Forecasting Long-Term Equity Returns: A Comparison of Popular Methodologies
A wide range of views exist on how best to generate the long-term equity return forecasts that CIOs use for their asset allocation decisions. Our IAS team evaluates two common methodologies for estimating 10-year equity market returns.
The Fed’s Swap Lines During the Crisis: Lender of Last Resort on a Global Scale
A decade after the worst of the Global Financial Crisis (GFC), Nathan Sheets, PhD, former director of the Division of International Finance for the Federal Reserve Board, looks back at the instability of the global financial system and details the role of the Federal Reserve as the international lender of last resort.
Argentina: Lingering Vulnerabilities in the Face of Uncertainty
The paper describes how the volatility in Argentine markets developed, the uncertainties that lie ahead, and PGIM Fixed Income’s positioning across hard currency bonds, local debt, and FX.
The Global Investment Outlook & Strategy
The Global Investment Outlook & Strategy is a monthly research publication. The document provides a comprehensive review and outlook for global financial markets and economic trends. The document also presents investment strategies and recommendations for asset allocation (between stocks, bonds, and cash), global equity markets within major developed and emerging stock markets and sectors and global bond strategy within major bond markets.