Disclaimer: Views in this blog do not promote, and are not directly connected to any Legal & General Investment Management (LGIM) product or service. Views are from a range of LGIM investment professionals and do not necessarily reflect the views of LGIM. For investment professionals only.

Markets and economics

Currency

A spoonful of sterling...

The pound weakened versus major rivals in the first half of the year, presenting us with an opportunity to look again at the idiosyncratic factors that affect its performance – and the role of foreign-currency risk in multi-asset portfolios with sterling as a base currency.  
By Willem Klijnstra

Economics

Escaping lockdown: revisiting the economic scenarios

A lot has changed in the month since we set out our thoughts on what comes next for the global economy. The range of outcomes has narrowed a little, but there remains huge uncertainty about the virus, the speed of recovery, the lasting damage to output, and inflation implications.  ;
By Tim Drayson

Economics

COVID-19: markets are overly sanguine

I recently discussed on Bloomberg why we think the market is placing too much confidence in when economies can reopen and to what degree.;
By John Roe

Equities

Is it finally the time for value to shine?

Value stocks may be facing a ‘now or never’ moment.  ;
By Lars Kreckel

Economics

The IMF: transmission impossible?

The International Monetary Fund (IMF) is considering letting its anti-intervention orthodoxy crumble to allow countries to control capital flows and exchange rates.  ;
By Magdalena Polan

Commodities

Gold: fading the metal’s shine

Gold has rallied strongly this year as a safe-haven asset, but its elevated price may now pose a risk for investors chasing its performance.  ;
By Willem Klijnstra

Fixed income

Who wants credit after the rally?

The rally in US corporate bonds presents an interesting trade for investors wary of elevated valuations in risk assets.  ;
By Tim Armitage

Economics

What are the challenges to agreeing the European Recovery fund?

I discuss the European Recovery fund and the potential compromises being made in this CNBC interview.  
By Hetal Mehta

Equities

Running with the bulls

Today should have been the end of the traditional ‘Running of the Bulls’ in Pamplona, but the festival was cancelled. Can we expect other bull markets to keep running?  
By Christopher Jeffery

Equities

The subscription model

We believe subscription-based business models can offer both defensiveness and earnings quality, particularly during times of economic turbulence.  ;
By Gavin Launder

Fixed income

Credit update: NIP and tuck

A closer look at new issue premiums during recent credit market volatility.;
By Corinne Lewis-Reynier

Economics

Is the US economy running out of steam?

The rapid reopening of the US economy may have come at the expense of containing a new COVID-19 outbreak. That doesn’t bode well for growth’s long-term health, either.;
By Tim Drayson

Economics

Plenty of trouble, but no bubble

Could there be a bubble during a crisis?;
By Emiel van den Heiligenberg

Economics

The US election: setting the baseline

The presidential election is just four months away. What should investors expect?  ;
By Lars Kreckel

Equities

Show me the money!

Wirecard is just the latest in a series of corporate scandals that demonstrate why we believe quality is essential in growth investing.  ;
By Gavin Launder

Fixed income

Neunundneunzig red flags: how we avoided Wirecard

Avoiding defaults is essential for credit managers; a commitment to risk management helped us do just that in the case of Wirecard.  ;
By Madeleine King

Sign up for email alerts

Latest articles in a weekly digest

Please select your location

Europe

North America

Asia

Please select your investor type

Please select your investor type