New Zealand Outlook 2016: Keep Steady
Risks to the global economy are rising, but the New Zealand economy is relatively well placed compared to others, with many of the risks external in nature.
Investment Planning
Is the US Market Drop Just a Hiccup in a Continuing Bull Market, or the Beginning of a New Bear?
In this edition of CA Answers, two members of our research team debate whether markets have entered a new bear phase.
Australia Outlook 2016: Déjà Vu All Over Again …
Investors should be prepared for 2016 to look similar to 2015, with high volatility and poor returns for risk assets.
Is It Time to Rebalance?
Begin to rebalance into undervalued assets provided you have adequate liquidity to take advantage of additional opportunities that may develop.
Investment Publications Highlights: January 2016
January’s publication summarizes three articles on value, growth, and momentum. The first separates fact from fiction in value investing, the second discusses how the growth premium can be helpful to the value investor, and the third highlights how momentum in combination with value and growth can lead to a less-risky portfolio.
VantagePoint: First Quarter 2016
In this edition of VantagePoint, we briefly discuss economic growth prospects, reaffirming the need to be cautious about cyclically oriented assets in an environment of low growth and severe weakness in some corners that could potentially spread. In other words, we remain patient in evaluating opportunities and set high standards for taking cyclical risk. We review our outlook for cheap assets that keep getting cheaper (commodity-related assets and emerging markets equities), evaluate the case for high-yield bonds as yields and spreads have widened, and revisit our global developed markets equity recommendations.
What Should Investors Expect From Developed Markets Equities in 2016?
2015 looks likely to go down as a year to forget for many investors, and 2016 may bring only slight improvement.
Outlook 2016: Do You Know Where Your Risk Tolerance Is?
Every year, we take a fresh look at the themes and drivers likely to influence capital markets and, along with our valuation analysis, inform our asset allocation recommendations. Heading into 2015, we identified five trends that influenced our advice: US dollar strength, weakening commodity prices, elevated US equity valuations, extremely low sovereign bond yields, and…
Risks and Opportunities From the Changing Climate: Playbook for the Truly Long-Term Investor
Considering climate factors is an economic risk management and opportunity capitalization issue core to prudent investing for the long term.
Investment Publications Highlights: November 2015
November’s publication summarizes three articles on China. The first suggests that the country’s GDP growth rate is unlikely to decline severely, the second argues that the government’s policies to stabilize the economy probably will promote a more sustainable growth path, and the third highlights how China’s slowing growth may limit global growth.