Like the UK, Latin America has suffered greatly during the pandemic – perhaps even more so. The World Bank estimates that regional GDP may slip by as much as 8%, with more than four million…
The ETF Vortex
From time to time, we have mentioned ETFs in our weekly commentaries. On the surface, they are one of the most sensible investment choices that an investor can make, aren’t they? In an era in…
A difficult balancing act
Alex Scott, Deputy Chief Investment Officer, Seven Investment Management Investors face a potentially difficult balancing act today. There is much to be positive – even optimistic – about. Most major economies are growing at or…
Week in review: loss of balance?
Earlier this year, the US Federal Reserve (the Fed) said it was making plans to reduce its collection of assets, or its ‘balance sheet’, which is worth around $4.5 trillion. The portfolio ballooned under the…
Where’s the clever money going? September 2017
Summer seems well and truly over, but the UK market until very recently has taken the autumnal weather very much in its stride, with the FTSE 100 index largely weaving sideways between 7350 and 7450…
Latin America’s Renewable Energy Revolution
For centuries Latin America’s natural resources have helped move the world economy. From the silver galleons that financed the Spanish Empire to the iron and copper exports that are rebuilding China, Latin America’s natural resources…
European Equities: Back to School
September in the Northern Hemisphere tends to be the beginning of the new school year. This year there seems to be a large amount on the ‘curriculum’. Starting with Brexit, the temperature is rising as…
The Return of the “Unreliable Boyfriend” and Other Central Bankers
Stanley Druckenmiller is one of the greatest investors/traders of the last 40 or so years. He managed money for George Soros from 1988 to 2000, and was instrumental in the trade that broke the Bank…
What’s in a name?
Ben Kumar, Investment Manager, Seven Investment Management Have a look at this list: 1. Apple 2. Alphabet 3. Microsoft 4. Amazon 5. Berkshire Hathaway 6. Johnson & Johnson 7. Facebook 8. Alibaba Group 9. Tencent…
Week in Review: Apples and Oranges
Was it worth the wait? The week’s big event in the highflying tech sector was the unveiling of Apple’s new iPhone. And not just one iPhone, as it turned out, but three: the iPhone 8,…
Macri Ready for Midterms
Since coming to power in December 2015 Argentine President Mauricio Macri’s wide-ranging reforms have attracted worldwide investor attention. It was a radical change after more than a decade of protectionist and heterodox economic policies under…
Are we late cycle?
WE LOOK AT WHAT THIS MEANS AND WHERE WE BELIEVE WE ARE Traditionally, the latter part of a cycle is characterised by rising real wages and higher consumer confidence, higher business confidence and investment, in turn…
Chart-catching – Value vs Growth Stocks
The chart below displays the performance of Value versus Growth equities, set against the US 10 year Treasury yield. Value stocks are those which trade at a discount valuation to the market whereas growth stocks…
Platform Portfolios For Professional Investors Only
Your browser does not support the video tag. Summary: Jeff Keen and John Bellamy review the performance of the portfolios over the last quarter and our outlook for investment markets
Fund in Focus
Your browser does not support the video tag. Summary text: Jeff Keen and Josh Oakley, managers of the Waverton Global Strategic Bond Fund, discuss the recent performance of the fund and their approach to duration risk…
Deciphering the Message from the Bond Markets
This week’s report is a little shorter than usual due to both non work commitments and also a sense that our market views are slightly out of synch with what is actually happening. This occurs…
Week in review: The teeth of the storm
This week: hurricane destruction, economic disruption and dragon resurrection. This week was dominated by the tragic impact of Hurricanes Irma and Harvey. At least 14 people lost their lives as Irma hit a number of…
Where to go from here?
Over the past year the world has put on an impressive display of sang-froid in the face of some extraordinary political developments. Although the ultimate real world consequences of the Brexit vote and the Trump…
Infographic: Asian Growth is Double the Developed World
An infographic that explains why Asian growth exceeds the developed world.