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Designing macro-resilient portfolios in a changing world
We outline a process for building portfolios that are resilient to macro risks over the long term.
Insights
Stay up-to-date on our latest research and views on asset allocation topics:
Featured
Asset allocation and investing in a changing world
How can investors respond to macro uncertainty and changing regimes?
Insights
Insights
Designing macro-resilient portfolios in a changing worldDesigning macro-resilient portfolios in a changing world
We outline a process for building portfolios that are resilient to macro risks over the long term.
Insights
Breaking down yields for asset allocation in volatile bond marketsBreaking down yields for asset allocation in volatile bond markets
Short- versus long-term perspectives and forecasting bond returns.
Insights
Using CMAs to navigate the recent equity market sell-offUsing CMAs to navigate the recent equity market sell-off
Did our expected returns anticipate subsequent performance across markets?
Insights
Asset allocation and investing in a changing worldAsset allocation and investing in a changing world
How can investors respond to macro uncertainty and changing regimes?
Insights
What is the expected return on Gold?What is the expected return on Gold?
The macro drivers of Gold and its role in multi-asset portfolios.
Insights
Macro consensus and understanding market-implied macro pricingMacro consensus and understanding market-implied macro pricing
Applying DCF logic to extract market-implied expectations
Research Publications
Research Publications
Real Estate Exposures to Bond and Equity Return DriversReal Estate Exposures to Bond and Equity Return Drivers
Journal of Alternative Investments (2024)
Research Publications
Simulating Long-Horizon Returns on Government BondsSimulating Long-Horizon Returns on Government Bonds
Journal of Fixed Income (2024)
Research Publications
Understanding International Long-term Interest Rate ComovementUnderstanding International Long-term Interest Rate Comovement
Advances in Econometrics (2022)
Research Publications
Financial Market Volatility, Macroeconomic Fundamentals and Investor SentimentFinancial Market Volatility, Macroeconomic Fundamentals and Investor Sentiment
Journal of Banking and Finance (2018)
Research Publications
Information in the Term Structure of Yield Curve VolatilityInformation in the Term Structure of Yield Curve Volatility
Journal of Finance (2016)
Research Publications