Has the Great Rotation finally arrived?
In the aftermath of the US elections, investors have been selling off bonds and have bought equities. Is this a sign the long-awaited Great Rotation is finally unfolding?
Axa
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Oil:US high yield correlation breaks down
The correlation between oil and US high yield markets broke down in July, indicative of a shift in the focus of the sector.
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Fed hikes and imaginary monsters
I am out of ideas. Over the past few weeks a growing sense of déjà vu has crept into everything I have tried to write.
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A-share inclusion to erode EM equity differentiation
China is so dominant that when A-shares are eventually included in the MSCI Emerging Markets Index, the result could be a spate of very similar passive products.
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Fund managers ridicule rating agencies at Expert Investor Denmark
“I don’t think rating agencies are corrupt, I believe they are incompetent,” Healey continued. Their analysts are often inexperienced as they are often quickly poached by investment banks, he explains. “They have a very opaque structure as well. All their decisions have to be reviewed by investment committees, which are populated by business people, not…
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Will Greece leave the euro? It looks increasingly likely, say fund selectors
When we asked a crowd of Belgian fund selectors back in January about the possibility of a Greek exit from the euro, only 13% deemed that likely to happen. At our Pan-European Congress in Rome last month, the share of Grexit-believers had almost tripled to 37%. At Expert Investor Denmark earlier this week, it exceeded 50%…
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sandp capital iq unveils 2014 power picks
Cyclicals feature heavily in this years S&P Capital IQ Equity Research European Power Picks list
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storm masks filipino strength
With China’s growth slowing‚ investors may want to consider what else Asia Pacific has to offer. One market showing promise is the Philippines. By Rob Gleeson, head of research at FE
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axa backs insead risk research
Insurance and asset management group Axa has awarded international business school INSEAD 2m to create a chair in financial market risk
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corruption linked to sovereign debt risk
Environmental, social and governance analysis can offer a guide to the future performance of government bonds, according to the United Nations Principles for Responsible Investment initiative
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sun sets on golden age of gilts
The outperformance of long-duration ‘safe haven’ government bonds is unlikely to continue. By Anthony McDonald, senior investment research analyst at Morningstar OBSR.