More on Related Themes
2015-11-17 00:00:00 The Paris Attacks by Bob Veres (Article)
Here is a letter you can send to clients in response to the Paris attacks.
2015-10-19 00:00:00 Where to Look for Outperforming Active Managers by Bob Veres (Article)
Not all stock-pickers are winners, and winning funds tend to be scattered all over the various sectors of the market. Is there a way to analyze the different segments of the global opportunity set, and determine the best places to look for those outperforming managers?
2015-10-19 00:00:00 Investing for Impact: A Brief Guide for the Perplexed by Travis Allen, Anne Bucciarelli of AllianceBernstein
Discussions about investment strategies that take values or ethical principles into account can be confusing. Several different terms are used, often interchangeably; in fact, they may be converging. Here’s a brief guide that highlights a few key issues.
2015-05-21 00:00:00 Factoring in Politics when Investing by Robert Harvey of Matthews Asia
Factoring in political backdrops typically makes investment decisions more complex. What should investors consider in trying to mitigate political risk?
2015-02-04 00:00:00 Why global currency investing still makes sense by Michael A. Cirami, Eric Stein, John R. Baur, Matthew F. Murphy, Jr., Bradford Godfrey of Eaton Vance
Why global currency investing still makes sense – even amid a strong dollar We believe there are three reasons why many investors should remain committed to a diversified global currency strategy – even if the US dollar remains strong.
2014-12-30 00:00:00 The Ten Best Articles You Probably Missed by Robert Huebscher (Article)
Great articles don't always get the readership they deserve. Here are 10 that you might have missed, but I believe merit reading
2014-12-17 00:00:00 If Corporate America Is Investing in Sustainability, Then Why Arent You? by Michael Marinus Young of AdvisorShares
Unfortunately, thirty seconds in an elevator or hallway is not enough time to build the case for sustainability. But here on AlphaBaskets, were afforded the space and time to better explain why Sustainability should matter to them, and you.
2014-09-02 00:00:00 Ranking the Top 10 "Differentiators" for Advisory Firms by Bob Veres (Article)
If we have a clear idea of what foregrounds one advisory firm ahead of others, then we can deliberately cultivate those characteristics. The problem is, nobody has ever compiled a comprehensive list of differentiators, much less ranked them according to importance. So, to fill that obvious void, I've ranked the top 10 differentiators that I've personally seen advisors use in their positioning and marketing.
2014-07-09 00:00:00 Choosing Winners in Asian Credit: Key Trends and Themes by Raja Mukherji, Ronie Ganguly of PIMCO
Key trends include Asian credit supply, which is on track for another record year in 2014, and China's priority to promote cleaner and more efficient energy. Our bottom-up research and careful risk assessments informed by macroeconomic perspectives have us favoring select investments in several sectors of Asian credit markets, including state-owned enterprises in China and Korea, investment grade new issues and Basel III Tier 2 bank capital bonds. ?
2014-04-17 00:00:00 Two Major Players Graduate from MSCI FM 100 ? Is it Still Worth Tuning into? by Russ Koesterich of iShares Blog
Major changes are coming to the MSCI Frontier Markets 100 Index. Russ K explains the significance and why it reinforces his view that investors should have an allocation to the frontier.
2014-03-06 00:00:00 Evolution of SRI Leads Investors to a Sustainable Future by Chat Reynders of AdvisorShares
It?s no secret that positive screening as an investment strategy is becoming increasingly popular as advisors seek ways to identify substantive investment opportunities. The practice focuses investors on the elements of a company that can make a positive impact both on the bottom line and on society, pointing to socially progressive companies that generate returns.
2014-02-20 00:00:00 Where the Frontier Lies by Robert Harvey of Matthews Asia
My last research trip to Asia included eight flights and nearly 50 grueling hours in the air. During this time, I had the opportunity to ponder a question I am frequently asked, ?How do you define a frontier market??
2014-02-19 00:00:00 Help Your Clients Make a Bigger Impact With Their Investments in 2014 by Jorge Newbery of American Homeowner Preservation
Investing with the hope of gaining a good return is a given. But todays investors are looking for returns that go beyond dollars and cents. Between 2010 and 2012, sustainable and responsible investing (SRI) grew more than 22 percent, reaching $3.74 trillion in total managed assets. To put that number into perspective, think of it this way: more than one dollar of every nine dollars under professional management in the United States is invested according to SRI strategies.
2014-01-10 00:00:00 Exploring Ceylon Tea Country by Jodi Morris of Matthews Asia
Riding by train through the Sri Lankan highlands recently, I found it difficult not to be mesmerized by the views of mountains blanketed in tea plantings and cool mist. My days spent exploring Sri Lankas mountainous interior were among my favorite as a first-time visitor to the country.
2013-11-15 00:00:00 In the Wake of Disaster by Robert Horrocks of Matthews Asia
As humanitarian organizations scrambled to send relief to the Philippines this week following the countrys battering by Typhoon Haiyan, foreign governments prepared to support the rebuilding and economists looked to assess the tragedys near-term impact.
2013-10-24 00:00:00 Africa's Glass With Attitude by Mark Mobius of Franklin Templeton
Africa has been an area of interest to our team, for many reasons. One might say Africas biggest asset is its youthful population. With a median age of under 20 in many countries today, that means a very high portion of Africas population is dependent on the adult workforce. Tomorrow, however, it means that the workforce will be massive, and the ratio of dependents to workers (the dependency ratio) could be among the lowest in the world. This huge and youthful population is a key rationale for our interest there.
2013-07-30 00:00:00 Revisiting “The Cost of Socially Responsible Investing” by Paul A. Ruud (Article)
Endowments have been warned that socially responsible investing incurs a financial cost, based on research by two prominent academicians. But that research ? which has been presented and debated in this publication ? is based on a tenuous model that is highly sensitive to its assumptions. Change those assumptions reasonably, as I did in my research, and the cost of SRI becomes trivial.
2013-06-25 00:00:00 Letters to the Editor by Various (Article)
Adam Apt responds in the latest exchange of letters on the topic of socially responsible investing. A reader responds to Geoff Considines article, A Better Alternative to Cap-Weighted Bond Indices, which appeared June 11. A reader responds to Wade Pfaus article, Retirement Income Designations ? Which Should You Choose?, which appeared last week.
2013-06-20 00:00:00 The Best Time to Invest by Mark Mobius of Franklin Templeton Investments
I frequently speak at investment conferences around the world, and get questions ranging from my outlook for a particular market to highly sophisticated investment concepts. One seemingly simple question asked by a young lady years ago at a conference in Canada which I attended with the founder of Templeton Investments, the late Sir John Templeton, was particularly timeless. She asked: Ive just inherited some money from my grandfather. When is the best time for me to invest it?
2013-06-18 00:00:00 Letter to the Editor by Various (Article)
Adam Kanzer responds to several letters to the editor that appeared last week. Those letters were in response to his article, Exposing False Claims about Socially Responsible Investing, which appeared June 4. Kanzers article was in response to Adam Apts article, Measuring the Cost of Socially Responsible Investing, which appeared May 21.
2013-06-11 00:00:00 Letters to the Editor by Various (Article)
A number of readers responded to Adam Kanzer’s article, Exposing False Claims about Socially Responsible Investing, which appeared last week. Kanzer’s article was in response to Adam Apt’s article, Measuring the Cost of Socially Responsible Investing, which appeared the week before. Several readers responded to other articles as well.
2013-06-04 00:00:00 Exposing False Claims about Socially Responsible Investing A Response to Adler and Kritzman by Adam M. Kanzer (Article)
When the Domini 400 Social Index was launched in 1990, the common wisdom said that if you limited your investable universe by anything other than financial factors, you would limit your returns. The performance of the index has proven that assumption to be false. Nevertheless, the assumption lives on.
2013-05-24 00:00:00 Sri Lanka's Victory by Teresa Kong of Matthews Asia
Sri Lanka has begun to reap the fruits of peace. By diverting resources that were previously spent on its military toward things like infrastructure, tourism and education, its economy has experienced solid growth. As our small car sat in traffic on the main road leading to the Colombo airport, my driver told me about the newly planned highway scheduled to open later this year. The Colombo-Katunayake Expressway, he said, would reduce my 1.5-hour trip to about 20 minutes. More importantly, I thought, we wouldnt be driven off the road by rickshaws referred to locally as tuk-tuks.
2013-05-21 00:00:00 Measuring the Cost of Socially Responsible Investing by Adam Jared Apt (Article)
Quite apart from its motivations, the consequences of socially responsible investing have intrigued analysts. The actual results, as distinct from the desired results, cannot be taken for granted. Mark Kritzman has written about the subject, but his research was little noticed until recently, when SRI achieved renewed prominence in the form of popular demands that institutional portfolios divest themselves of investments in fossil-fuel companies. Kritzmans point, and the conclusion of his analysis, is that SRI, properly understood, incurs a cost to the portfolio.
2013-04-26 00:00:00 Why The Fed's Balance Sheet Matters Neosho Capital Takes On Alan Blinder by Chris Richey of Neosho Capital
We anticipate the Fed will begin slowing, but not eliminating, its QE purchases later this year, barring another severe downturn in the intervening period. As such, we expect macro-economic factors such as currency, interest rates, growth, and inflation to continue to be a significant influence on stock market returns and that the long-term benefits of active portfolio management and individual company performance will continue to be masked by these macro influences.
2013-04-19 00:00:00 Fast Emerging Asia by Taizo Ishida of Matthews Asia
Over the past 20 years, Asia has come a long way to evolve into an asset class in itself. China and India have famously led the way as symbols of emerging nations. But when I think about seeking growth in Asia, I am particularly drawn to the regions smaller equity markets as attractive hunting grounds for investment opportunities. Asia continues to change at a rapid pace, and this change is not restricted to Chinas ever-changing landscape, but to many other areas that may see fewer media headlines.
2013-04-19 00:00:00 Gold Buyers Get Physical As Coin and Jewelry Sales Surge by Frank Holmes of U.S. Global Investors
Even with the gold price dropping, why are gold coins selling at a premium? Its Economics 101: The coin supply is limited and the demand is high. This buying trend isnt only occurring in the U.S. In Bangkok, Thailand, for example, crowds of buyers were filling stores, eagerly waiting in multiple lines to purchase gold jewelry and coins.
2013-03-22 00:00:00 Power of Positive Screening: Pursuing Strength of Social and Financial Returns by Chat Reynders, Patrick McVeigh of Reynders, McVeigh Capital Management
Market volatility and sweeping changes to mainstream views of investing are catalyzing acceptance of tactics that combine fundamentals with a progressive outlook on social issues. Positive screening brings balanced companies to the fore of the investment landscape: this practice isolates sound equities that demonstrate strength of balance sheet, dependability of management, and a commitment to act as part of a global community focused on positive change.
2013-02-22 00:00:00 Only Do What Only You Can Do by Satya Patel of Matthews Asia
Sri Lanka is a tiny country of approximately 21 million people, with roughly the same population as the city of Mumbai and a total land mass nearly as big as Ireland and slightly bigger than the U.S. state of West Virginia. Despite being diminutive relative to other Asian countries, exports are an important part of Sri Lanka's economy, just as they are for its neighbors.
2013-01-18 00:00:00 2013 International Outlook by Colin Moore of Columbia Management
We continue our outlook for 2013 with a review of select international economies and financial markets. Similar to the U.S. the road to recovery will be bumpy and we expect financial markets to continue being affected by macroeconomic uncertainties. While the overall environment remains uncertain, some of the significant headwinds in 2012, e.g. the Chinese leadership transition and a complete disintegration of the eurozone, are perhaps less concerning for markets than they were a year ago.
2012-11-20 00:00:00 Letters to the Editor by Various (Article)
Readers respond to our articles, The Downside to Socially Responsible Investing, which appeared last week, and, Lacy Hunt on Our Economic Future, which appeared on November 6.
2012-08-29 00:00:00 Reconnaissance: Strategy Notes by Douglas Clark Johnson of Codexa Capital
The Non-Aligned Movement summit in Tehran is probably the most important conference hosted there since the 1979 revolution. Iran is doing its best to use the forum as an opportunity to assert its position in world affairs. In market activity, we think fundamentals in India call for less exuberance in gold than some would suggest. Our outlook for South Asia meanwhile recognizes valuation opportunities in the smaller markets of Sri Lanka and Bangladesh.
2012-02-03 00:00:00 Sri Lanka's Story by Taizo Ishida of Matthews Asia
Ever since Sri Lanka ended more than 25 years of civil war in early 2009, its economy has been on the upswing. The countrys stock market has quadrupled in the two years since the end of its long and bitter conflict, helped by strong, pent-up domestic demand. Among Sri Lankas top priorities has been a rebuilding of its tourism industry, and officials have set a target of attracting 2.5 million visitors by 2016. They may well get there if they keep pace with their 2011 annual growth rate, which saw a 30% increase to 856,000 visitors.
2011-11-26 00:00:00 With Rising Wages, Will China Remain a Manufacturing Hub? by Frank Holmes of U.S. Global Investors
In 2010, countries such as Hong Kong, Japan, South Korea and Germany depended on China for data processing, apparel, and iron and steel exports. Chinas largest import partners in 2010 were Japan, South Korea, the U.S., Germany and Australia. For those companies not already doing business in China, theres one dominant factor that shows they should start: the vast domestic market. Companies may be able to find a cheaper workforce in Bangladesh, India or Sri Lanka, but being located in China allows convenient access to what is rapidly becoming the worlds largest consumer market.
2011-03-15 00:00:00 The Latest, and Most Devasting Supply Shock by Louis-Vincent Gave of GaveKal
It has been a rough year so far in Asia, with unprecedented floods across Queensland, droughts in Sri Lanka, southern India and northern China, the Christchurch earthquake and now, most devastating of all, the Japanese earthquake and tsunami. Of course, there is already no doubt that in terms of human suffering and economic cost, this latest tragedy dwarfs all the others; at times like these, it is very hard to not feel either highly emotional, or completely despondent. As such, in an attempt to gain clarity, it is normal to fall back on history, and rely on it as a guide.
2010-12-17 00:00:00 Postcard from Bangladesh by Taizo Ishida of Matthews Asia
While some foreign investors may consider Bangladesh a ?frontier? market, its market capitalization already surpasses that of Pakistan, Vietnam, Sri Lanka and New Zealand. I believe there is a good chance that this market will be a more integrated part of the Asian investment landscape soon.
2010-10-21 00:00:00 Readers' Questions Answered Part IV by Mark Mobius of Franklin Templeton
Mark Mobius responds to reader questions on initial public offerings, non-listed entities, China's 20-year prospects, and markets in Thailand, Indonesia and Sri Lanka.
2010-07-13 00:00:00 Chronicle of the Quarter by Bob Veres (Article)
Bob Veres provides one of his Client Articles, which is a service for advisors to send to their clients; it's a daily blog about what it felt like to watch the market during the past fiscal quarter. It communicates several points: perhaps most importantly, that what seems clear in hindsight (the markets gave back their first quarter gains) is not at all clear as it is experienced.
2010-06-29 00:00:00 Chinese RMB: Much Ado About Nothing! by Komal Sri-Kumar of TCW Asset Management
Komal Sri-Kumar comments on US China relations, looking at how both sides view the appreciation of the RMB. Washington has lectured and Chinese officials have retaliated with their own diagnosis that the crux of the problem was lack of adequate regulation of U.S. financial institutions, and have suggested that the Obama administration should reduce the fiscal deficit rather than focus on the exchange rate. What Sri-Kumar believes is missing from this conversation is an understanding of the role played by exchange rates in balancing international trade.
2010-05-10 00:00:00 Think U.S. Double-Dip: Again by Komal Sri-Kumar of TCW Asset Management
Even though the National Bureau of Economic Research, the unofficial arbiter of the start and end of U.S. recessions, has not yet decided that the most recent recession has ended, the consensus view is that the economy recovering. Positive developments notwithstanding, Komal Sri-Kumar expects signs of a renewed economic downturn to manifest themselves during coming months. The slingshot effect of monetary and fiscal stimuli has still been less than stellar given the steepness of the economic decline during 2008-2009.
2009-09-01 00:00:00 Politics and Fund Managers by Robert Huebscher (Article)
Those readers who would like to know whether to invest with Democrat or Republican fund managers finally have some guidance, thanks to a new academic study. We report the results, along with a host of reasons why you shouldn't read too much into this data. We also provide the names of the top fund manager donors to each party over the period from 1992 to 2006.