings by Allianz Global Investors ‒ October 2024: "Heading into 2025 with a clean slate" This month’s EMD Monthly Market Musings looks at how emerging markets' fixed income performance has proven resilient through geopolitical risk, market volatility, elections, and changes in the US Federal Reserve’s narrative. With stronger balance sheets and more inflows, the EMD team see the return of broader support for the asset class – and emerging markets starting 2025 with a clean slate. #NavigatingRates #EMD #EmergingMarkets #MonthlyMarketMusings
-
Emerging Market Debt ‒ Monthly Market Musings by Allianz Global Investors ‒ October 2024: "Heading into 2025 with a clean slate" This month’s EMD Monthly Market Musings looks at how emerging markets' fixed income performance has proven resilient through geopolitical risk, market volatility, elections, and changes in the US Federal Reserve’s narrative. With stronger balance sheets and more inflows, the EMD team see the return of broader support for the asset class – and emerging markets starting 2025 with a clean slate. #NavigatingRates #EMD #EmergingMarkets #MonthlyMarketMusings
-
Emerging Market Debt ‒ Monthly Market Musings by Allianz Global Investors ‒ October 2024: "Heading into 2025 with a clean slate" This month’s EMD Monthly Market Musings looks at how emerging markets' fixed income performance has proven resilient through geopolitical risk, market volatility, elections, and changes in the US Federal Reserve’s narrative. With stronger balance sheets and more inflows, the EMD team see the return of broader support for the asset class – and emerging markets starting 2025 with a clean slate. #NavigatingRates #EMD #EmergingMarkets #MonthlyMarketMusings
