Extended-lister
Showing 81 - 90 of 143 entries
-
MSCI Blog
A coronavirus stress test for global marketsAfter the coronavirus spread to multiple continents, markets recorded the worst week since the crisis. How much further could markets drop if epidemic turns into pandemic? Our stress test indicates room for further losses.
-
MSCI Blog
Navigating market volatility with agency MBS modelsWe performed our annual review of MSCI’s model for managing prepayment and interest-rate risk in agency mortgage-backed securities. How closely did the model’s forecasts anticipate what we observed in the market?
-
MSCI Blog
The coronavirus epidemic: Implications for marketsThe toll from the coronavirus has been felt throughout societies, leading to repercussions on the global economy and financial markets. We examine investor impact through markets’ economic exposures to China and factors and by stress testing portfolios.
-
MSCI Blog
Trade deal broadened access to China’s nonperforming loansThe phase-one U.S.-China trade deal lets U.S. asset managers acquire nonperforming loans directly from Chinese banks. We assess the market’s characteristics, as investors face challenges estimating recovery rates and liquidation timing of these loans.
-
MSCI Blog
Did corporate-credit factors offer a risk-return edge?Factors have gained popularity in equity investing for providing insight into the key drivers of portfolio risk and returns. Did tilting hypothetical fixed-income portfolios toward some bond-specific factors benefit investors?
-
MSCI Blog
Counterparty credit risk and the initial-margin big bangA forthcoming global regulatory standard will require derivatives users to estimate mandatory initial margin on their portfolios. The choice of model methodology may have a significant impact on this calculation.
-
MSCI Blog
MBS prepayment in 2020: Looking back, looking aheadDrawing on two decades of U.S. data on MBS prepayment and borrower incentives to refinance, we used our model to look at three potential prepayment themes for 2020.
-
MSCI Blog
Synthetic CDOs: Back in vogue but not without riskAs credit spreads have gradually declined, investors have increasingly been focusing their attention on more complex instruments including synthetic Collateralized Debt Obligations in the search for yield. However, the risks of these investments — including the senior tranches — should not be overlooked.
-
MSCI Blog
Looking to the futures of emerging marketsEmerging-market (EM) equities have delivered unique risk and return characteristics over the last 30 years. Are futures on EM stocks a liquid enough means to gain exposure during normal and stressed conditions?
-
MSCI Blog
Has global sovereign rates momentum headed in reverse?Momentum can be an important factor in sovereign-rates markets. But investors concerned with exposures to short-term rate movements in global bond markets may wish to ask themselves whether the trend is indeed their friend.