Nov 11, 2019
Weekly Investment Focus

“Ready to Get Out of The Woods”
Forest is an attractive asset class for investors due to favourable
portfolio characteristics including high returns, low volatility
and low correlation with other asset classes.

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Nov 04, 2019
Weekly Investment Focus

“Recession or expansion?”
No sign of recession. On the contrary, purchasing
managers for the manufacturing sector are
already beginning to expect an economic
expansion in 2020.

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Nov 01, 2019
Weekly Investment Focus

“This is value’s time to finally shine”
The market’s love affair with growth stocks is coming to an end. There are
more and more investors who want to see beyond the momentum of FAANG,
awaken the Warren Buffett in them and turn to value stocks.

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Oct 14, 2019
Weekly Investment Focus

“The dollar is king but it may ultimately fall”
The US dollar surged against the world’s major currencies.
The greenback has remained one of the traders’ favourite currency to hold this year
amid high uncertainty and the divergence between the US and the rest of the world fundamentals.
But all good things must come to an end.

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Oct 07, 2019
Weekly Investment Focus

“Beware of inflation”
Slowly but surely, inflation is eroding saved wealth.
This has been particularly the case since the 2008
financial crisis and the decline in nominal returns.

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Sep 30, 2019
Weekly Investment Focus

“Ready to ride the next wave”
The economic cycle is reaching its trough. The next stock market
correction should be seen as an opportunity, not a source for concern.

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Sep 24, 2019
Weekly Investment Focus

“Do not try to buy duration”
A 100 basis point increase in US 10-year sovereign yields in six months would generate a negative
performance of -6.7%, including coupon and roll-down. It would be even more painful for German bonds.

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Sep 16, 2019
weekly Investment Focus

More and more international companies are moving their factories to Vietnam to produce manufacturing goods.
There are two main reasons for this: wages are low and to bypass US tariffs imposed on China.

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Sep 10, 2019
Weekly Investment Focus

The British pound is moving a little in line with economic and financial fundamentals and a lot with expectations of political decisions about Brexit. It is undervalued but buying it too early is a risk.

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Sep 02, 2019
Weekly Investment Focus

Defensive assets like gold and sovereign bonds were the best investments this summer. It is too early to sell them while central bankers prepare to hold their monetary policy meetings between 12 and 19 September.

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