Stenham: Credit investors must prep for energy defaults
The downtrodden high-yield market is pricing in more trouble than anticipated, but investors should expect a wave of energy sector defaults, says Stenham Asset Management.
Energy
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EMs and energy out in the cold as managers go long on the dollar
Fund manager sentiment on emerging markets and energy stocks has hit a new low, according to Bank of America Merrill Lynch’s August Fund Manager Survey.
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Shell shares shake off profit plunge
Royal Dutch Shell shares have shaken off a 56% plunge in profits revealed this morning.
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US consumption will push Mexican growth
Rising US consumption will boost the Mexican manufacturing sector and subsequent wider economic growth, according to the manager of BlackRock’s Latin American Trust.
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PA ANALYSIS is energy back on shopping list
Out of favour in markets over the past years, energy equities are starting to capture the imagination of investors and making it on their to-buy lists.
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ETF Securities launches new US energy fund
According to the ETP provider, the new product will allow European investors access to the US energy space in a new way.
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Be contrarian buy commodities
Conventional wisdom says if China struggles then so does demand for commodities, but does that make resources a contrarian opportunity worth pursuing today?
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PA ANALYSIS Crimea river of energy winners
The prospect of war in the Crimea is bringing out the best in the doomsayer national news headline writers while the more astute financial publications look straight through them in search of the investment winners and dump the losers.
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Energy the contrarian bet for 2014
Despite underperforming the past two years, all hope is not lost: energy investments could play out favourably for those willing to risk it.
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Riverstone to spend 100m on unexplored plays
Riverstone’s new energy fund has ploughed $100m into capturing unexplored opportunities.
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BlackRock Emerging markets Europe energy stiocks
BlackRock’s Sam Vecht is looking to out of favour energy giant Gazprom to power his £111.1m Emerging Europe trust.
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income growth missing ingredient
Russ Koesterich looks at the impact of trends in individual savings rates and income growth – or the lack of it – on where investors should be concentrating their efforts.
