Extended-lister
Showing 1 - 10 of 143 entries
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MSCI Blog
After Evergrande: Bond Liquidity of Chinese Property DevelopersEvergrande, one of China’s largest and most indebted property developers, had a recent close brush with bankruptcy that generated considerable concern among global bond investors. In this time of distress, how has market liquidity responded?
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MSCI Blog
How Climate Change Could Impact Credit RiskInvestors are increasingly focused on gauging the risks related to climate change. We investigated how various climate scenarios could impact the credit risk of portfolios. In one scenario, 16% of investment-grade issuers could migrate to high yield.
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MSCI Blog
Housing-Bubble Déjà VuThe U.S. in the past year recorded the highest national house-price appreciation in recent decades. Does the run-up in home prices represent housing-bubble déjà vu? And what can MBS investors do to assess their mortgage credit risk?
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MSCI Blog
Assessing Private Infrastructure in a Multi-Asset-Class PortfolioPrivate infrastructure is a popular element of institutional capital allocations, and increased focus on renewable or carbon-neutral infrastructure may mean significant new investment opportunities. What role could it play in a multi-asset-class portfolio?
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MSCI Blog
Managing Against MBS Indexes: A Duration PerspectiveMortgage-backed securities constitute a significant portion of fixed-income indexes. Managing MBS portfolios against these indexes depends heavily on an understanding of the dynamics of MBS duration, especially in volatile markets.
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MSCI Blog
Credit Strategies During the COVID-19 CrisisShort-term credit spreads widened to a greater extent than long-term spreads during the March 2020 COVID-19 crisis. As a result, many U.S. corporate-issuer spread curves flattened or even inverted. What were the implications for corporate-bond investors?
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MSCI Blog
What Could a Rate Hike Mean for Portfolios?Although the Federal Reserve may not begin raising rates anytime soon, U.S. and global markets are scrutinizing the Fed’s communications about the likely course of policy actions. We consider three scenarios for the timing of policy responses.
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MSCI Blog
How Might Inflation Impact Funding Ratios?We analyzed two multiperiod inflation scenarios to understand how the funding ratios of defined-benefit pension funds could evolve in each and what they could mean for a pension fund in terms of special contributions over the next 10 years.
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MSCI Blog
What Can Liquidity Tell Us About ETF Prices?As thematic equity ETFs have grown in popularity, concerns have been raised about their liquidity — especially when an ETF holds a large fraction of a constituent’s shares. How can ETF investors get a handle on this risk?
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MSCI Blog
What Can Loan-Level Data Reveal About US Auto-Loan ABS?U.S. regulators required issuers by Nov. 23, 2016, to disclose data on individual loans bundled into auto-loan asset-backed securities. We looked at whether incorporating loan-level data into our model could sharpen our analysis of this ABS segment.