What is the prognosis for Emerging Markets as major global central banks begin to tighten policy?
Is Volatility too low and what re-pricing could mean for various asset markets
2016 may best be remembered as the year in which Trump won and the world changed. The question becomes which reforms will take centre stage.
Our Multi-Asset portfolio manager based in Singapore reviews the prospects for profit margin expansion in the three main Emerging Market regions.
Many are wondering if it's time to give up on Abenomics. While some of the scepticism is understandable, we believe it is too early to throw in the towel.
Since 2011, Brazilian assets have re-priced to the downside. Given the size of the adjustment – both in commodities and assets – the question is whether Brazil is now presenting attractive investment opportunities.
As we have seen over the past year in the equity market, the more Beijing wants to exert control, the more it slips away. Is pragmatism going to trump ideology in Beijing? In the current environment, the PBOC letting the RMB free float might not be so unbelievable after all.
Our Singapore Multi-Asset and Equity team analysts cover oil’s swoon using a bit of humor, but the clear-cut conclusion is of great importance.
Real yields and inflation expectations currently suggest exceptionally low growth and low inflation far out into the future.
There are several credible reasons to expect that QE will boost corporate earnings in Europe, though by not as much as in the US. However the risk of disappointment relative to inflated expectations remains high.
These reforms coupled with strong balance sheets and demographics will support higher levels of global growth for decades to come.