Prices and Markets

Aberdeen Emerging Markets - 10.6% a year for 20 years Aberdeen Emerging Markets (AEMC) will be 20 years old on 22 June 2018. This is no small feat; it has survived numerous crises in emerging markets (EM), the distortions of ‘hot money’ (where investors flood into, and later out of, whichever market or sector happens to be fashionable) and a long-standing market focus on growth sectors (which does not suit the managers’ value-investment style). Furthermore, since launch, it has delivered...

Ever since the UK voted for Brexit back in June 2016, the UK economy has seen its fair share of turbulence (not least with the pound dropping by 7% against the euro on the day of the vote). Whilst the Brexit waves are causing a little less of a stir in the economy then they were nearly two years ago, the looming exit date in March 2019 moving ever closer is sure to see a resurgence in economic turbulence. Here...

JPMorgan Russian Securities - Beyond politics Russia’s relationship with the West is deteriorating. A brief period of optimism that accompanied President Trump’s election proved fleeting and recent events suggest that any hope of an easing of sanctions in the short-term is ebbing away. President Putin has secured his election victory but, amid new US sanctions and fears of increasing conflict in Syria, the market suffered its largest fall in four years; who can say what Putin’s next move will be....

More and more people nowadays are trying their hand at foreign exchange. Due to this influx of interest, standing out from the crowd and turning considerable profits has become a lot more intricate. Furthermore, due to the complete digitalization of the market, technology now plays a huge role in all wins and losses. Signing up with a reliable forex trading platform is thus indispensable. By choosing the right one, you will have access to all the tools and data you...

QuotedData’s economic round up – May 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the companies mentioned. Kindly sponsored by Polar Capital May Economic and Political Roundup Roundup Global stock markets rose in April. Concerns about protectionism...

QuotedData investment companies roundup – May 2018 – is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of April 2018. Kindly sponsored by Baillie Gifford. May Investment Companies Roundup India Capital Growth has experience a rebound in performance in the past month, as has the Indian market. The global infrastructure indices reached a low in late March and have recovered from there. Having underperformed,...

Premier Global Infrastructure Trust - Swings and roundabouts - Premier Global Infrastructure Trust (PGIT) has had a difficult start to 2018. Global markets have been focusing on growth and neglecting areas that are perceived as being defensive, such as utilities and infrastructure. PGIT’s capital structure has amplified the impact on the ordinary share NAV. However, valuation measures have improved significantly. These sectors could once again find favour should markets become more bearish, perhaps as a result of a slowdown in economic activity...

You know the old, universal idiom ‘’History repeats itself’’? There is no place where that famous saying is truer than the forex market, only in this case historical events are replaced by prices and charts. Even though machines and algorithms are doing most of the work, we tend to forget that the market itself will always fall victim to the flaws of the human psyche. As a result, the market trends have a tendency to repeat themselves, and the best...

Quarterly investment companies roundup – First quarter 2018 Global equity markets declined in the first quarter of 2018. Concerns about US interest rate rises were the feature of the first half of the quarter. However, worries about global trade took over in the second part, particularly with the implementation of trade tariffs by the Trump administration. Global bond markets reflected higher inflation, with most major government bond yields climbing. The median discount across all funds is still on a narrowing...