After an eventful and volatile year for the US market, Cormac Weldon sees the opportunities for 2021 shaping up in different ways. In his outlook, he discusses how pent-up demand from consumers and low inventories should encourage economic growth in the US.
2020 has been a year of extremes and the unexpected. But there are reasons to be more optimistic about the prospects for emerging markets in 2021.
The announcements of what would appear to be positive news regarding the efficacy of vaccines against Covid-19 has encouraged markets. The UK, which contains a preponderance of sectors that were negatively affected by the virus, has been the forefront of this rally, having outpaced the likes of the US and Europe.
After what has been an eventful and volatile year for the US market, we see the opportunities for 2021 shaping up in different ways.
The UK stockmarket led the rally in world markets last month – something that has not been the case in many years. This is not (yet) the long-yearned for return of the overseas investor, but rather that the UK has in its make-up a higher proportion of stocks and sectors that all have loved to hate since the vote for Brexit and before. Witness the fact that in the space of a few weeks, comments on the UK’s deficiency of tech stocks has been replaced with an interest in a fund’s weighting to banks.
The ‘relief rally’ following the result in the US election and announcements of vaccines were just a hint of what could be to come for US equities, as Cormac Weldon explains
Artemis Income Fund co-managers Nick Shenton and Andrew Marsh, believe that the harsh scrutiny applied to the characteristics of UK companies this year has led to a ‘fitter’ market of dividend payers. Here they explain why they think disruption in markets has helped them build a stronger portfolio with improved sustainability of dividends.
Adrian Frost discusses the impact of dividend cuts on returns and addresses when investors might see dividends growing again. He also explains why he believes M&A activity in the UK will pick up considerably post Brexit.
The dispersion between growth and value stocks is at its widest for decades. But this masks a number of nuances around how stocks are categorised, as Matthew Beesley explains.
The dispersion between growth and value stocks is at its widest for decades. But this masks a number of nuances around how stocks are categorised, as Matthew Beesley explains.
Successful companies may always be tempted to diversify their businesses. But Simon Edelsten cautions that this may not help them cope with today’s changing tides. He explains why investors should watch out when companies move away from their niche.
The spread between value and growth stocks is at its widest for decades. Is this an investment opportunity or an irreversible shift in the evaluation of stocks? Matthew Beesley, CIO at Artemis, explores the arguments around growth versus value during a recent webcast.
One of the most heated debates among investors is whether we are about to enter an era of inflation. Matthew Beesley, CIO, shares his view on how portfolios can be positioned for the economic environment ahead.
Simon Edelsten believes investors should choose companies that stick to what they are good at and seek to understand how much debt they are carrying.
Alex Illingworth, co-manager of the Mid Wynd Investment Trust and Artemis Global Select Fund, explains what investors may wish to look for when selecting a sustainable investment fund.
Matt Beesley, CIO, examines the traditional economist’s view that extraordinary fiscal and monetary policy have made inflation inevitable. He looks at the differing outlooks of Artemis’ managers on inflation and how they are positioning their portfolios in response.
Cormac Weldon, US equities manager, provides a brief review of this year’s tumult while also looking ahead to what else might be in store.
Cormac Weldon, US equities manager, explains why he believes the pandemic has amplified the potential for certain companies to disrupt established industry practices. He also addresses the impact of stimulus from the Federal Reserve and give his views on the outlook for the US economy.
Global equities manager Simon Edelsten looks to history to guide his fund through the pandemic. He discusses the themes driving his stock selection and how he is using lessons from the Japanese market to help predict the longer-term effects of Covid-19 on global stocks.