Views

In this week’s edition: what can we expect from the much-anticipated Covid-19 vaccine?; and what happens if factor volatility becomes a regime change?

In this week’s edition: South Korean exports point to a slowing recovery; US inflation is at a crossroads; and a US election that markets are regarding as a glass half full.

The percentage of stocks beating the S&P 500 Index over the trailing 12 months drops to an ominous threshold; and what if we told you that mega-cap tech is one of only a few sectors that’s actually justified in its valuation?

Hedge funds were dealt a sharp blow in the last week of October, despite generally positive returns in the first half of the month.

The current extremes in deflation, inequality and debt mean the conditions are right for several major investment regime shifts in the next decade. In the fourth episode of our CIO webinar series, Sandy Rattray, Ben Funnell and Teun Draaisma discuss these potentially dramatic changes in the investment landscape; from paper to real assets, Growth to Value, and traditional assets to alternatives.

The environment for hedge funds remains broadly attractive in credit, specialised equity long-short, quantitative and equity arbitrage strategies.

Failures of pricing: are markets incorrectly valuing the implications of Biden’s tax plans and the conclusion of Brexit negotiations?

Margin expansion, earnings-per-share growth, but cheap: why Japan stands out.

As we enter the final few months of an incomparable year, it is difficult to tell what trends in asset management will return to their previous track and what has been irrevocably changed by the coronavirus pandemic. In the third episode of our webinar series, Sandy Rattray and Luke Ellis discuss the future of fund management.

In this week’s issue: why we believe the US is not heading for a liquidity crunch; and another V-shaped recovery, this time for US temporary payrolls.

Do persistently high volatility futures mean that the market’s biggest US election fear is not who wins, but for how long the result may be in doubt?