Partners in Investing

Growth trap stocks have underperformed the broad growth universe since last summer by their largest margin for any comparable period in history, and Ben Inker expects more pain to come.

Resource equities trade at deeply discounted levels and offer investors both a chance to benefit from high commodity prices and to protect their portfolios from inflation.

As we enter the second quarter, new uncertainties arising from the Russia/Ukraine war were reflected in widening spreads for the EMBIG-D. In this piece, we update our valuation charts and commentary.

During this webcast, Lucas White looks back at the opportunities we have seen in the last five years and discusses the favorable outlook for climate change investors today.

Amazingly, after one (admittedly strong) quarter, we have started to get the odd question as to whether the Value vs. Growth reversal has played out. Despite a late-quarter surge in Growth, the answer is an emphatic “No!”

It’s not just interest rate changes that affect the markets – changes in the Fed balance sheet can also have a significant impact. We believe systematic macro strategies can help diversify this risk.

Humanity must decarbonize our economy. This will be spectacularly resource intensive, relying on commodities that are finite in supply. Jeremy Grantham discusses the implications of this.

Given the rush to hedge and a reduced investor risk appetite, high yield index products are now trading at deep discounts to their net asset values.