articles & commentary from BNY Mellon Investment Management

BNY Mellon Investment Management

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Is emerging markets’ fate sealed?

The Kuznets Curve, names after economist Simon Kuznets, illustrates how, as countries develop and the income of their population grows, their consumption patterns and needs evolve. As they industrialise, countries progress up the curve. Initially, inequality rises before declining as income per capita increases and a middle class emerges along with a consumer/services-led economy. Ultimately, consumer goods, lifestyle products and environmental products become more important. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: How does political risk affect emerging markets?

Colm McDonagh from BNY Mellon boutique, Insight Investment, discusses the impact of political risk on emerging markets. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Can China maintain its role as an engine of global growth?

Since its accession to the WTO in December 2001 China has accounted for an increasing share of the global economy. Helped by fast export and investment growth it remains an engine of trade and is expected to generate some 35% of global growth over the next two years, according to the World Bank’s latest forecast. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Get the complete emerging markets picture

There has been a renewed optimism in Emerging Markets in 2017, find out why… more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Can emerging markets ever deliver stable and sustainable growth?

Emerging market leaders from across BNY Mellon discuss the rising appeal and development of emerging markets. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Is China a global source of risk or a global stabiliser?

Like a jumbo jet with fighter plane performance, the Chinese economy can have a massive impact for good or ill far beyond the country’s borders… more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Have you missed the emerging markets surge (again)?

Emerging market leaders from BNY Mellon boutiques Insight and Newton address the strong performance in EM equities and bonds so far this year and ask whether it can continue. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Strength in efficiency

India is providing some valuable lessons for developed markets in its ability to tackle problems in its healthcare system… more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Why I’m upping exposure to LatAm

A brighter political outlook in Brazil and interest in Peru’s commodity exposure caused the BNY Mellon Emerging Markets Corporate Debt Fund to increase its overweight to Latin America in July, says portfolio manager Colm McDonagh. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Driving to dividends

Increased infrastructure spending has led to the introduction of a new asset class in India, one that offers a double digit yield. Newton’s 1 Naomi Waistell outlines the story behind the country’s new investment trust. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Investing in emerging markets when interest rates rise

Emerging markets have seen a pickup in flows so far this year, yet a common concern remains – can they avoid taper tantrum 2.0? more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: China in three charts

What’s next for China and should it still form part of your portfolio? These charts tell all... By Douglas Reed, economist Emerging and Asian Equities team at Newton1 more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: M&A: boon or burden?

One important challenge for corporate bond investors in 2017 will likely be a continuing rise in idiosyncratic credit risks in investment grade markets. A significant contributor is a wave of M&A activity, which often benefits a company’s shareholders at the expense of its bondholders. In a low growth environment, management teams struggle to deliver shareholder growth organically and so M&A or shareholder buybacks become a natural solution. However, this usually leads to an uptick in leverage ratios, which is a risk for credit investors. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Is the outlook for US financials brighter?

The vote for Brexit markedly lowered global growth and interest-rate expectations. As a result, company managements for US financials focused on cost-cutting and strengthening their balance sheets. We believe US financials are the cheapest sector and growing the fastest. During the third-quarter earnings season, some 76% of S&P 500 companies beat earnings estimates by around 5.6%, Financials beat estimates by 8%. Additionally, the third quarter was the first in over a year to show year-over-year EPS growth for the S&P 500, largely due the impressive 13% growth in financials. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Supersized EM sovereign debt

The market for issuance of EM debt in 2017 will be cautious in our view. If you drew up a winners and losers list from likely Trump foreign policy, Saudi Arabia would likely be on the losers list. For the moment, the Saudis are able to spend money they already have to plug any gaps and won’t want to issue into weak demand. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Why not all inflation measures are created the same

Central banks have long adopted inflation targeting on the premise that low and stable inflation will promote long-term economic growth. more...

Autumn statement comment for Financial Advisers and Paraplanners - BNY Mellon: Why not all inflation measures are created the same

Central banks have long adopted inflation targeting on the premise that low and stable inflation will promote long-term economic growth. But in our view there are inherent problems associated with inflation targets, particularly when it comes to deciding which inflation measure to use. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Factoring in US growth expectations

In the US, economic growth rebounded in the third quarter however the sources of this growth appear transitory. GDP grew at 2.9% annualized in the third quarter of 2016, following sub-2% growth the three previous quarters. Weakness in inventory accumulation and export growth had been a major drag on growth before the third quarter. A jump in both series this quarter may reflect a rebalancing effect rather than a sustainable change in GDP trend growth. Nevertheless, we revised up our US GDP forecast over the next year to 1.9% from 1.7% which is below many commercial forecasters. We currently assign a probability of about 61% of below 2% growth, a 39% probability of 2-4% growth and essentially zero weight on above 4% growth. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The will they/won’t they moment for US populism

The populism that appears to have underpinned the UK’s Brexit result is a global phenomenon and one that Donald Trump has successfully exploited, by presenting himself as the anti-politician. But when analysing the US election in terms of its investment implications, the only certainty about the outcome is uncertainty. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Are you aware of this correlations shocker?

Since 2008 there has been a succession of ‘risk-on, risk-off’ (RoRo) periods: when risk is ‘on’, bond investors have seen fit to buy emerging markets and high-yield corporates; when risk is ‘off’, they have run for the proverbial hills with their pockets full of government bonds. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Global EM: The emerging markets most vulnerable to a Trump victory

There is downside risk to all markets in the event of a Donald Trump victory, including emerging markets. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Dispelling EMD preconceptions

We believe EM corporate debt is supported by falling yields in the developed world as they turn negative out to ever increasing maturities. Investors, concerned by global risks, are accepting losses on their capital but are, in our view, overlooking the risks embedded in developed markets at current levels, underscoring the pervasiveness of the current negative yield environment. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton Global Income - The best of all worlds

The Newton Global Income Fund seeks to generate an increasing income for investors combined with capital growth over the long-term, through a diversified portfolio. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Is US shale oil back in black?

US shale oil is attracting billions of investment dollars despite recently emerging from the largest boom-bust in the commodity’s history. For traditional oil projects, the economics remain challenging, and risks loom large. However, US shale producers can quickly add resources with a fraction of the risk, but one US unconventional basin stands above the rest. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: REIT all about it: Where old age can reap rewards

With 10-year US government bonds yielding less than 2%, most similar-duration European sovereign debt yielding less than 1% and Japanese government bond yields in negative territory, investors are increasingly dipping into equity markets to quench their thirst for yield. While many turn to traditional dividend-paying, slow-growth industries, healthcare Real Estate Investment Trusts (REITs) may offer a rare combination of higher yield with a strong growth tailwind. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Where next for absolute returns?

The importance of preserving capital has been underscored in the ‘new normal’ environment of a volatile yet low return world, says Real Return founder Iain Stewart. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Contending with political uncertainty

It is surprising how well markets fared after the shock UK referendum result. Clearly, the exit of the UK from the EU is going to be a protracted process and the economic consequences will only become apparent with time. For now, it is viewed as a UK-specific economic issue, with some European ramifications, rather than a global concern. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: How millennials are changing food industry choices

Changing US consumption patterns are forcing big change in the food industry. Millennials don’t tend to eat three square meals a day like their parents. Millennials graze, often eating just one meal a day, supplemented with three to four nutritious snacks. This new way of eating favours small local food companies whose brands emphasise quality ingredients and sell through non-traditional channels with higher ‘snack occasion’ penetration. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Can fund managers avoid the wrath of regulators in their portfolios?

Following the financial crisis of 2008, we have seen extreme monetary policy intervention in markets as authorities have sought to counter global deflationary pressures and weak growth. While we expect this to continue (and potentially to become even more extreme and intrusive as the years go on), a new wave of state intervention in the corporate sector is also on the rise. more...

Investment News for Financial Advisers and Paraplanners - Emerging Markets: new directions

Selectivity is a key theme dictating emerging market investing today. While the underlying investment story of rising middle classes and supportive demographics remains intact, emerging markets are entering the next chapter of their development - albeit not all at the same time or speed. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: A Golden Opportunity

Year to date, the price of gold has climbed over 16% in US dollar terms – and our view on the use of it within an investment portfolio has not significantly changed. Much of the polemic surrounding gold involves a comparison with other assets such as equities. The inference is that if you are pro-gold, you are anti-stocks, anti-innovation and anti-prosperity. more...

Investment news for financial advisers & paraplanners - BNY Mellon: Bright spot or potential pitfall: how do US equities measure up?

US stockmarkets have formed something of a bright spot against the turmoil of other markets in recent months. more...

Investment news for financial advisers & paraplanners - BNY Mellon: Why 'brexit' could be just the beginning of Sterling's problems

Insight’s Paul Lambert says the UK’s current account deficit and declining status as a perceived safe haven could put further pressure on the pound in the coming years. more...

Investment webcast for Financial Advisers and Paraplanners - BNY Mellon: EM dividends: Olympian returns?

The Czech Republic takes an unlikely first place as the emerging market with the highest average dividend pay-out ratio for equities, with podium finishes for Brazil and Qatar. more...

Global Investor Investment Excellence Award Winners

BNY Mellon are pleased to announce that two of its specialist boutiques were honoured as winners at the 30th anniversary of the Global Investor Investment Excellence Awards. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Have emerging markets hit peak value?

Over the past five years, emerging markets have gone from being universally loved to the target of broad scepticism. Over that period, the commodity super-cycle has collapsed, domestic growth has deteriorated and currency pressures have grown. As a result, EM equities have underperformed versus their developed-market counterparts. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: What content did you miss in June?

What three themes does Raj Shant reveal as being the focus for the Newton Global Opportunities Fund? Why is multi-asset growing in popularity and what are its future prospects? Which technology trends are likely to provide the biggest disruptive influence in the future? more...

investment News for Financial Advisers and Paraplanners - BNY Mellon: Why go global?

So far in 2016 the investment environment has been volatile: markets started the year with a dramatic sell-off only to rebound significantly from mid-February, with some of the sectors and regions that were most aggressively ditched rallying the most. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Multi-Asset: Across the spectrum

Rapid growth in the multi-asset fund sector over the past decade has given investors access to an ever widening range of individual assets, each capable of delivering specific return and risk qualities. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why go global?

So far in 2016 the investment environment has been volatile: markets started the year with a dramatic sell-off only to rebound significantly from mid-February, with some of the sectors and regions that were most aggressively ditched rallying the most. more...

Budget update for Financial Advisers and Paraplanners - BNY Mellon: Turmoil warning as UK votes for EU exit

The UK is to leave the European Union (EU). So what does this mean for markets and asset classes? Here managers from a number of BNY Mellon Investment Management boutiques outline what we may expect. more...

Brexit update for Financial Advisers and Paraplanners - BNY Mellon: Cameron's own goal? UK votes to exit EU

The Leave campaign has claimed victory in the UK referendum, winning approximately 52% of the vote on an estimated voter turnout level of around 72%. more...

Brexit opinion for Financial Advisers and Paraplanners - BNY Mellon: A countdown to the referendum

On 23 June, voters in the United Kingdom will consider a referendum on whether or not the nation stays a member of the European Union. Opinion polls currently report that decided voters are about evenly split between remaining and leaving, and the undecided share is still in the low double-digits. Our baseline is predicated on the assumption that the “remain” campaign wins, but we assign only a six-in-ten probability to that outcome. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Dividend prospects: A global diagnosis

Demographic factors are likely to have an increasing and significant impact on global demand for equity income assets including dividend-paying stocks. Experts from the United Nations population division forecast the number of retirees worldwide will reach two billion by 2050 while average life expectancies will continue to rise. This growing group of investors seeks stable income. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Brazil: A turning point?

The winds of political change are blowing across South America. The process began in Argentina with the election of Mauricio Macri in 2015 as successor to left-leaning president Cristina Fernández de Kirchner. In Venezuela, socialist president Nicolás Maduro is under increasing pressure following a catastrophic slowdown in the country’s oil-dependent economy. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon Market Mavens: What's the future of FinTech?

Financial technology guru Chris Skinner shares his predictions on which three FinTech trends have the biggest potential to change the world. more...

Investment Webcast for Financial Advisers and Paraplanners - BNY Mellon: Webcast: Absolute Insight Q1 update

Sonja Uys, manager of the Absolute Insight strategy, gives an update on the performance and trade activity over the last quarter. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why the march of passive is good for active bond managers

The increasing popularity of passive funds has sown fear in some areas of active management but Insight Investment’s Alex Veroude believes it will ultimately lead to a greater appreciation of alpha generators. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: 10 years of Global Dynamic investing

Newton's fixed income team has been using an approach to bond investing that has suited the low-return, volatile world to produce good risk-adjusted returns without causing investors excessive anxiety. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Population dynamics in action: Japan’s inconvenient truth

Abenomics was launched in late 2012 by Japanese Prime Minister Shinzo Abe and trumpeted a 2% per annum increase in consumer prices within 2 years. But the rate of increase in the Consumer Price Index (CPI) has been near 0% per annum over the past 12 months. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: EMD: the comeback kid of fixed income?

Newton’s fixed income team discusses the resurgence in performance from emerging market bonds, after a volatile start to the year, and considers why there may be reason for caution over the next few months. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: What economists don’t tell you about ‘leading indicators’

In challenging market conditions many investors fall foul of being swept along by the crowd, or attach a lot of importance to a single source of data. So how do you avoid ‘group think’ and stick to strategy-specific convictions? Steve Waddington, manager of the Insight Global Absolute Return Fund, explains how he aims to satisfy client objectives while identifying opportunities amid the market noise. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Argentinian sovereign debt: oversubscribed and overrated?

We feel the market’s response to the Argentinian sovereign debt offer has perhaps been somewhat overenthusiastic. While we applaud the achievements made thus far, Argentina remains a B- rated country and therefore heavily sub-investment grade. At the same time, there remains a lot to be done and [the country] must continue with a package of severe fiscal consolidation. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Can Q2 earnings reinstate the customary “surprise”?

Revisions to quarterly S&P 500 earnings forecasts have followed a familiar pattern every quarter for a number of years, until the two most recent quarters. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Iain Stewart: Why central banks are set to follow China's lead

The Real Return manager says developed market policymakers may find themselves opting for China-style state planning as the public sector increasingly takes up the persistent ‘slack’ of the economy. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Minding the yield gap

With the current low interest rate, low bond yield environment placing renewed focus on the spread between the dividend yield on equities and the yield available on government bonds, investors seeking income face both market challenges and significant opportunities, says Newton global strategist Peter Hensman. more...

Investment News for Financial Advisers and Paraplanners - Infrastructure investment set to rise

Spending on infrastructure and capital projects is expected to be worth over US$9 trillion per year by 2025, according to PWC, more than double the US$4 trillion spend estimated for 2012. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Winds of change: a big leap forward for renewables

Between 2004 and 2014, renewable energy’s share in Europe doubled from about 8% to 16%, and it is still growing. We are nearing a tipping point, and in certain niches, we believe wind power has significant potential to disrupt the traditional energy market. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: The yield pursuit

In a world of low or negative yields from government bonds, we believe investors could consider adding global corporate bond exposure. While investors need income, they’re certainly not getting it from government debt where yields are generally low or negative at the moment. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Is now the right time to seek value in EM debt?

While emerging market debt remains deeply unfashionable, we believe it may have now reached an inflexion point. A lot of people have lost money in emerging market currencies but the flipside of that is that the sell-off has created value. Yields are back to where they were in 2005 or 2009. For the first time in a long time we see the potential for being paid to take on risk. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why you can't afford to invest on auto-pilot

Rob Hay of the Newton Global Opportunities fund attributes his strong performance this year to having reallocated capital from stocks that have done well to those he believed were in line for a rebound. more...

Smoothing returns in a volatile environment: Insight Global Absolute Return Fund

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Investment News for Financial Advisers and Paraplanners - BNY Mellon: Innovative style with three core principles

Investment markets tend to rise and fall over time, making it harder for your clients to plan for their future. The Insight Global Absolute Return team believe it is possible to smooth these fluctuations while growing their money at the same time, keeping them on a steadier track towards their longer-term investment goals. View the video below to learn more about Insight's innovative style with three core principles. more...

Investment Webcast for Financial Advisers and Paraplanners - BNY Mellon: Register for our upcoming Newton Global Income Fund webcast

BNY Mellon would like to invite you to register for our upcoming webcast, on the No.1 ranked, Newton Global Income Fund. The webcast will give you the opportunity to hear from Nick Clay, manager of the Newton Global Income Fund: more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Smoother investment journey

Steve Waddington, Insight Global Absolute Return Fund manager explains how Insight multi-asset portfolios aim to smooth returns over time. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Meet the manager: Steve Waddington

Steve is a portfolio manager within Insight Investment’s multi-asset strategy group with responsibility for fund management and investment research. Before joining Insight in January 2008, Steve spent five years at BT Financial Group in Australia and a six-year stint at Savills, the real estate company where he started his career. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why is risk management a crucial aspect of investment strategy?

Insight Global Absolute Return Fund manager, Steve Waddington, explains why managing investment risk across multi-asset portfolios requires thinking in multiple dimensions. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Market Eye: Is the S&P 500 in for a prolonged plateau?

Historically, we have seen a few indicators from the Federal Reserve (Fed) for forecasting stock market returns. One of these was positive stock returns in the day or two surrounding the release of Federal Open Market Committee meeting minutes. A less-watched indicator is particularly interesting – one from the St. Louis Fed, which it publishes on its ‘Fred’ website. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: MarketEye: The rise and rise of Blockchain investment

Motivated by the disruptive potential of Blockchain, firms that specialise in financial technology have witnessed – and should continue to see — an influx of investment from venture capitalists and investment banks for the digital ledger’s commercial advancement. As the technology continues to make inroads in the strategic planning of financial institutions and world governments, we believe it could quite easily blossom into a multibillion-dollar market – and that’s only accounting for financial services. Even more applications for Blockchain are possible in such wide-ranging industries as health care, title management and property management, all of which are formidable markets ripe for digital evolution. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Market Mavens: The sterling slump: what’s next?

After Boris announced he was backing Brexit, sterling suffered its biggest slump in six years. Our Market Mavens discuss. more...

Budget news for Financial Advisers and Paraplanners - BNY Mellon: Market Mavens: How does the 2016 Budget affect investors?

There were some notable changes in this year’s spring Budget, from the introduction of a Lifetime ISA to corporation tax cuts. Our investment experts share their reactions. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The rising state pension age for women – what’s the impact?

In this video, the Market Mavens discuss the recent state pension changes for women and look at the implications for UK investors. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Policymakers’ March missives may burn bondholders

With market expectations for future US interest rate hikes increasingly diverging from the median forecasts of Federal Reserve (Fed) members, something is going to have to give. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Who are the winners and losers of the new service economy?

We have seen secular changes in pricing power taking place. For example, the price of coffee beans has fallen sharply over the past five years but consumers have not felt the effects as service companies (the coffee shops) have actually built stronger positions. How cheap would a cup of coffee have to be to persuade consumers to change their daily routine and visit a different coffee shop from the one they regularly pass? Probably quite a lot, which serves to highlight how pricing power has shifted from the producers (the coffee plantations for example) to the service providers (the coffee shops). more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton Real Return: Why we are not fair weather gold bugs

Gold’s been in vogue so far in 2016, but Suzanne Hutchins, from Newton’s Real Return team, thinks it can pay to hold the metal during times of lower popularity too. more...

Bonds update for Financial Advisers and Paraplanners - BNY Mellon: US high yield: reading between the lines

The US high yield sector could present some attractive opportunities in 2016 despite a recent price dip and the looming risk of sectoral defaults, says Alcentra’s managing director Chris Barris. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Fixed Income: which way next?

Despite ongoing volatility, global monetary policy divergence and market uncertainty, many investment managers continue to see strong potential and strategic value in fixed income in 2016. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: There and back again: the dollar’s fall and rise

The DXY (US dollar, trade-weighted) Index started life in 1973 in the wake of the disintegration of the post-World War II Bretton Woods system of managed exchange rates. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: What we're doing in the face of emerging market 'groundhog day'

Naomi Waistell, portfolio manager on the Newton Global Emerging Markets strategy, says there are ways to take advantage of the recent volatility in EM, if investors refrain from treating the sector as a single entity. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Fixed Income: which way next?

Despite ongoing volatility, global monetary policy divergence and market uncertainty, many investment managers continue to see strong potential and strategic value in fixed income over the year ahead. Click below to download the BNY Mellon Fixed Income Special Report more...

Investment news for financial advisers and paraplanners - BNY Mellon: Biosimilars: A threat to pharma cash cows?

Biosimilars are generic copies of biotech drugs that, once passed through a rigorous regulatory process, provide the same efficacy as their original counterparts while offering considerable cost savings. Whereas generic drugs, which are copies of small molecule medications, have existed for decades, biosimilars are far more recent. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Debunking four common myths of equity income investing

With income levels on traditional assets such as cash and government bonds having fallen in recent years, investors have found it harder to achieve sustainable growth. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: What we're doing in the face of emerging market 'groundhog day'

Naomi Waistell, portfolio manager on the Newton Global Emerging Markets strategy, says there are ways to take advantage of the recent volatility in EM, if investors refrain from treating the sector as a single entity. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Meet the manager: Robert Shelton

Robert Shelton, manager of Newton’s Osprey fund, explains why he believes a high cash allocation makes sense against a background of low growth and the possibility of deflation. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Meet the manager: Robert Shelton

Robert Shelton, manager of Newton’s Osprey fund, explains why he believes a high cash allocation makes sense against a background of low growth and the possibility of deflation. more...

Panacea virtual event for Financial Advisers and Paraplanners - Visit BNY Mellon

With the recent changes to the UK pension landscape, we are seeing significant and growing client demand for multi-asset investment solutions that can provide a sustainable income whilst also providing the potential for capital growth over the long term, to provide for future generations. The BNY Mellon Investment Management stand will showcase the Newton Multi-Asset Income Fund. more...

Investment News for financial advisers and paraplanners - BNY Mellon: Are rising energy spreads a portent of default doom?

On 22 January, ratings agency Moody added 175 energy and companies to its downgrade watch-list, citing the slowdown in China and a collapse in commodity prices. Fears over credit risk in the energy sector is reflected in the sharp spike in option adjusted spreads in US high yield energy bonds since the third quarter of 2015. more...

Investment news for financial advisers and paraplanners - BNY Mellon: How China’s year of the red fire monkey could impact markets in 2016

China’s influence on the global economy and financial markets has continued to be widespread in recent months. Its currency devaluation and stock market tumble last summer were cited as key reasons for the postponement of a US interest-rate increase in September; global energy and commodity producers have been enfeebled by its slowdown; and the country’s progress towards freer capital markets was exemplified by the inclusion of the renminbi in the International Monetary Fund’s basket of reserve currencies. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Market Eye - How ‘things’ will transform the tech sector

The Internet of Things (IoT) is becoming an increasingly prevalent trend in our everyday lives as it cuts across a wide range of products, industries and services. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Paul Brain: What to expect from bonds this year

The manager of the Newton Global Dynamic Bond strategy expects a positive year for fixed income, despite the mixed economic outlook. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why home bias hampered UK investors in 2015

Domestic bias is often deemed to hamper investment returns and in 2015 if UK investors had stuck close to home in their native currency they would certainly have missed out on attractive returns elsewhere. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: When the smoke clears: tobacco as a long-term dividend play

Over the 15 years to 2015 the MSCI World Tobacco index offered a better return than the MSCI World index in every year bar three. Cumulative performance has likewise been striking. Between December 2000 and December 2015, the cumulative net US dollar return on the MSCI World Tobacco index came in at over 860% versus just 181% for its counterpart. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton's Shelton: Why I'm upping cash

Robert Shelton, manager of Newton’s Osprey fund, explains why he believes a high cash allocation makes sense against a background of low growth and the possibility of deflation. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon - Meet the manager - Terry Coles

With a competitive spirit forged on the tennis court and honed in the journey from the dealing room to fund management, the newest addition to Newton’s global income team has a pragmatic investment style and a slight bias to the US market. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: What wage nirvana could mean for US holdings

More than a quarter of American states and several US cities started 2016 by raising the minimum amount employers in their jurisdictions pay their workers, yet US federal minimum wage has remained at $7.25 since 2009. Does this mean US wage inflation is finally present? US portfolio manager Dave Daglio considers its importance to the state of the US economy. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Market moves

After a period of mixed market fortunes in 2015, the year ahead presents an uncertain landscape. Here, Newton Investment Management global strategist, Peter Hensman, presents his views on the current market and potential financial and economic outlook. more...

Investment news for Financial Advisers and Paraplanners - 2015: which asset class performed best?

Last year proved to be a roller coaster of surprises for many investors, even though the US Federal Reserve did (eventually) manage policy ‘lift-off’ as was widely anticipated 12 months ago. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Newton's Shelton: Why I'm upping cash

Robert Shelton, manager of Newton’s Osprey fund, explains why he believes a high cash allocation makes sense against a background of low growth and the possibility of deflation. more...

Investment News for Financial Advisers and Paraplanners - Which industry is unlikely to see a pay rise in 2016?

Technological innovation (horizontal drilling and hydraulic fracturing), the Organisation of Petroleum Exporting Countries (OPEC) inaction and cost deflation have effectively ended the 12 year up-cycle in oil, resulting in the biggest oil price collapse since the 1980’s. Indeed, nobody saw the US shale oil revolution coming. Between 2009 and 2015 US oil production doubled, approaching all-time highs not seen since the early 1970s and contributing to a supply-demand imbalance in global oil markets. In response OPEC, steered by Saudi Arabia, refused to cut production and actually increased it throughout 2015, effectively removing any floor in the price of oil. more...

Investment News for Financial Advisers and Paraplanners - Which industry is unlikely to see a pay rise in 2016?

Technological innovation (horizontal drilling and hydraulic fracturing), the Organisation of Petroleum Exporting Countries (OPEC) inaction and cost deflation have effectively ended the 12 year up-cycle in oil, resulting in the biggest oil price collapse since the 1980’s. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Market Eye: 2016 looks set to be another challenging and volatile year

For the world’s markets, 2016 looks set to be another challenging and volatile year. In politics, the US election promises to be a headline event but other countries’ voters will also be heading to the polls. In Europe, for example, a potential EU referendum in the UK and the rise of extremist parties could have profound implications for the future of the world’s largest economic block. more...

Investments news for Financial advisers and paraplanners - BNY Mellon: 2016 looks set to be another challenging and volatile year

For the world’s markets, 2016 looks set to be another challenging and volatile year. In politics, the US election promises to be a headline event but other countries’ voters will also be heading to the polls. In Europe, for example, a potential EU referendum in the UK and the rise of extremist parties could have profound implications for the future of the world’s largest economic block. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Market Eye - 10 years on: What next for Newton Global income?

As the fund celebrates its 10-year anniversary, portfolio manager Nick Clay reveals the thinking behind its current positioning. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: MarketEye - Crossing the threshold

The Asian growth story is an enduring multi-decade shift that belies the recent short-term noise around Chinese stockmarket volatility and falling demand for commodities. Even taking into account a slowdown in growth, the populations of Asian countries are still increasing their levels of wealth faster than their Western peers. In China, meanwhile, the transition to a consumption-based economy continues apace – with news that for the first time ever the size of its middle class population exceeds that of the US. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: 10 years on: What next for Newton Global income?

As the fund celebrates its 10-year anniversary, portfolio manager Nick Clay reveals the thinking behind its current positioning. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton’s Clay and Harries: How we’ve managed 10 years of change

Over the past decade much has changed in the investment landscape, not least in the period since the global financial crisis: From a world of boom in the early part of the 21st century, to a bust of such magnitude it is yet to be fully understood and then a recovery so protracted it has struggled to gain much traction. Newton’s James Harries and Nick Clay explain how they have navigated such a variable backdrop at the helm of their Global Income strategy. more...

Partner Competition for Financial Advisers and Paraplanners - BNY Mellon: Win one of five mini remote control helicopters

MarketEye, BNY Mellon’s blog, is designed to inspire your investment thinking by providing bite-sized views of key market trends, expert research and Fund Manager insights which are innovatively illustrated and easy to share. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon - Market Eye: How will commodity prices sway developed market growth in 2016?

More than a year on from the collapse in commodity prices we can see how quickly the global growth prospects of energy exporting countries – in this Australia and Canada – have been affected. We’re not witnessing any restriction in oil and gas supply or any sustained pick-up in demand or pricing – and, given the US’s newfound status as a global non-OPEC producer, nor do we expect to see any concerted action on tackling chronic levels of oversupply. Typically with commodities you see significant overinvestment followed by swift declines in pricing due to overcapacity. It’s a cycle that can last several years to play out and we’re really only at the start. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon Market Eye: Registering a booming middle class

The Asian growth story is an enduring multi-decade shift that belies the recent short-term noise around Chinese stockmarket volatility and falling demand for commodities. Even taking into account a slowdown in growth, the populations of Asian countries are still increasing their levels of wealth faster than their Western peers. In China, meanwhile, the transition to a consumption-based economy continues apace – with news that for the first time ever the size of its middle class population exceeds that of the US. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Is now the time to dip back into investment grade credit?

Investment grade credit is looking more attractive following a marked widening in spreads, according to fixed income managers at Insight Investment and Standish. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: How Iain Stewart and Paul Brain are preparing funds for a market evacuation

With liquidity anxieties on the rise, the Newton fund managers explain how they are preparing for the worst. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: How Newton’s GEM fund tackles currency volatility

Over the past year volatility in currency markets has picked up markedly, not least in emerging markets, but assessed in the right way it needn’t hinder investment in the region, says Newton’s Naomi Waistell. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Newton Real Return: The biggest headwind to global growth

Newton’s Aron Pataki says the realisation that QE-type policies fuel growth in ‘virtual’ wealth rather than a sustainable economic recovery could trigger a reappraisal and de-rating of risk assets. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Do 'baby boomers' really have their finances sorted?

Demographic data shows that across the globe populations are ageing. The post-World War II ‘Baby boomer’ generation – is now entering or approaching retirement. In the UK, there are more than 22.7 million people aged 50 years and over, representing more than a third of the total UK population. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Income conundrum: Are alternatives the answer?

In a world where interest rates are distorted by central bank policy decisions, achieving any form of return is challenging. As a result, alternative asset classes are looking increasingly more attractive, in our opinion. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Newton's Waistell: Why we’re pulling out of this emerging market

The Newton Global Emerging Markets strategy manager says Brazil is entering a recession that could last for up to three years, which doesn’t bode well for an already overvalued stock market. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: What's really going on with the Japanese economy?

One of Prime Minister Shinzo Abe’s initial economic arrows was aimed at pulling Japan out of deflation to move closer to the Bank of Japan’s 2% target. While that is yet to be achieved there are some encouraging on-the-ground indicators: Wages are going up as evidenced by the data on part-time workers. This is the first sector of the labour force to see wage increases because corporations are more reluctant to increase the compensation of full-time and permanent staff in the early stages of a recovery. Nevertheless, this demonstrates how much employers are willing to pay to attract the ‘marginal worker’, so the fact these pay packets have been expanding is a positive sign. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The 30-year view

For those with a penchant for jarring juxtapositions, a then-and-now comparison of current versus mid 1980s macro-economic data makes for interesting reading. A time traveller from three decades ago might have expected to find flying cars, self-lacing running shoes and other mainstays of science fiction. What they would not have expected was a global economy dominated and distorted by QE, ZIRPs and NIRPs. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Are central banks exposing themselves to a Volkswagen-style crisis?

Just as Volkswagen is struggling with the fall out from its emissions scandal, central banks may find their current policies create a bigger problem further down the line. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The proof of the pudding

The BNY Mellon Global Dynamic Bond Fund is celebrating 5 years of cumulative outperformance 1. In today's environment it makes sense to adopt a dynamic approach rather than investing in an index where the underlying value might not always be entirely clear. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Can dollar dominance continue?

Dollar strength and emerging market currency weakness have been the twin themes of 2015. Will that continue for the remainder of the year? more...

Investment News for Financial Advisers and Paraplanners - Newton’s Iain Stewart: Why Corbyn’s QE is not so far-fetched

The Newton Real Return manager says that with borrowing costs close to zero, commodity prices plummeting and “secular stagnation” fears rising, credit or QE-driven infrastructure spending may not be far away. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: How tighter lending could spell the end for ‘zombie’ commodities producers

For stressed commodity companies whose cost of production exceeds current pricing, the advent of a risk-off environment in the corporate debt markets could pose a serious challenge. This is particularly the case within the US high yield energy sector, which we saw was running into difficulties as it moved into the fourth quarter because of oil hedges rolling off, but more importantly because of revolving credit facilities being renegotiated at much tighter conditions. more...

Investment news for financial advisers and paraplanners - BNY Mellon: India's rate cut tipped to boost equities and debts

The fact India can cut rates in the current environment highlights some of its relative strength compared with other emerging market economies, say experts from BNY Mellon boutiques. more...

investment news for financial advisers and paraplanners - BNY Mellon: Are Millennials finally fleeing the nest?

We believe new and existing home sales appear positioned for a sustained, moderate – but jagged – multi-year recovery that should persist for years, supported by a plethora of demographic, cyclical and financial factors. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Are Millennials finally fleeing the nest?

We believe new and existing home sales appear positioned for a sustained, moderate – but jagged – multi-year recovery that should persist for years, supported by a plethora of demographic, cyclical and financial factors. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Inspire your investment thinking

MarketEye, BNY Mellon’s blog, is designed to inspire your investment thinking by providing bite-sized views of key market trends, expert research and Fund Manager insights which are innovatively illustrated and easy to share. more...

Investment news for advisers and paraplanners - BNY Mellon: Debt mountain behind surge in car sales

Around 80% of new cars in the UK are bought on finance and the US figure is not far behind at two-thirds of its market. We believe the car industry has become similar to the housing sector before the financial crisis and is an example of the financial market driving the underlying economy. Institutions are desperate to earn the fee of these packaged loan products, which drives the supply. Meanwhile, the perspective of whether it makes sense for a certain consumer to have a loan in the first place is skewed. more...

Investment news for financial advisers and paraplanners - BNY Mellon: South Africa trip note: Waiting for the sun

The second largest African economy may hold huge economic potential, but South Africa must overcome mounting labour unrest and wider governance issues to deliver much-needed economic growth. more...

Investment news for financial advisers and paraplanners - BNY Mellon: The month in numbers: Seven key takeaways of September's market soap-opera

Investors may have struggled to focus on much outside the US Federal Reserve announcement in the middle of September, but elsewhere there was no let-up in the soap opera of global markets. So what were the headline numbers you might have missed first time around? Keep reading to find out… more...

Investment news for financial advisers and paraplanners - BNY Mellon: Newton Asian Income streamlines portfolio to focus on “best ideas”

The strategy has reduced its number of holdings from more than 70 down towards 60, due in part to worries over slowing growth in Asia and the vulnerability of certain economies. more...

investment news for financial advisers and paraplanners - BNY Mellon: Evolution or confusion?

How the targeted absolute return sector has changed since 2008. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Funds on alert as SEC joins push to address liquidity concerns

Under proposed new rules on liquidity, managers of US-domiciled funds would have to set out the number of days it would take to convert holdings into cash. Could this be the start of an industry-wide movement? more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Debt mountain behind surge in car sales

Around 80% of new cars in the UK are bought on finance and the US figure is not far behind at two-thirds of its market. We believe the car industry has become similar to the housing sector before the financial crisis and is an example of the financial market driving the underlying economy. Institutions are desperate to earn the fee of these packaged loan products, which drives the supply. Meanwhile, the perspective of whether it makes sense for a certain consumer to have a loan in the first place is skewed. more...

Investment News for Financial Advisers - BNY Mellon: “Why oil won’t breach US$70 for the next five years”

Before 2015, the cost of exploration, developing and extracting oil added up to some US$30 per barrel but there are other extras that also need to be factored into the price, such as required margins and transportation costs. All in, the breakeven point for oil production companies pre-2015 was around US$47. This means at US$70 a barrel companies were able to earn a 15% return and still have a cash margin of US$2.15. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Stop chasing 'irrelevant' yields, says Clay

Investors are often rendered starry-eyed at the prospect of high headline yield, but it is far more important to assess whether a fund’s yield is sustainable, says Newton’s Nick Clay. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Freeze frame: When will the US move?

October, December or 2016? Following the 9-1 vote to keep US rates at the same level they have been for almost seven years, near zero, speculation has started as to when a rate hike may occur. Here portfolio managers from across BNY Mellon boutiques discuss the 17 September decision and outline what they think may happen next. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The empress has no clothes

The level of expectation about the recent Federal Reserve interest rate decision was quite extraordinary, and highlighted the extent to which the focus of capital market participants has become so short-term and concentrated on the actions of authorities. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Should investors dig big data?

New digital business models are creating a torrent of data volume growth from new sources. In 2014 IBM estimated that 90% of the world’s data had been generated in just the past two years. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why oil won’t breach US$70 for the next five years

Before 2015, the cost of exploration, developing and extracting oil added up to some US$30 per barrel but there are other extras that also need to be factored into the price, such as required margins and transportation costs. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Newton Asian Income Fund Update

Newton’s Asian Income Fund has performed strongly over the last two months. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Should you fear emerging markets capital flight?

With outflows of US$26bn from emerging market equities in the past six weeks alone, Insight’s Colm McDonagh asks whether this is a sentiment-driven sell-off with bounce-back opportunities to come, or the start of something more worrying. more...

Investment news for financial advisers and paraplanners - BNY Mellon: August in numbers...

August was a tumultuous month in global markets – so much for a summer lull - but what were the crucial takeaways for investors and could some of the headline figures be interpreted differently? Here investment managers from BNY Mellon boutiques put the market movements into context. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Newton's Iain Stewart: volatility is here to stay

The manager of the Newton Real Return fund is prioritising capital preservation to help cope with the current unstable environment. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Newton Global Income Fund Update

Newton’s Global Income Fund has performed strongly over the last two months, more than reversing its underperformance earlier in the year. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Three month review of Newton Asian Income

After three months of Rob Marshall-Lee’s leadership, the Newton Emerging and Asian equity team gives its latest views highlighting key areas of potential growth for Newton’s Ł2.5bn Asian Income Fund. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Why hold gold now?

Many of the polemics surrounding gold involve a comparison with equities. If you are pro-gold, many believe you are anti-stocks, anti-innovation and anti-prosperity. However, we see gold as a non-yielding real asset that should act like a ‘safe-haven’ currency. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why hold gold now?

Many of the polemics surrounding gold involve a comparison with equities. If you are pro-gold, many believe you are anti-stocks, anti-innovation and anti-prosperity. However, we see gold as a non-yielding real asset that should act like a ‘safe-haven’ currency. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: EM currency snapshot: The right time to buy?

Emerging market currencies are getting hit by three secular trends all at once: the drop in commodities prices (for commodity exporters), the drop in global growth expectations and negative capital flows away from emerging economies. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: EM currency snapshot: The right time to buy?

Emerging market currencies are getting hit by three secular trends all at once: the drop in commodities prices (for commodity exporters), the drop in global growth expectations and negative capital flows away from emerging economies. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: China and India: Five charts examining two eastern giants

The performance of these two emerging markets has diverged (often dramatically) at various points over the past year but Newton’s Emerging and Asian equity team says if you are selective in your approach there are still a number of positive drivers to take advantage of. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton Asian Income Fund Update

Newton’s Asian Income Fund has performed strongly over the last two months. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton Global Income Fund Update

Newton’s Global Income Fund has performed strongly over the last two months, more than reversing its underperformance earlier in the year. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Can active ever beat passive again?

During the five years of quantitative easing the Federal Reserve (Fed) achieved its goal of creating a wealth effect as interest rates plummeted to multi-decade lows while equity and bond markets appreciated considerably. However, this caused equities to move increasingly in tandem, making effective stock-picking more challenging. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Can active ever beat passive again?

During the five years of quantitative easing the Federal Reserve (Fed) achieved its goal of creating a wealth effect as interest rates plummeted to multi-decade lows while equity and bond markets appreciated considerably. However, this caused equities to move increasingly in tandem, making effective stock-picking more challenging. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why Brazil is not a basket case allocation

There is a saying that Brazil is always a ‘country for the future’, and cruelly that future never seems to arrive. It is currently fashionable to stick the boot into Brazil but I will desist from this and focus on the positive from a fixed income point of view. We are far from bullish on the Brazilian economy. We expect a contraction in growth for 2015 and flat to insipid growth for 2016, with a weak consumer and rising unemployment. However, while we agree the outlook for Brazilian equities remains dire in the near future, we believe the government bonds now offer value. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why oil won't breach $70 for 5 years - and what this means for investors

While the outlook for the price of oil is bleak, portfolio manager at The Boston Company Robin Wehbé says the sector still offers investors opportunities. more...

investment News for Financial Advisers and Paraplanners - BNY Mellon: Stick with robust businesses now more than ever

Benjamin Graham observed “in the short run the market is a voting machine, but in the long run it’s a weighing machine.” Certainly today markets are in voting mode; in some instances coerced, namely in China and Japan; but mainly voting for the belief that the extraordinary policy measures of zero interest rates (ZIRP) and quantitative easing (QE) are working in delivering an economic recovery that can accelerate and be self-sustaining when help is removed. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Market reaction: China influence and future outlook

The past couple of days have been volatile ones for global markets. Even as the FTSE rebounded slightly the morning of 25 August, markets in China continued to fall. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Why there is still value in the all-time high US market

The S&P 500 and Nasdaq indices hit new all-time highs earlier this year, which have barely been dampened despite rumblings around a Grexit and fears of a China crash in recent months. Are such levels sustainable, or are we close to a cyclical peak? more...

Investment news for financial advisers and paraplanners - BNY Mellon: What next for China and markets?

As the impact of China’s stock -market rout continues to bleed through to other asset classes, managers from BNY Mellon boutiques Insight and Standish offer their views on market turbulence and China’s path forward. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Podcast: Newton's "Taking Stock"

This edition features Rob Marshall-Lee, lead Portfolio Manager of Newton’s Global Emerging Markets strategy. Rob Marshall-Lee runs through some of the big topics that have been happening in emerging markets over the recent months, and discusses the team's forward looking investment view. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Making sense of the market "fret-fest"

The gyrations of global stock markets over the past week have certainly given investors some food for thought, but stepping back and putting them in context can help avert unnecessary panic. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Podcast: Newton News Real

Recorded on the 20 July 2015 - The latest in Newton's series of monthly Real Return strategy podcasts, NewsReal. This edition features Suzanne Hutchins, who discusses the latest developments of relevance to the strategy. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton's Real Return Team: why hold gold now?

Supporters of gold have faced a tough time of late, but there are plenty of reasons to believe the precious metal still has a role to play in strategies with an absolute return mandate, says the Newton Real Return team. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Capital gains

UK local authority plans to build a multibillion pound municipal bonds market could create new opportunities for both cash-strapped councils and an investment community keen to tap new potential in both Britain and the evolving global municipal debt market. more...

investment News for Financial Advisers and Paraplanners - BNY Mellon: Investment opportunities from crumbling US roads

In the US a lot of road and bridge infrastructure is paid for through the Highway Trust Fund (HTF). This is funded at the Federal level through the Gas Tax, which has been 18.3 cents per gallon of gasoline since President Clinton’s administration in 1993. This means the Federal component of the HTF has not adjusted for inflation in over 20 years. It has been suggested that with the oil price rolling over, as it has in the past six months, now would be a good time to raise the Gas Tax because it wouldn’t be felt as much by consumers. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The coming boom in EM healthcare

For six of the past nine years, health care has been among the top-five performing industry sectors globally. While historically most of this performance may have come from the developed world, a rising middle class and increasing disposable incomes in emerging markets are creating significant demand for healthcare, and we believe this is likely to provide a great opportunity for the sector for many years to come. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Exploding the debt reduction myth

Since the crisis US$60 trillion of debt has been created globally versus US$15 trillion of GDP. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Taking a stand against executive excess

Shareholders of US-listed companies were given the right to vote on the compensation arrangements for a company’s named executive officers in 2011. But these voting resolutions are advisory and not binding, unlike in the UK where a binding shareholder vote on pay was introduced in 2014. In the US they act more as a vote of confidence from the shareholders on the remuneration arrangements in place. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Policy distortions could come back to haunt markets, warns Newton's Clay

While some argue the global financial crisis is behind us, manager of the Newton Global Income fund, Nick Clay, believes the extraordinary measures taken by central banks since 2008 have yet to play out. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Policy distortions could come back to haunt markets, warns Newton's Clay

While some argue the global financial crisis is behind us, manager of the Newton Global Income fund, Nick Clay, believes the extraordinary measures taken by central banks since 2008 have yet to play out. more...

Investment News for Financial Advisers and Paraplanners - Twin rate rises in the US, forecasts BNY Mellon Boutique

Robust jobs data in July underscored the strengthening US economy, according to BNY Mellon boutique Standish, and it could lead to two interest rate rises before the year-end. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Chinese stock market: still fertile ground for stockpickers

Following weeks of turbulence in the Chinese stock market, investors may be inclined to shy away from the region, but taking such a blanket approach could lead to missed opportunities. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Is there still a place for bond funds in your pension portfolio?

Insight’s Tim Rees says that in the post-QE world, investors must consider less conventional methods of generating income as they enter retirement. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Asian growth: Ignore at your peril

While recent news flow focuses on the health of the eurozone or the likelihood of a US rate rise, away from the headlines Asia’s economic momentum quietly continues to build. On any number of measures the region now outpaces established western economies. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton Real Return: why hold cash now?

Cash may be yielding close to 0% but the asset still has its uses in a total return strategy, says Newton’s Real Return team. more...

Investment event for financial advisers and paraplanners - BNY Mellon: Does small cap slowdown signal a wider UK correction?

The slowdown in small cap performance over the past 18 months could be a leading indicator for a correction in the wider UK equity market as earnings continue to disappoint, says Paul Stephany, manager of Newton’s UK Opportunities and UK Equity strategies. more...

investment event for financial advisers and paraplanners - BNY Mellon: Why interest rate rises aren't a foregone conclusion

James Harries and Nick Clay of the Newton Global Income strategy say that the world economy is a lot more fragile than policymakers would have you believe. more...

Investment event for financial advisers and paraplanners - BNY Mellon: Newton's Marshall-Lee: Don't fall victim to the valuation myth

The leader of the emerging and Asian equity team at Newton says it is better to invest in a quality company at a higher price than one of lower quality that is cheaper. more...

Investment news for financial advisers and paraplanners - BNY Mellon: China and Japan no longer hostage to energy suppliers

In Asia, security of energy supply is nowhere near as pressing as it was even a couple of years ago. Until recently, China and Japan were concerned either that some energy-producing nation would create a supply shock or that they would struggle to procure enough oil and gas to meet the needs of their domestic economies. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Brazil trip note: At the crossroads

The 2014 re-election of left-leaning Brazilian president Dilma Rousseff also resulted in the introduction of some much needed economic policy adjustments under the direction of market-friendly finance minister Joaquim Levy. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton's Metcalfe: where to find the answer to the income drought

The manager of the Newton UK Income Fund says relatively high standards of corporate governance and globally diversified income streams mean it is difficult to beat the UK for income. more...

BNY Mellon: Newton Asian Income: Avoiding the Chinese rollercoaster

It can be hard to ignore an equity market that has seen a rally of more than 80% over a 12-month period but Newton’s Caroline Keen explains why the Asian Income team has done just that. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton UK Opportunities iMag

Explore and download the information pack for the Newton UK Opportunities Fund more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton Multi-Asset Income Fund iMag

Explore and download the information pack for the Newton Multi-Asset Income Fund more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Finding the hedge fund sweet spot

Successful hedge fund selection can be an uphill task. Overall, smaller funds tend to outperform larger funds, but often come with a higher level of business or operational risk. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The Asia growth story in 11 charts

While recent news flow focuses on the health of the eurozone or the likelihood of a US rate rise, away from the headlines, Asia’s economic momentum quietly continues to build. On any number of measures the region now outpaces established western economies. We believe Asia’s growth story represents a fundamental shift in the global balance of economic power – a long-term development that investors ignore at their peril. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton's Real Return team: why US rate rises could be an anti-climax

The fund’s global investment manager Suzanne Hutchins says the Fed is unlikely to raise interest rates by more than a nominal amount - if at all - in the short term. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon Finding the hedge fund sweet spot

Successful hedge fund selection can be an uphill task. Overall, smaller funds tend to outperform larger funds, but too small and the risk of a fund collapsing is higher (see Figure 1). At the opposite end of the spectrum, larger funds that have done well in the past may close their funds to new capital to preserve trading flexibility or, worse, may fall victim to their own success as their focus shifts from generating performance towards preserving management fees off the larger asset base. Either way, the universe of attractive, larger funds can be limited. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Metcalfe: the stocks and sectors driving my returns

Cash-generative stocks bought at reasonable valuations in the media, software and gaming sectors have fuelled the recent outperformance of Newton’s Multi-Asset Growth Fund, according to fund manager Christopher Metcalfe. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Three charts signalling a boost for active US equity funds

Active US large-cap managers have not covered themselves in glory over the past few years, with only 22% outperforming their benchmarks between 2009 and 2014. Yet that could be about to change, says The Boston Company Asset Management (TBCAM). more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: US rates – raise, hold or bust?

Recent volatility has been driven by Greece-related events, but we expect the focus will soon shift towards expectations related to the US Federal Reserve (Fed) and whether they will begin their interest rate hiking cycle in September. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The real cost of the Greek crisis

Recent headlines, which pointed to Greece being the first ‘developed world’ economy to default on a payment to the International Monetary Fund, illustrate why the country’s plight matters. The concern is that it might indicate where other first world economies with large welfare states, huge debts and a dependency on imports might be going: headlong towards a process of deleveraging that becomes contagious. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Activist investors: more responsible shareholders than corporate raiders

Activist investors have often been given a bad name, derided as ‘corporate raiders’ and self-interested egoists out to make a fast buck, and perhaps some of them are just that. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Perpetual motion: Planes, trains and Automobiles

Through air, across water and on land; we have long been fascinated with the speed and efficiency of getting from A to B. Yet for an industry constantly moving, on a day-to-day basis we give it little thought. Here we invite you to explore the latest stories driving design, innovation and safety in transportation and compelling investment in the sector. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: On course for a quieter Heathrow expansion

Recent reports show planes are already around 50% quieter today than they were 10 years ago and 75% quieter than the first generation of jet aircraft. Latest engine models from companies such as Pratt & Whitney, for example, reportedly produce a 50-75% reduction in engine noise compared to current models and an expected 16-20% better fuel burn. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Could the UK meet its EU Waterloo?

The European Union is by far and away the UK’s dominant trading partner. In 2014 the EU accounted for 44.6% of UK exports of goods and services and 53.2% of UK imports of goods and services. EU member states account for four of the top-five export destinations of the UK and three of the top five import origins. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The hidden threat to global investors

“What would Noah do? Would he have built the ark before the rain came or once the flood started?” This was the biblical analogy employed by David Hooker in last week’s ‘Hot Topic’ session as he highlighted the attractions of the Insight Inflation-linked Corporate Bond Fund. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Opportunities in infrastructure: US prison privatisation

Infrastructure investments are not just about roads and energy, as new opportunities arise in facilities such as hospitals and prisons – areas of growing need and constrained government financing, according to Jim Lydotes, infrastructure manager at The Boston Company. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Grexit doubts increase buying opportunities in peripheral euro debt

Raman Srivastava, co-deputy chief investment officer of BNY Mellon boutique Standish, notes how peripheral Europe is not a homogenous group and says the positioning in BNY Mellon’s Global Opportunistic Bond Fund reflects this – with tactical positions in Italy, Spain and Portugal. Without a speedy resolution to the crisis, he believes Greece will continue to dominate headlines and that this has represented a buying opportunity, particularly in peripheral yields and especially in the absence of contagion to other euro countries. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: No siesta in sight for global bond markets

In recent weeks we’ve had yet another bond market tantrum; these seem to be becoming a regular occurrence these days. Just over the last month we’ve seen volatility in yields for both Bunds and US Treasuries. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: How nine new spending trends could impact your investments

Much emphasis is placed on the ageing demographics of most developed countries, but a more nuanced shift is taking place, which could have a bigger impact than investors recognise. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton's Hutchins: Don't get caught in a stampede out of bonds

Newton's Suzanne Hutchins warns of danger ahead in bond markets if investors panic and all try to sell out at the same time. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Can European equities deliver on economic promise?

While a few months ago we perhaps looked overly bullish, recent data releases have suggested our above-consensus view on the European growth outlook is well-founded. Indeed, it looks like the European Central Bank (ECB) launched its Q2 quantitative easing (QE) programme just at the point when a cyclical recovery started taking shape in Europe. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Holding the faith

Global market uncertainty is prompting China to find new ways of boosting domestic growth. But, despite the many challenges facing the Chinese government, its economic plans remain broadly on track and ongoing reforms could deliver significant long-term gains, says Amy Leung, a member of Newton’s Asian equity team. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: US rate rises are not a done deal

Contrary to consensus expectations, US interest rates may remain “lower for longer”, perhaps even until 2020, according to James Lydotes, portfolio manager at The Boston Company Asset Management. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: London office space remains in high demand

While London’s residential property prices may be making the headlines in the UK, it is the capital’s seemingly evergreen office rental market that continues to attract investors from home and abroad. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Newton's Hutchins: Don't get caught in a stampede out of bonds

Newton's Suzanne Hutchins warns of danger ahead in bond markets if investors panic and all try to sell out at the same time. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The US sectors set to benefit from rising consumer confidence

An 11-year high in consumer optimism could be the catalyst for rising returns from the US financial services sector, according to The Boston Company Asset Management, (TBCAM), a BNY Mellon company. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Japan trip note: Neon Knights

As Japan strives to eliminate stubbornly persistent deflation and achieve its stated 2% inflation target1 , the country continues to post mixed signals for international investors – and its prime minister Shinzo Abe looks set to face further tests in the year ahead. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Signs of a turning tide in Latin America

Latin America is in the throes of a prolonged fall from grace. After growth rates averaging above 5% for the first decade of the new millennium, a maelstrom of falling commodity prices and a slowdown in demand from China means forecasters are predicting neutral or negative growth through 2015. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Is the perfect storm ahead for european equities?

The divergence in data coming out of Europe and the US has created opportunities in the European equities space, says Insight’s Neil Walker, member of the multi-asset strategy group at the BNY Mellon boutique. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: G4: Break from the past could spell brighter future

Despite the subdued global economic outlook, four of the world’s biggest economies - Japan, America, China and India - are in the midst of recovery, reform, or both. But could all four be on the verge of fulfilling their economic potential at the same time asks BNY Mellon IM’s Simon Cox. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The waiting game

Latin America’s leading economies are facing serious headwinds but with a raft of upcoming elections in the second half of the year there may be scope for optimism say Insight’s Colm McDonagh (head of emerging markets fixed income) and Rodica Glavan (emerging market fixed income portfolio manager). more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Emerging market debt: Potential fallout from US monetary policy

Historic links between the performance of US Treasuries and emerging market debt (EMD) make the actions of the US Federal Reserve (fed) an important consideration in analysing the asset class, according to Urban Larson, Standish senior product specialist, emerging markets debt. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Four charts on under-the-radar investment opportunities

Subscribe to BNY Mellon’s investment blog MarketEye, and receive the latest investment ideas from their specialist asset managers. Here are 4 of their most popular posts that you may have missed. more...

Investment news for financial advisers - BNY Mellon: A new golden age of rail

Chinese authorities have significantly built out high-speed rail as part of the current five-year plan and have made no secret of wanting to be the world’s leaders in terms of track length and number of lines. Now they have announced a ‘one belt, one road’ policy, also known as the ‘silk road’ more...

Investment news for financial advisers - BNY Mellon: Still plenty of value in US tech

A discerning approach to the US tech sector could still yield results, according to The Boston Company Asset Management (TBCAM), a BNY Mellon company. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: King versus Carney: in a world awash with liquidity inflation forecasting becomes less certain

The long-term effects of quantitative easing (QE), especially on inflation, are an unknown. With conventional policy we have a history to look back on. With QE it’s all new. There is no history. This means that while central governments may have got it right, the reality is no one can be sure. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Insight: ignore inflation at your peril

Investors of the ‘this time it’s different school’ could be forgiven for dismissing inflation out of hand. Like a long-dormant volcano, the threat of rising prices and diminishing purchasing power seems a distant memory, at odds with the current deflationary environment. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Four risk-management devices you want from fund managers

Risk management should be core to any fund manager’s approach, here are four questions to help decipher if they are truly taking risk seriously, says Newton’s global head of fixed income, Paul Brain. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Standish: Fed will hike rates before the end of September

BNY Mellon company Standish says the Federal Reserve will not allow poor recent data to keep interest rates lower for longer. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Liquidity crunch: five factors to consider in bond fund analysis

Liquidity concerns in bond markets have come to the fore again over the past few months as commentators question the ability of investors to sell holdings should a switch in sentiment occur, says Paul Brain, global fixed income manager at BNY Mellon boutique, Newton. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Liquidity crunch: five factors to consider in bond fund analysis

Liquidity concerns in bond markets have come to the fore again over the past few months as commentators question the ability of investors to sell holdings should a switch in sentiment occur, says Paul Brain, global fixed income manager at BNY Mellon boutique, Newton. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: The US firms undented by a strong dollar

The impact of a stronger US dollar means mega cap margins are at risk because they tend to earn more of their revenues abroad. We would be cautious about companies that benefited from the weaker dollar during the ‘90s and ‘00s because the inverse will be true in a stronger dollar environment. On saying that, generally when a currency appreciates the stock market valuation in that country goes up. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Have you jumped on the TOWIEE bandwagon?

European equities ex-UK was the best-selling sector in the first quarter of 2015, according to the Investment Association, which chimes with Andy Cawker from Insight’s view that on a valuation basis The Only Way is European Equities. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Instability still a threat post Conservative win

UK markets may have welcomed a decisive election result but Newton’s fixed income manager Howard Cunningham and strategist Peter Hensman believe persistent uncertainty over issues such as the UK’s EU membership may still unsettle investors. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon: Instability still a threat post Conservative win

UK markets may have welcomed a decisive election result but Newton’s fixed income manager Howard Cunningham and strategist Peter Hensman believe persistent uncertainty over issues such as the UK’s EU membership may still unsettle investors. more...

Investment news for Financial Advisers and Paraplanners - BNY Mellon Renewables: a sun-kissed proposition

The National Grid has forecast its lowest-ever summer peak electricity demand on its transmission grid of 37.5GW due to the amount of solar PV generation (see above). The system operator said UK capacity in the sector rose to 4.4 gigawatts in February from 2.4 gigawatts in the same month of 2014. Levels are expected to reach 5.5 gigawatts by February 2016. more...

Investment news for advisers and paraplaners - BNY Mellon: What could the election hold for gilts and sterling?

As the date for the 2015 General Election looms investors could reasonably expect more volatility in sterling and Gilts, while external factors such as the US Federal Reserve preparing for ‘lift-off’ and the unresolved Greek situation may inject further jitters. more...

Investment news for advisers and paraplaners - BNY Mellon: Can listed real estate build up to further outperformance?

Real estate investment trusts have outperformed equities and bonds on an annualised basis over five, ten, 15 and 20 years – but we believe there is more to come. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Higher pay packets show US recovery is real

The Boston Company’s Dave Daglio says wage growth and sign-up bonuses demonstrate the genuine nature of the US bull market and will deliver an attractive environment for actively managed funds in the sector. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Pidcock slashes Newton Asian Income’s cash weighting

The manager of the fund has also cut his exposure to Australia, and has used the money to buy another Macau casino stock. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Iain Stewart: Reality check would expose central bank fairy tales

The market continues to swallow the ‘policy is working’ narrative, which has led to a belief that authorities have investors’ backs no matter what, says Iain Stewart, leader of the real return team at BNY Mellon boutique, Newton. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Why global bonds?

Bond investors continue to grapple with historically low interest rates and the exposure they should take to benchmarked fixed income. In such an environment, moving from a domestic-only approach to a more global one could offer a range of benefits. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Higher pay packets show US recovery is real

The Boston Company’s Dave Daglio says wage growth and sign-up bonuses demonstrate the genuine nature of the US bull market and will deliver an attractive environment for actively managed funds in the sector. more...

investment news for financial advisers and paraplanners - BNY Mellon: Are pre-election ‘jitters’ set to hit sterling?

Looking at exchange rate moves so far in 2015, sterling has very much been in the middle of the pack. In the first quarter it declined against the Swiss franc, US dollar, Japanese yen and New Zealand dollar (by between 2% and 8%), but it posted similar sized gains against the Australian dollar and other European currencies. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Absolute insights - Absolute return investing explained

In just a few years, the Absolute Return sector has grown exponentially in both size and complexity. With a wide variance of returns from funds using diverse strategies, it's crucial to understand the factors that influence fund volatility and flexibility. more...

Investment events for financial advisers and paraplanners - BNY Mellon: Show this to your boss: wage increases on the way in US

Sign-up bonuses for truck drivers in Detroit, Michigan, of between US$10,000 and US$20,000, alongside an increase in people quitting their jobs, show the US recovery is continuing. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Insights on fixed income

Volatile markets, anticipated interest rates rises and improving global GDP levels are encouraging many to re-assess their allocation to traditional fixed income portfolios. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Big risk flashpoints for 2015

Lord Mark Malloch Brown, the UN’s former chief of staff, looks at the biggest flashpoints likely to affect markets before the end of the year. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Sectors to watch whatever the election outcome

The General Election is less than a month away but many British businesses will continue to pursue innovation regardless of the outcome. Here are sectors to watch… more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Investment opportunities from crumbling US roads

In the US a lot of road and bridge infrastructure is paid for through the Highway Trust Fund (HTF). This is funded at the Federal level through the Gas Tax, which has been 18.3 cents per gallon of gasoline since President Clinton’s administration in 1993. This means the Federal component of the HTF has not adjusted for inflation in over 20 years. It has been suggested that with the oil price rolling over, as it has in the past six months, now would be a good time to raise the Gas Tax because it wouldn’t be felt as much by consumers. more...

Investment news for financial advisers and paraplannerse - BNY Mellon: The need for selectivity in emerging markets

A rising tide used to lift all boats in emerging markets but Newton’s investment leader of the emerging market team, Rob Marshall-Lee discusses why he now believes investors need to be more selective and active within these regions. more...

Investment news for financial advisers and paraplannerse - BNY Mellon: How to sniff out bond opportunities in an illiquid market

Lower trading volumes mean investors need to learn how to deal with the tendency of fixed income markets to overshoot, says Raman Srivastava, co-deputy chief investment officer at Standish. more...

Investment news for financial advisers and paraplannerse - BNY Mellon: Investment opportunities from crumbling US roads

In the US a lot of road and bridge infrastructure is paid for through the Highway Trust Fund (HTF). This is funded at the Federal level through the Gas Tax, which has been 18.3 cents per gallon of gasoline since President Clinton’s administration in 1993. more...

Investment news for financial advisers and paraplannerse - BNY Mellon: Capital gains

UK local authority plans to build a multibillion pound municipal bonds market could create new opportunities for both cash-strapped councils and an investment community keen to tap new potential in both Britain and the evolving global municipal debt market. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Reversal of fortunes? US energy v financials

Financials and energy stocks are both much talked-about areas in the US market but there has been a reversal in their perceived fortunes of late. The Boston Company's Jim Boyd, who covers both sectors on behalf of its US Opportunities strategy, has moved to a zero weighting in energy but continues to heavily favour financials. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Tech security a growing opportunity

Financials and energy stocks are both much talked-about areas in the US market but there has been a reversal in their perceived fortunes of late. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Has emerging market debt bottomed out?

Standish’s Senior product specialist Urban Larson says the sector is entering the "darkest before the dawn" phase and could be set for a rebound. more...

Investment news for financial advisers and paraplanners - BNY Mellon: High yield debt: a blockage in the system?

One consequence of the widely discussed hunt for yield has been enduringly strong flows into high yield assets. What is perhaps less known is how much those markets have grown over the long term. more...

Investment news for advisers - BNY Mellon: Is there still such a thing as a safe haven?

Newton’s Paul Brain and Insight’s Paul Lambert discuss the outlook for the US dollar and euro currency in volatile markets. more...

Investment news for advisers - BNY Mellon: European QE shortfall positive for active bond managers

The sovereign supply for the European Central Bank’s (ECB) QE needs is likely to be inadequate, according to Newton’s head of fixed income Paul Brain. However, this could be a positive for active managers and those that can diversify into corporate bonds and emerging market debt. more...

Investment news for advisers - BNY Mellon: A race to the bottom?

Central banks have engaged in unconventional policies since the onset of the financial crisis in the form of QE, long-term repo operations, funding for lending and, in the US, the Troubled Asset Relief Program. Central banks’ commitment to safeguard their respective economies should not be underestimated. more...

Investment news for advisers - BNY Mellon: Economic & market overview - March 2015

For the global economy, the threat of deflation eased as the pace of oil-price declines slowed. In the US, this helped the US market return to form in the second month of 2015, posting returns of 5.7% for February which took its year-to-date returns to 2.9%. more...

Investment news for advisers - BNY Mellon: Pidcock: The country with the antidote to income hunger

The Newton Asian Income Fund manager says Australia has every sector you can find in the US, only with lower PE ratios and higher dividend yields. more...

Investment news for advisers - BNY Mellon: Title: Identifying small-cap sweet spots

Stock-pickers in the small cap space could find some attractive opportunities in European and Japanese markets at the moment, as both are experiencing some attractive tailwinds, says Mark Bogar, senior portfolio manager at The Boston Company. more...

Investment news for advisers - BNY Mellon: Ageing population not the cause of deflation

Insight fixed income manager David Hooker challenges the assumption that an ageing population leads to a deflationary environment. more...

Investment news for advisers - BNY Mellon: Europe’s incredible declining yields

For income-oriented investors, the combination of ECB quantitative easing, negative yields and negative interest rates is a real problem. Increasingly they are reallocating their funds into investment grade or high-yield bonds, but also into other interest-bearing asset classes. more...

Investment news for advisers - BNY Mellon: Tech-tonic shifts

During a tech bubble investors “begin to collectively think there is a huge opportunity to be had, or that it is a ‘special time’ in markets, which leads them to purchase stocks at prices far exceeding those normally considered reasonable” according to Investopedia. more...

Investment news for Financial Adviser and Paraplanners - BNY Mellon: Colombia trip note: Great expectations

While ambitious infrastructure plans and prospects of an end to internal conflict in Colombia raise national optimism, significant economic challenges remain. A recent research trip to the country gave me new insights on both its long-term investment potential and the likely hurdles ahead. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The outlook for fixed income in a challenging and volatile market

While inflows to bond funds are expected to remain positive, analysts are predicting increased volatility and widening credit spreads.[1] BNY Mellon’s latest special report will help you unpick the mixed outlook for fixed income markets in 2015. more...

Investment events for financial advisers and paraplanners - BNY Mellon: Bearish on Russia

Russia has been under stress because of the situation in the Ukraine and because of the falling oil price – and clearly, as shown by the data above, this has affected the short-term outlook for growth. more...

Investment news for financial advisers and paraplanners - BNY Melon: Global fixed income opportunities after a strong start to 2015

Credit investors have enjoyed a strong start to 2015 despite widespread market turbulence, according to Standish's Global Opportunistic manager Raman Srivastava. more...

Investment events for financial advisers and paraplanners - BNY Mellon: UK dividend growth set to slow in 2015 – says Newton’s Mogford

Falling commodity prices and cuts from traditionally steady income payers such as Tesco and utility companies mean dividend growth is unlikely to return to the levels seen in 2012 or 2013 any time soon. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Could China swoop in as saviour of the eurozone periphery?

A Greek exit from the euro could open the door to a raft of unexpected consequences, not least China potentially stepping in as lender of last resort to eurozone periphery nations, according to Newton fund manager Nick Clay. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Merging market corporate debt: oversold and under-appreciated?

Emerging market (EM) corporate debt has endured something of a rough ride of late. Accelerating downgrades and fears of rising defaults have all contributed to a picture of a challenged asset class. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: The eye of the storm?

Bond investors face numerous challenges in 2015. Peter Bentley, Insight Investment’s Head of UK and Global Credit, explains how the Absolute Return Bond fund aims to smooth out some of the volatility in an increasingly uncertain world. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: China - not deleveraging

We have been watching the build-up of debt in China for some time in line with our Debt Burden theme. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Breaking free of the 'fragile five' misnomer

India was previously plagued by a high fiscal deficit, bad policy choices, high commodity prices, an extended credit cycle, high inflation and a weak currency. Now it has a credible and strong-willed central bank, a reform-minded government, and commodity price falls which are very beneficial to its terms of trade. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Chinese FDI into Europe has doubled since 2013

Chinese foreign direct investment into Europe hit US$18bn in 2014, almost double 2013’s level. Over the past four years, the average spend in the region by Chinese investors has been US$12bn a year, suggesting a slowdown in Chinese growth has not dented that country’s appetite for international exposure. more...

Investment news for financial advisers and paraplanners - BNY Mellon: Uncovering alpha in unexpected areas

For a country of eight million people, Israel has long been punching above its weight in the technology sector. more...

Investment News for financial advisers and paraplanners - BNY Mellon: Global M&A hit a post-crisis high in 2014

We aren’t surprised to see M&A activity climbing, and, as we discussed in an earlier post (see M&A activity takes off, 3 June 2014), that may continue over the next couple of years for several reasons. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Direct property funds vs REITs – which is the REIT choice?

Investors often seek access to opportunities that, as the saying goes, are as safe as houses. Those looking to build a foundation in the property market could do worse than consider investing in Real Estate Investment Trusts (REITs), says Alan Supple, managing director, global real estate securities at BNY Mellon IM EMEA more...

Investment News for financial advisers and paraplanners - BNY Mellon: Debating the state of…Germany

In 2015, 25 years on from the fall of the Berlin Wall, Germany is struggling with weak economic growth and gloomy business forecasts. more...

Investment News for Financial Advisers and Paraplanners - BNY Mellon: Will investors continue to buy bonds at any price?

The notion of value is often discussed by fund managers but rarely followed. Despite low valuations investors will still buy assets, especially if they are being driven by new information. Take the yields on European government debt.... more...

Investment Quiz for financial advisers and paraplanners - BNY Mellon: Take the Markets quiz

As we enter 2015, countless questions remain unanswered but one thing is predictably certain – it’s unlikely to be a dull year for global financial markets. Our investment specialists address the prevailing challenges and opportunities within their particular fields. more...

Investment Event for financial advisers - Pensions Guru Steve Bee at BNY Mellon's Adviser Assembly 2014

Steve Bee is a prominent pensions strategist behind the pensionsguru website, and CEO of jargonfreebenefits, a leading IFA advisory and consultancy service. He also contributes columns and cartoons to a number of industry publications, and was recently named in Money Marketing’s list of the most influential names in the UK financial service. more...

Investment event for financial advisers - BNY Mellon: Adviser Assembly

After five years of unprecedented monetary stimulus, we are now potentially facing a subtle threat of inflation and the real possibility of rising interest rates. more...

Webconference for financial advisers and paraplanners - BNY Mellon: Newton Global Higher Income Webconference Invitiation

Nick Clay, alternate manager of the Newton Global Higher Income Fund will provide an update on the Fund's performance and asset allocation. more...

Investment News for Financial advisers - BNY Mellon: Newton Real Return Fund Update

Iain Stewart, lead manager of the Newton Real Return Fund, believes the policy backdrop to financial markets is changing. more...

Investment Guide for financial advisers - BNY Mellon: A guide to investing for women

Whatever long-term financial goals you may have, investing for the future can be a useful way of helping to deliver against them. This guide provides you with an introduction to investing and looks at some of the practical considerations you need to take into account. We also examine commonly held beliefs about women as investors and the roots of these beliefs. more...

Investment webcasts for financial advisers and paraplanners - BNY Mellon: Absolute Insight Fund Teleconference

Sonja Uys, manager on the Absolute Insight Fund will provide an update on the Fund's performance. more...

Investment event for financial advisers - Why Newton Real Return remains highly relevant to today's investors

Some investors are questioning the need for absolute return vehicles given the accelerating economic recovery however. more...

Webcasts for Financial Advisers and paraplanners - BNY Mellon: Absolute Insight Fund Teleconference

Sonja Uys, manager on the Absolute Insight Fund will provide an update on the Fund's performance and asset allocation. more...

Regulatory Update for Financial Advisers - BNY Mellon: Full disclosure: the FCA answers your questions

The Financial Conduct Authority's head of savings, distribution and investment policy David Geale answers advisers' questions on transparency, platform costs and independence. more...

Investment News for advisers - BNY Mellon: Newton Emerging Income Fund teleconference - an update with Sophia Whitbread

Wednesday, June 11, 2014 10:30, Sophia Whitbread, manager on the Newton Emerging Income Fund will provide an update on the Fund's performance and asset allocation. more...

Investment news for financial advisers and paraplanners - BNY Mellon: 5 Questions Every Absolute Return Investor Should Ask...

In just a few years, the Absolute Return sector has grown exponentially in both size and complexity. With a wide variance of returns from funds using diverse strategies, it's crucial to understand the factors that influence fund volatility and flexibility. more...

Investment news for advisers - BNY Mellon: Samba beat threatens to slow

With elections in Brazil planned for October, President Dilma faces a tough fight to be re-elected more...

Investment webcast for financial advisers and paraplanners - BNY Mellon: Newton Managed Income Fund Teleconference

Paul Flood, manager on the Newton Managed Income Fund will provide an update on the Fund's performance and asset allocation. more...

BNY Mellon: Newton’s Pidcock sees casinos as no gamble

China remains a concern for Newton’s Jason Pidcock but he’s happy to maintain Macau casino exposure more...

Investment news for advisers - BNY Mellon: Emerging markets- value trap or investment opportunity?

While value traps exist, emerging markets can provide compelling opportunities, says Newton’s Pidcock more...

Investment news for advisers - BNY Mellon: Update on Russia

Urban Larson, Senior Emerging Markets Debt Product Specialist at Standish Urban is a full time member of Standish's Emerging Markets Debt team, responsible for communicating the team’s views both internally and externally. He participates in all of the team’s strategy discussions, speaks regularly with existing and prospective clients and writes all of the monthly and quarterly reports. more...

Investment news for advisers and Paraplaners - Around the World in 80 Minutes roadshow

Book your seat on a global tour of investment opportunities. more...