Feature

With global emerging market equities recently rebounding to a year high, and flows returning strongly to the asset class, three managers reveal where they are looking to capitalise on the improvements in investor sentiment.

Returns "difficult to find"

The UK faces increased economic uncertainty and potentially lower growth. Meanwhile, the weak pound may lead companies to raise prices to offset higher input costs, writes Tineke Frikkee, manager of the Smith & Williamson UK Equity Income fund.

Emerging market equities have made a swan-like turnaround this year after five years in the doldrums, writes Will Ballard, head of emerging market and Asia Pacific equities at Aviva Investors.

The bonds of financial institutions, specifically the more risky ones such as Additional Tier 1 (AT1) or 'CoCos', look particularly desirable again, according to Vontobel AM's Mondher Bettaieb.

If you think you have seen a lot of Chinese tourists lately, you probably have not seen all of them yet as the growth cycle for the tourism sector has just started.

Mark Robinson, chief investment officer of Bordier UK, takes a closer look at some of the pressure points and bright spots for global markets.

Despite sluggish earnings growth, gloomy forecasts for global growth and a noticeable apathy towards equities on the part of so many investors, US equities are not looking too bad, according to JPMAM's Christian Preussner.

Subscription models are an exciting and fast-growing sub-sector in the booming e-commerce market, writes TMT Investments' Alexander Selegenev.

The casual observer will have noted a pick-up in the already elevated level of 'noise' in the City pages. Cyclical or value companies, including builders for example, are sensitive to levels of economic activity in the economy which, post-Brexit, is harder...