Ultra-Long Gilts – Too, Too Dear
Ultra-long gilts provide interesting opportunities, but not at today’s prices.
Research Publications Archive
Increasing Strategic Equity Allocations to Asia
Investors should increase their allocations to Asia at the expense of U.S. and/or European equities.
The Appeal of Quality
Investors would be well served to tilt their portfolios toward high-quality assets.
European Small Caps: Mounting Concerns, but Stay the Course
Small-cap stocks on both sides of the Channel have performed quite well this year, though their momentum could begin to diminish under the force of several headwinds.
Emerging Markets Equity Investing
An overview of emerging equity including valuations, correlations with other asset classes, risks, investment vehicles, and benchmarks. Exhibits cover market capitalization, comparative valuations among emerging countries, and performance data on representative emerging equity managers.
Japan: Still Time to Get In?
Despite rapid price appreciation and broadening investor bullishness, Japanese equities remain attractive.
Oil and Gas Investing
This report examines the diversification benefits of oil and gas, entry/exit prices, risks (“dry-hole,” liability, and tax), implementation issues, and investment manager evaluation criteria.
Are Earnings Running Out of Gas?
The risks to U.S. corporate profits are underappreciated.
European REITs – The Changing Landscape
Can government and property industries craft a real estate investment vehicle that shores up the tax base and satisfies investor demands?
Energy Exposure: Too Much? Too Little? Too Late?
Investors’ allocations to energy-related assets have increased significantly. Given that energy commodities are overvalued, should we be concerned?