Insight Multi-Asset weekly update – week beginning 21 October, 2019

From

Market and economic review Last week was characterised by relatively light trading volumes across markets. There was similarly limited progress in the ongoing trade dispute between the US and China. Global equities did gradually climb higher throughout the week, with reaction to US earnings particularly positive. European government bond yields rose on the back of […]

continue reading

Insight Multi-Asset weekly update – week beginning 15 October, 2019

From

Market and economic review Positive developments in both trade and Brexit result in a strong week for equities Despite last week beginning with a series of negative headlines around the US-China trade war, the outcome of the planned talks between President Trump and Chinese Vice Premier Liu He gained positive momentum as the week progressed. […]

continue reading

Vacancy rates dip in September

From

Data released by SQM Research yesterday has revealed the national residential vacancy rate edged lower to 2.1% in September 2019, down from 2.2% in August, with the number of vacancies dropping in most cities. The number of vacancies Australia-wide sat at 71,404 properties. Sydney’s vacancy rate dropped to 3.2% in from 3.4% in August with […]

continue reading

Weekly market update – week ending 11 October, 2019

From

Investment markets and key developments over the past week Investment markets were whipsawed over the past week by conflicting reports regarding prospects for the latest US/China face to face trade talks in Washington on Thursday and Friday, with optimism prevailing later in the week. US shares still fell but Eurozone, Japanese and Chinese shares all […]

continue reading

Asia Pacific insurers remain positive on investment outlook with an increasing focus on portfolio resilience

From

Insurers remain positive about the short-term investment outlook and do not see a global recession coming before 2022, according to new research from BlackRock on insurers’ investment portfolios. Despite their optimistic economic outlook, Asia Pacific insurers’ allocation to risk has been tempered slightly relative to 2018, in part due to evolving regulatory landscape. As a […]

continue reading

Insight Multi-Asset weekly update – week beginning 8 October, 2019

From

Market and economic review US data disappoints markets The US ISM non-manufacturing print was much weaker than expected at 52.6 (55.0 expected), the lowest level since August 2016. Meanwhile, the manufacturing print fell to 47.8, the lowest in a decade and well below the expected 50.0 reading. US non-farm payrolls came in at 136,000 (versus […]

continue reading

Weekly market update – week ending 4 October, 2019

From

Investment markets and key developments over the past week Global share markets fell again over the last week on the back of increasing concerns about US and global growth after another fall in the US manufacturing conditions ISM index. Global growth fears also weighed on the Australian share market with all sectors in the red […]

continue reading

Headlines still worried, momentum a little better

From

Principal Global Investors has released its Economic Insights for the month of September. Writing in the note to investors, Chief Global Economist, Dr Bob Baur, said that the world economic slowdown refuses to fade, however, economic momentum feels better. The tug-of-war “For some months, the world economy has seemed at a crossroads. With industrial activity stagnating, confidence downcast, […]

continue reading

Insight Multi-Asset update – week beginning 30 September, 2019

From

Market and economic review Markets had a lot to digest last week ranging from a variety of data releases, political challenges and trade war developments. Once consumed, developed market equities were broadly flat and emerging market equities were down 1-2%. Government bond yields tightened while the riskier end of the fixed income spectrum posted small […]

continue reading

Springtime value for Australian equities

From

Legg Mason’s affiliate Martin Currie says that despite the ‘green shoots’ in consumer spending leading into the recent reporting season and company results being broadly in-line with expectations, the EPS revisions by brokers post-results had the worst ratio of downgrades to upgrades in over 10 years[1]. Martin Currie Australia’s Chief Investment Officer, Reece Birtles notes: “The ‘green shoots’ […]

continue reading