Low Rates For A Long, Long time – The Impact On Global Asset Managers
The investment world continues to tangle with an environment that is not the norm. Central banks continue to remain cautious and promoting “easy money” policies that entail low interest rates and QE programs, adding liquidity to the markets. Switzerland, for example, has interest rates set at -.75%, Denmark’s interest rate is also at -.75% and Sweden has its interest rates at -.10%, these negative rates make it extremely difficult for investors looking for yield. Equities certainly benefit in this environment, but, according to a Morgan Stanley Global Insight report, asset managers are increasingly turning to multi-asset, alternatives such as real...