The global economy is expected to contract by 3 per cent this calendar year 1 , though some market economists expect it to be more. Unemployment is soaring. Businesses are closing. The only question is whether it’s a recession, a depression or something completely new to economics a hiber cession. But what about the recovery? When will it come and what will it look like?

Even as one of the most compelling opportunity sets in the world, Chinese distressed debt investment remains less understood. In this white paper, ShoreVest seeks to give an overview of this asset class and highlight the intricate know-how that makes it a successful investment.

The report makes a clear case for limiting global warming to well below 2ºC, which will require fast and significant structural changes in the global economy – and meaningful action from policymakers, financial institutions and corporations.

Climate change poses new challenges to central banks, regulators and supervisors. This book reviews ways of addressing these new risks within central banks’ financial stability mandate.

Allocators are wrestling to understand how they should respond to an investment landscape reshaped by a global pandemic strangling economic activity and unleashing powerful public policy responses. This paper is designed to help investors navigate the current dislocated credit markets as they look to determine which strategies are the most appropriate for their particular circumstances.

“The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom,” wrote
science fiction writer Isaac Asimov—a thought that rings true today as policymakers struggle to catch up with
what’s occurring in the world.

Artificially low rates are causing multiple distortions and pockets of heightened risks and while the current environment may be unprecedented, it need not be incomprehensible. Investors who understand the dynamics driving low rates may be positioned to take advantage of promising opportunities.