Is high yield still a good investment
Having rallied strongly over the last four years, high yield debt is at a crossroads, writes Bryn Jones, Head of Fixed Income Research, Rathbone Unit Trust Management.
Profiles & Comment
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survive china credit crunch
China’s debt has has alomost trebled in the past five years, to $23trn, leading to a dangerous financial burden that could bring about its very own credit crunch.
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Few reasons for rich India valuation
We have had very little exposure to India since we launched the Asia Income Fund and still believe we can find better equity exposure within the region, writes Mark Williams, co-manager of the Asia Income Fund.
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avoid cos relying on the global recovery
Equity markets this year have reflected a recovery in the global economy but the risk of growing over-optimism means too quick a rise could work against equity investors.
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Reforms unambiguously positive for China
There is no other country on the planet better than China to implement deep, broad, and long-term structural reforms, writes Jan Dehn, head of research at emerging markets manager Ashmore.
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is the us dividends party over
The number of dividend payers – and the level of dividend payment – in the US might be growing rapidly but we believe some of these companies are expensive or poor quality.
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emerging markets no single group
What most investors understand when we talk about 'emerging markets' is actually a group of countries with such different economic and market drivers and with hugely different dependencies on the rest of the world, that we need to stop refering to them as a single investment concept.
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residential property
Residential property is gaining traction as an investment in its own right and at £5trn in size it dwarfs the commercial property market.
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danger Lehman five year comparisons
The introduction of KIIDs means that, given Lehman Brothers' collapse was just over five years ago (15 September 2008), fund groups will have to reflect this material change to investors – but will investors really understand why volatility has not actually reduced?
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five new stock opportunities China new economy
As China slowly moves its main source of economic growth from exports to domestic consumption there are twin universes appearing of state-dominated sectors such as energy, telecom, and banking alongside more nimble service and consumer sectors.
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beware company dividends
A company can giveth as easily as it can taketh away so it is not enough to identify a high dividend yield as its dividend sustainability is arguably an even more important factor.
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china credit bubble key risk global recovery
Rothschild WM considers many of the risks of 2012 year fading as 2013 moves into 2014 but one risk that stubbornly remains is one it feels investors are complacent over – China's unsustainable debt bubble.
