Blockchain – the beginning of a new technological revolution?

| 26 April 2018 | Kristina Hooper, Chief Global Market Strategist, Invesco Ltd

 

In this short video, Kristina Hooper, Chief Global Market Strategist, Invesco, introduces the latest research and articles featured in the new issue of Risk & Reward.

In the latest Risk & Reward magazine we discuss bitcoins and other cryptocurrencies, look at what makes blockchain technology so interesting and why a wide variety of industries are so fascinated by the long-term potential of cryptotokens.

Blockchain and cryptotokens: The latest frenzy

Bitcoin and other cryptotokens have captivated a large segment of the retail investment world in ways not seen since the dotcom bubble of 1998-2000. It is undoubtedly a speculative bubble. Yet most speculative bubbles have something real and potentially transformative underpinning them.

The long-term secular growth feels pretty unstoppable given the power of this technology and the talent flocking to the space.

Interview with Chris Burniske, a partner at Placeholder, a venture capital firm based in New York that invests in decentralized information networks. We spoke with him about his new book, Cryptoassets: The Innovative Investor’s Guide to Bitcoin and Beyond, and to learn about the challenges and opportunities presented by this emerging asset class.

Tailoring multi-asset multi-factor strategies

Factor investing cuts through the traditional way of organising an investor’s asset allocation. But not every investor can go directly for the magic bullet solution – especially if an allocation to traditional asset classes is already in place. So, how do multi-asset factors work in such a context?

Responsible investing in focus: Emerging market bonds

Can an ESG -focused fundamental analysis improve the assessment of investment risk? What is the impact of ESG investment objectives on returns? Is responsible investing likely to have a positive impact on the world? We believe that emerging market bonds offer some compelling insights into these questions.

Currency management with style

Currency hedging is often approached with an all-or-nothing mentality: either full hedging of all foreign exchange positions or no hedging at all. However, in this article we suggest a more nuanced alternative.

Econometric time series models: Part 8

In our series, we have presented many different time series models and the user often can’t see the wood for the trees. For even if a model passes all the tests, the “true” model can be quite a different story. Bayesian Model Sampling helps solve this problem – it also marks the end of our series.

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Investment risks

The value of investments and any income will fluctuate (this may partly be result of exchange rate fluctuations) and investors may not get back the full amount invested.

Important information

Data as at 28 February 2018, unless otherwise stated.

Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice.

This webpage is marketing material and is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell securities.

Kristina Hooper

Kristina Hooper

Chief Global Market Strategist, Invesco Ltd

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