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プライベート・マーケット 5 分間で理解する 25年10月20日
ダニエル・サックスは、スウェーデンの資産運用業界では広く知られる存在です。Pキャピタル・パートナーズ(PCP)を20年以上にわたって率い、起業家やファミリー企業向けにプライベートクレジットのソリューションを提供してきました。今年、M&GはPCP株式の過半数を取得し、PCPはM&Gの一員になりました。そこで、ダニエルにこれまでのキャリアや、なぜ今後もノンスポンサー・プライベートクレジットの投資機会が拡大すると考えるのかなどについて訊きました(聞き手:サイモン・シャープ)。
プライベート・マーケット 5 分間で理解する 25年10月20日
ダニエル・サックスは、スウェーデンの資産運用業界では広く知られる存在です。Pキャピタル・パートナーズ(PCP)を20年以上にわたって率い、起業家やファミリー企業向けにプライベートクレジットのソリューションを提供してきました。今年、M&GはPCP株式の過半数を取得し、PCPはM&Gの一員になりました。そこで、ダニエルにこれまでのキャリアや、なぜ今後もノンスポンサー・プライベートクレジットの投資機会が拡大すると考えるのかなどについて訊きました(聞き手:サイモン・シャープ)。
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債券 10 分間で理解する 25年10月20日
社債市場のタイトなスプレッドは、マクロ経済および地政学上の深刻なリスクを隠し、投資家の間には過度な安心感が広がっているようです。膨らむ政府債務、中央銀行の独立性への疑問、さらにはマクロ・ミクロ経済リスクの高まりといった現在の難局を乗り切るために、債券投資家が注目すべきポイントをハリエット・ハバーガムが解説します。
債券 10 分間で理解する 25年10月20日
社債市場のタイトなスプレッドは、マクロ経済および地政学上の深刻なリスクを隠し、投資家の間には過度な安心感が広がっているようです。膨らむ政府債務、中央銀行の独立性への疑問、さらにはマクロ・ミクロ経済リスクの高まりといった現在の難局を乗り切るために、債券投資家が注目すべきポイントをハリエット・ハバーガムが解説します。
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債券 8 分間で理解する 25年10月21日
投資家として確かな実績を築くためには、自分にしかない強みが必要です。その強みが何で、どう言語化すればいいのかが分からなければ、他者と同じリターンしか得られないでしょう。M&Gのファンダメンタル・クレジット部 共同ヘッドのリチャード・ライアンは、ファンダメンタル・クレジット・チームの強みの一つは、市場の予測をせず、リスクに見合ったリターンが得られるかどうかを評価することに集中している点だと言います。
債券 8 分間で理解する 25年10月21日
投資家として確かな実績を築くためには、自分にしかない強みが必要です。その強みが何で、どう言語化すればいいのかが分からなければ、他者と同じリターンしか得られないでしょう。M&Gのファンダメンタル・クレジット部 共同ヘッドのリチャード・ライアンは、ファンダメンタル・クレジット・チームの強みの一つは、市場の予測をせず、リスクに見合ったリターンが得られるかどうかを評価することに集中している点だと言います。
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7 分間で理解する 25年10月20日
世界が急速に変革しているにもかかわらず、次世代型の経済を創造する企業は往々にして見過ごされがちです。私たちは、現在、個人投資家がこのような次世代型経済への移行をけん引する未公開(プライベート)企業に投資できるユニークな機会が存在すると考えています。
7 分間で理解する 25年10月20日
世界が急速に変革しているにもかかわらず、次世代型の経済を創造する企業は往々にして見過ごされがちです。私たちは、現在、個人投資家がこのような次世代型経済への移行をけん引する未公開(プライベート)企業に投資できるユニークな機会が存在すると考えています。
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9 分間で理解する 25年10月20日
不安定な経済や地政学的な関係の悪化を背景に、投資家は米国に偏重したポートフォリオの見直しを進めています。進行中の「グレート・ローテーション」によって、投資家の注目は欧州とアジア太平洋地域(APAC)へ移っており、不動産市場において回復力が高い住宅セクターは、先行き不透明な状況下で魅力的なリターンを提供しています。住宅供給状況と学生の就学スタイルがより流動的になっているという長期的な追い風を背景に、欧州とAPACの住宅セクターは将来の成長をけん引できるのでしょうか。
9 分間で理解する 25年10月20日
不安定な経済や地政学的な関係の悪化を背景に、投資家は米国に偏重したポートフォリオの見直しを進めています。進行中の「グレート・ローテーション」によって、投資家の注目は欧州とアジア太平洋地域(APAC)へ移っており、不動産市場において回復力が高い住宅セクターは、先行き不透明な状況下で魅力的なリターンを提供しています。住宅供給状況と学生の就学スタイルがより流動的になっているという長期的な追い風を背景に、欧州とAPACの住宅セクターは将来の成長をけん引できるのでしょうか。
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不確実性が常態化した今、信念を貫くことはかつてないほど重要である一方で、より複雑になっています。日本語版Ampersandでは、オリジナル版(英語)から日本の投資家の皆様にご関心が高いと思われるコンテンツをピックアップし、日本語にしてお届けします。本稿でご紹介するM&Gの視点や、変化の激しい環境で信念を貫くことの意義が、皆さまの資産運用のヒントとなれば幸いです。
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プライベート・マーケット
5 分間で理解する 25年10月20日
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債券
10 分間で理解する 25年10月20日
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債券
8 分間で理解する 25年10月21日
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7 分間で理解する 25年10月20日
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9 分間で理解する 25年10月20日
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マルチアセット
8 分間で理解する 25年10月21日
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In the Disruption Edition of Ampersand, we explore how rapid market, geopolitical and technological change is reshaping the global investment landscape. From sovereign debt and artificial intelligence to equity income and private markets, this edition looks at how long-held assumptions are being challenged, offering a forward-looking perspective for investors navigating a world in flux.
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In Issue 3 of Ampersand, we explore the diverse and evolving landscape of Asia and emerging markets at a time of shifting growth dynamics and geopolitical tension. From China, India and Asian credit to private markets and real estate, this edition looks at why a more targeted, active approach is critical for investors navigating uneven risk and opportunity.
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In Issue 2 of Ampersand, we explore how investors can navigate increasingly complex and volatile markets shaped by geopolitical change, technological disruption and economic uncertainty. From equities and credit to infrastructure, private markets and asset allocation, this edition looks at how identifying durable themes and remaining selective can help investors chart a course through change.
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In our inaugural issue of Ampersand, we explore how investors can step back from a fast-moving news cycle to focus on long-term themes shaping global markets. From innovation and inflation to private markets and sovereign debt, this edition sets out M&G’s investment philosophy, offering considered insight, depth of analysis and a long-term perspective for investors.
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最新のAmpersandおよびその他のインサイトへのメール配信登録はこちら。
今すぐ登録
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M&G Investments Japan 株式会社
金融商品取引業者 関東財務局長(金商)第2942号
金融商品取引業の種別:投資運用業、投資助言・代理業、第二種金融商品取引業
加入協会:一般社団法人資産運用業協会、一般社団法人 第二種金融商品取引業協会