No. Market forces and technological innovation have been far more impactful on the energy sector than environmental regulations. Investors should maintain exposure to private energy and publicly listed energy equities, rather than view this event as a reason to overweight energy exposure.
This new publication will discuss trends in real assets, with a primary focus on private strategies (agriculture, energy, infrastructure, metals & mining, property, and timber) using Cambridge Associates’ unique dataset. Each edition will bring you insights from the leaders of our real assets research on what they think about an aspect of this market today. This first edition shares our views on the amount of capital raised by private equity funds to take advantage of the oil market dislocation.
Highlighting the differing views on the commodities supercycle, this commentary focuses on the historical context of commodities’ supply and demand factors, specifically their effect on investments; examines energy equity valuations; and provides our advice on building or adding to positions in real assets.
A substantive discussion on the recent negative roll yield of the Goldman Sachs Commodity Index and what it means for investors. This paper also touches on the GSCI Total Return Index, the Dow Jones-AIG Commodity Index, historical returns of commodity indices, and offers implementation options to commodities investors.
REITs offer strategic benefits but limit your exposure in the current environment.
Ultra-long gilts provide interesting opportunities, but not at today’s prices.
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.
Can government and property industries craft a real estate investment vehicle that shores up the tax base and satisfies investor demands?
Optimism about future earnings growth is rising.
What are analysts saying about China’s new foreign exchange-rate regime?