All Equities articles – Page 87
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White papersWhy China, Why Now?
The domestic Chinese equity markets are some of the largest and most liquid in the world, and they offer unique investment opportunities—yet they have been largely neglected by institutional investors.
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White papersSynchronised upswing in global growth drives positive equities outlook
The global economy, with the exception of the UK, is going through a period of rare synchronised expansion. Corporate profits are rising, trade is expanding, and growth is robust in the US, Europe and beyond. Asia is benefiting from this global phenomenon and a continued uplift in China.
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White papersAsia’s new era of sustainable growth
The huge Chinese economy is experiencing a ‘second awakening’ under President Xi Jinping, with a strong agenda for supply-side reforms and an emphasis on sustainable macroeconomic growth.
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White papersGlobal equities: quality will out
Following a good year globally for the high-quality stocks that we favour, valuations in certain parts of the market have started to look stretched.
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White papersCross Asset Investment Strategy: December 2017
We believe 2018 will mark the transition from a full-speed reflationary phase, directional and bullish for risk assets (both credit and equities), towards a late phase of the financial market cycle. This could have far-reaching consequences for investors.
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White papersThe "new normal" turned into the old normal: Our economic outlook for 2018
In this year’s global economic outlook we examine the outlook for the United States and the rest of the world, ask if the coming fiscal stimulus in developed countries could boost this expansion even further, try to shed some light on how central bank attempts to normalize monetary policy might impact the stock market, and investigate the asset class implications of this cyclical upturn and of less-accommodative monetary policy.
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White papersA view on small and mid-cap equities moving towards 2018
The late-recovery is now broadening to all countries in Europe and their GDP components.
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White papersAnalysing the Exposure of Low-volatility Equity Strategies to Interest Rates
At the dawn of a potential rise in rates triggered by Central Banks in both Europe and the United States, doubts are being raised about the ability of low-volatility portfolios to continue to deliver robust performance.
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White papersFollow the Earnings to Emerging Equity Stars
Emerging market equities have had a great run recently. But don’t buy EM stocks indiscriminately. Focus on company earnings over macroeconomic trends to find stocks that have stronger return potential with reduced risk.
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White papersThe paradox of passive. Beware of feedback loops
While we understand and generally concur with the desire to implement portfolios cheaply, investors should always be cognisant of what they are buying.
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White papersAvoiding a mirage in the high-income desert
Generating a sustainable yield across asset classes.
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White papersThe acid test of active management
Active managers are more likely to outperform in certain market conditions, but our research finds that there is also a group that can outperform whatever the weather.
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White papersIn Emerging Markets - If you like growth, buy value
Emerging markets are often lumped together under the acronym ‘GEM’, or global emerging markets. In reality, this is not a homogenous mass of similar companies trading at similar valuations.
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White papersStrategic Relative Value: Q4 2017
A quarterly look at how macro events are driving relative value around the globe.
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White papersGerman Elections: Investment views
The prospects for the German economy will not change dramatically, although there will be a moderate fiscal stimulus.
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White papersConsistent Returns in a Changing World: Managing Political Risk Across Developed Market Equities
A powerful cocktail of economic headwinds, disparities in income between rich and poor, polarisation in beliefs and sporadic ‘lone wolf’ terrorist attacks has conspired to destabilise the political landscape across much of the developed world. Recent elections and referenda have had unforeseen results. Anti-establishment sentiment has flourished. Over recent years political risk has become accentuated, and has arguably not been so acute for a generation. Many of today’s active equity managers investing in developed markets have not faced the challenge of managing such specific political risks before in their investment careers.
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White papersChina: A Green Giant in the Making
China is dropping its focus on “dirty” industrial growth, while making a massive shift toward renewable energy and a less resource-intensive path to economic success. This reorientation could open up substantial opportunities for equity investors.
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White papersFANG Stocks Expose Blind Spots in Risk Models
The investing industry is constantly devising new acronyms and buzzwords. Sometimes these can be dangerous. The rise of the FANG stocks highlights how clusters of stocks may create investing hazards that standard risk models struggle to detect.
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White papersAsia’s ‘great moderation’ holds promise for equities
Soo Nam NG argues that China’s economy is entering a more moderate and stable period, which will benefit Chinese and Asian equity markets.
