All Equities articles – Page 4
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White papersWhat Fed rate cuts mean for U.S. equities: A historical perspective
Federal Reserve (Fed) Chair Jerome Powell has all but confirmed that the rate-cutting cycle will commence at the next FOMC meeting on September 18. Financial markets are currently pricing in 100 basis points (bps) of cuts this year—potentially equivalent to a 50bps cut in September and 25bps cuts in both November and December—as the Fed gears up to ward off recession. Its success in piloting a soft versus hard landing will play a key role in dictating the path for U.S. equities.
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White papersLife Sciences: Four reasons why this out-of-favour sector deserves your attention
As headwinds subside, the Sustainable Global Equity team reveal why they believe investment into the Life Sciences sector looks compelling for the long term.
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White papersIndia Strategies for Maximizing Returns
An active approach can help to manage the rich valuations of this growth market
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White papersIndia: the emerging market outlier
Underlying economic factors make India an emerging market like no other.
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VideoThe road ahead for US equities
Charlotte Daughtrey, Equity Investment Specialist, considers the current tailwinds for US equities, the impact of the US election on small- and mid-cap companies, and whether or not the recent rotation out of mega-caps is sustainable.
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White papersEurope better placed than America… and cheaper
In the US, weakening employment poses risks to both consumer expenditure and growth, while in China both the consumer and the property market are at risk. The European consumer is more confident, despite a tougher business environment.
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White papersSummer rotation in equities
Global equities delivered strong performance this year on the back of resilient economic activity in the US and Europe. Some sectors such as technology outperformed the broader markets led by artificial intelligence-driven exuberance in the US. We are now witnessing signs of a broadening of this rally to other areas such as small caps, financials, that have lagged behind.
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White papersOn pause: the one-way certainty of the market is over … for now
The macroeconomic backdrop is changing, or at least uncertain. This could shift the pricing of risk assets, but it won’t change what we do, which is look for stronger competitively advantaged businesses that fit our quality growth philosophy.
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PodcastLet the [Micro] Chips Fall Where They May
Financial markets across Asia have been making headlines in recent weeks. Ahead of the upcoming earnings calls for tech players such as Nvidia, we ask, what are the impacts of the Asia market on the US market?
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White papersThe love-hate relationship in private equity secondaries
Over the past two decades, the private equity secondaries market has transformed into one of the highest growth, and in our opinion most specialized, areas of alternative investments. From 2002 to 2023, global secondary market volume scaled from $2 billion to $114 billion in transaction value.
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White papersMaking sense of market volatility
Global markets have been whipsawed by a series of sharp blows in the last few days, mainly centering around concerns about the health of the U.S. economy. Our view remains that the strength of household and corporate balance sheets implies recession is unlikely, but we acknowledge that risks are building. To help decipher and contextualize the current market reaction, Chief Global Strategist, Seema Shah, and Equities Chief Investment Officer, George Maris, provided some clarity into the current situation and their expectations for the remainder of 2024.
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White papersEmerging markets in the new world order
The world order of the second half of the 20th century is being turned on its head. The shift should be positive for emerging markets and thus investors in EM debt.
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White papersPrivate Equity Value Creation Series: Sustainable Investing Trends
Sustainable investing continues to prove a complex and multi-faceted topic. The number of regulatory requirements aimed at corporations and investors is massive and growing, often resulting in reporting fatigue. Impact management and measurement is an area gaining more concrete focus. And while still relatively nascent, social impacts (the “S” in ESG) are beginning to be more clearly articulated and systematically included in company sustainability frameworks.
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White papersOur Thoughts on the Global Selloff
Portfolio Managers Shuntaro Takeuchi, Michael Oh, CFA, and Andrew Mattock, CFA, assess the reasons for the heightened volatility and sharp moves in global markets.
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White papersUS economy worries pummel markets
Global stocks fell sharply at the start of the week, with Japan’s benchmark Topix index on Aug. 5 suffering its biggest one-day drop in more than three decades. European shares and U.S. stock futures also declined. Meanwhile Emerging Markets stock indices, mostly in Asia (Taiwan and South Korea), fell into the red and currencies that had benefited from high carry trades funded by the yen, such as those in Latin America, lost ground.
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White papersA time and place for small cap equities
After handily outperforming both large caps and the broader U.S. equity market for the one-year period following the COVID recession in the spring of 2020, small cap stocks have since lagged, despite posting healthy double-digit gains in two of the past three calendar years. This performance gap reflects in part the narrow but persistent market leadership of a few high-flying mega cap technology companies supported by artificial intelligence (AI) tailwinds.
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White papersPutting Put-Writing Into Perspective
When equities sputter, market volatility simmers and interest rates remain elevated, we believe underwriting market risk—by writing puts on the S&P 500 Index—can be a capital-efficient strategy for investors seeking to generate a diversified source of income in an uncertain economic environment.
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White papersCLO Equity: 101
From quarterly cashflows to compelling total return potential, CLO equity offers a number of potential benefits. But the asset class is often overlooked, due in large part to its perceived complexity relative to more traditional fixed income investments.
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VideoHow might investors withstand ‘AI FOMO’?
Maintaining a diversified portfolio amid the Magnificent Seven phenomenon could protect investors against volatility, says Phil Orlando, Chief Equity Strategist.
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VideoThe future of global equities
US markets have driven global equities for the past decade - but can this continue? Portfolio managers Rob Lovelace and Noriko Chen discuss the dynamics shaping world markets and where they see the greatest opportunities.
