At Mellon, we are research-driven investors. That passion infuses everything we do. We are pleased to present some of our insights.
Showing 88 results
Risk Parity: A Different Take on Diversification
Senior Portfolio Manager Roberto Croce explains how he diversifies within and across asset classes and across time.
The Cure to What Ails Healthcare
Our active equity experts examine their framework for identifying winning healthcare companies.
Economic & Market Observations: Powell the Padawan
Chief Economist Vincent Reinhart examines the U.S. economy and the Fed’s change of heart.
Eight Investment Themes for Global Growth
Mellon’s US Small Mid Cap Equity Team shares major insights from their thematic research.
Tulips Disguised as Toll Roads
Our global infrastructure experts review the hidden risks of direct infrastructure compared with publicly listed alternatives.
Fed Thoughts: Follow the Money
Chief Economist Vincent Reinhart discusses the Fed’s current emphasis on its balance sheet.
What Happened to the Quants in 2018?
Risk premia strategies were very sensitive to changes in risk appetite.
China-US Trade Warcraft: An Investigative Analysis
We explore the sea change fundamentally altering the crucial China-US trade dynamic.
An “Unfaithfully Yours” Brexit
Chief Economist Vincent Reinhart discusses potential Brexit outcomes and the motivation of EU and UK officials.
Are State Budgets Prepared For Lower Tax Revenues?
Some states are facing slower revenue growth as their 2020 budget negotiation process begins.
Fed Thoughts: PNATTMBTC
Chief Economist Vincent Reinhart suggests Fed communications may be an unreliable predictor of policy.
Why International Small Cap?
International small cap equities provide opportunity for attractive risk-adjusted returns and diversification benefits.
Fed Thoughts: Poles Apart
Chief Economist Vincent Reinhart discusses potential effects of the government shutdown on the Fed’s outlook.
Economic and Market Observations: A Really Big Show
Chief Economist Vincent Reinhart details the Fed’s goal of keeping “all the plates spinning.”
Multi-Asset Solutions that Go Beyond the Efficient Frontier
We explore the tension between risk and return created by today’s investment landscape.
Long Duration Bond Demand Shines Light on Implementation Costs, Concentration Risks
We discuss our innovative approach to investing in long duration corporate bonds.
Fed Thoughts: Wait Until Dark
Chief Economist Vincent Reinhart explains his outlook for Fed action when the "lights go out."
Stable Value vs. Money Market Yields Through Rate Cycles
We discuss the advantages of stable value funds versus money market funds through various interest rate environments.
Fed Thoughts: A Narrow Lane
Chief Economist Vincent Reinhart explains the lack of excitement about the recent Fed meeting and digests the bank's narrow lane.
Economics and Markets Update: Into Thin Air
Chief Economist Vincent Reinhart discusses his views on the Fed’s steady climb.
Beyond Traditional Infrastructure Investing
Holistic infrastructure investing can provide a better income solution.
Economic and Market Observations Update: October Fright Fest
Chief Economist Vincent Reinhart reviews a recent slasher movie - Global Equity Markets in October.
Economic and Market Observations: Trump, Trade, Twisters, and Trailer Parks
Chief Economist Vincent Reinhart reveals his expectations for the global economy and markets.
Social media: the invisible hand guiding consumer preferences.
Fed Thoughts: Stargazing in the Mountains
Chief Economist Vincent Reinhart contemplates the next Fed moves.
Large Ports Can Weather the Tariff Storm
Diverse operations and robust financials may help large ports withstand any reduced trade volumes.
When will Technological Progress Show Up in Productivity Statistics?
Chief Economist Vincent Reinhart addresses slow productivity growth despite technological progress.
Unchaining Distributed Ledger Technology
Use cases for distributed ledger technology go beyond the hype.
Bond Market Observations: Beam Them Up, Scotty
The Active Fixed Income Investment Committee discuss the Federal Reserve's plodding course and outline avenues to live long and prosper.
Fed Thoughts: Lattice Work
Chief Economist Vincent Reinhart discusses the implications from the Fed's lattice work.
Making Way for China A: Access the Onshore China Equity Market
The Equity Indexing team examines the implications of MSCI adding China A shares to their indexes.
Fed Thoughts: Passive Aggressive
Chief Economist Vincent Reinhart outlines the challenges facing Chair Powell in continuing to climb the Yellen staircase.
Global Macro Views
Calculating the global macroeconomic trajectory has recently become more complicated; we share our outlook.
Supreme Court Decisions to Have Limited Impact on Municipal Credits
The Municipal Bond Team discusses the significant implications of recent Supreme Court rulings, but the ultimate impact may be less than investors expect.
Muni Bond Demand Trends Shift Under New Tax Rules
Municipal bonds remain attractive in the wake of tax reform, and we expect flows to increase because of the largest buyers—retail investors.
Active global natural resource equities can be a better inflation hedge.
Case Study: Rethinking High Yield
Exploring solutions in the high yield space.
Bond Market Observations: Conviction and the Courage that Comes with Coupon
We share our views on the medium-term cross currents in the bond market.
Capital Inflow Bonanzas: An Update on an Old Theme
Chief Economist Vincent Reinhart explores the impact of capital inflow bonanzas on asset prices.
The Importance of Structured Liquidity in Stable Value Portfolios
The industry-wide thirst for liquidity brings new attention to investment managers. Our Stable Value team believes we can meet the demand.
Fed Thoughts: Zombie Apocalypse
Chief Economist Vincent Reinhart highlights why a zombie apocalypse may seem more likely than a Fed rate hike in May.
Field Notes: Observing the International Bureaucrat
Chief Economist Vincent Reinhart reveals the synchronous global expansion is more like a Great Convergence.
Global Macro Views
Despite tariffs and volatility, the world still turned reliably on its off-centered axis.
Munis in a Rising Rate Cycle
The advantages of municipal bonds in a rising rate environment.
Pass the Popcorn, Mr. President
Chief Economist Vincent Reinhart doesn't expect a significant impact from trade wars, but dramatic headlines will likely persist.
Uncovering the Hidden Risks of a New Geopolitical Era
Looking ahead, geopolitics will powerfully influence global equity markets.
Fed Thoughts: Back to the Future?
Chief Economist Vincent Reinhart sees a strong Fed tightening pace, which he believes should go smoothly as long as the Fed doesn’t overreact.
Impact of Political Willingness on Municipal Credit Quality
As the views of Democrats and Republicans widen, we believe it is more important to include political factors when analyzing municipal credits.
The Municipal Market and Climate Change
Our ESG analysis helps identify municipal issuers able to withstand the negative consequences of climate change.
Tracking the Next Energy Trend
Our environmental and safety letter campaign is gaining momentum.
Fed Thoughts: Welcome to the Job, Jay
When Federal Chair Powell opens a crisis management handbook, he will learn the first rule about a significant asset price move.
Bond Market Observations: Groundhog Day
The Active Fixed Income Investment Committee provides their thoughts and views on the February bond market.
Fed Thoughts: Interregnum
Chief Economist Reinhart’s thoughts on the upcoming FOMC Meeting.
Bond Market Observations: Déjà vu, All Over Again
The Active Fixed Income Investment Committee provides their thoughts and views on the current state of the bond market.
The Impact of Tax Reform on the Municipal Bond Market in 2018
Tax reform should be constructive for municipal bonds, but lower demand from banks and property and casualty insurers bears watching.
The Impact of Tax Reform on the Investment Grade Credit Market
Four key tax reform provisions are likely to impact the investment grade corporate credit market.
The Crypto Asset Iceberg
What are long-term implications of the rise of crypto assets?
U.S. Tax Reform: A Helpful Tailwind for Financials
Tax reform would provide an additional positive catalyst for Financials.
Fed Thoughts: Song of the Thin Man
Chief Economist Reinhart’s views on the upcoming FOMC meeting.
Global Macro Views
The Global Macro Committee offers an upbeat take on the global economy.
Bond Market Observations: Jingle, Jingle, Jingle
Recent activity data is upbeat, consumers appear confident, and meaningful fiscal impetus seems in motion in the US and, perhaps, elsewhere.
Collateral Consequences, Capital Flows, and Commodity Prices
Chief Economist Vincent Reinhart discusses the effects of recent unconventional central bank policies.
Bond Market Observations: Pilgrims' Progress?
Economic growth in advanced economies is broadly in sync and mostly outstrips that of potential output, adding to cost pressures.
Eight Investment Themes For Global Growth
The US Small Cap Growth team evaluates investment themes for the coming years.
Think Like a Tech Investor
As every company becomes a tech company, we urge every investor to think like a tech investor.
Unlocking Intrinsic Value
The Opportunistic Value team outlines its approach to intrinsic value investing.
Today's credit markets offer cheaper, more liquid access to those who know where to look.
The Next Energy Trend: Environmental and Safety Reporting
Linking environmental and safety performance to enterprise valuation.
Putting Steel In The Ground
U.S. infrastructure is poised for a resurgence in investment.
The ExxonMobil vote
The high profile resolution drew strong support from shareholders, including Mellon Capital. Was it meaningful or merely symbolic?
The Mounting Case for Eafe Equities
We believe EAFE equities present a compelling opportunity for absolute and relative performance.
The Return of Value
The Large Cap Value team believes a long-term rotation toward value is just beginning.
Hidden in plain sight - Synopsis
The search for alpha is elusive, but we see a path to excess returns.
Policy Triumvirate Accelerates Opportunity in Global Natural Resources
Policy changes are building the foundation for a natural resources recovery.
How Millennials Are Changing Food Industry Choices
Millennials are changing the food industry – through snacking.
After the U.S. Shale Revolution
Portfolio Manager Robin Wehbé explains September's oil market volatility.
Eight Investment Themes for Global Growth: 2016 & Beyond
The US Small Cap Growth team evaluates profit themes for the coming years.
Capitalizing on the Wide-Ranging Impact of Blockchain Technology (Blockchain – Part 3)
Our experts outline which industries could feel the biggest impact.
Wearable Technology: The Future of Fit
Activity-tracking devices could have a wide-ranging impact on health care.
Virtual Reality: From Wow to the Real World
This technology is on the cusp of transcending videogames.
The Transformation Toward Digital Liquidity (Blockchain – Part 2)
Blockchain could fundamentally change longstanding industry infrastructure.
Bitcoin: The New Smart Money (Blockchain – Part 1)
Cryptocurrencies and their underlying Blockchain technology have vast disruptive possibilities.
Emerging Markets: From Discovery to Distinction
Here are some ways to find winners in this asset class.
Automobiles and the Age of Autonomy
The megatrend of self-driving vehicles may transform the automotive industry.
Battle for Barrels: Race to Lower Oil
Energy companies go lean, perpetuating oil-price headwinds.
Eight Investment Themes for Global Growth (2015)
The US Small Cap Growth team evaluates profit themes that could create tailwinds for the economy.
Green Beta: Carbon Efficiency Investing
Will Cazalet and Karen Wong discuss a unique strategy designed to achieve both environmental and fiduciary objectives.
Quantitative Investing—A Perspective of the Last 40 Years
From its roots in the 1960s to today, Tom Loeb traces the 50-year evolution of quantitative investing approaches.