Steel has been a prominent fixture in the news in recent weeks but for all the wrong reasons, writes Canada Life Investment's Duncan Mackay.
Recent decisions by both the Federal Reserve and the European Central Bank have helped break the trend of tightening global liquidity conditions.
EM duration offering attractive risk/returns
The long-term, secular trends that have fuelled Asia's rapid growth over the last decade are well known, yet one trend - the burgeoning Asian middle-class consumer - is a secular force that is still only in its early stages, according to T.Rowe Price's...
Since the collapse of Lehman Brothers in 2008, the developed world has roughly injected an astonishing $12trn trying to stimulate growth.
Two hard years for African equities
The Japanese yen hit a multi-year low of ¥125 to the dollar in June last year, a significant 40% decline from its peak of around ¥75 in October 2011. As a result, the weak Japanese yen drove corporate earnings to record highs in the last few years.
Europe's recovery remains choppy, slow and fragile, yet as long as it can be maintained, European high yield debt is an attractive option for investors, according to Muzinich & Co's Erick Muller.