CIO reading list: Late-cycle investing, climate risks, and more

Focusing on efficient allocation in an uncertain world

In this edition of Savvy Investor's monthly CIO Reading List, we bring together timely views on topics such as climate investing, portfolio positioning, central bank policies, inflationary forces, among others. Explore content from top asset managers and financial institutions such as Nomura, Man Group, PGIM, and more.

For CIOs

The Early View: Under Pressure (Man Group)

Outlook for Q4: Another sovereign debt crisis? What about AI?

Late-Cycle Investing (PGIM)

For compliance reasons, this paper is only accessible in certain geographies

What's new, and how to rethink the case for de-risking.

Climate Re[solution] (Nuveen)

As climate solutions investing shifts from being emissions-focused to outcomes-based, what climate outcomes are investors achieving with their capital across their portfolio?

4 Key Questions for Investors to Ask at the Start of Q4 (Morningstar Indexes)

How will higher bond yields affect asset prices? Will AI giveth or taketh away? Will equity market leadership continue to evolve? What direction will commodities markets take?

RE Credit: Targeted Solutions for a Shifting Market Landscape (Manulife IM)

For compliance reasons, this paper is only accessible in certain geographies

A shift in opportunity: why real estate credit, and why now?

From CIOs

The Good, the Bad and the Bubbly (Arbion)

The potential for stronger equity markets next year, should current headwinds ease, and why fixed income offers attractive opportunities for both returns and portfolio protection.

The Short and Long: Q4 Macro Investment View (Citi Wealth)

What are the three major questions investors should be focused on that matter for markets and portfolios in Q4 and beyond?

Inflation: A Feature, Not a Bug (Nomura)

A sticky inflation regime should be part of investors' baseline thinking. Portfolios should adjust to this in primarily two ways.

Missing Opportunities Part 2: From Shocks To Shock Absorbers (Merrill)

Are stronger growth and lower inflation likely to surface again as new policies take shape from the current environment?

AI and Economic Growth: Waiting for the Productivity Dividend (Deutsche Bank)

Economic growth ultimately depends on capital, labor, and productivity. AI can influence all three factors, but will the timing of its impact differ for each one?

Monthly CIO View October 2026 (Edmond de Rothschild)

Markets are looking for a new upswing, torn between the economy's resilience and rising interest rates.

Special Report

Between the Lines: Using Agentic AI to Score Company Narratives (STOXX)

How can agentic AI and large language models transform corporate narratives into systematic, auditable signals that complement traditional investment factors?