BNY Mellon

7 February 2024
Are markets ripe for value investing
Are markets ripe for value investing

The economic impacts of deglobalisation, normalizing interest rates and the return of inflationary pressures are all factors which could provide an improving outlook for value investors, says Newton Investment Management1 deputy head of equity income and portfolio manager John Bailer.

7 February 2024
Market Watch: International Divergence
Market Watch: International Divergence

In this edition of Market Watch, Shamik Dhar, Chief Economist at BNY Mellon Investment Management, explores the persistent theme of divergence from 2023 continuing into 2024. Dhar delves into facets, including the weakening US labour market and geopolitical tensions around the Red Sea, that might mitigate the potential for a US soft landing.

31 January 2024
Looking ahead into 2024
Looking ahead into 2024

Has the luxury market peaked?

Walter Scott client investment manager George Dent considers whether growth in the luxury goods market has slowed.

16 January 2024
Leaping into 2024
Leaping into 2024

In 2024’s first edition of Market Watch, Shamik Dhar, chief economist at BNY Mellon Investment Management, explores market scenarios for this year. Dhar also underscores the significance of the ballot box in 2024, with close to 50% of the world’s population having elections.

17 November 2023
United States trumps Europe
United States trumps Europe

In this week’s Market Watch, Shamik Dhar chief economist, BNY Mellon Investment Managementdelves into the comparative market and economic performance of the United States and Europe. Dhar underscores four pivotal factors contributing to the superior performance of the United States, namely consumer robustness, fiscal policy, global interdependence, and fluctuations in international trade behavior. 

24 October 2023
Is the dollar untouchable?
Is the dollar untouchable?

The US dollar’s dominance is being questioned. But BNY Mellon Investment Management head of Asia macro and investment strategy Aninda Mitra thinks the currency remains untouchable.

24 October 2023
Why bonds are back in favour
Why bonds are back in favour

Newton head of mixed assets investment Paul Flood on why bonds are playing a bigger role in multi-asset strategies.

24 October 2023
Is cash still king?
Is cash still king?

Newton head of mixed assets investment Paul Flood on the role of cash in multi-asset strategies.

24 October 2023
How is the moderate strategy allocated
How is the moderate strategy allocated

Newton head of mixed assets investment Paul Flood talks about what he thinks makes a 'moderate' asset allocation. 

24 October 2023
Market Watch | October 12, 2023
Market Watch | October 12, 2023

In this week’s Market Watch Shamik  Dhar explores the recent boon of bond markets and bond yields, attributing this to  the markets realisation  interest rates will stay higher for longer. Moreover, Shamik Dhar teases his extensive research piece, Tidal Forces, on long term real interest rates. Find out more.

18 October 2023
Fixed income builds multi-asset appeal
Fixed income builds multi-asset appeal

Rising bond yields are attracting increasing interest from multi-asset investors despite wider fears about inflation and the potential for economic recession, says Newton head of mixed assets investment Paul Flood

12 October 2023
Finding the right balance
Finding the right balance

Against a much-changed backdrop compared with the past few years, Paul Flood, head of mixed assets investments at Newton, and Alison El-Araby, portfolio manager, look at the challenges and opportunities facing investors.

21 September 2023
Why income continues to shine
Why income continues to shine

For years loose monetary policy meant companies could spend cash on essentially what they liked. But the return of higher interest rates has changed that, creating an environment in which income stocks shine, says Newton global income portfolio manager Jon Bell.

21 September 2023
Leading the Way
Leading the Way

The combination of growth and resilience are attributes highly sought after by investors. In the form of the BNY Mellon Global Leaders Fund, Walter Scott has created exactly that. George Dent, investment manager at the firm, looks at what helps it’s strategy stand out from the crowd.

20 September 2023
Market Watch with Shamik Dhar | 75
Market Watch with Shamik Dhar | 75

In this week's Market Watch, Shamik delves into the likelihood of a recession, but his primary focus is on the market's optimism regarding a soft landing and recession avoidance. Shamik highlights four key reasons for this perspective. Discover these four factors and their global implications. 

15 August 2023
Market Watch with Shamik Dhar
Market Watch with Shamik Dhar

In this week's Market Watch, Shamik Dhar gives a taster of things to come over the next few weeks, exploring the potential of a soft landing and his views on the outcome for interest rates.

12 July 2023
The return of capital discipline
The return of capital discipline

Newton’s Jim Lydotes thinks shareholders have been overlooked by certain companies in recent years, but he says some sectors are leading the way in terms of capital discipline, enabling them to pay dividends.

30 June 2023
Market Watch with Shamik Dhar
Market Watch with Shamik Dhar

It is an important week for the UK with both inflation rates and the Bank of England policy decision coming out on Thursday. In this week’s Market Watch Shamik covers gilt yields, interest rate levels, mortgage rates and the possible repercussions these may have on the economy.

30 June 2023
Futureproofing against disruption
Futureproofing against disruption

Walter Scott client investment manager Murdo MacLean outlines how disruption is part and parcel of investing. Not every theme is investable today, however he sees attractive opportunities in companies with long-term horizons that can weather, and indeed benefit from, disruptive forces.

19 June 2023
Embracing volatility
Embracing volatility

Higher interest rates are here to stay but that is not necessarily a bad thing, according to BNY Mellon Investment Management chief economist Shamik Dhar. In fact, investors should embrace resulting volatility as it is likely to create asset allocation opportunities, he says.