CPD: Growth in a post-COVID world

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Growth stocks have been on an upward trajectory for years, a trend that has accelerated due to the COVID-19 pandemic. In this article, GSFM shares insights from Munro Partners, global growth investment managers. While classifying stocks as either growth or value is a relatively simplistic view, it’s one that’s had particular relevance in the current... Read more continue reading

US election impact on investors

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With the US Presidential election just seven weeks away, Frontier Advisors has undertaken a ‘virtual’ trip to the US to meet with several investors, think-tanks, academics and pundits to discuss how investors should be thinking about portfolios heading into this event. They have teamed these insights with analysis of market responses to past elections to... Read more continue reading

Investing in emerging Asia amid rising global tensions

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Europe reaches tipping point Tensions between the US and China are heating up and the European Union is facing increasing pressure to choose a side in the wake of COVID-19. That’s the view of Principal Global Investors Chief Strategist Seema Shah. “China is increasingly considered a strategic rival to the West. Since China was accepted... Read more continue reading

Geopolitical ramifications of the upcoming US election should not be underestimated

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In the US presidential election, the polls have tightened over the past several weeks and market-implied betting probabilities have started to close. Eric Stein, Co-Director of Global Income at Eaton Vance Management notes: “At this point, however, I think Joe Biden should still be considered the frontrunner. Recent momentum for President Trump depends heavily on... Read more continue reading

The post-COVID economic factors that merit investor consideration

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For obvious reasons, everyone is focused now on the pandemic, the mitigation policies being put in place to control it and the huge monetary, fiscal and medical implications. “But there are other external factors worth discussing for the impact they could have on the world’s major economies,” notes Jack P. McIntyre, Portfolio Manager, Brandywine Global.... Read more continue reading

COVID-19 impact not as severe as initially feared

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The Tribeca Alpha Plus Fund has released its latest monthly report and market commentary. In it, lead portfolio manager Jun Bei Liu says: “What is now clear is that the immediate impact of COVID (for most sectors) is not as severe as initially feared, but the initial recovery enthusiasm has been muted by concerns of further... Read more continue reading

Market disruption accelerating post COVID-19

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Munro Partners has released the latest Munro Global Growth Fund report and market commentary. In it, Chief Investment Officer, Nick Griffin, says:  “With a reasonable equity risk premium relative to bonds still available, the backdrop for equities continues to be positive. However, as always, we remain watchful for any events that may derail this outlook.... Read more continue reading

Australian millennial investors jump on COVID-19 volatility

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A clear correlation has emerged between risk appetite during the COVID-19 pandemic and the age of investors, according to research conducted by Calastone, the largest global funds network. The research, which surveyed people in Australia, New Zealand, Hong Kong, UK, U.S. and Germany to assess current investment sentiment and behaviour, shows that investors, particularly millennials,... Read more continue reading

Weakening fundamentals in high yield create a dramatic uptick in fallen angels

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The COVID-19 crisis and sharp fall in economic activity has led to deteriorating corporate fundamentals for many high-yield issuers, which we think warrants close watching, says Jeffrey D. Mueller, Co-Director of High Yield Bonds and Portfolio Manager at Eaton Vance. He notes: “We’ve seen a contraction across earnings, revenue growth and interest coverage, along with... Read more continue reading

Few clues in reporting season on future market recovery

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While the market appears to be pricing in a recovery in the next year or two, the overriding theme from reporting season was one of ongoing caution and uncertainty, said Hamish Tadgell, portfolio manager at SG Hiscock & Company. “Perhaps unsurprisingly, the message by almost all companies during reporting season was that no-one knows what... Read more continue reading