ING IM Update: Navigating the Global Financial Crisis

In light of the exceptional turbulence in global financial markets, ING Investment Management is monitoring events closely and is working diligently to communicate with clients their portfolio positions, plus provide insight in to how we are managing money in these volatile times.

	Dec 22 - The Big Three vs. The Big Eight: Lessons in Un-investable Industries Jed Latkin, Senior International Research Analyst more...

	Dec 22 - Radical Policies, “Galloping Gertie,” and Uncertainty Jim Griffin, Economic Advisor more...

	Dec 15 - A “Hair of the Dog” Strategy for Global Recovery Jim Griffin, Economic Advisor more...

	Dec 08 - Markets’ Divergence Re-Inverts “Reverse Yield Gap” Jim Griffin, Economic Advisor more...

	Dec 09 - Market Perspective - In the Crystal Ball of History Nora Omarova, Senior Quantitative Analyst Have we reached a bottom? How long will the bear market persist? For perspective we take a look at market history. more...

	Dec 08 - Global Base Rates Converge Towards Zero, Fiscal Stimulus Lags Martin Jansen, Senior Portfolio Manager more...

	Dec 18 - Historic Fed Cut Strengthens Capital Markets more...

	Dec 11 - Loan Prices Continue to Drift Lower in Week of Light Trading more...

	Dec 04 - Poor Technicals Add to a Listless Loan Market more...

	Dec 01 - The Great Debt Unwind Brian Gendreau, PhD., Investment Strategist Where is all this volatility coming from? We think it’s mostly from the unwinding of hedge fund leverage, and the end may be in sight. more...

	Dec 01 - The First Global Recession: Counting Our Blessings Jim Griffin, Economic Advisor more...

	Dec 01 - December Asset Allocation Views Brian Gendreau, PhD., Investment Strategist We’ve marked down our forecast for GDP growth for this quarter and 2009 but we are keeping our overweight in large-cap U.S. stocks and moderate underweight in fixed income.” more...

	Nov 24 - When Retailers and Manufacturers Compete David Rabinowitz, Senior Sector Analyst, Consumer Staples, and Kristy Finnegan, CFA, Research Analys more...

	Nov 24 - What’s In The Market? Jim Griffin, Economic Advisor more...

	Nov 20 - Technical Pressures and Economic Concerns Continue to Weigh on Loan Prices more...

	Nov 17 - Does the Current Macroeconomic Environment Favor Value? Elias Belessakos, Ph.D., Senior Quantitative Analyst more...

	Nov 17 - Convergent Trade Trends, Divergent Currency Prospects? Martin Jansen, Senior Portfolio Manager more...

	Nov 17 - Group of 20 Meeting: Present At A New Creation? Jim Griffin, Economic Advisor more...

	Nov 13 - Technical Pressures and Economic Concerns Weigh on Loan Prices more...

	Nov 10 - Fiscal Rectitude: A Virtue To Pursue — But Not Today Jim Griffin, Economic Advisor more...

	Nov 06 - Loan Market Shows Stability As Equity Markets Tumble more...

	Oct 30 - Fed Cut May Soften Economic Landing, Recession Seen as Inevitable Rick Nelson, Chief Investment Officer & Craig Allen, Senior Investment Writer The Federal Reserve cut its benchmark rate by 50 basis points Wednesday. The move to cut its rate to 1% is seen as an effort to mitigate one of the worst economic downturns since the Great Depression. It is questionable, however, whether the relatively blunt tool of adjusting the target rate will have the desired effect. Ultimately, it is ING Investment Management’s view that while the rate cut may help soften the economy’s landing, a recession is inevitable. more...

	Oct 27 - The King is Dead! Long Live…Uh-oh! Jim Griffin, Economic Advisor more...

	Oct 23 - Market Perspective - Perils of a bottom call: Comparison of the 2002 and 2008 bear markets Nora Omarova, Senior Quantitative Analyst In a bear market such as the one we find ourselves in now everyone wants to know: Have we hit bottom? We have developed a contrarian indicator model that signaled on October 10 that the market had reached a bottom. How reliable are those signals? And what kind of turnaround are they signaling? To provide some perspective, we take a look at how reliable those signals were in the last bear market. more...

	Nov 10 - Risk Management and Hedge Fund Investing Harold Yoon, CIO/Co-Head of ING Fund of Hedge Funds; Bill Bonde, Co-Head of ING Fund of Hedge Funds more...

	Oct 21 - Stable Value Market Review Albert E. “Bud” Hancock III, Senior Portfolio Specialist and Head of Stable Value more...

	Oct 19 - Press Release: ING to strengthen core capital by EUR 10 billion more...

	Oct 19 - Video: CEO Michel Tilmant discusses the strengthening of ING's core capital. more...

	Oct 17 - ING's capital position in line with targets despite market turmoil in third quarter more...

	Oct 20 - Global Economy to “Hang Together, Or Hang Separately” Jim Griffin, Economic Advisor more...

	Oct 16 - Flight From Risk Continues Unabated, Pushing Loan Prices to New Lows more...

	Oct 15 - Federal Reserve Chairman Sounds Note of Resolve Over Strategic Rescue Plans Craig Allen, Senior Investment Writer At the Economic Club of New York luncheon today, 50 ING clients heard Fed Chairman Ben Bernanke sound a note of resolve over the success of stabilizing the U.S. capital markets. more...

	Oct 13 - Bond Notes: A Run on the Shadow Banking System Rob Kinsey, Senior Portfolio Specialist Bond Notes: Wipe out. September witnessed a worldwide and multi-sector collapse of virtually all risk-based asset prices. The month opened with the bulldozing of Fannie Mae (FNMA) and Freddie Mac (HLMC) into conservatorship, thus wiping out equity and preferred stock holders over an otherwise balmy summer weekend. more...

	Oct 13 - Market Perspective: A Bounce-back Condition Seems to be Forming in the Stock Market Nora Omarova, Senior Quantitative Analyst We have found that market bottoms often occur when three indicators go past a threshold value: A deviation of the S&P 500 below its 13-week trend by 8% (or two standard deviations from the historical mean); a VIX index of option implied stock market volatility above 30% and a put/call ratio greater than 1.0. more...

	Oct 10 - ING Money Market Funds and the Treasury Department’s Newly Announced Temporary-guarantee Program more...

	Oct 09 - Technical Selling Pressure Creates New All Time Lows – Again more...

	Oct 06 - Wall Street Crisis, Global Revolution Jim Griffin, Economic Advisor more...

	Oct 07 - Market Perspective: Has the market started pricing in a deeper recession? Nora Omarova, Senior Quantitative Analyst Dramatic developments in the last months and weeks, as the financial crisis deepened and spread globally, have diverted media and investor attention away from more mundane macroeconomic matters. more...

	Oct 02 - Fixed Income Market Review James B. Kauffmann, Head of Fixed Income In this special update, Jim Kauffmann, details how the fixed income markets have reacted after one of the most turbulent periods in the U.S. financial system’s history, which has seen the re-shaping of Wall Street as we know it, money market funds breaking the buck, unprecedented market volatility and plans for the biggest government bailout in history. more...

	Oct 02 - Loan Prices Reach All-Time Low Amid Broader Financial Crisis more...

	Oct 02 - Market Perspective: Contrarian indicators are not signaling a conclusive bottom Nora Omarova, Senior Quantitative Analyst This year as the financial crisis unfolded, market sentiment indicators have become an increasingly valuable tool for gauging the degree of prevailing pessimism and identifying turning points for intermittent bear market rallies. more...

	Sep 30 - ING Market Perspective: After the Fall Brian Gendreau, Investment Strategist Few observers thought that getting the rescue bill through Congress would be easy, but its failure to pass shook the markets. Now what? more...

	Sep 29 - Can Paulson’s Reform Plan Restore Investor Confidence? Craig Allen, Senior Communications Writer While politicians assess how to bail out America’s hobbled capital markets, significant debate about how to prevent such a crisis from happening again is focused on implementing a regulatory structure that will restore investor and consumer confidence. more...

	Sep 25 - Senior Loans: Loan Prices Drop Amid Financial Market Distress more...

	Sep 24 - Capital Market Meltdown Pierre Couture, A.S.A., E.A., M.A.A.A., Senior Actuary more...

	Sep 22 - "Unsustainable" U.S. Profligacy Confronts Its Fate Jim Griffin, Economic Advisor Efficient markets. Perfect information. Equilibrium. Rationality: Homo Economicus. What we learn in school, it turns out, may not be quite the same as what we need to know on the playground. When dialog fails to suffice and you hit the other kid with your best shot, and he walks right through it, you know to settle in for a long painful afternoon or, perhaps, to run. more...

	Sep 19 - ING is Managing Through the Current Market Turmoil John Hele, CFO ING Group, presentation at ING Investor Day in Madrid more...

	Sep 19 - Market Review: The Week That Changed the World Brian Gendreau, PhD., Investment Strategist Market Review: After the end of the first full week of the financial crisis, equity markets are still jittery and credit and money markets are still not fully functional. Under these circumstances it might seem premature to draw any conclusions about the lasting effects of the crisis on the financial system. Still, some judgments are possible. more...

	Sep 18 - Senior Loans: Unprecedented Market Events Drive Loan Prices Lower more...

	Oct 30 - Loan Market Improves Again This Week, But Investors Remain Cautious more...

	Sep 17 - Senior Loans: Minimal Exposure to Troubled Investment Banks and Insurers more...

	Sep 17 - ING Group Commentary on the Current Market Situation more...

	Sep 16 - ING expects limited impact from Lehman Brothers exposure more...

	Sep 09 - Bailout of Mortgage Giants Underscores Government Concerns over Economy more...

	Sep 03 - Fixed Income Update Video James B. Kauffmann, Head of Fixed Income Marking the one year anniversary of the credit crunch, James B. Kauffmann, Head of Fixed Income, suggests that even though fixed income security prices have significantly declined and yield spreads are at wide levels, now might not be the time to sell. more...