When Donald Trump was first elected US president, investors believed it would power US equities to new highs while emerging market assets were expected to suffer. Four months into his presidency, expectations have changed radically.
Some sustainable index trackers have outperformed their plain vanilla peers since they were established a few years ago, while others haven’t.
There seems to be an investor consensus that emerging market stocks will continue to outperform both in the short and medium term.
Emerging market equities and bonds have outperformed their developed rivals by a large margin year-to-date, resulting in a surge in inflows.
The fact that the Euro Stoxx 50 index recorded its largest one-day gain since July 2012 on Monday suggests the importance for investors of Emmanuel Macron’s victory in the first round of the French presidential elections can hardly be overestimated.
Record-low bond yields have sent investors in search of alternative credit options. With absolute return funds underwhelming, its time to look elsewhere in fixed income.
2016 saw some highly successful launches of fixed maturity bond funds as investors took the opportunity to lock in attractive yields combined with reduced duration risk.
The Dutch elections are unlikely to result in the populist, anti-EU Freedom Party (PVV) taking power. But the elections are important for another reason.
Inflation-linked bonds have been a popular trade in recent months, and investors plan to continue buying more as inflation expectations are being revised upwards. But can you really tame the spirits of reflation with inflation-linkers?
The MSCI World keeps breaking records, powered by a seemingly unstoppable US equity rally. Is it a good idea to up your allocation when markets are at a record high, or should you take a contrarian stance?
European equity mid- and small-cap funds have outperformed their large cap counterparts by a factor of five over the past two years. Why has this been the case, and will the outperformance endure?
A little over a month into Donald Trump’s presidency, US equity indices are at record highs and money keeps flowing into the asset class. Are markets right to be sanguine?
