Research Note - October 2016

October 04, 2016 | Market Commentary

Slow growth and volatility have been the status quo throughout most of the current expansion. Our indicators suggest these features are likely to remain in place for now, but it is still important to consider what could threaten this outlook.

Country in Focus: Indonesia

August 31, 2016 | Emerging Markets

Emerging markets tend to intrigue investors and policymakers alike, if for no other reason than they are typically quite dynamic economically and politically. For investors, the changing landscape can represent a plethora of opportunities to sniff out sustainable trends early and profit from what are often dramatic swings in market expectations.

Country in Focus: Argentina

June 13, 2016 | Emerging Markets

Argentina is a country with plentiful natural resources, a well-educated labor force, and some of the highest income levels in Latin America. It has a rich, diverse culture and heritage, as well as a very turbulent past. Argentina’s story essentially centers on the questions of ‘what’ and ‘why.’ The former is less contentious, while the latter remains quite vexing.

Country in Focus: Italy

April 06, 2016 | Emerging Markets

Italy is the third largest economy in the eurozone. It is the second most visited country in Europe, and has become a pillar of modern design for everything from high-fashion clothing to luxury sports cars. With its famous culture, architecture, and palatial landscapes on one hand, and its state-of-the-art, high-end auto industry on the other, Italy often represents an intersection of old and new.

Country in Focus: China

February 26, 2016 | Emerging Markets

As long-term investors, we aim to see the big picture globally and keep our focus on the structural characteristics that should affect a country over time. China remains one of the countries where we see scope for continued outperformance in terms of economic growth, as well as a destination for many profitable investment opportunities.

Country in Focus: India

December 21, 2015 | Emerging Markets

India is currently one of the fastest growing economies in the world, in addition to being one of the largest. It is likely to surpass Italy and Brazil in nominal GDP within a year or so, and it will almost certainly surpass China as the fastest growing major economy in 2015.

Country in Focus: Japan

February 17, 2015 | International Markets

Japan is one of the most technologically advanced and innovative economies in the world. The country features remarkable business sophistication and well-developed infrastructure, and produces very high value-added products. However, macroeconomic weaknesses such as the massive public debt...