The US yield curve inverted for the first time since 2007. What is the yield curve’s success in predicting previous US recessions? Is the inversion consistent with US data? What other reasons could be causing the inversion? Fund Manager, Stuart Edwards gives his views on the recent inversion of the yield curve.
Will the US follow and what can be done to alleviate this problem?
Fed Chairman Powell cites weakening global growth, trade policy developments and below-target inflation as impetus for rate cut.
Watch Stephen Anness and Andrew Hall, Global Equities Fund Managers, give their review of the second quarter of 2019, including the economic and political drivers of volatility, and their thoughts on valuation divergence and prospects for the short term.
John Greenwood, Chief Economist of Invesco, shares his current thoughts on the global economy.
The European Equities team look at the widening disparity of valuations within the European market and how this impacts risk within portfolios.
Read our latest research on diversifying oil exposure, how patent data can be a predictor of equity returns in innovation-based companies, fixed income factor investing - and China’s second tier cities and the shift toward a consumption-driven economy.
Bond yields have rallied strongly since Wednesday’s Fed meeting. At the time of writing the 10-year US Treasury yield is testing 2%. We are not adding duration risk at these low levels of yield. In the UK funds, duration stays low. In the Luxembourg based funds we have reduced duration slightly.
And they’re off. The race to become the next Conservative Party leader and UK Prime Minister has officially started. Who might win and what are the implications for Brexit?
Companies backed by assets, with a history of paying dividends to shareholders? Or targets for overregulation? Ciaran Mallon considers the case for regulated utilities.
Sebastian Mackay from the Henley Multi Asset team shares his thoughts on Modern Monetary Theory (MMT) and how policymakers may be running out of options.
Fund Manager Georgina Taylor travelled to India to meet with an array of experts, ranging from senior officials of the government and the country’s central bank to members of the news media, to see how policy changes are shifting the dynamics for investing.
Members of the Henley Fixed Interest team give their view on recent market developments and where they are seeing value in this Q&A.
Exposure to attractively priced UK earnings remains significant: Mark's portfolios have more than twice the exposure to UK sourced revenues as the FTSE All-Share index. Yet global investors are taking an extremely pessimistic view of the future for UK revenues, failing to recognise the underlying health of the UK economy.
From key data releases to international tensions, there are five issues that Kristina Hooper is watching closely this week.
Clive and Danielle take a look at performance in 2018 and explain why they’re looking ahead with optimism.
Arnab Das, Global Market Strategist, EMEA, and Michael Siviter, Senior Portfolio Manager, Invesco Fixed Income discuss what’s next for Brexit?
Investment outlook – Henley Fixed Interest team: Stuart Edwards, Thomas Moore, Michael Matthews and Julien Eberhardt, Fixed Interest Fund Managers, Henley Investment Centre
As an active, valuation focussed, long-term investor, I seek to invest in companies with strong fundamentals, that can be held for the long-term, when shares that are trading below my judgement of fair value. Correspondingly stock selection is the central tenet of my investment approach, and a superior consideration to that of the current macro-economic environment.