In this second part, Head of Collectives Research and Senior Portfolio Manager, Jordan Sriharan, looks at how active managers are re-shaping their fixed income and equity portfolios in order to navigate choppier waters.
TMI's Investment Commentary for September 2018 is now available to download.
During 2017 investors enjoyed several positive surprises. Economic growth was stronger than consensus forecast at the start of the year, inflation was notably lower than expected in most major economies (with notable exceptions like the UK) and corporate profitability recovered from the weakness seen the previous year. All these meant that investors’ expectation at the start of 2018 was that growth would accelerate further over the course of this year.
Jordan Sriharan, Head of Collectives Research and Senior Portfolio Manager, re-evaluates portfolios for H2 2018.
Abi Oladimeji, Chief Investment Officer, provides his thoughts on the various asset classes and currency markets ahead of a "long summer for Sterling" with ongoing Brexit-related uncertainties.
TMI's Investment Commentary for August 2018 is now available to download.
TMI's Investment Quarterly for July 2018 is now available to download.
Value investing, the contrarian strategy which focuses on buying unloved and cheap stocks in the expectation that valuations will revert back to their long-term averages, has been a winning strategy in Japan over the last two decades.
Going into care is often a worrying and stressful time for all involved. There's the emotional stress for the individual and their family; the practicalities of the move; and last but not least, the financing of the move.
Since becoming President, Donald Trump has revelled in upsetting the status quo. Through much of 2018 he has targeted international trade through first threats and then ultimately the introduction of import tariffs on targeted sectors. This appears to be the easiest way to attack globalisation, which is increasingly seen as synonymous with the structural changes that have adversely impacted sections of the developed world’s working populations.