Global currency risk remains a concern for income investors – but its influence is likely to wane going forward, according to Hugh Yarrow. The Evenlode Income Fund manager tells Portfolio Adviser why it is unlikely currency pressure will continue to be a headwind for multinational dividends. Continue reading “Currency risk remains, but headwinds turning tail – Yarrow”

Standard Chartered has been confronted with another recent challenge in the shape of China’s yuan devaluation – and the worst is still yet to come, according to Argonaut’s Barry Norris. Reuters speaks with the Argonaut European Alpha Fund manager about the struggling bank, whose exposure to Asia’s economic weakness and currency volatility could further hamper new CEO Bill Winters’s turnaround efforts. Continue reading “Yuan slide seen adding to StanChart’s Asian challenges”

Perceptions that corporate governance in frontier and African markets is lagging are misguided, according to T. Rowe Price’s Oliver Bell. The A-rated manager tells Citywire Global why consistent out-performance of well-run companies – in sectors ranging from healthcare to retail – suggests a discrepancy between government and corporate governance, and outlines where he is seeing opportunities. Continue reading “Markets misguided on Africa’s corporate governance, says EM star”

Having recently increased his short position in Standard Chartered, Argonaut’s Barry Norris explains to Investment Europe why he is sceptical of the bank’s mission statement and general prospects – and why the worst is yet to come. Continue reading “Argonaut Capital: Why we have increased our short position in Standard Chartered”

Correlations between the credit market and sovereign bonds will linger on – and credit risk remains the bet to make, according to Neuberger Berman global fixed income manager Jon Jonsson. Continue reading “Only the misguided will ignore the sovereign-credit correlation”

Investors are better compensated in the emerging market debt markets than the equity equivalents at present, according to Neuberger Berman’ CIO of multi asset. Erik Knutzen tells Citywire Global why hard currency allocations and developed world bets can better weather the current investment climate. Continue reading “Multi-asset CIO: why EM debt is better bet than EM equity”

FE Trustnet looks back at the some of the most successful predictions made by the managers willing to stick their necks out going into 2015, including a forecast for oil from Argonaut’s Greg Bennett and a warning on Russia from Hermes’s Gary Greenberg. Continue reading “Five managers who have got it right in 2015 – so far”

While the world is in a constant state of flux, there remains one unfortunate constant: the human capacity to make mistakes. Ardevora’s Jeremy Lang explains to Citywire Wealth Manager how behavioural psychology – and more specifically, cognitive bias – influences his unique investment process.  Continue reading “Lang: How to exploit the 3 key errors investors always make”

In this AlphaScene update, Michael Kerley, Asian equity portfolio manager at Henderson Global Investors, discusses China’s recent surprise currency devaluation and how it affects his view on the market overall. Continue reading “Devaluation does not change our view on China”

Hermes’s Gary Greenberg discusses China’s currency policy, recent efforts to jumpstart the economy, and the country’s slowing growth on Bloomberg Television’s “The Pulse”. Continue reading “The realization of the slowdown in China”