This latest quarterly issue of “ViewPoint” features an interview in which the bank’s chief investment officer discusses his outlook for the global economy and capital markets for 2012. He notes that the U.S. should exhibit positive growth, boosted by capital spending, and that a growing U.S. economy should keep the global economy in positive territory despite the situation in Europe.
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Income-generating vehicles make a lot of sense in this environment. Last year, a key part of our message was to focus on yield-oriented strategies, ranging from high-yield equity managers to energy MLPs to floating rate debt and emerging market bonds. We believe that adding to the enhanced yield strategy through a position in non-investment-grade debt may improve risk-adjusted portfolio results in the months ahead.
The financial crisis that began almost five years ago is still with us, and we are still dominated by the events unfolding in Europe. What are some of the root causes of the crisis, and what is the future likely to hold? This white paper examines the evolution of the financial crisis and offers advice on how investors might best navigate the complex future we face.
Privately held companies are susceptible to a range of allegations brought by employees, customers, creditors, and government regulatory agencies. However, a comprehensive D&O insurance policy from a qualified insurer can absorb many of the risks to which managers and fiduciaries of private companies are exposed.
With incidents of Internet crime surpassing 300,000 annually and continuing to grow, computer users are wise to watch for the warning signs that their computers are being hacked and to be proactive in protecting themselves. This article provides best practices for preventing security breaches as well as a checklist to help maintain your personal security.
This Educational Insights discusses the unique estate tax and insurance implications of owning real estate in multiple jurisdictions.
Against the backdrop of a double decoupling in growth and inflation between economies in the developed and emerging worlds, investment experts gathered to reappraise and analyze the global economic and financial situation and outlook. The key points and conclusions from their discussions are presented in this new, annual publication.
A properly structured, funded, and invested dynasty trust can be a powerful tool in achieving significant tax savings on the transfer of wealth across generations. This paper discusses the tax benefits of dynasty trusts under Delaware law as well as funding and investment management strategies to consider.
The U.S. will continue its expansion in 2012, but solid global growth depends on Europe experiencing only a moderate recession and the emerging market economies gaining momentum as the year progresses. Less inflationary pressure should help growth, but intermittent financial market pressures from the European debt crisis likely will cap investor risk appetite.
To cope with potential rising inflation, it is important to ensure that portfolios include meaningful exposure to a broader set of assets than just stocks and bonds, especially assets that tend to preserve value in an inflationary environment. This paper reviews the role of real assets in an investor's portfolio and introduces a comprehensive approach to real assets investing.