Beyond Bulls & Bears

Why European Investors Might Consider Fixed Maturity Investing
Fixed Income

Why European Investors Might Consider Fixed Maturity Investing

Against a background of sustained low interest rates, the search for yield is leading some investors to cast their nets a little wider. David Zahn, Head of European Fixed Income at Franklin Templeton, looks at one idea that seems to be sparking interest: fixed maturity investing.

Fixed Income ETFs: Democratising Price Discovery for Investors
LibertyShares

Fixed Income ETFs: Democratising Price Discovery for Investors

“The evolution of ETFs, particularly in the fixed income arena, can offer even retail investors access to a market with the same price discovery/transparency as their institutional counterparts.” – Jason Xavier, head of EMEA ETF Capital Markets

In the Know: Trump’s Fed Chair Pick Seen as Market Positive
Fixed Income

In the Know: Trump’s Fed Chair Pick Seen as Market Positive

“The markets should take some comfort in Powell, as he is a current Fed governor and more or less represents the current state of affairs, business as usual. He has worked alongside Yellen since 2012, and they are philosophically alike (dovish bent).” Christopher Molumphy, Franklin Templeton Fixed Income Group

The Fed’s Balancing (Sheet) Act
Fixed Income

The Fed’s Balancing (Sheet) Act

The Federal Reserve’s September policy meeting played out largely as expected, as US monetary policymakers left the central bank’s benchmark short-term interest rate unchanged. The Fed did clarify when it would begin to unwind its hefty balance sheet, and updated its economic forecasts and interest-rate projections. Chris Molumphy, Franklin Templeton Fixed Income Group CIO, says the communication from the latest Fed meeting should not rattle the markets much, and that the next interest-rate hike now seems most likely to come in December.

Putting Europe’s Growing Bond Market into Perspective

Putting Europe’s Growing Bond Market into Perspective

We share the widespread expectation the volatility that we’ve seen in recent months will continue for some time to come and that is why we expect the ECB to provide more easing, probably by extending its QE programme yet further.