Partners In Investing

A valuation-driven approach understands the biggest bargains are usually found in times of turmoil.

With the industry in turmoil, we’ve been examining the triggers to measure risk levels across the global banking sector.

Sovereign default rates have surged in recent years, resulting in low bond prices and terrific total return opportunities among defaulted and distressed emerging debt issues.

The wide-ranging performance of Value indices in January makes it abundantly clear that methodology matters. To capture the most compelling opportunities, Value investors must choose carefully.

Q4 returns reflected a partial recovery from the deterioration of global economic and market conditions. EM debt valuation metrics across all but the U.S. interest rate dimension are attractive.

After a painful 2022, the opportunity set is far better than it was a year ago. For the first time in several years, certain assets and strategies are either outright cheap or at least fair value.

The first leg of the bubble bursting is complete. Now it gets more complicated. A further correction is highly likely, but the timing and extent of the next leg down are uncertain.

In this webcast, we review the 2022 investment landscape and its impact on GMO Asset Allocation portfolios. We then show how the 2022 downturn informs our Asset Allocation views going forward. Importantly, we highlight the biggest...