Our forecasts for longer dated government bonds were for yields to gradually rise during 2018, but not in an uncontrolled manner. At 2017 year end, we had 10 year Treasuries at 2.75%, bunds at 0.75% and gilts at 1.50%. These moves are small, but severe enough for us to position… Read More »
The world balance is changing under the influence of China as it seeks to establish a different path for globalization. America is trying to stage a response at Davos with the White House realizing that America needs its partners in order to be great again. Meanwhile, French growth is running… Read More »
World Gold Council -
Bitcoin’s parabolic price rise was the big story of 2017 – putting the spotlight on the cryptocurrency market. While gold’s performance was a solid 13%, it was a fraction of the 13-fold increase of bitcoin by the end of the year. Some commentators went as far as to claim cryptocurrencies… Read More »
As was expected, the ECB has refrained from announcing any change to its monetary policy settings. The strength of the euro was recognised with Mario Draghi mentioning exchange rate volatility quite early in the introductory statement but he did not push more against this trend. The question about the strategy… Read More »
The strong euro and its drag on inflation have increasingly been the subject of comments by the European Central Bank’s Governing Council members. At $1.24 at the time of writing, the euro-U.S. dollar exchange rate is back to levels not seen since end-2014, before the announcement of quantitative easing in… Read More »
We expect no new monetary policy decisions by the ECB at this Thursday’s meeting. One main consequence of the strengthening of the euro is the effect on monetary conditions in the Eurozone, which have become less accommodative. With the appreciation of the euro – 2% since the beginning of the… Read More »
La Française and Fred Alger Management, Inc.announce that the Alger Small Cap Focus strategy now exceeds $650mm and the corresponding SICAV—Alger Small Cap Focus Fund (the “Fund”) has reached $52.3 million in assets under management (as at 31/12/2017). The Fund is a focused portfolio with generally fewer than 50 high-conviction… Read More »
Looking ahead in 2018, we consider the impact of Inflation and geopolitics to investments, examine the valuation level of assets and assess the risk of the market, in order to establish the key factors that could impact returns for this year. 2017 has on one hand been an uneventful year,… Read More »
In the past year Glunz & Jensen has been restructuring their business to transform the company into a more profitable, efficient and more cohesive business. A part of the plan has been to merge departments across Denmark and move their activities and headquarters to Nyborg, the eastern part of Funen.… Read More »
Resurging credit growth will be the key driver behind Emerging Market equities continuing the outperformance that started two years ago, NN Investment Partners says. The growth in EM ex-China credit, or the amounts lent by banks to companies, institutions and consumers, rose throughout 2017 from 6.8% in January to 9.4%… Read More »
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