Bulletins & Research

High Grade Corporate Credit Research Commentary

August 15, 2017

In this commentary, Miriam Legrand, our Vice President of Corporate Credit Research in Fixed Income Investments, discusses the potentially imminent risks presented in the investment grade corporate credit space as a result of possible policy reform, mergers and acquisitions, and changing energy production.

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Investment Themes and Opportunities

August 09, 2017

Our August 2017 investment letter discusses value, price equilibrium, and opportunities in bank stocks in the United States today. We examine Citigroup in the context of the market and regulatory forces that could drive outperformance in the coming years.

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Pension Reform: Did Anything Happen in New Jersey?

July 31, 2017

In this commentary, Bryan Laing, our Vice President of Credit Research in Fixed Income Investments, discusses the challenges state and local governments face in order to create incremental progress toward a viable solution to pension liabilities.

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The years 1987, 1997, and 2007 have more in common than the integer seven.

July 19, 2017

Analysis by Jonathan Lewis that finds a common thread between three years.

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Frontier Emerging Markets: The Reform Story

July 13, 2017

Frontier Emerging markets conjure a picture of underdeveloped third world countries where investors are subject to risks that cannot be easily understood. In this paper we will explore these inherent prejudices and biases and try to show that in a diversified portfolio, the risks of Frontier Emerging Market investing may actually be lower than other equity asset classes and the potential returns greater.

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Investment Themes and Opportunities

July 10, 2017

Donald M. Wilkinson, III, CFA, shares three key themes that make his team optimistic about the outlook for technology.

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Opportunities in Preferred Securities: Income Enhancement in a Low Yield Environment

June 23, 2017

In this commentary, Brian Meaney, our Vice President and Portfolio Manager for Fixed Income Investments, reviews the market for preferreds and discusses their potential to enhance investor portfolios. Commentary Highlights: In today’s environment of low yields and tight credit spreads, preferred securities present an opportunity to supplement income-focused strategies and may enhance after-tax total return.    […]

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All Eyes on Washington, but Many Critical Issues Move Forward at the State Level

May 04, 2017

While we wait for additional clarity out of Washington, including the ultimate outcome of the health care bill, states have been taking action and pursing proposals that may have significant downstream credit impacts on local governments.

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Hedge Fund Investing: Without a Crystal Ball (or Basketball)

May 04, 2017

Recently, retail investors have started to pay more attention to “liquid alternatives” investment strategies. This commentary outlines a few of the things investors should keep in mind when considering investing in liquid alternatives.

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Investing in Emerging Markets

April 24, 2017

In this white paper and webinar, Julian Mayo, Co-CIO at Charlemagne Capital, discusses the investment themes driving emerging markets today, and why previous underperformance has started to reverse.

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