‘In moments of high volatility it can be helpful to assess markets using a long-term perspective. In our latest note we look at the long-term case for European equities compared to US equities in absolute and relative terms. The recent tariff announcements appear to reflect a longer-run trend, which is the accelerating reversal of globalisation. … Continued
From Steven Kempler, Co-Founder and Pm of MBA’s Global Listed Infra fund: ‘As mentioned in the discussion piece by colleague Amelia Campbell, CFA, our portfolio holding Severn Trent is targeting asset base growth of more than 10% p.a. through 2030. Water remains a precious resource and this significant infrastucture investment is needed not only to … Continued
From Carlos Hardenberg, Partner and PM at MCP Emerging Markets ‘A pleasure to be back in Taiwan, some interesting facts to bear in mind: Semiconductor Industry: 1. TSMC held a 64.9% share of global semiconductor foundry revenue in Q3 2024, a 12% YoY increase. Including other foundries, Taiwan’s total market share surpassed 72%, up 9% … Continued
Link: Is ESG over for Global Listed Infra? From Georgia Hall, ESG & Investment Director “That’s it, guys, the party is over! The headlines have done an overnight U-turn on sustainability and ESG. Apparently, no one cares any longer and these are not priorities for companies, investors and regulators alike. My perspective has changed after … Continued
Postcard from South Korea
‘India’s market rally is taking a breather, while the US remains a strong draw for global capital. With shifting trade policies, fiscal moves, and evolving investor sentiment, where does India stand? ASK Private Wealth’s Carpe Diem report – from the CIO’s desk – breaks it down’. Read the full report here: Carpe Diem – Feb25-New
Link: MBA – Data Centres ‘The rapid expansion of data centers is creating significant growth opportunities for U.S. regulated electric utilities. In our opinion, this surge in demand is driving increased investment in renewable energy, energy storage, and grid modernization, supporting long-term sector growth. A recent Meta announcement in Louisiana serves as a case study … Continued
‘As Lunar New Year celebrations continue this week, it’s a fitting time to reassess the Chinese market. The Year of the Snake, symbolising wisdom, strategy and transformation, is a timely arrival given China faces deep economic challenges, including a property sector crisis, weak consumer sentiment, and deflationary risks. While Beijing introduced stimulus measures last year … Continued
‘Exciting news! According to Citywire, as of December 31st, 2024, the Quaestio European High Yield Bond Fund is ranked #1 in the Bonds – Europe High Yield category for the Italian, Spanish and Portuguese markets. This achievement reflects both the core principles of our High Yield strategy and the excellent work of our Investment Team.’ … Continued
https://mcp-em.com/en/news-insights/581 ‘Donald Trump’s inauguration yesterday following his landslide victory marks a pivotal shift for U.S. and global markets. While U.S. equities and the dollar have strengthened in response, emerging markets face a more uncertain outlook due to Trump’s aggressive tariff rhetoric. Yet, within challenges lie opportunities. Countries like India, Indonesia, and Vietnam, for example, are … Continued