EU referendum dominates ETP flows


Last week saw investors continue to purchase safe haven assets as inflows into precious metals totalled US$111mn. Last week saw investors continue to purchase safe haven assets as inflows into precious metals totalled US$111mn. Year to date inflows into precious metals now total US$2.5bn, closing in on the highest six-month… Read More »

China A-shares inclusion in MSCI


The MSCI Inc. annual review process outcome has just been released. At a glance, the announcement is positive for Pakistan, Argentina and Saudi Arabia, neutral for Peru and Korea, and potentially negative for Nigeria and China. Positive: MSCI Pakistan: to join MSCI EM Index in the May 2017 semi-annual index… Read More »

What the MSCI decision means for global investors in the short-term

Mark Valadao -

The long-term implications to global investors on China A share inclusion into MSCI indexes Despite MSCI’s decision , China A shares should still be on the table as an opportunity set as global investors prepare for its inevitable inclusion into MSCI Emerging Markets. It’s not a matter of if but… Read More »

UK Equities: Should I Stay or Should I Go?


The potential of a ‘Brexit’, UK citizens voting to leave the EU in the referendum on 23 June, is a tailrisk event investors have had to wrestle with for what now seems like some considerable time. While the latest opinion polls have shown a surge in favour of remaining in… Read More »

Have your cake and eat it with the contrarian model


Taking a contrarian view to a traditional reading of key indicators of commodity prices boosts the return of traditional portfolios of commodities The contrarian modelIn our January paper, How to make the best of commodities: the contrarian model1, we discussed the concept of a contrarian strategy being applied to indicators… Read More »

Emerging market, the key is a flexible investment approach


Calich (M&G): “It is important to have the ability to move between these sub-asset classes and choose the best ideas within the universe” “A flexible investment approach remains key when investing in the emerging bond markets, given that the dispersion of returns between hard and local currency-denominated bonds and sovereigns… Read More »

Source and the great success for gold ETFs


Caleffi: “In 2016, our gold product attracted more than €900 million, making it the second largest asset gatherer of any product in Europe”. In the 2015, half of the inflow was into equity ETFs The rapid increase in the number of exchange traded funds (ETFs) in recent years has made… Read More »

A more dovish Fed? Taking stock with US dividends

Antoine Lesné -

As expected, the Federal Open Market Committee (Fed) kept official rates at their current levels when it met on 10 March Despite inflationary pressure building, the Fed lowered its projections for the pace of future rate hikes given ongoing concerns about the global economy.While growth forecasts have been downgraded, it’s… Read More »

Fixed income, the winning portfolio


O’Leary (SsgA): “Emerging market debt and high yield should have a place in a portfolio for investors with a longer term investment horizon” In a context characterized by low interest rates, which opportunities are in the bond market? And then, what is the growing role of the ETFs in this… Read More »