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February 2017

News Value Stocks Lose Steam But Active Managers Stay Afloat

Value stocks have lost steam in early 2017 as market exuberance faded and investors reappraised the risks of trade wars. The renewed underperformance of value stocks has taken many investors by surprise as it follows a sharp rebound in the last quarter of (...)

February 2017

News Nomura’s NEXT FUNDS Nikkei 225 High Dividend Yield Stock 50 Index Exchange Traded Fund Lists on Tokyo Stock Exchange

Nomura Asset Management Co., Ltd., the core company within the Asset Management Division of the Nomura Group, today listed the “NEXT FUNDS Nikkei 225 High Dividend Yield Stock 50 Index Exchange Traded Fund" on the Tokyo Stock (...)

February 2017

Opinion Upgrading European equities; downgrading EM debt

We are upgrading our view of European equities to overweight from neutral. We see European stocks as big beneficiaries of the broadening global reflationary environment and believe investors are too skeptical of the region’s (...)

February 2017

Strategy Emerging Markets: Another Year, Another Opportunity

Paul McNamara, investment director responsible for GAM’s emerging market strategies, looks ahead to 2017 and reflects that the likely drivers of EM local currency bond markets are the same ones that led to overall outperformance last (...)

February 2017

News Fixed Income Arbitrage Thrives As Bond Yields Rise

Bond yields continued to edge higher over the recent weeks on the back of stronger economic data and higher inflationary pressures. The rise in bond yields was more pronounced in Europe than in the U.S. across the curve, which contributed to the appreciation of the Euro vs. (...)

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