KCCB News and Press, KraneShares CCBS China Corporate High Yield Bond USD Index From 12/08/21

Taking an active approach in fixed income will be key to finding investment success in the upcoming year. In 2022, we expect the market narrative to transition to the traditional expansionary phase of the business cycle. We believe 2022 will be a strong year for “rising sta...

Our key lessons of 2021: Stay anchored to your framework in the unique restart; appreciate the net-zero journey has started; and have courage of conviction. Markets switched to risk-off mode last week as the Omicron virus strain spread globally and the Fed warned of inflation risks an...

In high yield, investors tend to think about it as a risky way to play fixed income. A traditional 60/40 portfolio generates somewhere about 8.7% annualized returns over the last few decades. We think investors should really look at high-yield investing as a way to de-risk their e...

We believe that the green bond premium—already significant in some fixed income markets—is set to expand further, driven by increasing investor interest and a supportive regulatory environment. In corporate bond markets generally, greenium estimates vary in a wider range...

Performance of emerging markets local currency bonds has been negatively impacted by the U.S. dollar’s strength since mid-year, despite the higher real yields and upside growth surprises in many emerging markets. Currency returns can be volatile, and external factors can have a...

The first common misconception is that EM companies are all old-industry bad actors. The second common misconception is that EM corporate governance meaningfully lags that of developed markets. Because ESG risks in this arena can seem impossibly opaque or complex, many investors d...

Several organizations measure or estimate greenhouse gas emissions at a sovereign level, which means data should be collected, standardized, reported, and widely distributed. Collective investor action, which can manifest itself in different ways, is gaining prominence because of what...

It’s not uncommon for stakeholders in large organizations to have different views on the meaning of ESG and the importance of its pillars in defining organizational success. Both strategic and tactical asset allocation ultimately matter in portfolio construction and management ...

After the third quarter suddenly sagged, we are seeing optimistic forecasts for the fourth quarter. The key question is - will we sag, like the third quarter, or soar again, like the first two quarters? While there are some catalysts supporting the economy’s strength this quart...

We are moving from the recovery phase of the current cycle to its middle phase. But what kind of cycle is it likely to be? After 40 years of declining inflation and interest rates, the direction of travel appears to be changing, due to new central bank policy priorities, China’...