United States
Shocks to Macroeconomic Factors
At Franklin Templeton, we believe that exploring the proverbial “what if” as it relates to client portfolios is an objective worth pursuing. We seek to challenge commonly held views by providing a differentiated perspective and approach to asset allocation.
Shocks to Macroeconomic Factors is a reflection of our ongoing conversations with asset owners and their consultants. It is through this dialogue that we explore the implications of unexpected changes, or “shocks”, and make them a fundamental part of our discussions.
Insights
Article
"What If...?" Shocks to Global Growth
The perils of “lazy portfolios” and the potential utility of “defensible space.”
Article
"What if...?" Shocks to Regulation
Why winter or spring may be on the horizon, and why it might be time to buy some snow shoes or sunscreen.
Article
"What if...?" Shocks to Interest Rates
Hear about inflection points and harken back to the good old days of the 1950s and ‘60s.
Article
"What If... " Shocks to Geopolitics
Hear about home country bias as a “shock absorber” and the risk of “expropriation”.
Article
"What If..." Shocks to Demographics
Why it’s time to master the “known unknowns” and to “do the math but guess the consequences.
Approach
Our investment specialists frequently speak with CIOs and key decision-makers about “what if…” asset allocation decisions. Experience has taught us that the most beneficial discussions come from exploring the implications of what might happen―not guessing the future―and being prepared for those risks. These conversations with investors inside and outside the walls of Franklin Templeton help spark our thinking.Contributors
Wylie Tollette, CFA, CPA
- Executive Vice President
- Head of Client Investment Solutions
Gene Podkaminer, CFA
- Senior Vice President
- Head of Multi-Asset Research Strategies
Drew Carrington, CFA, CAIA
- Head of Institutional Defined Contribution
Contact Us
We invite you to stay connected as we extend the conversation to include additional macroeconomic shocks — including geopolitics and aging and demographics.
Contact us to talk about any of these ideas or if you wish to meet with any of our investment experts.Important Legal Information:
Your clients should carefully consider a fund's investment goals, risks, charges and expenses before investing. Download a prospectus, which contains this and other information. Your clients should read the prospectus carefully before they invest or send money.
This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. It does not constitute legal or tax advice.
The views expressed are those of the investment manager and the comments, opinions and analyses are rendered as at publication date and may change without notice. The information provided in this material is not intended as a complete analysis of every material fact regarding any country, region or market. All investments involve risks, including possible loss of principal.
Data from third party sources may have been used in the preparation of this material and Franklin Templeton has not independently verified, validated or audited such data. Franklin Templeton accepts no liability whatsoever for any loss arising from use of this information and reliance upon the comments, opinions and analyses in the material is at the sole discretion of the user.
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Franklin Distributors, LLC. Member FINRA/SIPC. Prior to July 7, 2021, Franklin Templeton Distributors, Inc., and Legg Mason Investor Services, LLC served as mutual fund distributors for Franklin Templeton.
