Discretionary

What are the merits of allocations to Asia ex-Japan versus EM more broadly? The truth is there is not much difference when it comes to beta. The real conversation should be about the opportunity to generate alpha. 

The dismissal of Naci Agbal as the governor of Turkey’s central bank after only five months has precipitated a crisis. Applying restrictive capital controls seems the only way out.

How can investors invest responsibly in the energy sector? The answer lies in encouraging the companies to invest in renewables, adopting challenging net zero carbon targets, and improving the quality of their disclosures.

Is responsible investment just a factor and sector bet, a sophisticated cover for sticking it all on green? The short answer is no. RI balances portfolios, and provides risk management and alpha.

Has the distressed credit party come and gone? We would argue no – if investors are prepared to be selective and geographically flexible.

Economic dynamics in Asia provide enormous opportunities to create alpha from stock picking. But it is rarely a function of the level, or even change, of nominal GDP.

It is more important than ever that hedge fund investors are able to distinguish genuine responsible investment managers from those that greenwash. In this article, we outline what we believe is best practice when assessing an investment manager’s RI credentials.

Are aging populations disinflationary? Lots of people seem to think yes, but we’re less convinced.