NEWS & INSIGHTS

Welcome to another edition of Vantage Point, the quarterly economic and markets outlook from the BNY Investment Institute.

Fixed income has long been regarded as a tool for capital preservation, liability hedging and predictable income streams. But in an era of elevated absolute yields and steeper yield curves, Insight Investment believes the asset class merits a fresh look. In a new report, Insight argues fixed income is not just for defence, but also a genuine engine of long-term capital growth.

Experts from across BNY gathered to debate markets. Take a seat at the table, through this report, which shares key views from the discussions.

BNY Investments Dreyfus chief economist and macro strategist, Vincent Reinhart looks ahead to the September meeting of the Federal Open Market Committee, expecting the Federal Reserve to cut its policy rate by 25 basis points.

In this video, Insight Investment portfolio manager Fabien Collado assesses the euro corporate bond market, arguing why he believes it is in a ‘good place’.

In this video, Walter Scott client investment manager Murdo MacLean assesses Europe's shifting defence sector and why Walter Scott is underweight in this area.

In this video, Walter Scott client investment manager George Dent argues that despite their growing popularity, stablecoins are not likely to usurp traditional payment methods such as credit cards soon – especially when it comes to everyday retail payments.

In this video, Walter Scott client investment manager Murdo MacLean reflects on a volatile period for global equity markets and outlines why he believes diversification and valuations matter.