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... 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... Read more continue reading

Now is not the time to ignore alternative investments

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The global outlook from a fundamental economic standpoint is clearly one of a high degree of risk.  Yet, the price for all forms of risk assets seems to continually defy... Read more continue reading

The great influenza – the story of the greatest modern pandemic and its lessons for 2020 and beyond

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The world now faces another major pandemic. While the death toll in the current pandemic is still but a fraction of the greatest modern pandemic – the 1918 Spanish flu... Read more continue reading

Thinking about liquidity

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A slightly controversial chart Last month, we published a paper of the 10 most interesting charts right now. One chart, which suggested the Federal Reserve does not influence long-term stock... Read more continue reading

Opportunities in global real estate market strengthen after recent sell-off

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Despite a significant downdraft since the onset of the worldwide COVID-19 pandemic, global real estate securities represent good value with most companies better positioned now than in the Global Financial... Read more continue reading

Ninety One China A Fund launch: capturing China’s domestic growth

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Ninety One, previously Investec Asset Management, has announced the launch of the Global Strategy Fund – China A Shares Fund, as part of the Luxembourg-domiciled GSF range. The Fund is... Read more continue reading

Conviction edges up for emerging-market credit

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Emerging-market (EM) debt rebounded strongly in the second quarter across hard currency sovereign and corporate credit as well as local-currency debt. Bradford Godfrey, Institutional Portfolio Manager Director of Alternative &... Read more continue reading

GOLD ETF hits $2 billion as prices hit new records

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In times of trouble, investors tend to turn to gold. That truism is being played out before our eyes again this year amid a global pandemic, a global recession and,... Read more continue reading

Inoculating markets from economic influenza – investing in a post-COVID world

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Economic uncertainty existed before the COVID-19 pandemic, but investment performance depends on more than economic fundamentals, according to GSFM and its fund manager partners Payden & Rygel, Munro Partners and... Read more continue reading