The week that was…

In the week ending 13th March, what stole the financial headlines?

Russia continued to dominate the headlines as it refused to waver on its hard-line Crimea stance. Meanwhile, talk intensified over the possible timing of an end to quantitative easing. There was also greater optimism with regards to the strength and sustainability of the US economic recovery.

 

Headline Hotlist & World/ Asset Returns Source: The BNY Mellon Investment Strategy and Solutions Group (“ISSG”) as at 13/03/14. ISSG is part of The Bank of New York Mellon.

Russia continued to dominate the headlines as it refused to waver on its hard-line Crimea stance. Meanwhile, talk intensified over the possible timing of an end to quantitative easing. There was also greater optimism with regards to the strength and sustainability of the US economic recovery.   Headline Hotlist & World/ Asset Returns Source: The BNY Mellon Investment Strategy and … read more

  • Download
  • Print
0 comments | Join the conversation, comment now
Relying on the state

% company state ownership

When investing in emerging markets, investors should pay close attention to the identities of fellow shareholders. Given that almost 30% of the MSCI Emerging Markets Index is owned by governments*, including large companies such as Petrobras, it is important to be active investors in order to seek out those companies with sound governance and that are run in the interests of all shareholders.

Sophia Whitbread, Investment Manager – Emerging Markets

 

*Source: MSCI, January 2014. Total GEM equates to 29.4% and is a weighted average.

When investing in emerging markets, investors should pay close attention to the identities of fellow shareholders. Given that almost 30% of the MSCI Emerging Markets Index is owned by governments*, including large companies such as Petrobras, it is important to be active investors in order to seek out those companies with sound governance and that are run in the interests … read more

  • Download
  • Print
0 comments | Join the conversation, comment now
The week that was…

In the week ending 6th March, what stole the financial headlines?

Russia remained at the top of the headline hotlist as the West put pressure on President Putin to withdraw from Crimea. The US led the way in reprimanding the Russian government and threatening economic sanctions. Elsewhere, tensions in the Middle East continued to make headlines.

Headline Hotlist & World/ Asset Returns Source: The BNY Mellon Investment Strategy and Solutions Group (“ISSG”) as at 07/03/14. ISSG is part of The Bank of New York Mellon.

Russia remained at the top of the headline hotlist as the West put pressure on President Putin to withdraw from Crimea. The US led the way in reprimanding the Russian government and threatening economic sanctions. Elsewhere, tensions in the Middle East continued to make headlines. Headline Hotlist & World/ Asset Returns Source: The BNY Mellon Investment Strategy and Solutions Group … read more

  • Download
  • Print
0 comments | Join the conversation, comment now
EM currencies: not all weakness is bad

Best and worst spot returns across emerging markets*

Emerging market currencies have been at the forefront of negative sentiment in recent times, yet to assume all currencies are highly volatile is inaccurate.  Over the last six months a currency adjustment has taken place, we believe, either due to market pressure, or due to deliberate policy shifts.  Not all weakness is bad, and not all currencies have weakened.

*Source: Bloomberg. Spot currency returns based on a 6 months period in USD to 18.02.2014

Colm McDonagh, Insight Investment

 

Emerging market currencies have been at the forefront of negative sentiment in recent times, yet to assume all currencies are highly volatile is inaccurate.  Over the last six months a currency adjustment has taken place, we believe, either due to market pressure, or due to deliberate policy shifts.  Not all weakness is bad, and not all currencies have weakened. *Source: … read more

  • Download
  • Print
0 comments | Join the conversation, comment now
The week that was…

In the week ending 27th February, what stole the financial headlines?

Russia rose to the top of the headline pile following intervention in neighboring Ukraine. This action prompted consternation in the West and in the US, in particular. Meanwhile, the US government continued its efforts to broker an Israeli-Palestinian peace deal.

Headline Hotlist & World/ Asset Returns Source: The BNY Mellon Investment Strategy and Solutions Group (“ISSG”) as at 28/02/14. ISSG is part of The Bank of New York Mellon.

Russia rose to the top of the headline pile following intervention in neighboring Ukraine. This action prompted consternation in the West and in the US, in particular. Meanwhile, the US government continued its efforts to broker an Israeli-Palestinian peace deal. Headline Hotlist & World/ Asset Returns Source: The BNY Mellon Investment Strategy and Solutions Group (“ISSG”) as at 28/02/14. ISSG is … read more

  • Download
  • Print
0 comments | Join the conversation, comment now
Putting seats under US bums

US office furniture shipments per white collar worker

Corporate capital expenditures are on the cusp of a sustained increase in spending levels. We believe one of the early beneficiaries will be office furniture, which has been at depressed expenditure levels over the past decade. The last refreshment cycle was in 2000, and an upgrade cycle is long overdue.

David Daglio, The Boston Company Asset Management.

Corporate capital expenditures are on the cusp of a sustained increase in spending levels. We believe one of the early beneficiaries will be office furniture, which has been at depressed expenditure levels over the past decade. The last refreshment cycle was in 2000, and an upgrade cycle is long overdue. David Daglio, The Boston Company Asset Management.

  • Download
  • Print
0 comments | Join the conversation, comment now