showing 1 - 8 of 864 results






Recent Institutional Research


On Thursday, June 23, the UK voted in a popular referendum to leave the European Union (EU). Britain’s prime minister, David Cameron, who campaigned for the UK to stay, said on Friday morning that Britain must now prepare for a negotiation with the EU. He also announced plans to resign in three months.

June 28, 2016

Future Shock

How China’s Reforms are Creating Disruptive Risks (And Opportunities)

Asian Sovereign Strategist
Director—Asia-Pacific Fixed Income
Chief Investment Officer—Asia-Pacific ex Japan Value Equities

China, in the eyes of the world’s media and investment commentators, has gone from being an economic marvel to facing a looming crisis in just a few years. This fall from grace is easy to understand, given the slowdown in the country’s growth, the structural challenges it faces, and its size and overall importance to the world economy. Clearly, China poses risks to investors. One risk in particular concerns us, however: the risk that investors may be underestimating China’s upside potential. Unless investors take a balanced view of the risks facing China, we believe they could experience strong “future shock” in the next few years if, as is still possible, the country succeeds in its objectives.

May 1, 2016

Deflation in the Euro Area: Are We There Yet?

Senior European Economist

With the European Central Bank (ECB) finally recognizing that the euro area is battling against severe deflationary headwinds, further policy easing looks likely. This should help anchor bond yields, but may not be enough to overcome the huge challenges facing the region.

November 20, 2014

More Research