Malaysia unexpectedly raised its benchmark interest rate by a quarter point on Wednesday, as it sought to preemptively ward of any risk of future financial imbalance amid lingering price pressures. Bank Negara Malaysia hiked the overnight policy rate to 3%, a move predicted by just three out of 19 e...

By Stephan M Kessler, global head of quantitative investment strategies (QIS) research at Morgan Stanley, and Vishwanath Tirupattur, global head of Quantitative Research at Morgan Stanley, As year end approaches, one thing is clear: we will remember 2022 as a dismal year for traditional investment s...