Following the pandemic, a collective societal awakening prompted us to reassess our lives both at home and work. The return to normal life left many of us lacking daily motivation and repeatedly posing this one single question.
Refocusing on company fundamentals favors quality stock picking
Discover the latest global market themes
As market dynamics twist and turn, a flexible approach delivers results
How changing markets require investors to think and act differently
Selective currency hedging may boost yields and add stability
Mitigating factors may still prevent it, however
Discovering new ideas that deliver value
Heading into 2022, valuations for most asset classes appear full - particularly equity market multiples, but also extending to credit spread
Home bias could mean key opportunities are missed
Long-term fundamentals continue to guide our investment approach.
Discover the latest global market themes
Pressure to reduce dependence on Russian gas could expedite Europe’s energy transition
MSCI announced that it would remove Russian securities from its indices after markets close Wednesday March 9 at a price “that is effectively zero”. This followed consultation with a number of market participants and was made in direct response to the difficulties of market accessibility. The action has implications for investments that track several MSCI indices including the MSCI Emerging Markets index.
History shows that Fed hikes alone tend not to derail markets
The investment story of 2022 will be tactical bear, structural bull
Understanding the government’s social agenda is key
Inflation risk can be mitigated by using inflation-linked bonds, cyclical assets, and high-yielding bonds with low duration
Complex environments need active management to help steer portfolios in the right direction.
Despite strong fundamentals, growth stock valuations are extreme