With increased market volatility in the past two weeks, raising concerns of a coming market correction, continuing US-China trade war, escalating geopolitical risks in the Middle East, and the fact that over 90% of fund managers fail to outperform their benchmark, how much value is your wealth manager adding to your investment or pension? Click here to learn more
Momentum Global Investment Management, one of our UK regulated discretionary investment managers, held their 17th annual investment conference in London last month.
The theme of this year’s conference was ‘Return to Cyclical Normality?’ Ten years on from the global financial crisis, the era of ultra-loose monetary policy is ending and central banks, led by the Fed, are in the process of gradually normalising policy. Is the World now returning to a more normal cyclical pattern, marking the beginning of the end of the extraordinary economic and market conditions of the past decade?
Glyn Owen, Investment Director of Momentum Global Investment Management, with over forty years of market experience, examines this critical question and its implications for investors, as well as the minefield of geopolitics and the rapidly evolving international order. Click here to learn more.
The high performing FAANG stocks – Facebook, Apple, Amazon, Netflix and Google – have led the market higher over the past 12 months. Their high valuations – Amazon is currently trading at a price-to-earnings ratio (PE) of 195 – and high-tech bent has resulted in inevitable comparisons with the Dotcom bubble at the turn of the century. We do not believe we are in for a repeat of this particular boom and bust cycle, and while we are cautious on the broader US market, we are happy for our managers to continue taking appropriate risks where they see opportunities.
Richard Stutley (CFA) of Momentum Global Investment Management, one of our UK regulated, discretionary fund managers shares their view. Click here to learn more.
In 1976, one man quietly started a revolution.
That man was John C. Bogle.
He launched the Vanguard 500 Index Fund, the first index fund available to individuals, and transformed the investment landscape forever.
In 2012, Vanguard Group founder Bogle released a book. The Clash of the Cultures.
In it, he urges a return to the common-sense principles of long-term investing.
A common-sense strategy that “may not be the best strategy ever devised. But the number of strategies that are worse is infinite.”
With 60-plus years in the investment field, these lessons are immeasurably valuable: Learn more
With Brexit looming many of our clients have asked us how we are managing exposure to UK assets within our global portfolios. The challenge of positioning portfolios appropriately for Brexit, be it to mitigate risk or take advantage of potential opportunities, is tough as the negotiations could go either way: an acceptable future trade relationship with the EU or a no-deal outcome. These potential outcomes would have substantially different implications for investors.
Andrew Hardy (CFA) of Momentum Global Investment Management, one of our UK regulated, discretionary fund managers shares their view. Click here to learn more.
A combination of seasonality and a tax calendar effect sets up September for a potentially “monster” rally in US momentum stocks, according to Nomura Holdings Inc. Learn more
When we raise the issue of the importance of macro, we sometimes get the response: ‘no one has a good record predicting macroeconomic variables like GDP growth’; ‘where do you start when it comes to the many interrelated factors that influence inflation?’; or more bluntly ‘why bother?’.
Jernej Bukovec (CFA) of Momentum Global Investment Management, one of our UK regulated, discretionary fund managers shares their view. Click here to learn more.