Enter the Twilight Zone and the buying opportunity of a lifetime 30/01/2015 Very few UK-based investors have probably heard of David Iben, the founder of Tampa-based Kopernik Global Investors LLC and the manager of the Kopernik Global All-Cap Fund. Nonetheless, “The Twilight Zone” his latest commentary on global markets certainly provides an antidote to the “investment outlooks” that tend to dominate the financial media.
Developed versus emerging bonds 29/01/2015 The sovereign bond markets are proving fallow hunting ground for investors at the start of 2015. Fears over economic growth and ongoing monetary easing by Japanese and European central bankers have conspired to push yields on developed market bonds down to historically low levels. At the same time, emerging markets are contending with the impact of a lower oil price and a weakening economic outlook. For those who need to retain an allocation to fixed income, do developed or emerging market bonds look more attractive?
Asia is compelling despite ongoing divide in opinions – Liontrust 28/01/2015 Asia continues to divide opinions, but specialists at Liontrust have strong belief in the region, which “offers compelling combination of decent yield, relatively low valuations and decent growth,” according to Mark Williams, manager of Liontrust Asia Income Fund.
Changing Rothschild family values 26/01/2015 Male members of the dynasty established by Mayer Amschel Rothschild are still very active in banking and finance. Think Lord Rothschild and his son Nathaniel or Benjamin Rothschild. But female members of the family are conspicuous by their absence, at least when it comes to being involved with the “core” family business.
Do green, ethical, or SRI funds always hamper returns? 26/01/2015 While ‘environmentally friendly’ no longer labels a point of difference but rather is the norm in everyday parlance, for the majority of the west yet the idea of ‘ethical’ or ‘green’ approaches to investing are still – rightly or wrongly - treated as separate entities.
America the Mighty 23/01/2015 At long last the European Central Bank (ECB) appears to have made a decisive move in the ongoing fight against deflation and economic stagnation in the Eurozone with the launch of a EUR 1.5 trillion package of asset purchases.
The world under Modi – outlook for India 23/01/2015 Last May saw the general election success of Narendra Modi and his Bharatiya Janata Party (BJP) end years of coalition governments in India, infamous for failing to address the country’s corruption problems and its infrastructural shortcomings, with the single party rule sending a clear and focused reform message to the nation and investors around the world.
Has the long term become short term for professional investors? 22/01/2015 The recent difficulties at Tesco are, to some extent, a reflection of a wider problem in markets. Its troubles arose partly because the retailer succumbed to pressure to boost short-term figures – and thereby meet short-term earnings expectations - at the expense of its long-term stability. As investors become increasingly concerned with short-term metrics, this phenomenon is drawing the attention of policymakers and economic strategists, concerned about its impact on the proper functioning of capital markets.