Pakistan is often dominated by negative headlines, but those who visit the country get a very different picture. T. Rowe Price’s Oliver Bell speaks to Fonds Nieuws about the positive fundamentals driving a robust outlook for investors.
Continue reading “T. Rowe Price: the positive fundamentals powering Pakistan”
Citywire AA-rated Geir Lode, manager of the Hermes Global Equity fund, and Lewis Grant, senior portfolio manager, have recently increased their allocation to Japan – having become more bullish on the country’s prospects at the expense of the US. Here, they give five reasons why they are selling down their US holdings and moving into Japanese stocks. Continue reading “Five reasons why Japan can outperform the US”
A common feature of any large, developed market is the hegemony of its largest participants, writes Montreux’s Oliver Harris. While it is a sensible investment strategy to identify a sector where such event-driven value creation can be found, most markets of significant scale – whether telecommunications, oil, groceries or tobacco – are already consolidated. One area noticeably overlooked by investors until recently is the fragmented UK specialist care market, which stands to offer a window of opportunity for M&A driven value uplifts. Continue reading “UK private healthcare sector poised for wave of M&A”
Jeremy Lang, founder and partner at Ardevora, talks to AlphaSight about election uncertainty and its effects on the share prices of SSE and National Grid. Continue reading “Election uncertainty suppressing SSE & NG”
Was this the week the financial market fizz went out of eurozone quantitative easing? In light of recent economic volatility on the continent, Andrew Parry, head of equities at Hermes Investment Management, contends it is in fact fairly typical for markets to discount everything rapidly and upfront – and that the overstretched euro story is simply due a summer of consolidation. Continue reading “Hangover threat for eurozone QE party”
The financial crisis left the £120m GHG Retirement Plan in real difficulty. However, the scheme is now in a much better funding position thanks to the building of a strong strategic partnership with investment consultant Redington, finds Helen Morrissey. Continue reading “Scheme case study: Strong partnerships vital in GHG’s funding plan”
Nordea’s Sasja Beslik talks to FTfm’s Madison Marriage on avoiding Boeing over its new nuclear programme. Continue reading “Nordea blacklists Boeing over nuclear arms”
A stark warning from the IMF, as well as the latest major fund manager departure, have renewed concerns over how strategic bond funds will cope with a spike in yields. With long duration proving a successful strategy in 2014, Hermes’ co-head of credit Fraser Lundie suggests flexible fixed income funds risk repeating the mistakes of two years ago. Continue reading “‘Super taper tantrum’ fear and Cowley exit add to strategic bond scrutiny”
There is an undoubted transformation taking place in Africa, writes Oliver Bell, manager of the T. Rowe Price Frontier Markets Equity Strategy. Currently home to more than one billion people, the African continent will have the planet’s largest population of working-age people by 2040. It is also a region with a large amount of resources and very little debt, while investment in infrastructure is visibly picking up. Recent improvements in peace, democracy and economic management are driving an abundance of investment opportunities across the continent. Continue reading “T. Rowe’s Bell: A billion reasons to be bullish on Africa”
Lewis Grant, portfolio manager for Hermes Global Equities, outlines to AlphaSight the three key reasons why the team is extremely bullish on Japanese equities. Continue reading “The key reasons we are bullish on Japan”