Manulife’s Langridge: EM investors should fear repeat FANG sell-off
Another sell-off in FANG stocks could have significant repercussions for emerging markets, said Kathryn Langridge of Manulife Asset Management.
Another sell-off in FANG stocks could have significant repercussions for emerging markets, said Kathryn Langridge of Manulife Asset Management.
Axa’s Nigel Thomas has admitted that 2016 was one of the worst years of his career in terms of his funds’ relative performance.
Investors have said that president Trump’s decision to turn his back on the Paris Climate Agreement ignores the economic benefits that renewable energy brings.
Just hours away from polling day, and the UK general election looks to be the first major vote in some time not defined by the dreaded ‘P’ word.
Five managers give Portfolio Adviser the low-down on their current cash levels and what assets, if anything, they intend to splurge on.
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.
Rowan Dartington technical investment director Guy Stephens said the US, UK and eurozone tick two of the three boxes that point to a stagflationary resurgence.
For the past several days the dollar has hovered at less than £0.77 to the pound, signalling that markets have “woken up to Trump” risks, according to Architas investment director Adrian Lowcock.
There seems to be an investor consensus that emerging market stocks will continue to outperform both in the short and medium term.
David Coombs, head of head of multi-asset investments at Rathbones believes passive funds may be inadequate to overcome the challenges arising in the new political climate.
The “Trump bump” may have slumped in 2017, but EdenTree Investment Management’s CIO Robin Hepworth argues the value trade is for the long-haul.
The idea a ‘Trump bump’ has made markets rally is illusory, according to a highly-regarded investment strategist