Focused Thinking
Economics
Private equity general partners are increasingly adopting net asset value financing amid difficult markets for new capital raises and exits.
3 min read | June 2025
Japan in focus
Ten ways the Japanese economy is moving toward greater alignment with other developed economies.
4 min read | June 2025
Japan in focus
The number of outstanding shares in the Japanese equity market is decreasing as the unwinding of cross-shareholdings continues.
3 min read | May 2025
Economics
Expect rate cuts across the globe for the rest of 2025
3 min read | May 2025
Japan in focus
The year 2025 could be a turning point for long-term economic change.
3 min read | May 2025
Economics
Liberation Day tariffs to have different effects on different parts of the world
5 min read | April 2025
Economics
The private credit market is rapidly evolving, with new players, products and rules set to help it reach a projected $2.64tn by 2029.
3 min read | March 2025
Central Banks
US tariffs are likely to hamper European growth rather than cause an inflationary problem, making it more likely that European central banks further lower rates.
4 min read | February 2025
Economics
As investors weigh up whether US equities can defy gravity for another year, buying quality and selling junk stocks offers a hedge in the event of a downturn.
3 min read | February 2025
Annual Outlook
The ECB’s focus is shifting from high inflation to worries about anemic economic growth. We increasingly believe the consumer-led recovery is unlikely to materialize. Consequently, we expect the ECB to lower rates to below neutral to support the economy
8 min read | December 2024
Economics
Regulatory clarifications have opened-up the market for bond buybacks, allowing financial firms to proactively manage upcoming refinancing of regulatory capital.
3 min read | November 2024
Economics
Interest rate rises triggering opposite effects in the euro versus the dollar volatility market have created new investment opportunities.
3 min read | October 2024
Economics
The highly volatile market environment calls for effective stock selection based on balancing fundamentals with momentum.
5 min read | October 2024
Central Banks
We have seen an overall slowdown in long-term GDP growth across different global economies in the last 15-20 years and, in our long-term view, this trajectory will continue.
6 min read | September 2024