State of the Banks
After a year of managing the challenges of the pandemic, the outlook on the European continent (and beyond) has only become more challenging with the crisis in Ukraine. Our thoughts and hopes are with those who struggle to see a
Back to homepage
Tag "sector"
Tsingshan’s predicament – High CO2 nickel sulphate for the Electric Vehicle sector
Embedded emissions within the supply chains of low-carbon technologies are growing in prominance with broader adoption. Today, manufacturing electric vehicles (EVs) has a much higher carbon footprint than traditional internal combustion engine vehicles. But automakers are working with their suppliers
Global tech: driven by strength of secular themes in the real world and beyond
The ongoing digital shift is being driven by an intensified need for enhanced productivity, affordability, and sustainability. The shift to Internet 3.0 (metaverse), electrification (sustainable transport and smart cities) and the need for next generation (low carbon) infrastructure are among
EMEA-Listed ETF Flash Flows
Asset Category ETFs suffered net outflows of $996mn last week amid elevated market uncertainty. Equity weathered net outflows of $856mn while Fixed Income lost $653mn. Investors favoured Commodity, which gathered $327mn, and Money Market exposures which took in $122mn. Equity
Sector & Equity Compass Q4 2021
Flows Overview. Demand for equities remained positive through last quarter, even as the market became more volatile. ETF investments showed net inflows into the majority of categories. Institutional investor flows showed different trends to sector ETFs in their pursuit of
Barometer: No need for evasive action
Asset allocation: Maintaining perspective There is no summer lull for investors this year. The global economy is powering ahead despite the resurgence of Covid-19 infections while inflationary pressures continue to build, particularly in the US. Then there’s renewed upheaval in
Sector and Equity Compass Looking to a Brighter World Q3 2021
Starting to play again Finishing Q2 on a High Developed equity markets ended June at record highs, reassured by signs of steady recovery and greater belief that inflation was transitory, thus delaying any necessary rate rises. Europe’s catch-up was also
The end of the beginning?
Strategic Sector Selector The resilience of the rally in global equities was tested in the second quarter of 2021 by a resurgence of COVID-19 cases and more hawkish messages by the US Federal Reserve. However, markets continued to grind higher
Sector Compass Monthly Update
June showed similar trend characteristics to earlier in the year, with value and cyclical exposures rising again — but with a hint of caution caused by the emergence of new COVID variants and concerns over Fed tapering. Europe and the
Geen chips, geen auto’s
De prijzen van veel producten schieten omhoog. De oorzaak ligt in een combinatie van factoren. Zo werd de productie in maart 2020 afgeschaald. Het was de verwachting dat er een wereldwijde recessie aan zou komen. Dat zou de vraag naar
Staying the course
Strategic Sector Selector Global equity markets posted strong returns in 2021 Q1 after a double-digit rise in the final quarter of last year despite a renewed rise in infection rates in Europe, South Asia and South America. We think the
Big Market Delusion: Electric Vehicles
Big markets have a special allure for investors. They offer the promise of another Apple, Google, or Microsoft. But big markets also bring with them the threat of what Cornell and Damodaran (2020) call “the big market delusion.” Big market delusions generally begin with …
Water, Frontier Debt and more in our Best Read of Last Week
OpinioPro readers found the BNP Paribas AM article the most interesting this week. The article discusses how the switch of many economies ‘’from a depletive to a sustainable model created a wide range of investment opportunities in many areas including water’’. The three main water-related investing …
Sector Compass: Light Sector Compass Reopening, Recovery and Rotation
Sector Compass: Light Sector Compass Reopening, Recovery and Rotation The sector rotation seen in flows and performance in the last two months of 2020 could continue given many investors still hold cash and are underweight the more risky areas. While
In the money: Financial exchanges hit the sweet spot
Financial sector headlines are often dominated by banks and insurers. But there is one area that has emerged as a steady grower and dividend payer: financial exchanges. Exchanges’ gains contrast against steep declines in the broader financials sector, where traditional banks in particular have grappled with ultra-low rates and a slowing global economy. Over the …
October started strongly but ended weakly as Covid concerns rose again.
"After all, it is difficult to determine which election outcome the market had priced in, when and with what probability. "
ESG is integral to our long-term investing philosophy
Investment Insights Key takeaways Capital Group has always considered ESG factors in our research and analysis We have systematically integrated ESG factors through sector-specific research frameworks We believe a heightened focus on ESG will help us deliver better outcomes for
Sector Compass US Election: Weighing the Impact on Sectors
High dispersion of returns between sectors has continued to offer significant opportunity for investors. We believe a selective approach remains the preferred path during Q4 2020 as uncertainty mounts around the US election, COVID-19 and regional challenges such as Brexit,
Thema: De staat van banken in Corona-tijd; voldoende buffers
De publicatie van de 2e kwartaalcijfers van banken is in volle gang. Een spannende periode. Deze cijfers gaan ons namelijk meer inzicht geven in de impact van de Corona crisis op de bankensector als geheel en de individuele banken daarbinnen.
The future of the travel & leisure sector: The analyst view
Key points: In the current environment, travel is negatively impacted as friction costs have increased, and the risk/reward balance has changed. This environment will not last forever. Attractive investment opportunities remain available in companies that can get through the current
Sector Rotation: Can the Approach Work in Different Countries?
Research on sector rotation, which is a popular tactical asset allocation technique, often centres on using price momentum as the sole criterion to identify outperforming sectors. The aim here …
Bewust Belonen en Waarderen
Een oproep aan de sector op basis van onderzoek bij banken, verzekeraars en financieel dienstverleners Financiële ondernemingen zijn wettelijke verplicht een beheerst beloningsbeleid te voeren. Hiervoor moeten zij onder meer financiële en niet-financiële risico’s inventariseren die gepaard gaan met het
Capital Group – Webinar – The future of the travel & leisure sector: the analyst view
Webinar – The future of the travel & leisure sector: the analyst view From the oil shock to the development of COVID treatments, we‘ll go deep on key industries and sectors to find out how they may fare through the
Morningstar – Webinar – Long-Term Equity Investing in Volatile Markets
Webinar – Long-Term Equity Investing in Volatile Markets Join Alex Morozov, Morningstar’s Head of the European Equity research team, as he provides broad assessment of equities’ long-term attractiveness in a highly uncertain world as well as an overview of Morningstar
Investing in electric car technology
From lighter, longer-lasting batteries to a new breed of semiconductors, there are a host of investible technologies powering the electric car revolution.
A reporting season already hit hard by the pandemic
In the wake of first-quarter reporting season, the consensus is probably still too optimistic At -12% for the S&P 500 in the US and -35% for the Stoxx 600 in Europe, firstquarter results were hit hard by the pandemic, even
Capital Group – Webinar – The future of the technology sector: the analyst view
Webinar – The future of the technology sector: the analyst view From the oil shock to the development of COVID treatments, we‘ll go deep on key industries and sectors to find out how they may fare through the crisis –
The future of the health care sector – the analyst view
Investment Insights SARS-nCoV2, the novel virus that causes the COVID-19 disease, is a novel pathogen that’s never before seen in humans. We have so far seen over 3.6 million known cases worldwide, with over 258,000 deaths. It is a highly
Strategic Sector Selector Is this elevator going up or down?
This is not the bear market we were expecting to end the cyclical uptrend in equities and definitely not the first quarter we envisaged when we wrote our previous edition. Our job is made more difficult by the uncertainty surrounding
How the Digital Economy has been supporting life in lockdown
Many of the companies within the Digital Economy have been well placed to assist with the challenges presented by government enforced policies of Stay at Home and Work from Home during the spread of the COVID-19 pandemic. However, this is
BMO Market Charts
Developed international stocks have seen a wide dispersion of returns over the trailing five-year period, with six of eleven sectors posting negative returns. Looking ahead, we believe investors should consider using active management to help navigate the international equity landscape
Covid-19: why the tech giants have emerged as winners
As many companies plunge into the financial unknown, the tech giants could emerge stronger than ever. While many businesses struggle to survive under the global lockdown, the largest technology companies remain afloat and in some cases are even thriving. Microsoft
Nieuwe gevallen van coronavirus buiten China drijven markten naar beneden
Europese aandelen: moeilijke maand De Europese aandelen beleefden een moeilijke maand. Hoewel ze sterk begonnen en de zorgen over het coronavirus van zich af schudden, zorgde het stijgende aantal gevallen buiten China voor een forse koersdaling eind februari. Door de
Servicing beyond solutions
The fourth quarter ended on a high note with US equities marching to new record highs. It closed a year where the narrative mostly had been pessimistic. Uncertainties around trade tensions, Brexit, political drama and recession fears have dominated. The
SEB House View
– As the trade war related uncertainty has faded we expect an inventory driven rebound in global growth over the coming 3-6 months Despite, in isolation, high valuations on all asset classes we expect this will be enough to fuel
S&P 500 sector composition: more tech, less energy than ever before
The S&P 500 remains a broad equity index, but its sector mix has changed As the S&P 500 sets new record highs this month – led by tech reaching new highs, while energy revisits 2016 lows – we decided to reexamine
Why add to (UK) equities?
Asset Allocation update What a difference a year makes. After a bruising 2018, last year allowed investors to capture the second-best return on a blend of global equities and long-dated bonds in 30 years. For stocks it was also a year of
Barometer: Aangemoedigd door de opkomende landen
Asset allocatie: vertraging bestrijden Beleidsmakers hebben tot nu toe een forse wereldwijde economische vertraging succesvol weten te voorkomen. De Amerikaanse Federal Reserve en de Europese Centrale Bank hebben de monetaire kraan geopend, terwijl sommige regeringen in opkomende landen fiscale stimuleringsmaatregelen hebben genomen, een voorbeeld
Stocks rise as they shrug off geopolitical risks
Weekly Investment Commentary The world and market attention last week was focused on the U.S. strike against Iran and mounting tensions in the Middle East. Yet markets largely looked past geopolitical risks and started 2020 on a strong note.1 For
Still Comfortable Being Uncomfortable
The era of micro cycles and disruption is set to continue in 2020. Equity markets continue to fascinate and surprise, with the one constant being a backdrop of uncertainty, driven by a cycle that keeps defying “the rules.” Expectations of reflation and recovery, spurred on by
Time for a fl ight to cyclical value in European equity
Equity markets in 2020: Watch out for a value rotation Indicators derived from monthly surveys of senior executives at selected companies that help in identifying economic trends. Growth investment style – It aims at investing in the growth potential of a
Quant signals for EU equity sectors and styles
Focal Point We introduce our proprietary equity valuation tool which provides indications of over- or undervaluation for different sectors and styles of European equities. The regression-based models use macro and financial variables to provide fair value estimates of the ratio between
Index Dashboard: Europe
Despite slowing growth in the Eurozone, prolonged uncertainty over Britain's exit from the E.U., and global trade conflicts, European equities can look back on their best year since 2009; the benchmark S&P Europe 350 rose 2% this month to complete 2019 with a
Voorzichtig herstel
Het klimaat op financiële markten verbetert doordat centrale banken de liquiditeitskraan opendraaien en omdat de handelsoorlog niet verder oplaait. Aandelen naar neutraal, maar liquiditeiten blijven favoriet Er breekt een waterig zonnetje door op financiële markten. Dat is voor een groot deel te danken
Barometer: The investment landscape in 2020
The dollar's bull run should come to an end, weighing on US equities. Emerging market debt, European equities and value stocks have the potential to outperform. Tread carefully. The path to strong investment returns in 2020 won't be a smooth
Index Dashboard: Europe
Summary European equities rose this month, for once without any new stimulus from central banks. Instead, improving economic data saw both stock prices and bond yields rise. The S&P Europe 350 gained 3%, keeping it on track for its best year since 2009.
5G Calling: The Contrarian Case for European Communication Services
Remind Me About 5G Communications Services was the largest change in sector classification late last year. The higher profile US sector stole the headlines, courtesy of several FAANG companies. The changes made by MSCI in their European Communications index, on
Limbo for markets will not last forever
Bad but not so bad news left the market in a limbo: equity markets were more or less flat in the month, treasury yields remained in the 1.5 / 1.8 range and credit spreads also remained within the trading range
De omvang van medische innovatie
Het Global Life Sciences-team richt zich op innovaties, waaronder oplossingen voor de behandeling van hart- en vaatziekten, kanker en diabetes. Hartziekten veroorzaken bijvoorbeeld 17,9 miljoen sterfgevallen per jaar en kostten de wereld in 2010 voor $863 miljard aan zorg. Dat
Investing in Health Sciences Breakthrough Therapies
When Dr. Ziad Bakri is researching an investment idea within the biotech industry and the mounds of financial data on his desk don’t reflect what he believes comprises the entire story, the portfolio manager of the T. Rowe Price Health
FEATURED
