The incessant investor demand for exposure to new economy sectors has driven valuations of the emerging world’s high growth companies to historical levels. Furthermore, investors have ignored traditional value sectors, driving the divergence of valuations between new and old economy stocks to new highs. For Value investors, this has created many areas that are being…
How long can the good times roll? This is a question that an increasing number of U.S. investors are asking in the wake of a turbulent summer on equity markets…
While we believe the fundamental environment remains sound, it’s not improving. As risks are rising, prudent investors may want to consider the merits of positioning portfolios more conservatively, at least at the margin. Though we don’t think a recession or bear market is imminent, returns going forward may be more muted than they have been…
T. Rowe Price’s Frontier Markets team explains why their boots-on-the-ground approach is critical to identifying opportunities in this under-researched asset class.
A handful of giant tech companies have led the global bull market, thanks to their rapid earnings growth. While privacy and political issues bear watching, we believe the growth potential of these firms outweighs regulatory risks. The tech giants have been the driver of an extended cycle of outperformance for growth investors. Whether growth continues…
The rise of populism is increasing the risk of a near-term policy shock, and thus of renewed market volatility. While we believe the fundamental environment remains sound, risks are rising. This suggests that prudent investors may want to consider positioning portfolios more conservatively, at least at the margin.
