North American equity markets have rewarded investors in 2019 and are at or near all-time highs.
2019 has been a stellar year for global bond markets, as weak global economic growth and low inflation have combined with ever more accommodative central banks to push global bond yields significantly lower.
Europe's stockmarkets are on average up more than 20% this year.
Passive equity products have become popular over the past decade as it has become easier and cheaper to track the performance of an index.
The major boost to global equity markets this year has been the 180-degree policy U-turn by the Federal Reserve, from tightening to loosening interest rates, and from quantitative tightening to the renewed provision of liquidity to financial markets....
The world’s economies are at different stages in the business cycle.
Financial technology (fintech) is fuelling a cycle of disruption in the financial services industry.
One of the more important developments in markets since the late 1990s has been the emergence of a negative stock-bond price correlation.
It has been hard to comprehend negative yields in Germany, let alone Greece.
The US dollar has performed well, up more than 7% since the end of 2017, and continues to enjoy a number of supports.
Hard currency (HC) and local currency (LC) emerging market debt (EMD) have already delivered 13% and 10.3% this year respectively.
China has risen fast and accomplished much in 70 years of the People's Republic, but nothing rises smoothly.
Global manufacturing continues to contract as trade falters. The Trump administration’s attempts to overhaul trade agreements are cooling sentiment and raising global uncertainty.
An adage of equity investing during a US presidential election cycle is 'avoid healthcare'.
The European real estate investable universe is large, totalling some €2.5trn.
What do you do when one of the world’s oldest, highest quality markets is treated like a developing one?
Macroeconomic factors in Asia including the US-China trade war, Hong Kong’s political unrest and India tackling an economic slowdown, are likely to remain impediments to growth in 2020.
Most fixed income has performed well in 2019 aided by the change in outlook from many central banks around the world and the gross redemption yield (GRY) on many bonds have fallen to very low or negative levels.
Much has been written on the inflated size of global AUM reported to incorporate ESG principles and whether ESG adds alpha.
As the trade war rumbles on, presidents Donald Trump and Xi Jinping need to agree on a trade deal, as both economies are weakening.
There has always been a demand for income, but in the past decade, the hunt for yield has become more challenging due to the ultra-low interest rate environment.
It is widely discussed that the UK equity market is cheap and recent foreign takeovers suggest there is value at home.
The case for emerging market (EM) small caps on a long-term basis is compelling.
Are stockmarkets in a bubble or a recession? Well, arguably it is both.