iCapital’s Post

Part II of Our Interview with Greg Holst of JPMorgan  In Part II, Greg Holst, CFA of JPMorgan shares his philosophies on investing in fixed income markets, as well as potential opportunities in today’s market. #weeklyinsights

Part II of Our Interview with Greg Holst of JPMorgan In Part II, Greg Holst of JPMorgan shares his philosophies on investing in fixed income markets, as well as potential opportunities in today’s market. #weeklyinsights

Check out the latest episode where Jeff Levin, Co-Head of North America Private Credit at Morgan Stanley, sheds light on the misinterpreted world of private credit. Learn how Morgan Stanley's integration with the broader investment banking ecosystem supports a strategic focus on stable businesses. Anastasia Amoroso, iCapital's Chief Investment Strategist, brings forward new insights on alternative investing strategies. https://lnkd.in/dXBVia5D #PrivateDebt #PrivateCredit

Andrew Sheets, Head of Corporate Credit Research at Morgan Stanley, highlights a significant trend in the latest "Thoughts on the Market": the rise of money market funds, now boasting around $6 trillion in assets. However, with the Federal Reserve likely to cut rates in 2024, the appeal of these funds could diminish. This shift might steer investors towards other asset classes. Join us for more insights into adapting to these evolving market conditions. #MarketTrends #MorganStanley #FinancialInsights

Money is a broad and complex subject. Watch as Morgan Stanley Financial Advisor Simon Petro, CFP®, CPWA® breaks down some key things to know. For additional insights, visit: https://mgstn.ly/4ajwKfO #financialliteracymonth #financialliteracy #financialwellness

It surprising to see that some investor still speak about credit rating after what happened in the 2008 crisis. Not naming any but we all know that some prestigious rating agencies run on "issuer-pays" model, which can lead to inflated scores that don’t reflect the real risk. This bias misled investors during the 2008 crisis when highly rated securities defaulted.  It’s a reminder to all investors: Always dig deeper. What do you think about credit ratings? Let’s chat! #Finance #CreditRatings #Trust

The world’s bond markets are getting an equity market makeover. Great insight on how private credit and ETFs are shaking up the market, and posing a threat to active bond fund managers.

My latest for the Financial Times on where next for private credit, bond ETFs, and why the barbell tolls for fixed income investing “A trio of recent records tells us something important about capital markets: that the “barbell effect” long associated with equity investing is now playing out in the bond markets in earnest. This shift underscores just how much the market structure of finance is changing.” Full link here: https://ow.ly/sMAw50Tu6cQ #banking #centralbanks #privatecredit Oliver Wyman Morgan Stanley Tony Tassell and Harriet Agnew

I find this very interesting, in the past month or so I've mentioned that as advisors people assume that we are competent. It's an industry role where it comes with the territory. However, for some firms and for some advisors that is not the case so there's a warning here. This chart below shows the results or what happens when markets crash such as the 2008 financial crisis. The goal is to be in the top right, warm and competent. But if you look at what happened to firms after the GFC of 2008, they are in the bottom left, not good territory. When clients lose money, their view of your competence goes down. Not every advisor struggles with this based on your methodology of choosing investments and how you manage clients money but it is a good warning that if you are actively buying, selling, trading etc. for your clients, there may come a time where their patience runs thin and see your ability, or lack thereof, as low. Good to think of as we all know, the next market crash will come whether you like it or not. #trust #clientexperience #competence #markets #investmentstrategy #anholtgroup #thetrustmandate

September's roundup of top news items impacting the bond markets include the Securities and Exchange Commission's $1.3 million wave of fines against advisors, Trump touting the creation of a U.S. sovereign wealth fund and more. #bondmarkets