- Global Investment Views - June 2018
Global Investment Views - June 2018
Wednesday 30 May 2018
Research / Market
Global Investment Views - June 2018 - CIO Views
Go the extra mile, but check the exits
A tug of war between downward and upward forces is preventing clear directional trends in the markets: equities are moving in a broad trading range, below year-to-date highs, and, in general, we have entered into a regime of diminished returns. Sensitivity to news flow is, and will continue to be, very high, as markets try to adjust to new financial and economic conditions.
Emerging Markets Charts & Views - Seek opportunities, but be aware of short-term volatility
Emerging markets (EM) started 2019 on a strong footing and, as a result, some excessive valuation gaps have been partially closed.
Brexit: an agreement is now more likely, but be aware of a no deal risk, not priced in
The concept of factor investing and the debate around passive and active management has emerged since the end of the 2000s and has completely changed the landscape of equity investing.
Gold in central banks' asset allocation
After a long lacklustre period during the 1980s and 1990s, the price of gold has picked up significantly since the new millennium, and central banks, after having steadily reduced their allocation to gold, have resumed their gold purchases.