The Potential Attractions of Frontier Markets Equities
Frontier markets equities present an interesting opportunity for long-term investors with an understanding of the risks and pitfalls of this asset class.
Emerging/Frontier
US Manager Universe Statistics: Third Quarter 2015
This chart book presents representative marketable and hedge fund manager performance for third quarter 2015.
Now That Emerging Markets Equities Are Very Undervalued, Should Investors Increase Overweights?
No. We continue to advise small overweights to Asia ex Japan or emerging Asia relative to US equities, but would not suggest investors add more substantial overweights unless they have an exceptionally long time horizon and the ability to tolerate substantial volatility. The risks to emerging markets are well known. Commodity weakness, a slowdown in…
The Saudi Market Is Open for Business. Is This an Attractive Off-Benchmark Opportunity?
The Saudi equity market is closer to presenting an interesting opportunity for international investors than this time last year.
Emerging Markets: Putting a Premium on Patience
Emerging markets equities have tested investors’ patience in recent years, but those with a long time horizon should maintain their overweights, as today’s exceptionally low valuations should pay off in higher returns
Assessing the Likelihood of Another EM Currency Crisis
We do not anticipate a systemic emerging markets currency crisis like that of the late 1990s, though EM currency weakness and volatility are likely to persist for the next few years.
US Manager Universe Statistics: Second Quarter 2015
This chart book presents representative marketable and hedge fund manager performance for second quarter 2015.
What Should Investors Make of Recent Headlines from China and Greece?
The situations in China and Greece, not to mention Puerto Rico’s debt woes, serve as a poignant reminder not to be complacent. Investors should take care that portfolios are well constructed, diversified, and consistent with their ability to absorb downside risks while meeting long-term return objectives. With risks rising in some areas, and few bargains…
Will Further Market Volatility Ensue If Greece Does Not Return to the Bargaining Table?
The situation with Greece has become increasingly unpredictable and could trigger further market volatility in the weeks ahead. However, even under an adverse scenario such as a Greek exit from the Eurozone, other European assets are likely to eventually resume their decoupling from Greek assets, given firewalls in place and a more favorable economic backdrop….
The Investment Compass Points Due East: Asia’s Appeal to Emerging Markets Equity Investors
Valuations, fundamentals, and a more appealing macro picture make tilting emerging markets equity exposure toward Asia a sensible proposition.