As the hope and hype surrounding Artificial Intelligence persists, so too does the curiosity of insurance companies regarding its potential uses. In these early stages, insurance companies are asking more-and-more about how A.I. is being used in the investment management process. View Survey >>
Global equities gained in the third quarter despite pronounced volatility on several occasions. Emerging markets performed strongly, supported by the announcement of new stimulus measures in China. Interest rate cuts in the quarter, and the prospect of more to come, helped fixed income markets to deliver solid returns.
We’re off to the rate cutting races as the Fed went out the gate with a 50-bps rate cut in September. In support of this action, the Fed conveyed that various inflation measures continue to ease, and that labor market supply/demand metrics remain solid but cooling.