Martin Currie expands ESG analysis to include Carbon Value at Risk and U.N. Sustainable Development Goals, focus areas include modern slavery and climate change

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Martin Currie, the active equity specialist investment manager of Franklin Templeton, and steward of A$25 billion in assets under management as of February 28, 2021, has significantly enhanced its analysis of environmental, social and governance (ESG) factors. In its newly published annual stewardship report[1], Martin Currie outlines its activities over the past year, which include mapping

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China vs the rest: Geopolitical struggles impact investment outcomes

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Four years into an escalating confrontation and nearly a year into the first truly global pandemic in a century, the world is poised for a geopolitical and economic rollercoaster ride, according to Martin Currie, a global investment manager. Investors and asset owners are greatly impacted, so we need to track a variety of issues- historical

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Now is the time to invest in infrastructure

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Today, there is an undisputed infrastructure investment gap right around the world – as evidenced by the American Society of Civil Engineers (ASCE) regular reporting on the state of US infrastructure which has averaged grade D (meaning Poor, At Risk) since 1998. In developing countries, however, the ability to deliver these types of projects is

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The need for companies to pay out their dividends has never been greater

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Many companies are debating whether or not to pay out dividends, given current economic circumstances. Martin Currie, a leading Australian equities manager, has, ahead of Australia’s August 2020 reporting season, sent a letter to the chairperson of every major company in their Equity Income, Real Income and Ethical Income portfolios, highlighting the “Power of Dividends”

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Shifting the global balance: Emerging markets could be poised to replace the U.S. as the main engine of global growth as current trends normalise

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Martin Currie, a Legg Mason affiliate manager, present their view on the world economy in 2020. In the U.S., economic activity has been waning, principally caused by trade tensions with China.  There are “green shoots” in the negotiations, but as the tensions have escalated and tariffs have affected supply chains and product price inflation, the

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Springtime value for Australian equities

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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’

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Budget surplus to drive consumption

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The Federal budget is expected to be in surplus for the first time since just prior to the global financial crisis in 2008. Economic forecasters are suggesting a surplus level of around A$15 billion. Ahead of today’s Federal budget, Reece Birtles, Chief Investment Officer, Martin Currie Australia, a Legg Mason Affiliate, says: “The Australian economy

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What we’ve learned so far, this reporting season – Proposed franking changes front of mind

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Australia’s semi-annual reporting season is almost coming to an end. Profit results are being clouded by negative sentiment on politics, financial conditions and house prices. “But politics is also creating an interesting dynamic for dividends and capital management,” notes Reece Birtles, Chief Investment Officer, Martin Currie Australia, a Legg Mason equities investment affiliate manager. He

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Reporting season dominated by cost pressures and high P/E- What does this mean for investors?

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The current Australian reporting season has largely overlooked the fundamentals, instead rewarding stocks with high P/E ratios regardless of lackluster earnings, according to the active equity specialist Martin Currie, an affiliate of Legg Mason, one of the world’s largest funds management groups. Martin Currie Australia, Chief Investment Officer, Reece Birtles says that despite the positive economic backdrop,

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Investment opportunities abound across China’s ‘digital silk road

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The advance of China’s digital economy over the last few years has been nothing short of incredible says Kim Catechis, Head of Emerging Markets at Martin Currie, the active equity specialist for Legg Mason. The Chinese technology sector already makes up more than 30% of the country’s GDP and it is estimated this percentage will

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