Partners In Investing

Quality stocks have both outperformed over the long haul and protected during market drawdowns, making them uniquely suited for the current market environment.

Chris Heelan, Deborah Ng, and George Sakoulis discuss GMO’s research efforts in carbon transition risk and indirect emissions as well as the opportunities available in GMO’s Green Revenues strategy.

The first in a series of papers from James Montier that seeks to explore why U.S. profit margins have remained elevated for the last 10 or so years compared to history.

A quality-tilted emerging market local currency debt portfolio can offer the benefits of accessing emerging market risk premia while preserving the defensive properties of developed market bonds.

Buying current coupon MBS is a way to gain exposure to the cheapness of the mortgage market while expressing a view that high levels of volatility will mean revert.

Valuation metrics across all but the U.S. interest rate dimension remain unambiguously attractive.

Though designed to maintain financial safety, we’ve found AT1s to be flawed instruments that are contingently junior to equity in practice.

CMBS spreads currently present a rich, value-driven opportunity to fixed income investors.