Knowledge Centre Archive
Knowledge Centre Archive
The Knowledge Center is your source for perspectives on industry challenges and opportunities affecting you and your clients. Below are materials from SEI's Investment Management Unit. For industry-specific thought leadership, please visit the following sections:
Central Bank Policy Shifts Highlight Diverging Bond YieldsSep172014Article
Monthly Market Commentary - 2014 AugustSep92014Article
Economic expansion continued to unfold at disparate paces across developed markets. New data showed signs of shifting growth trajectories, putting pressure on central banks to modify current levels of accommodation. Fixed-income and equity markets fared better in August than during the prior month. Corporate bonds led other fixed-income segments and the Americas outpaced other regions for equity performance. Even with somewhat elevated developed-market equity valuations and narrow credit spreads, we see room for markets to move higher and would be inclined to buy on a correction
Behavioural Finance: Rules of Thumb and RepresentativenessJul162014Article
The discipline of investing has many “rules of thumb” that often lead investors astray.Representativeness can be defined as, “What are the odds that A belongs to category B?” By assuming all investment opportunities are new and unique we can avoid the representativeness heuristic.
Risk Parity: The ConceptSep32013Article
Investors are typically counselled to diversify capital across asset classes in an effort to reduce risk. In light of this, it could be something of a surprise to learn just how concentrated a traditionally diversified portfolio may be in terms of its sources of risk.
Investment Fundamentals: Bond Market MathsAug72013Article
In recent years, global central banks have kept interest rates low in an effort to support the struggling global economy. Since hitting multi-generational lows, interest rates (and bond yields) have spiked significantly higher.
Commentary: Outlook on Global Sovereign DebtMar302010Article
Fears about sovereign debt have escalated in recent months, as the global recession has forced governments to run massive deficits. Media attention has led to speculation about possible sovereign debt defaults and raised questions about the viability of investing in sovereign debt securities issued by developed nations. Download our five-page commentary.
Commentary: A Brief History of US Economic Crises: 1929 - PresentDec102008Article
While no two economic crises have been alike, one factor that they share is that they have all ultimately ushered in a new age of economic growth and prosperity of varying length—hopefully with many lessons learned.