23 January 2018
Branded consumer goods have been a favoured investment theme for many investors. However, a number of fundamental changes mean new entrants are challenging these once profitable, predictable businesses.
17 December 2017
The August announcement by Tianjin SDIC Jinneng Electric Power Co Ltd that it had issued green bonds worth RMB1 billion ($150 million) to finance a 2,000 megawatt coal‐fired power plant neatly encapsulates the conundrum of green bonds.
09 October 2017
Who will be the investment winners of the internet age? We know the answer looking backwards.
04 October 2017
The shift towards the age of the electric car promises a superior driving experience, a more cost efficient business model and a new set of winners.
02 October 2017
Tensions on the Korean peninsula have escalated significantly in recent months, with North Korea’s (NK) nuclear programme and missile tests viewed as direct provocation to the delicate equilibrium of the region
18 September 2017
On 24 September, elections to the 19th Bundestag will be held in Germany, with the result determining who will serve as chancellor for the next four years. The incumbent candidate, Angela Merkel, currently enjoys a strong lead in the polls and is widely expected to secure a fourth term in office. However, under Germany’s proportional representation system, a coalition administration is the most common form of government and here a number of possible outcomes exist.
12 September 2017
Just over a century ago, Argentina ranked among the world’s ten richest economies. However, since those halcyon days, it has experienced long and steady economic decline relative to the developed world – described as ‘one hundred years of ineptitude’.
18 August 2017
For years, investors in emerging markets have avoided state-owned enterprises. However, we believe now is a good time to revisit this much-maligned part of the investment world.
06 April 2017
How full is your credit glass? Is a change in the interest rate cycle and an uncertain political backdrop an ominous combination, or do healthier corporate balance sheets and an improving global economic backdrop mean the asset class can continue to deliver in 2017?
21 March 2017
Few expected Donald Trump to win the US presidential election. Even fewer predicted the aftermath, a strong rally in global stock markets. When the unexpected happened, the extent to which investors were wrong‐footed could be observed in the sharp rotation between sectors, away from defensive stocks and into cyclicals.