Chinese corporate bonds that convert to A shares display equity-like characteristics. But investors who view these securities as equities in disguise are overlooking the complexities of the asset class.

Introducing the MSCI Liquidity Risk Monitor, a new quarterly report that demonstrates the development of several liquidity risk indicators over the previous 12 months. In this report we focus on U.S. and non-U.S. corporate bonds and bank loans liquidity.

Brexit has roiled markets since U.K. voters chose “leave” in the June 2016 referendum. We used our stress-testing model to examine how markets could react to deal and no-deal scenarios.

Write-down protection doesn’t extend to a new bond category issued by too-big-to-fail European banks: senior non-preferred. Investors in senior debt may wish to consider these bonds’ recovery risk.

MBS prepayment risk is a complex topic. But is it too complex for an AI-based model using neural networks?

We compare two techniques for the increasingly important task of estimating factor exposure for stocks and portfolios — one based on time-series regression models, the other on observable firm characteristics.

The explosion in alternative data has been a blessing and a curse to investment managers. We have identified one source that provided unique and uncorrelated information when added to analysis of traditional factors and other measures of sentiment.