PA ANALYSIS: For EMs, when does loathing turn to opportunity?
Barring commodities, it is hard to think of a more hated asset class than emerging markets right now, especially after the events in China over the past few days.
Analysis
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PA ANALYSIS: Is there cause for Japanese caution?
The Japanese equity market remains, for many investors their highest conviction overweight. But, over the past few days eyebrows have been raised about the level of growth in the region on the back of stalling exports, compounded by worries about the impact of the recent yuan devaluation.
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PA ANALYSIS: Nothing conventional about Chinese currency slump
There has been a lot of conventional wisdom bandied about over the past few days in relation to China’s loosening of the renminbi peg.
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PA ANALYSIS: China creating big trouble for emerging markets
The issue of the value of China’s currency versus other major currencies, particularly the US dollar, has been rumbling on for many years now.
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The ETF snowball effect: Are active managers being wiped out?
Exchange-traded Funds make trading more expensive, because they reduce liquidity of the underlying stocks in the ETF. This doesn’t only compromise investors, who are confronted with higher costs, but also makes markets less efficient. These are the main conclusions of a study conducted by three scholars from the United States and Israel*, based on data…
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PA ANALYSIS: Investors see through BoE’s newfound transparency
I’ll be honest, with the excitement around the Ashes and the return of Premier League football this weekend, I thought ‘Super Thursday’ was something to do with Sky Sports scheduling.
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PA ANALYSIS: Is predictable monetary policy making asset allocation an easy game?
As news of healthy numbers in the United States today hardens expectation that the Federal Reserve will raise rates next month or very soon after, investors may be thinking everything is just as heavily advertised.
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PA ANALYSIS: Sterling strength a wildcard in rate debate
Sterling fell the most in two weeks on Thursday following the news that only one member of the Bank of England’s Monetary Policy Committee had voted to raise rates this month.
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PA ANALYSIS: The dangers of the wealth management consolidation race
Wealth management and financial advice firms have been snapping up their peers at some rate in the post RDR world, but in recent months this has been kicked up a gear.
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PA ANALYSIS: The great global equity fund flop
Equities have inarguably been the best growth trade of recent years, so why have global funds, which supposedly cherry pick the winners, consistently struggled?
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PA ANALYSIS: Will rate hike and loan rise be a chance for the challengers?
With business lending set to increase and a rate rise looming, will this window of opportunity for UK challenger banks be something investors can tap into?
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PA ANALYSIS: Investors hoping for August respite will be disappointed
The summer slowdown is a myth. Anyone hoping that July and August would provide some respite from the volatility and uncertainty that has characterized financial markets in the past few months has been and is likely to remain disappointed.
