Emerging market stocks have had a rollercoaster ride in recent years. This is not unusual for an inherently volatile section of the global stock market. However, investors with longer time horizons shouldn’t be deterred. As the economic engine shifts increasingly east and south, and capital markets develop in tandem, emerging markets would be expected to offer returns in excess … [Read more...] about Are Emerging Markets assets worth the volatility?
The latest developments suggest that trade tensions between the US and China will be more protracted than previously expected. The US recently announced it is raising tariffs on $200 billion of imports from China to 25% from 10%, and China has responded by increasing tariffs on $60 billion of imports from the US. The US had warned Beijing not to respond to the tariff … [Read more...] about Who will pay as the US-China Trade Wars intensifies
“It’s tangible, it’s solid, it’s beautiful. It’s artistic, from my standpoint, and I just love real estate.” - Donald J Trump There is $8 trillion worth of institutional-grade commercial property in the world today according to a recent research paper by the benchmarking agency MSCI. Much has changed in recent years: the availability of a wider and more flexible variety of … [Read more...] about Investor’s guide to Global Property investing
Psychological research suggests that markets are not wholly efficient, but are swayed by behavioural biases. Behavioural finance is a discipline that draws on psychology to explain cognitive and emotional errors made by investors. It is a corrective to the efficient market hypothesis of traditional economics, which, in portraying investors as sublimely rational wealth … [Read more...] about Behavioural biases and where investors go wrong
Investors must reflect a changing climate in their base case assumptions and recognise that infrastructure investments are susceptible to faster-than-expected shifts. Here, we explore climate change’s risks and opportunities for infrastructure investors. Many implications of climate change are clear and direct: rising temperatures, higher sea levels and more extreme weather … [Read more...] about Climate change and resilience