Supply chain implications

Notes from the Road: new retail, new opportunities in China

The global pandemic has accelerated changes in China’s consumer habits, disrupting the retail sector. 4Factor analyst Jay Wang went on the road to discover how quickly new concepts have filled the gaps left by the old, creating opportunities for investors.

Emerging Markets Insights: P&I Interview with Varun Laijawalla

In this Q&A, Varun Laijawalla discuses the opportunities in EM equities, developments in China and ESG in emerging markets.

9 minutes

Re‑Orientation

In this two-part series, we explore the investment implications of China’s astonishing rise

Everyone lives by selling something

Chapter 2 of 'Investing in the West in a China-led world' - Understanding what China wants from the West – and how its international shopping list is likely to change over time – can help investors identify which Western companies are more likely to benefit from the tailwind of Chinese growth, and which may find their exports dwindling as China pursues its policy of self-sufficiency.

From the multi-asset income desk: reaching the debt ceiling

Ellie Clapton and Jason Borbora-Sheen discuss two key topics on the multi-asset income team’s desk at present. The fallout from US regional banks and the impending US debt ceiling are at the top of the agenda.

The case for Emerging Market Equities

Varun and Archie discuss the case for emerging market equities. The past decade could be characterised as more risk than return for emerging markets. But that may be about to change, with policy change in China is the key to unlocking it all.

EM Perspectives: takeaways from our annual seminar

With emerging markets returning to the agenda of many of the world’s biggest asset allocators, our annual two-day investor workshop has made a timely return.

Stage set for a rebound

There was no place to shelter for emerging market equity investors in 2022. But Archie Hart believes that - if you look through the noise - there are a lot more opportunities to invest in than 10 or 20 years ago.

Navigating a volatile Chinese equity market

Chinese equities are volatile but increasing pockets of value have emerged. We believe the asset class is well placed to rally once corporate earnings bottom and the market understands that economic growth remains a priority.

New walls and broken bridges

Russia’s invasion of Ukraine and China’s growing assertiveness have important consequences for global markets. These consequences may not be as predictable as some would imagine.

Growth or value…which investment style will prevail?

Global growth is vulnerable to record inflation, the transition to QT, possible stagflation, a resurgence of COVID and war in Europe. In an atypical recovery, Nidhi Mahurkar and Rhynhardt Roodt of 4Factor discuss the outlook for equity styles.

Growing universe: Spotlight on infrastructure

Graeme Baker, co-portfolio manager of the Global Environment Strategy, provides an update on some of the thematic work the team has been doing over the quarter and discusses a new purchase in the portfolio.

Infinity machines

Portfolio Manager Archie Hart discusses Infinity Machines (compounders) and their attractiveness within a portfolio, quoting Einstein’s phrase ‘Compound interest is the eighth wonder of the world’…

Tiger, tiger!

What investors can expect in the Chinese New Year.

Why emerging markets are ahead in the growth, inflation and stimulus paradox

The valuation discount for emerging vs. developed markets is at its widest in 15 years, but with much of the bad news already priced in.

Transitioning to smoother and more widely dispersed domestic growth

A more accommodative policy environment supports a 2022 market recovery.

Sustaining the global equity bull run in 2022

Earnings growth needs to support current valuations for the global equity bull run to continue.

Navigating a more unpredictable European outlook as economies normalise

Increasing headwinds and unpredictability as Europe normalises post-pandemic.

Buffers built to counter global challenges?

Challenges remain as we enter 2022, but prudent action already taken by central banks has left emerging markets well-prepared heading into the new year. Grant Webster and Archie Hart discuss further.

Semiconductors as the next oil

A pronounced global chip shortage suggests that a large capex cycle is underway, but which aspects of the production chain look attractive?

11 minutes

Notes from the Road: new retail, new opportunities in China

The global pandemic has accelerated changes in China’s consumer habits, disrupting the retail sector. 4Factor analyst Jay Wang went on the road to discover how quickly new concepts have filled the gaps left by the old, creating opportunities for investors.

Emerging Markets Insights: P&I Interview with Varun Laijawalla

In this Q&A, Varun Laijawalla discuses the opportunities in EM equities, developments in China and ESG in emerging markets.

9 minutes

Re‑Orientation

In this two-part series, we explore the investment implications of China’s astonishing rise

Everyone lives by selling something

Chapter 2 of 'Investing in the West in a China-led world' - Understanding what China wants from the West – and how its international shopping list is likely to change over time – can help investors identify which Western companies are more likely to benefit from the tailwind of Chinese growth, and which may find their exports dwindling as China pursues its policy of self-sufficiency.

From the multi-asset income desk: reaching the debt ceiling

Ellie Clapton and Jason Borbora-Sheen discuss two key topics on the multi-asset income team’s desk at present. The fallout from US regional banks and the impending US debt ceiling are at the top of the agenda.

The case for Emerging Market Equities

Varun and Archie discuss the case for emerging market equities. The past decade could be characterised as more risk than return for emerging markets. But that may be about to change, with policy change in China is the key to unlocking it all.

EM Perspectives: takeaways from our annual seminar

With emerging markets returning to the agenda of many of the world’s biggest asset allocators, our annual two-day investor workshop has made a timely return.

Stage set for a rebound

There was no place to shelter for emerging market equity investors in 2022. But Archie Hart believes that - if you look through the noise - there are a lot more opportunities to invest in than 10 or 20 years ago.

Navigating a volatile Chinese equity market

Chinese equities are volatile but increasing pockets of value have emerged. We believe the asset class is well placed to rally once corporate earnings bottom and the market understands that economic growth remains a priority.

New walls and broken bridges

Russia’s invasion of Ukraine and China’s growing assertiveness have important consequences for global markets. These consequences may not be as predictable as some would imagine.

Growth or value…which investment style will prevail?

Global growth is vulnerable to record inflation, the transition to QT, possible stagflation, a resurgence of COVID and war in Europe. In an atypical recovery, Nidhi Mahurkar and Rhynhardt Roodt of 4Factor discuss the outlook for equity styles.

Growing universe: Spotlight on infrastructure

Graeme Baker, co-portfolio manager of the Global Environment Strategy, provides an update on some of the thematic work the team has been doing over the quarter and discusses a new purchase in the portfolio.

Infinity machines

Portfolio Manager Archie Hart discusses Infinity Machines (compounders) and their attractiveness within a portfolio, quoting Einstein’s phrase ‘Compound interest is the eighth wonder of the world’…

Tiger, tiger!

What investors can expect in the Chinese New Year.

Why emerging markets are ahead in the growth, inflation and stimulus paradox

The valuation discount for emerging vs. developed markets is at its widest in 15 years, but with much of the bad news already priced in.

Transitioning to smoother and more widely dispersed domestic growth

A more accommodative policy environment supports a 2022 market recovery.

Sustaining the global equity bull run in 2022

Earnings growth needs to support current valuations for the global equity bull run to continue.

Navigating a more unpredictable European outlook as economies normalise

Increasing headwinds and unpredictability as Europe normalises post-pandemic.

Buffers built to counter global challenges?

Challenges remain as we enter 2022, but prudent action already taken by central banks has left emerging markets well-prepared heading into the new year. Grant Webster and Archie Hart discuss further.

Semiconductors as the next oil

A pronounced global chip shortage suggests that a large capex cycle is underway, but which aspects of the production chain look attractive?

11 minutes

Notes from the Road: new retail, new opportunities in China

The global pandemic has accelerated changes in China’s consumer habits, disrupting the retail sector. 4Factor analyst Jay Wang went on the road to discover how quickly new concepts have filled the gaps left by the old, creating opportunities for investors.

Emerging Markets Insights: P&I Interview with Varun Laijawalla

In this Q&A, Varun Laijawalla discuses the opportunities in EM equities, developments in China and ESG in emerging markets.

9 minutes

Re‑Orientation

In this two-part series, we explore the investment implications of China’s astonishing rise

Everyone lives by selling something

Chapter 2 of 'Investing in the West in a China-led world' - Understanding what China wants from the West – and how its international shopping list is likely to change over time – can help investors identify which Western companies are more likely to benefit from the tailwind of Chinese growth, and which may find their exports dwindling as China pursues its policy of self-sufficiency.

Supply chain implications

Anton Du Plooy

John Holmes

Anton Du Plooy

Technology Analyst

John Holmes

Analyst

Latest thinking

From the multi-asset income desk: reaching the debt ceiling

The case for Emerging Market Equities

EM Perspectives: takeaways from our annual seminar

Stage set for a rebound

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