Investment insights
Traditionally investors have used equities, bonds and cash as the foundations of a balanced investment portfolio. However, with the advent of new investment techniques and with investors looking for new opportunities for new sources of return, more esoteric classes have grown in popularity. Learn here how these new asset classes are able to bring diversification to your portfolio.
The State of the Hedge Fund Industry
Hedge funds were not exempt from the carnage that rocked markets in 2008. John Anderson traces the background to the declines and then discusses where we are now, the likely effect posited changes will have on the industry and why hedge funds remain important as a source of risk adjusted returns.
Equities: overweight
It may not be too late for underweight equity portfolios to rectify these positions and benefit from further stock upside
China - recovery remains on track - November 2009
Why we continue to remain positive on China over the long term
European Equity Survey
How institutional investors are investing a year on from the credit crunch
Our latest research canvassed the activities, intentions and opinions of Europe's institutional investors in three areas - market expectations, asset allocation and rebalancing, investment approaches and strategy - to assess likely overall institutional investment trends within equity investment.
Emerging Markets Insight - September 2009
David Sharp and Edmund Brandt discuss the long-terms case for emerging markets, the risks that investors should bear in mind and the factors that may drive emerging market GDP and earnings growth in the coming years.
"The new world order": Reasons to invest in Asia
Since the market bottomed on 27 October 2008, the MSCI AC Asia ex-Japan Index has bounced 82% in US dollar terms. Recent market returns have reassured global investors of the opportunities that exist in the Asian markets - here we examine some of the key reasons why investor may wish to look towards the Far East.
Alternatives to normality
Some lessons from the credit crisis
In this paper, we revisit the benefits of diversification to alternatives in light of the current credit crisis. Focussing on 3 questions, our conclusion is that alternatives can make a valuable contribution to the characteristics of a portfolio and that allocating part of a portfolio to alternatives improves the overall return per unit of risk taken.
Global Convertible Bonds – an update, July 2009
Since the middle of the fourth quarter of 2008 we have started to see something of a rebound in many convertible bonds that had been oversold in the previous months. This has led to the question, 'when is the time to invest and is there still value in the asset class?'
Emerging Markets – Too big to ignore
Too Big to Ignore? It might not be fashionable to say this today, given the upheaval in financial markets over the past year, lingering economic uncertainties, volatility in most asset classes, and plenty of seemingly still-cheap assets around the globe.
Hedge Fund Industry Observation Series
Despite the continued volatility in equity markets in Q1 and the large drawdowns in January and February, a degree of normality could be returning to the hedge fund industry.
Convertible Bonds - lower volatility and equity-like returns for institutions seeking diversification
Convertibles are a hybrid between corporate bonds and equities, providing exposure to the upside potential of equities, but with the greater protection of bonds.
Private Equity: Insights into 2008 Fourth-Quarter Valuations
For private equity investors, a key implication of 2008's market turbulence - especially the dramatic declines in the fourth-quarter - is that the timely delivery of 2008 fourth-quarter valuation estimates has become more important than usual.
There are lots of opportunities
Often maligned, hedge funds can provide plenty of options to make substantial returns despite the current economic crisis. Originally produced in Professional Pensions October 2008.
Why Hedge Fund of Funds provide an ideal entry point?
Part 3 of our 3 part series on Hedge Funds
What should potential hedge Fund investors consider when making their selection?
Part 2 of our 3 part series on Hedge Funds
Why is there so much interest in Hedge Funds?
Choppy Waters
John Anderson of J.P. Morgan Asset Management, managing director, head of marketing client/client solutions group for Europe and the Middle East, explains why institutional investors have diversified their asset allocation into hedge funds.Originally produced in Professional Pensions April 2008.
J.P. Morgan Asset Management Alternative Asset Survey 2007
Gauging the views of 282 institutions across 12 European countries of their attitudes to and levels of investment in 'alternative' asset classes, we pose the question, 'Are alternatives now becoming mainstream?'
New Sources of Return - A report into the search for higher performance among Europe's institutional investors
In this 2004 survey, we have aimed to gain a Europe-wide overview of usage and understanding of the new generation of investment ideas such as portable alpha, absolute-return strategies and tactical asset allocation overlay.
European Alternative Investment Strategies Survey 2003
The European Alternative Investment Strategies Survey from J.P. Morgan is a ground-breaking report, which aims to gauge the attitudes of institutional investors across Europe towards non-traditional investment classes.
J.P. Morgan Market Views
Keep up to date with the views and analysis on events across world financial markets from J.P. Morgan Asset Management's strategists David Shairp and Tom Elliott.