EMEA
Insights
Investment Insights by our experts and thought leaders
Balancing Act-Monthly insights: Multi-Asset Team-February 2024
by — 29 February, 2024
The seemingly impossible soft landing on the back of one of the most aggressive monetary tightening cycles in history is looking not just possible, but increasingly probable. US data is coming in stronger and global demand is generally steady with increasing channels of potential upside.
Energy security and Future Quality
by , — 21 February, 2024
Our Future Quality investment philosophy revolves around identifying companies that have pricing power, possess management teams that invest will appropriately, boast strong balance sheets and offer opportunities that are not yet priced in by the market. This approach will remain constant in 2024 although we are also acutely aware of the significant impact energy security will have on global decarbonisation efforts.
Harnessing Change - Monthly Insights: Asian Equity-January 2024
by — 19 February, 2024
The Indian market remains attractive. It has the highest earnings growth in the Asian region, valuations that are in the middle of its historic range and an economy that is growing strongly with inflation under control.
New Zealand Fixed Income Monthly – January 2024
by , — 19 February, 2024
Despite continued struggles with inflation in New Zealand and elsewhere, our view is that the RBNZ’s next change to the OCR is likely to be downward, albeit at a later timing than the market has recently been expecting.
New Zealand Equity Monthly –January 2024
by , — 16 February, 2024
We view 2024 with optimism—markets could begin to be driven by company earnings rather than by inflation outcomes and interest rate expectations as they have in the past year, and New Zealand’s market is well placed to shrug off volatility experienced in 2023.
On the Ground in Asia-Monthly Insights: Asian Fixed Income-January 2024
by — 16 February, 2024
We expect an anticipated decrease in developed market bond yields, coupled with enhanced foreign inflows, to bolster demand for Asian bonds. We see Asia credit remaining well supported with subdued net new supply as issuers continue to access cheaper onshore funding.
Unlocking fixed income biodiversity opportunities: NWB Bank
by , — 15 February, 2024
While bond issuers have embraced the opportunity to help fund the transition toward carbon neutrality, the issuance of nature and biodiversity-related bonds remains more limited. However, biodiversity bond issuance is beginning to move from niche to mainstream.
The Future Quality approach to navigating the AI arms race
by — 13 February, 2024
The emergence of AI has dramatically shifted the future pathway for the technology sector, and our research has found that this emerging structural trend chimes with our Future Quality principles.
Navigating Japan Equities: Monthly Insights from Tokyo (February 2024)
by , — 07 February, 2024
This month we discuss how emerging growth narratives such as semiconductors may come into focus in 2024; we also assess the slightly hawkish turn the BOJ took at its January policy meeting.
Japan’s reform measures pave the way for an exceptional 2024
by , — 01 February, 2024
Last year, global investors turned their attention firmly towards Japan as a way of increasing their Asia exposure while avoiding perceived geopolitical and regulatory risks linked to China, and amid the high inflation environment dominating western economies. But this year, Japan’s success is more based on its own merits.
