Content (48)

  • Megatrends_Knowledge_500px-234114381_1000x1000

    Research Report

    Thematic equities as an alternative to fully diversified equity portfolios


    Thematic equity strategies can also serve as alternative to – or replacements for - global equity portfolios that invest across industry sectors.

  • Megatrends_Demographic_500px-36596046_1000x1000

    Research Report

    Thematic equities within global equity asset allocation


    Although the core-satellite approach is fairly popular, the majority of professional and non-professional investors allocate capital by region. It’s a strategy that divides the investible universe into large regional blocks such as North America, Western Europe and Asia-Pacific.

  • Megatrends_Acceleration_500px-112127409_1000x1000

    Research Report

    Thematic equities as satellite allocations


    Investors pursuing a core-satellite approach will find that thematic equities can work particularly effectively as satellite investments.

  • out of the shadows_400x320

    White papers

    Out of the Shadows: The rise of emerging Asia


    Emerging Asia’s stocks and bonds have experienced a lost decade. In the past 10 years, their returns, in US dollar terms, have lagged those of global indices by a considerable margin. And that is despite the fact that these economies accounted for about 70 per cent of world GDP growth over that period.

  • globe_opportunities-in-Asian-fixed-income_400x320

    White papers

    Opportunities in Asian fixed income markets


    The bond opportunity

  • cyclists_currency_400x320

    White papers

    Currencies: an additional source of return


    Superior growth, low inflation and cheap currencies. These are some of the defining characteristics of emerging Asian economies. They are also the reasons why investors should consider increasing their exposure to the region.

  • boat_best-performers_400x320

    White papers

    Emerging Asian equities expected to perform best over the next five years


    We expect emerging Asian equities to deliver among the best returns in global stock markets over the next half decade, especially in dollar terms (10.8 per cent per year on average, or double the global market). We calculate that their outperformance – which stems mainly from superior earnings growth and currency appreciation – could amount to 35 per cent on a cumulative basis over the US in that timeframe.

  • Why EM bond investors can no longer ignore ESG

    White papers

    Why EM bond investors can no longer ignore ESG


    The most successful investors will help steer governments towards the path that boosts their credit ratings, gives them most access to the market and improves the fortunes and potential of citizens.

  • How ESG considerations can impact emerging market investments

    White papers

    How ESG considerations can impact emerging market investments


    Governments everywhere are racing to lock in historically low borrowing costs by issuing ever longer dated debt – in recent years Mexico and Argentina even managed to sell century bonds. That presents several new challenges for fixed income investors. Particularly those who own emerging market bonds.

  • How might climate change impact economic growth for emerging markets

    White papers

    How might climate change impact economic growth for emerging markets?


    For all the sovereign issuance of green bonds so far, a great deal more funding will need to be raised to limit climate change. Globally it will cost between USD1 trillion and USD2 trillion a year in additional spending to limit global warming, some 1 per cent to 1.5 per cent of worldwide GDP, according to the Energy Transitions Commission.7 And a significant part of those costs will need to be borne by emerging economies, not least because they are likely to suffer most.

  • Emerging market giants step up

    White papers

    Emerging market giants step up


    The Covid-19 pandemic has ravaged economies worldwide. Weak infrastructure and healthcare systems, dependence on commodities and tourism for income, and high debt loads have left emerging markets suffering disproportionately.

  • Emerging woes

    White papers

    Emerging woes


    China and India are jostling for greater geopolitical influence, within the emerging world and beyond. Their ambitions are manifold. For instance, China aims to lead the world in AI technology, India to take China’s manufacturing mantle. But over the long run, they won’t achieve their aims through armed conflict on some high Himalayan glacier.