JPM: Reflation trade splits S&P 500
More than one-third of the S&P 500 will be adversely hit by the reflation trade amid a “violent rotation” in equities, according to JP Morgan’s James Davidson.
Financials
-
-
Jupiter’s de Blonay backs resurgent Indian credit cycle
Jupiter’s Guy de Blonay has taken nearly 5% exposure to India across his three portfolios, recognising the superior growth prospects and noting that its credit cycle is “coming back to life”.
-
Buxton eager for bank tailwinds; predicts further sterling fall
Old Mutual Investors’ CEO Richard Buxton is looking for a steeping yield curve or further lifting of US interest rates, both of which would benefit his holdings in UK Banks.
-
Buxton: Trump will win US election
Old Mutual Global Investors CEO Richard Buxton is predicting a Donald Trump victory, and a subsequent aggressive shift in global fiscal policy.
-
PA OPINION: London vs Hong Kong – out of the frying pan…?
Even by the very nature of its name, HSBC has always been the most Asian-facing of the multinational super banks, so why does it want to extend its stay in London?
-
Carmignac Patrimoine looks to European bank credit, cuts equities
Carmignac Patrimoine has shifted its focus to US treasuries and credit opportunities in European financials as the managers maintain their bearish view on equities.
-
Seeking behavioural opportunities in the Black Monday contagion – M&G
China contagion has brought out opportunities in European equities and US banks, according to M&G’s multi asset team.
-
PA ANALYSIS: No hiding place from China’s malaise
As the dust (hopefully soon) starts to settle on last week’s market carnage, investors are out pointing fingers at the biggest losers, and speculating on whether they could be tomorrow’s big winners.
-
PA ANALYSIS: Income seekers deposit faith in banks
With income high on investors’ wish lists, but with large-cap defensives arguably looking undesirably expensive, the spotlight is back on financials to deliver – and apparently they have.
-
How to get around the mid cap valuation problem
The UK mid cap space is no longer a valuation haven say industry experts, but there is still potential for earnings growth.
-
‘Westernisation’ of Chinese banks threatens US and European counterparts – Dehn
The ‘Westernisation’ of Chinese banks will see them directly competing with their US and European counterparts, says Ashmore’s Jan Dehn.
-
Are the next three weeks a great opportunity
We are now just three weeks from the general election in the United Kingdom so a significant window of opportunity could be closing, depending on your assessment of the situation.
