Content CoE Program Global Program

event April 2025

4 min

Article

2026-04-30

Macro and market Inflation Wellington on Washington and the World Content CoE Program Global Program USA Article

Early thoughts on historic hike in US tariffs

Macro Strategist Michael Medeiros explores the significant economic and market implications of the latest US tariffs, highlighting potential recession and inflation spikes, and the impact on global trade relations.

By

event April 2025

4 min

Article

2026-05-31

Fiscal policy Market disruptions Yielding insights Content CoE Program Global Program Equity USA Europe Article

Sacrificing stocks on the altar of trade

Brij Khurana discusses the Trump administration's new stance on trade and its impact on the US economy, global markets and asset prices.

By

event April 2025

5 min

Article

2026-04-30

Macro and market Inflation Wellington on Washington and the World Content CoE Program Global Program USA Article

Could “Liberation Day” trigger a shift in capital flows?

John Butler discusses groundbreaking US tariffs, their impact on capital flows, and the changing investor perception of the US and Europe.

By

John Butler

event April 2025

3 min

Article

2026-05-31

Fiscal policy Monetary policy Tactical allocation Content CoE Program Global Program Quarterly Asset Allocation Outlook Article

Oh baby, baby, it’s a wild world

Just one quarter into the year, many policy and economic assumptions have been turned on their head. What does it all mean for equity, bond, and commodity markets around the world? Members of our Investment Strategy & Solutions Group offer their outlook.

By

Nanette Abuhoff Jacobson

Supriya Menon

event April 2025

12 min

Article

2026-03-31

Health care Macro and market Fiscal policy Content CoE Program Global Program USA Inflation Wellington on Washington and the World Article

Shrinking the government footprint: Medicaid cuts and America’s economic health

Macro Strategist Juhi Dhawan looks at what changes to the mammoth US Medicaid program could mean for economic growth, employment, inflation, and financial markets.

By

event March 2025

8 min

Article

2026-03-31

Blockchain Cryptocurrency Strategic allocation Content CoE Program Global Program iStrat Article

Bitcoin on the brink: What investors need to know

As bitcoin appears to be entering a new phase of acceptance, we offer a brief asset owner's guide to the cryptocurrency's role, the evolving regulatory environment, potential investment benefits and risks, and portfolio implementation.

Multiple authors

event March 2025

10 min

Article

2026-03-31

Active management Fixed income Credit Content CoE Program Global Program Article

The yield buyer

Our fixed income experts examine the impact of tight credit spreads and elevated yields on today’s credit markets and explore the value of active management.

By

Amar Reganti

Adam Norman

event March 2025

4 min

Article

2026-03-31

Fixed income Inflation Interest rates Content CoE Program Global Program Article

FOMC meeting: Misery loves company

Fixed Income Portfolio Manager Jeremy Forster explores the Fed's decision to hold rates, downgraded economic forecasts, and the implications of balance-sheet policy changes on inflation and market conditions.

By

event March 2025

3 min

Article

2026-03-31

Fixed income Credit What's current in credit Content CoE Program Global Program Credit Total Return Article

High hopes and low credit spreads

Connor Fitzgerald highlights the implications of tight credit spreads and the importance of flexibility for fixed income managers navigating today's market.

By

Connor Fitzgerald, CFA

event March 2025

2 min

Article

2026-03-31

European Union flags waiving at Berlaymont building of the European Commission in Brussels, Belgium

Chart in Focus Equity Asset allocation Content CoE Program Global Program iStrat Europe Wellington on Washington and the World Tactical allocation Infographic

Chart in Focus: how sustainable is Europe’s rally?

Is the recent rally in European equities sustainable? In this edition of our Chart in Focus series, we explore the potential path ahead.

Multiple authors

event March 2025

4 min

Infographic

2026-03-31

USA Macro and market Inflation Content CoE Program Global Program Wellington on Washington and the World Innovation Article

Shrinking the government footprint: Deregulation and the US economy

Macro Strategist Juhi Dhawan shares her view on the economic effects of the Trump administration’s efforts to slash red tape, including the impact on growth and inflation, as well as some of the potential drawbacks of this approach.

By

event March 2025

5 min

Article

2026-03-31

Macro and market Geopolitics Tactical allocation Content CoE Program Global Program iStrat Multi-asset Wellington on Washington and the World Article

The US equity rotation: Where have all the good vibes gone?

After riding into 2025 on a wave of post-election euphoria, the US stock market has struggled to find its footing so far this year. Global Investment and Multi-Asset Strategist Nanette Abuhoff Jacobson looks at what’s changed in the markets and what it might mean for investors.

By

Nanette Abuhoff Jacobson

event March 2025

4 min

Article

2026-03-31

Deutschland, Berlin, Blick vom Marie-Elisabeth-Lüders Haus über die Spree auf den Reichstag und Paul-Löbe-Haus bei Sonnenuntergang

Germany Elections Wellington on Washington and the World Content CoE Program Global Program Article

A pivotal election result for Germany and Europe

Macro Strategists Eoin O’Callaghan and Nicolas Wylenzek share their initial observations on what the pivotal Federal election results in Germany could mean for investors.

By

Eoin O'Callaghan

Nicolas Wylenzek

event February 2025

5 min

Article

2026-02-28

USA Fixed income Fiscal policy Content CoE Program Global Program Wellington on Washington and the World Government bonds Article

US debt dynamics: Is there a path to sustainability?

How worried should investors be about US debt sustainability? Macro Strategist Michael Medeiros discusses the implications of soaring US federal budget deficits and the likely bond market response.

By

event February 2025

5 min

Article

2026-02-28

Fixed income Macro and market Asset allocation Content CoE Program Global Program Article

Convertible bonds: Attractive total return potential in a compressed fixed income landscape

Fixed Income Portfolio Manager Michael Barry details his optimism for convertible bonds in 2025, focusing on their attractive yields, equity upside potential, and exposure to growth-oriented sectors like technology and healthcare.

By

Michael Barry

event February 2025

5 min

Article

2026-02-28

Government bonds Artificial intelligence (AI) Disruption Content CoE Program Global Program Information technology Multi-asset USA China EM equity Large-cap Opportunistic Fixed Income Article Yielding insights

Deeply seeking the impact of AI spending on bond yields

Brij Khurana explores the surprising way in which AI spending may impact Treasury yields and complicate the Fed's rate-policy decisions.

By

event February 2025

6 min

Article

2026-02-28

Active management Bonds in Brief Fixed income Content CoE Program Global Program Article

Bonds in Brief: Making Sense of the Macro — January issue

What's driving global bond markets and what are the investment implications? Read the January issue of "Bonds in Brief" for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.

By

event February 2025

4 min

Article

2026-02-28

USA Fixed income What's current in credit Content CoE Program Global Program Elections Article

Sitting in the slack tide of US fiscal stimulus

Portfolio Manager Connor Fitzgerald profiles the risks of the Trump administration's policies around spending cut, tariffs, and immigration, and analyzes potential effects on US growth.

By

Connor Fitzgerald, CFA

event February 2025

5 min

Article

2026-02-28

USA Inflation Interest rates Content CoE Program Global Program Elections Macro Article Wellington on Washington and the World

The US immigration crackdown: Weighing the economic implications

As the details of new US immigration policies come into focus, Macro Strategist Juhi Dhawan considers the risks they may pose for the labor market and the broader economy.

By

event February 2025

7 min

Article

2026-02-28

Geopolitics Climate Wellington on Washington and the World Content CoE Program Global Program Elections Article

Geopolitics in 2025: Risks, opportunities, and deepening uncertainties

Geopolitical Strategist Thomas Mucha outlines his structural, policy, and geopolitical outlook for the year.

By

event February 2025

8 min

Article

2026-02-28

What's current in credit Government bonds Asset allocation Content CoE Program Global Program Total return Fixed income Article

Turning tides for US Treasuries

Uncover the case for US Treasuries in fixed income portfolios against the current market backdrop.

By

Connor Fitzgerald, CFA

Schuyler Reece, CFA

event February 2025

3 min

Article

2026-02-28

EM equity Geopolitics Thematic exposure Wealth Program Fundamental equity Emerging Market Development Small-cap Equity Emerging markets Content CoE Program Global Program iStrat Article

Emerging markets under Trump 2.0: expect the unexpected

Portfolio Manager Dáire Dunne and Investment Director Irmak Surenkok discuss what Trump 2.0 entails for emerging markets investors and what useful lessons they can learn from his first term.

By

Dáire Dunne, CFA

Irmak Surenkok

event January 2025

5 min

Article

2026-01-31

Fixed income Inflation Interest rates Content CoE Program Global Program USA Macro and market Article

Fed in holding pattern

Fixed Income Portfolio Manager Jeremy Forster unpacks the US Federal Reserve's decision to pause its interest-rate-cutting cycle.

By

event January 2025

3 min

Article

2026-02-28

A detailed view of the earth from space with night lights

Europe Equity Macro and market Content CoE Program Global Program Fundamental equity Article

Europe amid regime change: where next for European equities?

Is pessimism on Europe overdone? Macro Strategist Nicolas Wylenzek discusses why he believes Europe is in the middle of a regime change with significant opportunities for active equity investors.

By

Nicolas Wylenzek

event January 2025

6 min

Article

2026-02-28

Chart in Focus Fixed income Asset allocation Content CoE Program Global Program Infographic

Charts in Focus: Growth of capital securities markets

Fixed Income Portfolio Manager Noah Atlas makes the case for capital securities and details the advantages they could potentially provide for investors.

By

Noah Atlas, CFA

event January 2025

2 min

Infographic

2026-02-28

Elections Fiscal policy Geopolitics Content CoE Program Global Program Opportunistic Fixed Income Fixed income Americas China EMEA Macro Yielding insights Article

What an “America first” foreign policy may mean for markets

Fixed Income Portfolio Manager Brij Khurana explores the potential market impacts of President Trump's "America first" foreign policy. From regional hegemony to global economic dominance to tariffs applied for strategic geopolitical gain, discover how these shifts could affect investors.

By

event January 2025

6 min

Article

2026-01-31

Economic cycle Market commentary Content CoE Program Global Program Multi-asset Quarterly Market Review Article

Quarterly Market Review

A quarterly update on equity, fixed income, currency, and commodity markets.

By

Brett Hinds

Jameson Dunn

event January 2025

18 min

Article

2026-01-31

Macro and market Volatility Outlook Content CoE Program Global Program Multi-asset Article Infographic

Picture this: Economic forecast in 6 charts

We offer our 2025 economic and market forecasts across the capital markets in 6 charts.

event January 2025

10 min

Article

2025-07-15

Income Inflation Thematic exposure Content CoE Program Global Program iStrat Multi-asset Tactical allocation Outlook Article

Balancing bumps in the road and big-picture thinking in 2025

How can investors position portfolios for bumps in the road without losing sight of longer-term opportunities?

By

Natasha Brook-Walters

event January 2025

8 min

Article

2025-12-31

Active management Bonds in Brief Fixed income Content CoE Program Global Program Article

Bonds in Brief: Making Sense of the Macro — December issue

What's driving global bond markets and what are the investment implications? Read the December issue of "Bonds in Brief" for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.

By

event January 2025

4 min

Article

2026-02-28

Neoclassical columns in a row - camera canon 5D mark II - unsharped RAW - adobe colorspace

Fixed income Volatility Portfolio strategy Content CoE Program Global Program Credit Government bonds Article

Top 5 fixed income ideas for 2025

Fixed Income Strategist Amar Reganti and Investment Communications Manager Adam Norman outline which five areas of fixed income may be best positioned in 2025.

By

Amar Reganti

Adam Norman

event January 2025

5 min

Article

2026-02-28

Artificial intelligence (AI) Volatility Outlook Content CoE Program Global Program Multi-asset Fiscal policy Inflation Interest rates Article

Executive Summary 2025: Finding opportunity amid uncertainty

In this article, we summarize some of the key findings from our 2025 outlooks, from divergence-driven opportunities to the impacts of AI and beyond.

event January 2025

3 min

Article

2026-06-06

Hedge funds Macro and market Strategic allocation Content CoE Program Global Program iStrat Long-short Macro hedge funds Liquid alternatives & hedge funds Manager selection Outlook Article

Three performance drivers could help hedge funds rev up returns

Alex King and Adam Berger, members of our Investment Strategy & Solutions Group, explain why we're at a turning point for economic and market conditions that could benefit hedge funds and make them a potentially valuable addition to a multi-asset portfolio.

By

Alex King, CFA

Adam Berger, CFA

event January 2025

6 min

Article

2025-12-31

Fixed income Interest rates Monetary policy Content CoE Program Global Program USA Article

Fed delivers rate cut, but hawkish 2025 guidance sends yields up

Fixed Income Analyst Caroline Casavant examines the outcome of the December 18 Federal Open Market Committee meeting and the implications for rates, inflation, and real growth.

By

Caroline Casavant

event December 2024

3 min

Article

2025-06-30

Active management Liquid alternatives & hedge funds Multi-asset Content CoE Program Global Program Article Private investing

Accelerating the future of active management

CEO Jean Hynes explains how Wellington is building for the future of active management by investing in our capabilities and aligning our organization and talent with clients’ shifting needs.

By

Jean Hynes, CFA

event December 2024

9 min

Article

2025-12-31

Equity Factors Macro and market Content CoE Program Global Program iStrat Active management Portfolio construction Whitepaper Article

Concentrated markets: Implications for active management, manager research, and multi-manager capital allocation

Members of our Fundamental Factor Team share research insights on the portfolio impact of benchmark concentration and highlight tools that may help, including extension strategies, passive-share analysis, and index-completion approaches.

By

Gregg Thomas, CFA

Megan Kelly, CFA

event December 2024

18 min

Whitepaper

2025-12-31

Growth Small-cap Economic cycle Content CoE Program Global Program Thematic solutions Equity Active management Asset allocation Article

Time to get active? 5 equity investment ideas for 2025

As we head into 2025, growth seems poised to accelerate, especially in the US. Equity Strategist Andrew Heiskell and Macro Strategist Nicolas Wylenzek see five themes that may create opportunity across global equity markets.

By

Andrew Heiskell

Nicolas Wylenzek

event December 2024

10 min

Article

2025-12-31

Fiscal policy Interest rates Tactical allocation Content CoE Program Global Program iStrat Multi-asset Outlook Article

Trump 2.0: Time to curb your enthusiasm?

How does an allocator navigate markets when so much about the policy landscape is unknown? Our Investment Strategy & Solutions Group offers their views on the new political realities in the US and their global implications, including for equities, bonds, and commodities.

Multiple authors

event December 2024

12 min

Article

2025-12-31

Active management Bonds in Brief Fixed income Content CoE Program Global Program Article

Bonds in Brief: Making Sense of the Macro — November issue

What's driving global bond markets and what are the investment implications? Read the November issue of "Bonds in Brief" for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.

By

Nick Samouilhan, PhD, CFA, FRM

event December 2024

4 min

Article

2025-12-31

Active management Fixed income Outlook Content CoE Program Global Program Credit Government bonds Investment grade Economic cycle Interest rates Monetary policy Article

Going their separate ways: Capitalizing on bond divergence

Our fixed income experts discuss how to position portfolios for a world of uncertainty and divergence, exploring key themes and evolving bond opportunities for 2025.

Multiple authors

event December 2024

7 min

Article

2025-12-31

Active management Credit Outlook Content CoE Program Global Program Fixed income Article

Securitized credit: Opportunity amid tight corporate spreads?

Portfolio Managers Rob Burn and Cory Perry discuss why they believe securitized credit has an attractive role to play in today’s tight-spread environment and highlight potential areas of opportunity in 2025.

By

Rob Burn, CFA

Cory Perry, CFA

event December 2024

5 min

Article

2025-12-31

Multi-asset Outlook iStrat Brand Content CoE Program Global Program Article

Multi-Asset Investment Outlook

To help think through the asset allocation outlook and implications for this year, we offer views from iStrat, our investment strategy and solutions group.

Multiple authors

event December 2024

Article

2025-12-31

Active management Credit Macro and market Content CoE Program Global Program Fixed income Article

The credit cycle has been extended — but what’s next?

Credit experts Derek Hynes, Joe Ramos and Will Prentis discuss why they believe the current credit cycle still has legs and explore likely implications for credit portfolios in 2025.

Multiple authors

event December 2024

5 min

Article

2025-12-31

Artificial intelligence (AI) Outlook Venture capital Content CoE Program Global Program Private equity Private investing Elections Article

Venture capital outlook for 2025: 5 key trends

Our venture capital experts are encouraged by the healthier environment for venture capital in 2025. In this year's outlook, they explore key themes for the year ahead, including: higher deployment, AI, rebounding IPOs, and impacts of the 2024 election.

Multiple authors

event December 2024

7 min

Article

2025-12-31

Interest rates Outlook Private investing Content CoE Program Global Program Article

Private credit outlook for 2025: 5 key trends

Our private credit experts, Emily Bannister and Sonali Wilson, highlight five critical trends for 2025: the convergence of public and private markets, AI's impact on private credit, the evolving role of banks in lending markets, the impact of higher interest rates, and the importance of financial covenants.

By

Emily Bannister, CFA

Sonali Wilson

event December 2024

6 min

Article

2025-12-31

Income Equity Fixed income Content CoE Program Global Program iStrat Economic cycle Portfolio strategy Outlook Article Tactical allocation

Is your portfolio keeping pace with the changed outlook?

It's been an uncertain few years for investors, but looking ahead, we believe investors can expect a resilient economy, a solid outlook for growth and a positive environment for risk assets. What does a changed outlook mean for investors?

By

Jeremy Butterworth

event December 2024

8 min

Article

2025-12-31

Inflation Volatility Outlook Content CoE Program Global Program Equity Fixed income USA Article

Navigating uncertain policy shifts

Macro Strategist Juhi Dhawan explains why investors should prepare for heightened volatility in 2025, due to significant policy changes under President-elect Trump that will impact inflation, trade, and economic growth.

By

event November 2024

8 min

Article

2025-11-30

Macro and market Monetary policy Outlook Content CoE Program Global Program Article

The year of uncertainty: 5 macro themes to watch in 2025

Macro Strategists John Butler and Eoin O’Callaghan outline five macro themes for investors to watch in 2025 in a year they see defined by exceptional uncertainty and an extraordinary macroeconomic backdrop.

By

John Butler

Eoin O'Callaghan

event November 2024

6 min

Article

2025-11-30

Fiscal policy Inflation Outlook Content CoE Program Global Program Fixed income Americas Article

Listening to voters’ economic concerns should mean less fiscal spending

Fixed Income Portfolio Manager Brij Khurana explains the likely economic and market impacts of Trump administration policies, including potential winners and losers from drastic fiscal spending cuts.

By

event November 2024

6 min

Article

2025-11-30

Fixed income Elections Monetary policy Content CoE Program Global Program USA Article

Fed stays its course while acknowledging brewing winds of change

Our expert examines the underlying data which drove the Fed to stay its rate-cutting course.

By

event November 2024

4 min

Article

2025-11-30

Active management Bonds in Brief Fixed income Content CoE Program Global Program Article

Bonds in Brief: Making Sense of the Macro — October issue

What's driving global bond markets and what are the investment implications? Read the October issue of "Bonds in Brief" for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within fixed income.

By

event November 2024

4 min

Article

2025-11-30

USA Elections Geopolitics Content CoE Program Global Program Wellington on Washington and the World Article

It’s different this time: Trump faces challenging geopolitical dynamics

Our expert explores how Trump may approach the heightened geopolitical challenges his second administration faces.

By

event November 2024

3 min

Article

2025-11-30

USA Elections Wellington on Washington and the World Content CoE Program Global Program Multi-asset Article Sourced Group (iSci, iStrat)

Trump win likely to accelerate macro trends already in motion

The US election results could have significant implications for the global economy and markets. To help you understand these changes, US Macro Strategist Mike Medeiros provides a thorough analysis and discusses the potential market impacts.

By

event November 2024

5 min

Article

2025-11-30

USA Elections Tactical allocation Content CoE Program Global Program Wellington on Washington and the World Multi-asset iStrat iStrat Video

What do the US election results mean for investors?

The US election results could have significant implications for the global economy and capital markets. Our panel of experts provides a thorough analysis of what happened and explores potential market impacts.

Multiple authors

event November 2024

Video

2025-11-30

Elections Market commentary Multi-asset Content CoE Program Global Program Wellington on Washington and the World Americas Discretionary Article

Pre-election ideas for investors: Lean into what you know (not what you don’t)

Our expert offers investable ideas based on known macro and market conditions, rather than speculation.

Multiple authors

event October 2024

3 min

Article

2025-10-31

Equity Economic cycle Interest rates Content CoE Program Global Program Americas Inflation Monetary policy Yielding insights Article

What is “the economic cycle,” anyway?

See why the relationship between asset prices and the economic cycle is more complex than you might think, why a US recession is unlikely, and what a more dovish Fed could mean for the US and global markets.

By

event October 2024

5 min

Article

2025-10-31

Active management Bonds in Brief Fixed income Content CoE Program Global Program Article

Bonds in Brief: Making Sense of the Macro — September issue

What's driving global bond markets and what are the investment implications? Read September's issue of "Bonds in Brief" for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.

By

event October 2024

4 min

Article

2025-10-31

Macro and market Interest rates Monetary policy Content CoE Program Global Program Article

Can central bank independence survive?

Can central bank independence survive? Macro Strategist John Butler discusses the challenges faced by central banks in an increasingly fraught political environment and how investors should adjust.

By

John Butler

event October 2024

5 min

Article

2025-09-30

USA Income Credit Content CoE Program Global Program Fixed income Article

Securitized credit: Normalizing, decelerating, or falling off a cliff?

Our experts offer their views on the current conditions and outlook for the securitized credit market.

Multiple authors

event October 2024

4 min

Article

2025-10-31

Monetary policy Multi-asset Tactical allocation Content CoE Program Global Program Elections Quarterly Asset Allocation Outlook Article iStrat

Sahm rules are meant to be broken

Fed easing is finally here and fundamentals remain favorable. But what about that election? Members of our Investment Strategy & Solutions Group offer their outlook, including their latest views on equities, bonds, and commodities.

Multiple authors

event October 2024

12 min

Article

2025-10-31

Geopolitics Macro and market Energy Content CoE Program Global Program Article

What’s next after Iran’s missile attack on Israel?

Geopolitical Strategist Thomas Mucha shares his analysis of the latest escalation in the Middle East conflict, including his thoughts on a wider regional war and the market implications.

By

event October 2024

2 min

Article

2025-10-02

Fixed income Credit Monetary policy Content CoE Program Global Program USA Article

Rate relief: Fed cuts half point, but says “economy is strong”

Our expert explains the Fed's bold rate cut and some key takeaways for investors.

By

Caroline Casavant

event September 2024

3 min

Article

2025-09-30

Fixed income Monetary policy Yielding insights Content CoE Program Global Program Market commentary Americas Opportunistic Fixed Income Interest rates Article

The real issue on rate cuts? Keep your eyes on the dot (plot)

Keep your eyes on the Fed's 2025 dot plot. The real story is where policy rates are headed, not just the next rate cut.

By

event September 2024

3 min

Article

2025-09-30

Bonds in Brief Fixed income Interest rates Content CoE Program Global Program Inflation Macro Monetary policy Geopolitics Article

Bonds in Brief: Making Sense of the Macro — August issue

What's driving global bond markets and what are the investment implications? Read the August issue of "Bonds in brief" for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.

By

event September 2024

4 min

Article

2025-09-30

Macro and market Outlook Asset allocation Content CoE Program Global Program Liquid alternatives & hedge funds Fixed income Multi-asset Private investing Client objective Infographic

Picture this: Our forecast in 7 charts

What should investors expect for the remainder of 2024? View a visual summary of our Investment Outlook in seven compelling charts.

event September 2024

10 min

Infographic

2025-09-30

Japan Market disruptions Volatility Content CoE Program Global Program Large-cap Equity Hedge funds USA EMEA Germany Yielding insights Brand Fixed income Wealth Article

What the yen carry trade unwind could mean for markets and the Fed

Brij Khurana explains why market participants are likely underestimating how foreign ownership of US assets could constrain the pace and magnitude of the Fed’s cutting cycle.

By

event September 2024

7 min

Article

2025-09-30

capital-securities-world-finance-technology-blue-banner

Active management Fixed income Asset allocation Content CoE Program Global Program Article

Capital securities: Why these hybrid investments may offer a compelling risk/reward profile

Members of our Fixed Income team explain why capital securities, a hybrid asset class that shares characteristics of bonds and stocks, may offer attractive diversification, income, and return potential.

By

Noah Atlas, CFA

Brian Garvey

event September 2024

6 min

Article

2025-08-31

Economic cycle Elections Geopolitics Content CoE Program Global Program Wellington on Washington and the World USA Article

Harris vs Trump: The foreign policy and investment implications

Our expert examines expected Harris and Trump foreign policies and their potential impact on the investment landscape.

By

event August 2024

4 min

Article

2025-02-28

Bonds in Brief Fixed income Interest rates Content CoE Program Global Program Geopolitics Inflation Macro Monetary policy Article

Bonds in Brief: Making Sense of the Macro — July issue

What's driving global bond markets and what are the investment implications? Read July's issue of Bonds in Brief for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.

By

event August 2024

5 min

Article

2025-08-10

Economic cycle Interest rates Monetary policy Content CoE Program Global Program Yielding insights Article

Walking a mile in Fed Chair Powell’s shoes

A slow roll on rate cuts by the Fed could frustrate markets and lead to more volatility ahead of the September FOMC meeting. See our take on what to expect for the next few weeks.

By

event August 2024

4 min

Article

2025-08-31

Market disruptions Volatility Tactical allocation Institutional Program Content CoE Program Global Program Interest rates Multi-asset iStrat Article

Massive market sell-off: Justified or an overreaction?

What's behind the global market meltdown, and what should investors consider doing? Global Investment and Multi-Asset Strategist Nanette Abuhoff Jacobson shares her views.

By

Nanette Abuhoff Jacobson

event August 2024

3 min

Article

2025-08-31

Fixed income Economic cycle Monetary policy Content CoE Program Global Program Credit USA Inflation Interest rates Yielding insights Article

Still waiting…Fed wants more data before cutting policy rates

Our expert dives into Fed policy following the July FMOC meeting.

By

event August 2024

3 min

Article

2024-10-31

Elections Interest rates DB Public Program Content CoE Program Global Program Top of Mind USA Fixed income iStrat Article Tactical allocation

Does the US election even matter? Thoughts on politics, Fed policy, and portfolios

What's next for interest rates and what impact will the US election have? Head of Multi-Asset Strategy Adam Berger and Macro Strategist Mike Medeiros share their outlook and discuss the asset allocation implications.

By

Adam Berger, CFA

event July 2024

9 min

Article

2025-06-30

Active management Artificial intelligence (AI) Thematic exposure Content CoE Program Global Program Future Themes Equity Thematic solutions Thematic qualifer Article iStrat

Thematic investing focus: how exactly will AI transform the world?

We are on the brink of a technological revolution that has major implications for all sectors, companies, labour, and regulators. How can a thematic lens help investors separate hype from reality?

By

Dáire Dunne, CFA

Aaron Koh

event July 2024

8 min

Article

2025-06-30

Bonds in Brief Fixed income Interest rates Content CoE Program Global Program Geopolitics Inflation Macro Monetary policy Article

Bonds in Brief: Making Sense of the Macro — June issue

What's driving global bond markets and what are the investment implications? Read June's issue of Bonds in Brief for Wellington Investment Director Marco Giordano's monthly assessment of risks and opportunities within bond markets.

By

event July 2024

5 min

Article

2025-07-31

Fixed income Market disruptions Volatility Content CoE Program Global Program Macro and market Multi-asset USA Article Yielding insights

Ok, Boomer: How US generational wealth distribution could upend the economy and markets

Fixed Income Portfolio Manager Brij Khurana discusses the implications of US Baby Boomers' wealth concentration in the event of a market decline.

By